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Asset Management Associate Jobs in Norwalk, CT (NOW HIRING)

MONTICELLOAM

Asset Management Associate

New York, NY

$100K - $125K/yr

We are looking for an Asset Manager for our New York City office. The primary responsibilities and qualifications include: * Develop and manage financial models for the evaluation of investments in ...

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Asset Management Associate information

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$19

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How much do asset management associate jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for asset management associate in Norwalk, CT is $19.09, according to ZipRecruiter salary data. Most workers in this role earn between $15.19 and $20.29 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an asset management associate, and why are they important?

To thrive as an Asset Management Associate, you need strong analytical abilities, financial modeling skills, and a solid understanding of investment principles, typically supported by a degree in finance, economics, or a related field. Familiarity with portfolio management software, Excel, Bloomberg Terminal, and often progress toward a CFA certification are highly valued. Attention to detail, effective communication, and strong organizational skills set top performers apart in this role. These skills enable accurate asset analysis, effective client communication, and optimal portfolio performance in a competitive financial environment.

What does an asset management associate do?

An asset management associate supports the management of investment portfolios by analyzing financial data, monitoring asset performance, and assisting with client reporting. They often use tools like Excel and financial software, and may need relevant certifications such as the CFA to perform their duties effectively.

How to start a career in asset management?

To start a career as an Asset Management Associate, candidates typically need a bachelor's degree in finance, economics, or a related field. Gaining relevant experience through internships, developing strong analytical and communication skills, and obtaining certifications like the CFA can improve job prospects. Entry-level roles often require familiarity with financial modeling, portfolio management tools, and industry regulations.

Is asset management a prestigious career?

Asset management is considered a reputable and competitive field within finance, often associated with high earning potential and professional recognition. It requires strong analytical skills, industry knowledge, and certifications such as the CFA, contributing to its prestige among finance careers.

Is it hard to get a job in asset management?

Securing an asset management associate position can be competitive, often requiring a strong educational background in finance or related fields, relevant internships, and proficiency with financial analysis tools. Candidates who demonstrate analytical skills, industry knowledge, and professional certifications like the CFA may have better chances of success.

What is the difference between Asset Management Associate vs Investment Analyst?

AspectAsset Management AssociateInvestment Analyst
Required CredentialsBachelor's degree, often CFA Level I or IIBachelor's degree, often CFA Level I or II
Work EnvironmentFinancial firms, asset management companiesInvestment banks, asset management firms
Employer & Industry UsageAsset management firms, mutual fundsHedge funds, investment banks
Common Search & ComparisonYesYes

The Asset Management Associate and Investment Analyst roles share similar educational backgrounds and work environments, often requiring CFA levels. While associates focus on supporting portfolio management and client reporting, investment analysts primarily conduct research and analyze investment opportunities. Both roles are integral to asset management firms, but their daily tasks and focus areas differ slightly, making them common points of comparison for job seekers in finance.

How does an asset management associate typically collaborate with other departments within a firm?

As an Asset Management Associate, you'll regularly work with teams such as research analysts, portfolio managers, and client relations specialists. Collaboration can involve analyzing investment opportunities, preparing client reports, and supporting the execution of portfolio strategies. You'll often coordinate with compliance and operations teams to ensure that transactions and reporting meet regulatory standards. These cross-functional interactions not only enhance your understanding of the business but also build relationships that are valuable for career progression within asset management.
What job categories do people searching Asset Management Associate jobs in Norwalk, CT look for? The top searched job categories for Asset Management Associate jobs in Norwalk, CT are:
What cities near Norwalk, CT are hiring for Asset Management Associate jobs? Cities near Norwalk, CT with the most Asset Management Associate job openings:
Asset Management Associate jobs near you
Infographic showing various Asset Management Associate job openings in Norwalk, CT as of August 2026, with employment types broken down into 96% Full Time, and 4% Part Time. Highlights an 92% In-person, 4% Hybrid, and 4% Remote job distribution, with an average salary of $39,699 per year, or $19.1 per hour.

Asset Management Associate

L+M Development Partners

New York, NY • On-site

$110K - $135K/yr

Full-time

Re-posted 26 days ago

Job description

Sena Affordable Communities ("Sena") is the LIHTC preservation affiliate of the L+M Companies ("L+M"). Since 2014, the principals of Sena have been instrumental in the acquisition and renovation of over 10,000 units representing $2.8 billion in transactions across numerous markets, including New York's tristate area, Washington D.C., the West Coast, and the Sunbelt, Gulf Coast, and Midwest regions. Sena acquires affordable multi-family assets across the U.S. with the goal to renovate and modernize housing while preserving and extending long-term affordability through the use of Low-Income Housing Tax Credits and tax-exempt bonds.
Founded in 1984, L+M has over 500 professionals and has been responsible for more than $20 billion in investment, development, and construction, having created or preserved nearly 35,000 high-quality residential units in the New York City metro area, the West Coast, Sunbelt, the Midwest, and Gulf Coast regions. L+M is recognized as a preeminent platform within the real estate industry and is nationally ranked in the top 5 among affordable housing owners, according to Affordable Housing Finance's rankings.
Please visit our website for more information: http://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/mission-and-values/.
Opportunity
Sena is seeking an Asset Management Associate to join an experienced team responsible for growing the LIHTC acquisition and redevelopment business across select markets nationwide. Sena acquires, rehabilitates, and operates existing affordable housing assets financed with Low-Income Housing Tax Credits and Tax-Exempt bonds. Key areas of focus will include:
  • Review and analysis of monthly operating reports
  • Develop and formalize asset management strategy and processes to maintain and improve assets
  • Provide proactive, hands-on asset management

Areas of Responsibilities & Job Requirements:
  • Participate in the handoff process specifically in collecting and providing due diligence as properties move from development to operations/asset management.
  • Analyze asset performance and benefit delivery against both annual operating budget and underwriting pro forma, maximize property level cash flows.
  • Analyze rent roll, lease expiration schedule, vacancy rates, unit availability and marketing/leasing efforts to maximize occupancy and collection rates.
  • Liaise with operating partners to ensure optimal property financial performance.
  • Develop annual asset management plans and propose long-term strategies for refinancing, buying out partners, resyndicating or disposing of existing properties.
  • Evaluate, assign and monitor property performance and identify watch list properties for the assigned portfolio in accordance with L+M asset management guidelines. Work with team to prioritize issues and develop action plans to address challenges.

Knowledge, Skills, and Abilities:
  • Understanding of affordable housing programs
  • Working knowledge of real estate asset management with significant exposure to multifamily underwriting, development and property management preferred.
  • Financial modeling and quantitative skills
  • Comfortable navigating and analyzing transaction legal documents, financial projections and financial reports.
  • Must be able to travel to sites to perform periodic site visits
  • Self-motivated and proactive with an established track record of getting things done effectively and independently
  • A team player, able to work in an entrepreneurial environment, balance changing priorities and meet deadlines
  • Strong interpersonal skills for establishing and maintaining effective professional working relationships with internal and external constituents while handling challenging situations.

Educational Requirements:
  • Bachelor's degree required, Advanced degree in business, Real Estate or Urban Planning preferred.

Years of Industry Experience Required:
  • 3-5 years in real estate or a related field, direct affordable asset management experience preferred.

LMFM offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.
LMFM is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Disclaimer: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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