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Associate Director Asset Management Jobs in Ohio

Vice President Asset Management

New Albany, OH

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

With 1,000+ associates and a mission to open doors to homes, opportunity, and hope, we take pride ... Direct visibility and partnership with executive leadership, investors, lenders, and cross ...

Director of Asset Management STATUS: Full-Time, Salaried, Exempt About the Role The Asset Manager plays a critical role on the Asset Management team, focused on enhancing the long-term value of real ...

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Associate Director Asset Management information

What does an associate director asset management do?

An Associate Director of Asset Management is responsible for overseeing and optimizing the performance of a company’s portfolio of assets, such as real estate, investments, or financial products. They analyze asset performance, develop strategies to maximize returns, and coordinate with other departments or external partners to ensure objectives are met. Their duties often include financial reporting, risk assessment, and supporting senior leadership in making key investment decisions. This role requires strong analytical, leadership, and communication skills.

What are the key skills and qualifications needed to thrive as an associate director asset management?

To thrive as an Associate Director Asset Management, you need expertise in financial analysis, portfolio management, and real estate or investment principles, typically supported by a relevant degree and several years of industry experience. Familiarity with asset management software, financial modeling tools like Excel or Argus, and often certifications such as CFA or CPM are highly valued. Exceptional leadership, analytical thinking, and communication skills set top performers apart when managing teams and stakeholder relationships. These abilities are critical for optimizing asset performance, driving strategic growth, and ensuring effective decision-making in a complex financial environment.

What are some common challenges faced by an associate director asset management, and how can they be addressed?

As an Associate Director of Asset Management, one common challenge is balancing the strategic oversight of diverse property portfolios while meeting the financial performance targets set by stakeholders. This often involves coordinating with cross-functional teams, analyzing market trends, and implementing operational improvements to maximize asset value. Effective communication and strong analytical skills are key to managing competing priorities and aligning asset strategies with organizational goals. Leveraging technology for real-time data insights and fostering collaborative relationships with property managers can also help address these challenges.

What is the difference between Associate Director Asset Management vs Asset Manager?

AspectAssociate Director Asset ManagementAsset Manager
CredentialsBachelor's degree, often advanced certifications like CPM or CCIMBachelor's degree, relevant certifications like CPM or CAM
Work EnvironmentStrategic planning, team oversight, higher-level decision makingOperational management, property oversight, client interaction
Employer & Industry UsageReal estate firms, investment companies, property management firmsReal estate firms, property management companies, investment firms

The Associate Director Asset Management typically focuses on strategic asset oversight and team leadership, often holding higher-level certifications. Asset Managers handle daily property operations and client relations. While both roles require similar credentials and are used in comparable industries, the Associate Director role emphasizes strategic planning and management responsibilities.

Is an associate director a high position?

An Associate Director is considered a senior management role that typically involves overseeing teams and managing strategic initiatives within an organization. It is generally regarded as a high-level position, often reporting to directors or executives, and may require significant experience and leadership skills.

What cities in Ohio are hiring for Associate Director Asset Management jobs?

Cities in Ohio with the most Associate Director Asset Management job openings:

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 14 days ago


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Job description

Job Title

Director, Asset Services

Job Description Summary

Job Description

This is an opportunity to relocate to Salt Lake City, Utah for a Director role. This position is full time, on site in Salt Lake City, Utah.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
Provide leadership for markets which are geographically or functionally distinct and demonstrate ability to implement business unit strategy
Develop and maintain both a communication style and relationship that fits the client's preferred style
Demonstrate proactive customer service regarding all aspects of account management.
Communicate proactively, first when performance is not meeting expectations, and second when performance meets or exceeds expectations
Regularly associate with tenants to insure their reasonable satisfaction with building operations. Interact with tenants along with Property Manager on problems that may occur
Coordinate and/or prepare reports, annual budgets, and other documents for clients in accordance with management and other agreements, and in accordance with instruction received from the client. Preparation responsibility relates primarily to financial information and adherence to leasing guidelines. Review information and variances with Property Management Team
Participate in the preparation of annual budgets and any revisions thereto and also oversee operating compliances with budget approved by clients
Ensure completion of property tax administration and supervise services rendered by property tax consultant
Ensure administration of property and liability insurance requirement
Ensure compliance with the purchase order system, contracts, policies and procedures, and accounting requirements established by clients
Oversee the billing process, including payment of invoices and disbursement of funds. Monitor cash flow and/or cash requirements in conjunction with the Property Manager to assure efficient use of cash
Assist the Client/Asset Manager and Property Manager in determining proper cost allocations, identification of any re-billable cost, proper accounting for inventories, purchasing procedures, and any special accounting problems
Responsible for maintaining desired internal financial benchmarks for each asset with the portfolio as defined by the Director and Asset Manager. This includes occupancy levels, income levels, delinquency percentage, IRR and cash flow
Monitor cash flow and/or cash requirements in conjunction with the Property Manager to assure efficient use of cash
Coordinate construction projects with Construction Manager and Property Manager and approve construction contract documents and final invoices.
Effectively staff and develop bench strength and succession planning - positioning for new business
Regularly inspect properties with staff
Conduct annual performance evaluations and career path discussions. Oversee and ensure that all property management and maintenance staff receive an annual performance evaluation.
Analyze and make recommendations regarding property staffing needs, personnel performance issues, salary administration, personnel promotions and training and career development


KEY COMPETENCIES:
1. Business and Financial Acumen
2. Leadership Skills
3. Communication Proficiency (oral/written)
4. Customer/Client Focus (internal/external)
5. Time Management Skills


IMPORTANT EDUCATION:
Bachelor's Degree in Business or related discipline


IMPORTANT EXPERIENCE:
8+ years of real estate property management or related experience
5+ years of supervisory experience
CPM and/or RPA comparable experience in a senior leadership role
ADDITIONAL ELIGIBILITY QUALIFICATIONS:
Real Estate License
Industry designations and is an active participant/leader in external charitable and local and national industry related organizations
Ability to monitor and anticipate trends and changes within the industry
Advanced knowledge of Microsoft Office Suite
Demonstrate initiative through taking on additional assignments and responsibilities
Demonstrate advanced problem solving and deal with a variety of options in complex solutions. Requires expert level analytical and quantitative skills


WORK ENVIRONMENT:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions.


PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to travel from floor to floor, climb stairs, and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position for 85% of the time; regularly operate office machinery.


AAP/EEO STATEMENT:
C&W provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, C&W takes affirmative action to ensure that applicants are employed and employees during employment are treated without regard to any of these characteristics. Discrimination of any type will not be tolerated.


OTHER DUTIES:
This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.


Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 136,000.00 - $160,000.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or emailAccommodations@cushwake.com. Please refer to the job title and job location when you contact us.

INCO: "Cushman & Wakefield"

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