Business Management Associate Degree Jobs in Indiana

Company Overview

The BAM Companies (BAM) began in 2010 in the heart of Indianapolis. Affectionately referred to as the "BAMFAM" by its employees, the company is dedicated to changing the way property management operates. A property management company focused on achieving maximum benefit for residents, owners, and investors, BAM always acts with a focus on its core values of: Growth, Fun, Family, and Work-Life Balance. In utilizing industry knowledge, the strengths of the team, and market expertise, BAM is a company that knows how to succeed! We encourage you to join this winning team, and grow with us.

Summary

The Associate, Asset Management will work side-by-side with the Vice President, Asset Management in driving the business plans set forth for each asset in the BAM portfolio. The goal of the position is to continue the company's history of a hunger for growth both personally, and at every level of the organization. This position is one that will chart a path for the company, keep track of miscellaneous and outstanding details, and support departmental and company leadership in each and every endeavor.

A successful person in this new and rewarding role is someone who can take on new tasks and challenges suddenly, can reroute last minute based on new information, is teachable, and is able to creatively think of solutions to everyday challenges.

Essential Job Functions

Asset Management

• Monitoring investment and property performance to preserve & increase the value of the investment throughout the asset life, including the review of property financials and narratives on a monthly basis.
• Perform rigorous financial analysis and modeling related to the execution of asset management initiatives including leasing, asset repositioning, and improvements to operational efficiency.
• Researching, recommending and leading the implementation of innovative strategies and technologies that can drive performance and value to the portfolio.
• Working with valuations and exit models to ensure accuracy in order to inform investment strategy and portfolio management.
• Collaborating with the investor relations team on accurate and thorough investor reporting each quarter.
• Working with property management teams to drive asset performance in accordance with the approved budget and business plan, as well as devising a written defined plan for prompt turnaround of underperforming assets within assigned portfolios.
• Respond to requests for information and maintain business relationships with general partners/developers, management agents, lenders, contractors, and third-party consultants as it relates to the flow of relevant and timely asset-related communication and coordination.
• Reviewing and gaining understanding of legal documents such as loan agreements, guarantees, and promissory notes, and coordinating with borrower and respective staff to ensure the loans remain in compliance.
• Conduct regular site inspections to evaluate physical condition, operations, and competitive market conditions.
• Staying abreast of business and market trends and providing recommendations for expense savings and income opportunities.

Finance

• Assist with deal processing from application to closing, including the coordination and review of third-party reports, collection of borrower/property-level due diligence, and coordination with lender's counsel and title/survey review.
• Assist with the review and analysis of third-party Appraisals, Engineering Reports, Seismic Reports, Phase I Environmental Assessments, and Operations & Management (O&M) Reports.
• Assist with maintaining a checklist of closing items to ensure and facilitate completion of each item prior to close.
• Coordinating real estate tax appeals and other strategies as necessary to effectuate favorable outcomes for the asset and its investors.
• Assessing performance of the assets relative to original underwriting strategies or business plans and industry benchmarks.
• Working with joint venture partners, construction management, property management, and accounting teams to ensure effective management of lender / construction draws, reserves and lender holdbacks within the assigned portfolio.
• Working closely with internal and external property management teams to review, approve, build, and manage both operating capital expenditures budgets for assets.
• Performing financial analysis of properties including operating statements, budget variance review, loan administration, lease analysis, and any other relevant reporting or documentation.
• Assisting with the tracking and procurement of interest rate caps and other hedges/interest rate management products.

Acquisitions and Dispositions

• Assist in the broker's opinion of value process in conjunction with analyzing potential dispositions and maintaining exit models and maintaining accuracy.
• Assist in preparing the due diligence materials and coordinating its delivery to the Buyer during the sale process.

• Maintain a checklist of closing items, including PSA required items and Operations' closing items.

Job Requirements

• Look for key opportunities and take a proactive approach to analyses; initiate proactive projects to uncover key insights.
• Lead and build internal collaborative environments to drive analysis-driven change of management initiatives through the organization.
• Communicate effectively at all levels of the organization through both verbal and written communication skills.
• Have an in-depth understanding of competitors within our target markets.
• Multi-task and juggle various projects simultaneously.
• Effectively prioritize with a sense of urgency.
• Develop and deliver effective presentations.

Competencies

• Self-motivated and hard-working with strong attention to detail
• Excellent financial analysis skills
• Excellent time management and organization skills
• High level of proficiency in Excel, Word, and PowerPoint as well as AI platforms such as Claude and Gemini
• Good working knowledge of real estate valuation approaches and processes
• Experience with Entrata (strongly preferred), Appfolio or a similar property management software
• Experience with ApartmentIQ or similar commercial real estate market data/research software

Required Education and Experience

• 2-3 years of relevant real estate or financial services experience in investment banking, lending, private equity, a REIT, or real estate operating company
• Experience working with operations teams including property management, accounting and finance, legal, etc.
• Bachelor's Degree with strong academic record or equivalent experience.

Benefits

BAM offers a comprehensive benefits package that includes some out-of-the-box choices, but things being different and that challenge conventional wisdom is how we always operate.

• Paid Time Off - Upon starting each employee already will be able to enjoy all 14-and-a-half paid holidays that BAM observes! On top of that, when each employee hits their 90th day, we drop 88 hours of PTO into each person's account. That only goes up on the employee's first BAM-iversary when we add another 120 hours into each person's bank.
• Traditional Medical and Health Benefits - We all need them, and BAM provides them at a bargain! Each year the company chooses to contribute a larger portion of the total benefits cost in an effort to not raise the employee's contribution and lower it if possible. This package includes: medical, dental, vision, voluntary life, short-term disability, long-term disability, and a small pet benefit option.
• Company Culture - BAM strives to have and succeeds in always having the small company feel. You will never be a number, and will always be valued. We live out our values: (1) When People Grow, BAM Grows, (2) Loyal, Loving Family, (3) Fun, Quirky Spirit, and (4) Work Hard, Play Hard, WIN!
• Free Life Insurance - The company pays for $25,000 in life insurance free of charge to each and every employee.
• Personal & Professional Development - BAM pays for unlimited access to MytrueU which is a site that aggregates incredible community leaders and asks them to share their lessons learned, in order to enrich others.
• Events - BAM spares no expense in order to plan events for the entire company. No matter where the employee is working, we ensure that everyone can get together and live out our Core Values.

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.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to perform the essential functions of this job successfully. While performing the duties of this job, the employee is regularly required to talk and/or hear. The employee frequently is required to stand, walk, use hands and fingers to handle or feel, and reach with hands and arms. The employee must occasionally lift or move office products and supplies, up to 20 pounds.

Position Type/Expected Hours of Work

This is a full-time position; hours of work will vary Monday - Friday.

Travel

This is a primarily local assignment during the business day, although some out-of-area travel may be expected.

Work Authorization

Authorized to work in the United States of America.

AAP/EEO Statement

The BAM Companies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, The BAM Companies complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

The BAM Companies expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of The BAM Companies' employees to perform their job duties may result in discipline up to and including discharge.

Communication Release

By applying for this position or showing interest to a team member, you agree to receive emails and text messages from Barratt Asset Management, LLC (The BAM Companies).If you want to stop receiving these communications, you can respond to a team member's call or message and request to be unsubscribed, which will then end the communication from us.