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Internship Distressed Asset Management Jobs in Indiana

PK Companies

Area Director

South Bend, IN

$70K - $80K/yr

Minimum 8-10 years of progressive property management experience with multi-site or regional leadership * Demonstrated success stabilizing distressed or underperforming affordable housing assets

REA MAGNET WIRE CORP

Reliability Intern

Fort Wayne, IN · On-site

$25/hr

... asset management, CMMS optimization, maintenance and operator care processes, and spare parts ... Position Specifications Internship Duration: 1 year Schedule: Flexible, approximately 20 to 30 ...

Steel Dynamics, Inc.

Finance Internship

Columbia City, IN

$16.25 - $21.25/hr

Support the finance team in managing budgets, expense tracking, and variance analysis. * Conduct ... Track and optimize fixed assets across the facility and maintain depreciation schedules and ...

New

Steel Dynamics, Inc.

Finance Internship

Columbia City, IN · On-site

$16.25 - $21.25/hr

Support the finance team in managing budgets, expense tracking, and variance analysis. * Conduct ... Track and optimize fixed assets across the facility and maintain depreciation schedules and ...

New

Steel Dynamics, Inc.

Finance Internship

Columbia City, IN · On-site

$16.25 - $21.25/hr

Support the finance team in managing budgets, expense tracking, and variance analysis. * Conduct ... Track and optimize fixed assets across the facility and maintain depreciation schedules and ...

New

Zigabyte Corporation

Zigabyte Internship

Saint Joe, IN · On-site

Internship Program: Information Technology Consulting in the Federal Government Zigabyte Internship ... assets for Requirements Development and Management, Peer Review, Technical Solution Development ...

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Internship Distressed Asset Management information

What is an internship in distressed asset management?

An Internship in Distressed Asset Management is a temporary position that provides students or recent graduates with hands-on experience in managing assets that are under financial stress or facing default. Interns learn about evaluating the value and risk of troubled assets, devising strategies for recovery or restructuring, and supporting senior managers in making investment decisions. The role typically involves research, financial analysis, and exposure to legal and operational aspects of distressed asset management within banks, investment firms, or asset management companies.

What types of projects or tasks can I expect to work on during an internship in distressed asset management?

As an intern in Distressed Asset Management, you will likely assist with financial analysis of underperforming assets, support due diligence efforts, and help prepare presentations or reports for internal and external stakeholders. You may also participate in market research to identify recovery strategies and attend meetings with senior team members to observe negotiations or restructuring discussions. This hands-on exposure will help you develop analytical, communication, and problem-solving skills essential for a career in asset management.

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

To thrive as an Intern in Distressed Asset Management, you need foundational knowledge in finance, accounting, and investment principles, often supported by progress toward a bachelor's degree in finance, business, or economics. Familiarity with financial modeling software, Excel, and data analysis tools is crucial, and coursework or certifications like CFA Level 1 can be advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you stand out in this dynamic environment. These abilities are essential for evaluating distressed assets, supporting investment decisions, and collaborating with teams in high-stakes, fast-paced situations.

What is the difference between Internship Distressed Asset Management vs Real Estate Asset Management?

AspectInternship Distressed Asset ManagementReal Estate Asset Management
CredentialsTypically students or recent graduates, no formal certifications requiredOften requires real estate or finance certifications (e.g., CCIM, CPM)
Work EnvironmentInternship setting, often in financial or real estate firmsFull-time roles managing property portfolios
Industry UsageUsed in finance and real estate sectors focusing on distressed assetsCommon in real estate investment and property management firms

Internship Distressed Asset Management involves assisting in managing distressed assets, often during an internship, focusing on financial recovery strategies. Real Estate Asset Management involves overseeing property portfolios, ensuring asset value and income generation. While both roles require knowledge of real estate and finance, internships are more entry-level and educational, whereas real estate asset management roles are more specialized and ongoing.

What cities in Indiana are hiring for Internship Distressed Asset Management jobs?

Cities in Indiana with the most Internship Distressed Asset Management job openings:

Internship Distressed Asset Management jobs near you

Area Director

PK Companies

South Bend, IN

$70K - $80K/yr

Full-time

Posted 5 days ago

Job description

Job Title: Area Director
Reports To: Regional Director of Property Management
Employment Type: Full-Time
Annual Salary Range: $70,000 - $80,000
Position Overview
We are seeking a highly experienced Area Director to lead operational recovery and long-term stabilization efforts across a diverse affordable housing portfolio. This position will primarily focus on underperforming properties, including communities requiring operational turnaround, compliance correction, physical rehabilitation, and lease-up stabilization.
The portfolio includes properties operating under USDA Rural Development (RD), LIHTC, HUD, and Missing Middle housing programs. The successful candidate will bring strong leadership, compliance expertise, and proven experience improving occupancy, financial performance, team culture, and regulatory standing in challenged assets.
This is a hands-on leadership role requiring decisive action, strategic thinking, and the ability to drive measurable results in complex environments.
Primary Responsibilities
Distressed Asset Stabilization amp; Turnaround
  • Lead recovery strategies for underperforming or distressed communities including operational, financial, compliance, and physical challenges
  • Assess property performance and implement corrective action plans focused on occupancy growth, expense control, and resident retention
  • Stabilize site operations through leadership restructuring, training, and performance accountability
  • Partner with ownership and asset management to execute turnaround timelines and performance benchmarks
  • Provide intensive oversight during transition periods, staffing changes, or agency interventions
Affordable Housing Compliance Oversight
  • Ensure portfolio compliance with:
    • USDA Rural Development regulations
    • LIHTC program requirements
    • HUD housing programs
    • State and local affordable housing guidelines
  • Correct compliance deficiencies and prevent recurrence
  • Prepare properties for agency reviews, audits, MORs, and investor inspections
  • Act as senior compliance resource for regional and site teams
Lease-Up amp; Rehabilitation Leadership
  • Provide executive oversight for active lease-up communities, ensuring compliance-driven leasing strategies and milestone achievement
  • Oversee operational execution during property rehabilitation and capital improvement projects
  • Coordinate closely with construction, development, and relocation teams
  • Maintain resident communication standards and minimize operational disruption
Financial amp; Operational Performance
  • Analyze financial statements, budgets, and operational KPIs to identify risk and improvement opportunities
  • Drive improvements in occupancy, collections, expense management, and NOI performance
  • Develop stabilization budgets and recovery forecasts
  • Monitor delinquency trends and implement collection strategies
Leadership amp; Team Development
  • Directly supervise Regional Managers and/or Property Managers within assigned portfolio
  • Recruit, mentor, and develop high-performing operational teams
  • Establish accountability standards and performance expectations
  • Intervene quickly to resolve leadership or culture challenges at struggling sites
Stakeholder amp; Agency Relations
  • Serve as primary operational liaison with ownership groups, investors, lenders, and regulatory agencies
  • Provide clear reporting on stabilization progress and risk mitigation efforts
  • Collaborate with Asset Management, Compliance, Maintenance, and Development teams to align operational strategy
Required Qualifications
  • Minimum 8–10 years of progressive property management experience with multi-site or regional leadership
  • Demonstrated success stabilizing distressed or underperforming affordable housing assets
  • Extensive experience with RD, LIHTC, and HUD programs
  • Proven experience overseeing lease-ups, repositioning efforts, or rehabilitation projects
  • Strong financial analysis and operational troubleshooting skills
  • Ability to lead through change and manage high-pressure environments
  • Willingness to travel frequently within assigned region
Preferred Certifications
  • HCCP, COS, SHCM, or equivalent affordable housing certifications
  • CPM or ARM designation preferred
  • Experience working with agency corrective action plans or receivership/transitional assets a plus
What Success Looks Like
  • Stabilized occupancy and improved financial performance across distressed assets
  • Successful completion of lease-ups and rehabilitation transitions
  • Reduced compliance findings and improved audit outcomes
  • Strong, sustainable on-site leadership teams
  • Properties transitioned from recovery phase to stabilized operations
Compensation amp; Benefits
  • Competitive salary
  • Performance-based bonus opportunities tied to stabilization goals
  • Comprehensive benefits package
  • Professional development and leadership growth opportunities
  • Opportunity to directly impact communities through housing revitalization
PK Housing is an Equal Opportunity Employer!

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