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Physical Asset Management Jobs (NOW HIRING)

NEW YORK POWER AUTHORITY

Asset Manager

Massena, IA · On-site

Improve the decision-making process for asset management based on quantifiable risk. * Manage the implementation and ongoing improvement of all data on physical assets to include asset onboarding ...

New York Power Authority

Asset Manager

Massena, NY · On-site

Improve the decision-making process for asset management based on quantifiable risk. * Manage the implementation and ongoing improvement of all data on physical assets to include asset onboarding ...

Harrison Street

Asset Management Analyst

Chicago, IL

$90K - $100K/yr

Harrison Street Asset Management ("HSAM") is a leading global alternative investment management ... physical or mental disability, genetic information or any other protected class under federal ...

JLL

Analyst - Asset Management

Pittsburgh, PA

Conduct on site property inspections to assess physical condition of collateral assets. * Analyze ... Strong time management skills and ability to operate under demanding deadlines * Ability to ...

Pae

Asset Management Coordinator

Groton, CT

$32 - $36/hr

As an Asset Management Coordinator, you will be responsible for daily support activities of ... Regularly conducting physical inventory checks to ensure accuracy of asset records and address any ...

Harrison Street

Asset Management Analyst

Chicago, IL · On-site

$90K - $100K/yr

Harrison Street Asset Management ("HSAM") is a leading global alternative investment management ... physical or mental disability, genetic information or any other protected class under federal ...

Amentum

Asset Management Coordinator

Groton, CT · On-site

$32 - $36/hr

Some physical/special requirements include: • Regularly lift to 50 lbs • Regularly climb ... and asset management software • Basic computer literacy and data entry skills • Ability to ...

Harrison Street

Asset Management Analyst

Chicago, IL

$90K - $100K/yr

Harrison Street Asset Management ("HSAM") is a leading global alternative investment management ... physical or mental disability, genetic information or any other protected class under federal ...

Hersheys

Analyst, Asset Management

Hershey, PA · On-site

The Analyst Asset Management supports IS Business Office administrative activities that support ... physical or mental disability, protected veteran status, genetic information, pregnancy, or any ...

ActioNet

Asset Management Specialist

Washington, DC

Description Asset Management Specialist Location: Washington, D.C. Clearance Requirement: U.S ... Perform physical inventory checks and asset audits. * Tag and track new IT equipment upon receipt ...

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Physical Asset Management information

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$35.5K

$94.1K

$164.5K

How much do physical asset management jobs pay per year?

As of Jun 13, 2026, the average yearly pay for physical asset management in the United States is $94,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $109,000.00 per year, depending on experience, location, and employer.

What are some typical daily responsibilities for someone working in Physical Asset Management?

Professionals in Physical Asset Management are responsible for overseeing the tracking, maintenance, and optimization of physical assets such as equipment, machinery, and facilities. This often involves conducting regular asset audits, coordinating repairs or maintenance schedules, and updating asset records in management systems. Collaboration with maintenance teams, operations staff, and finance departments is frequent to ensure assets are performing optimally and in compliance with regulatory standards. Daily tasks may also include analyzing asset performance data, supporting budget planning for replacements or upgrades, and developing strategies to extend asset lifespan. This role is vital to ensuring that company resources are used efficiently and contribute to long-term organizational success.

Is asset management a high paying job?

Asset management roles, including those in physical asset management, can offer competitive salaries, especially with experience, certifications, and specialized skills. Salaries vary by industry, location, and level of responsibility, but many positions provide a solid income and opportunities for advancement.

What is a Physical Asset Management job?

A Physical Asset Management job involves overseeing the lifecycle of physical assets, such as machinery, equipment, and infrastructure, to maximize efficiency and longevity. Professionals in this role develop maintenance strategies, track asset performance, and ensure compliance with industry regulations. They work to minimize costs, reduce downtime, and improve overall asset reliability. This job often requires expertise in data analysis, risk management, and maintenance planning to optimize asset utilization.

What does a physical asset manager do?

A physical asset manager oversees the tracking, maintenance, and optimization of an organization's tangible assets, such as equipment, machinery, and facilities. They develop asset management strategies, ensure compliance with safety standards, and use tools like asset management software to improve efficiency and lifespan of assets.

Who are the big 3 asset managers?

In the context of asset management, the big three firms are BlackRock, Vanguard, and State Street Global Advisors. These companies manage a significant portion of global assets and often seek professionals with skills in portfolio management, risk analysis, and financial analysis. They are key employers for those interested in asset management careers.

What are the key skills and qualifications needed to thrive in the Physical Asset Management position, and why are they important?

To thrive in Physical Asset Management, you need a solid understanding of asset lifecycle management, inventory control, maintenance planning, and often a degree in engineering, business, or a related field. Familiarity with Computerized Maintenance Management Systems (CMMS), Enterprise Asset Management (EAM) software, and relevant certifications such as IAM (Institute of Asset Management) can be highly advantageous. Analytical thinking, attention to detail, strong organizational skills, and effective communication are valuable soft skills in this role. These capabilities ensure assets are efficiently managed, maintained, and aligned with organizational goals, minimizing costs and maximizing asset value.

How much is an asset manager paid?

Asset managers typically earn a median annual salary ranging from $70,000 to $150,000, depending on experience, location, and the size of the firm. Senior asset managers or those working in large financial centers can earn significantly higher, often supplemented by bonuses and performance incentives.
More about Physical Asset Management jobs
What are the most commonly searched types of Physical Asset Management jobs? The most popular types of Physical Asset Management jobs are:
What states have the most Physical Asset Management jobs? States with the most job openings for Physical Asset Management jobs include:
What job categories do people searching Physical Asset Management jobs look for? The top searched job categories for Physical Asset Management jobs are:
Physical Asset Management jobs near you
Infographic showing various Physical Asset Management job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 94% Full Time, 1% Part Time, 1% Temporary, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $94,129 per year, or $45.3 per hour.

Associate Asset Management

Advantage Capital Management

New Orleans, LA • On-site

$15.75 - $21.25/hr

Full-time

Posted 24 days ago

Job description

Description:

The Company


Advantage Capital has been financing projects and companies in communities underserved by traditional sources of capital since 1992, helping transform local economies.


Our syndication group provides state tax credit equity to help developers finance their new construction, rehabilitation and mixed-use projects. Advantage Capital has syndicated over $2.3B in federal and $2.4B in state tax credits over a more than 30-year history and, in the process, developed deep expertise in efficiently structuring and closing transactions.


We are currently active in the following states for state LIHTC: Arizona, Arkansas, Colorado, DC, Georgia, Hawaii, Indiana, Kansas, Missouri, Nebraska, Ohio, Oklahoma, South Carolina, Utah, Virginia and Wisconsin.


The Role


The Asset Management team supports our affordable housing team by monitoring our investments for their entire life cycle from closing to disposition. They must be detail oriented and professional. Primary duties include but are not limited to collecting and analyzing financial statements to ensure the properties are performing as expected and remain in compliance. In addition to asset management duties, this position requires an understanding of state LIHTC programs, basic partnership reviews and tax return reviews.


This position is in Clayton, MO; however, for the right candidate we will consider candidates in alternate locations. We welcome and desire candidates from all backgrounds to apply. However, a candidate with experience in LIHTC asset management is preferred.


Job Responsibilities


  • Monitor and evaluate on a quarterly, annual or as-needed basis the financial performance of each asset assigned and address major operational performance issues related to the property
  • Expedite collection of overdue deliverables by contacting property owners / managers
  • Establish and maintain good working relationships with internal and external stakeholders and partners including operating partners, property managers, and equity partners
  • Maintain and update data points in various spreadsheets and online systems
  • Analyze and interpret data collected from properties for compliance with internal metrics
  • Prepare monthly, quarterly and annual reports to supervisor which are ultimately provided to senior leadership, and present updates to leadership as needed
  • Perform site visits, as requested
  • Monitor projects under construction and lease-up to ensure underwritten budgets and schedules are being maintained
  • Risk rate assigned assets on quarterly basis and provide a proactive plan for addressing any property added to the watch list.
  • Reviewing/analyzing documentation supporting capital contribution installments and making recommendation as to whether benchmarks have been met – including debt service coverage ratio, stabilization, and economic/physical occupancy calculations
  • Field partner requests and changes to partnership agreements for approval
  • Analyze lease up to determine initial year credits and calculate and make recommendations to leadership on equity adjusters
  • Track and review tax returns and tax credit eligibility documents from partnerships
  • Other tasks as directed.


Qualifications


  • Working Knowledge of LIHTC Compliance requirements
  • Ability to independently interpret data, identify inconsistencies or noncompliance and make recommendations to leadership
  • Excellent verbal and written communication skills.
  • Excellent organizational skills and attention to detail.
  • Ability to multi-task and prioritize responsibilities as needed
  • Excellent time management skills with a proven ability to meet deadlines.
  • Works well in a team setting
  • Strong analytical and problem-solving skills.
  • Ability to maintain confidentiality, and to exercise discretion and good judgment.
  • Proficient with Microsoft Office Suite or related software.


Education Requirements

  • Bachelor’s degree in commercial real estate or finance field, or equivalent experience in asset management.
  • Five years of experience in one or a combination of the following: commercial real estate, low-income housing tax credit investment, or asset management.
Requirements:


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