Quality Management Associate Jobs in Illinois (NOW HIRING)

Job Description:

Ryan Companies is hiring for an Asset Management Associate in our downtown Chicago office! This Associate is responsible for supporting the oversight of property portfolios to maximize financial returns and asset value. Expertise in financial modeling and property valuation is essential for managing the asset from completion to final disposition. This position encompasses supporting the Asset Management team in all activities including the preparation of quarterly comprehensive asset reviews for each property and forming investment strategies for leasing, refinance and sale. It also includes providing guidance for future development projects to help in underwriting new projects. This position also plays a critical role in bridging the analytical work of the analysts with the Director/VP asset managers.

The Asset Management Team has significant interaction with Ryan coworkers in the Ryan Investment Group (Capital Markets, Asset Management and Portfolio Management) as well as Ryan Developers, outside operators, partners and tenants and/or residents of the properties. The Asset Management team is responsible for ensuring that the services delivered across our multiple platforms are consistent with Ryan's values and the highest level of customer services is provided for our properties

Some things you can expect to do:

• Support the development and implementation of marketing, leasing, and sales strategies to maximize value of assets. Manage the creation and modification of sophisticated financial models in Excel-occasionally taking the lead on the model itself--ensuring accuracy and alignment with the project's investment strategy.
• Working alongside Ryan's accounting team, lead the management of cash flow and property distributions to maximize investment returns.
• Develop and manage capital improvement plans, including cost benefit analysis.
• Provide leadership and direction to property managers and Senior Living operators. Review and approve operating budgets for properties. Review monthly property reports and cash flow forecasts; follow up with property accountant and operating partners on variances and other concerns.
• Partner with Ryan Capital Markets to analyze, negotiate and execute loan refinancings or restructurings.
• Partner with Ryan Portfolio Management to complete quarterly reforecasting of property investment returns and participate in quarterly reporting meetings with Ryan senior management.
• Lead reporting and communications to Ryan JV partners. Assist with the preparation of investment letters and investment memorandums.
• Manage due diligence coordination on sale assets. Assist with research tasks related to overview of competitive market and demographic trends within the portfolio's geographic area. Maintain current knowledge of industry trends and performance of comparable properties.
• Provide guidance and mentorship to Capital Markets Analysts and Senior Analysts, reviewing their models and analysis.

To be successful in this role you will need:

• Undergraduate degree
• 4 - 8 years' experience as an analyst or senior analyst working for a commercial real estate development or investment firm. Asset management experience in multifamily and/or senior living preferred, but not required.
• Experience forecasting and modeling commercial real estate investments with strong working knowledge of fundamental valuation concepts.
• Knowledgeable on the following aspects of real estate:
• Organizational structures/Documents (LLC Agreements, Partnership Agreements)
• Property Tax Assessment Process
• Partnership Agreement and Structure
• Management Agreements
• Financing Structures/Loan Documentation

You will really stand out if you:

• Proficient in verbal, written and interpersonal communication skills.
• Ability to effectively work independently, as well as with others in a collaborative environment and matrix organizational structure.
• Demonstrated ability to plan, organize, prioritize and manage time to effectively meet deadlines.
• Attention to detail and quality with a strong focus on customer service and appropriate sense of urgency and good judgment in varied situations.
• Ability to concentrate on tasks, make decisions and work effectively in a high-pressure, deadline-oriented environment.
• Ability to maintain stamina throughout a standard workday, on- and off-site as well as maintain regular attendance during required work hours.
• Commitment to Ryan Values: Safety, Integrity, Respect, Stewardship, Family, Excellence and Fun.

Compensation:

The annual base pay is $120,000 - $150,100. The base salary may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills and abilities. Position may be eligible for additional compensation that may include commission and/or an incentive program.

Eligibility:

Position requires verification of employment to work in the U.S.

Benefits:

• Competitive Salary

• Medical, Dental and Vision Benefits

• Retirement and Savings Benefits

• Flexible Spending and Health Savings Accounts

• Life Insurance

• Short-Term and Long-Term Disability

• Educational Assistance

• Paid Time Off (PTO)

• Employee Assistance and Wellness Programs

• Parenting Benefits

• Employee Discount Programs

• Pet insurance

• Ryan Foundation - charitable matching funds

• Paid Time for Volunteer Events

Disclaimer: Eligibility may vary based on factors such as role, hours worked, employment status, length of service, location, and other considerations. Detailed information will be shared with eligible candidates during the hiring process, and the official terms and conditions will be outlined in each individual offer document.

Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Notice to Candidates:

Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain @ryancompanies.com email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at humanresources@ryancompanies.com

Non-Solicitation Notice to Recruitment Agencies:

Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.