What are the responsibilities and job description for the Senior Associate, Multifamily Pricing position at Ares Operations LLC?
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
Position Summary
We are seeking a highly skilled and detail-oriented Senior Associate, Multifamily Pricing, to join our dynamic team. This role is pivotal in supporting our asset management team by acting as the primary liaison between pricing advisors and property management teams. The ideal candidate will have a strong background in data analysis, real estate operations, and strategic initiatives, with a focus on multifamily properties.
Essential Duties
- Serve as the eyes and ears for asset managers during weekly pricing calls, ensuring that strategies are effectively communicated and executed.
- Extract, report, and analyze data to track movement in key statistics, providing actionable insights to the asset management team.
- Demonstrate a high aptitude for handling data and general operational tasks, ensuring smooth and efficient processes.
- Act as a consultant rather than performing actual pricing, advising on strategies and best practices based on data-driven insights.
- Work closely with pricing advisors, property management teams, and other stakeholders to align on pricing strategies and execution plans.
Required Knowledge, Skills & Abilities
- Minimum of 5 years of experience in analyst positions, strategic initiative teams, asset management, or related fields within real estate.
- Bachelor’s degree in Real Estate, Finance, Business Administration, or a related field.
- Exceptional data analysis and reporting skills, with a strong proficiency in Excel. Experience with Yardi and RealPage is required; Argus skills are advantageous.
- Excellent verbal and written communication skills, with the ability to effectively convey complex information to various stakeholders.
- Ability to think critically and provide strategic insights based on data analysis.
- Strong attention to detail and accuracy in reporting and data management.
- Collaborative approach with the ability to work effectively in a team environment.
Reporting Relationships
Managing Director, Real Estate Equity - Asset ManagementCompensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
Salary : $130,000 - $160,000
