What are the responsibilities and job description for the ASSOCIATE ASSET MANAGEMENT position at Marcus & Associates Executive Recruiters?
Associate Asset Management
Position Overview : Our Client is seeking an experienced Associate to join their Asset Management team. In this role, you will play a critical part in managing the financial performance of a diverse portfolio, including core, value-add, and development strategies. The position involves close collaboration with internal teams across acquisitions, leasing, capital markets, legal, lease administration, construction, accounting, and property management, as well as regular interactions with external partners and consultants.
Key Responsibilities :
- Regularly update property financial models (Excel and Argus) to reflect leasing, financing, and other changes impacting the propertys business plan.
- Prepare and present financial reports and analysis to senior management and external stakeholders.
- Contribute to both short-term and long-term projects involving accounting, acquisitions, and capital markets.
- Serve as a liaison with partners, lenders, government agencies, and other external parties.
- Collaborate with internal departments on new leases and oversee landlord work in conjunction with the construction team, including :
- Analyzing financial impacts of deal terms on property-level returns to guide negotiations.
- Working with the construction team to review work letters and the budget for landlord-related work.
- Negotiating work letters with tenants and managing the budget and timeline for both landlord and tenant work.
- Assist in evaluating value-add, redevelopment, and development opportunities within the existing portfolio.
Qualifications :
