What are the responsibilities and job description for the Manager, Asset Management (Outpatient Medical) position at Welltower Inc.?
JOB SUMMARY
The Manager, Asset Management is responsible for developing, leading, and managing a team of analysts supporting 5 regional asset managers and key asset management initiatives across the portfolio. This role includes oversight of and participation in financial forecasting, reporting, leasing analysis, and valuations to support strategic decision-making to drive optimal portfolio performance. The Manager collaborates with VPs Asset Management to develop asset and portfolio strategies and provide financial analysis to support investment decisions.
At Welltower, GRIT defines us: passion, perseverance, and purpose driving our never-ending pursuit of improvement.
- Go-Getter: Relentlessly self-driven, we tackle challenges head-on, setting ambitious goals and achieving them.
- Rigor: Embracing high standards and challenging work, we strive for solutions that elevate our potential.
- Integrity: With an ownership mindset, we prioritize long-term wins and unwavering accountability.
- Teamwork: We champion collective efforts and shared vision to achieve our goals and exceed expectations.
KEY RESPONSIBILITIES
- Team Leadership & Mentorship: Lead, develop and mentor analysts, providing guidance regarding strategic thinking for lease analysis, financial analysis, and valuations to support asset management. Ensure efficient team operations and resource allocation. Develop training resources for analyst team.
- Transaction Management: Support and manage property transactions, including leasing, acquisitions, dispositions, and financing.
- Strategic Asset Management: Support development of annual business plans for JV portfolios and execute value creation or exit strategies.
- Financial Analysis & Modeling: Support and assist in the preparation of financial models and analyses (e.g., DCF, IRR, NPV), and maintain property-level and portfolio-level Argus models.
- Financial Forecasting & Reporting: Support the development, review, and analysis of annual property budgets and quarterly reforecasting, including assumptions on leasing, revenue, operating expenses, and capital expenditures.
- Market Research & Analysis: Support analysts to develop strategies for market research and competitive analysis to inform asset strategy.
- Reporting: Support the preparation, review and present financial reports, materials, and ad hoc analysis as requested by VP Asset Management and senior management, including quarterly and monthly reporting of property and portfolio performance for senior leadership, JV partners, and lenders.
- Loan Management: Support the analysts in preparing loan reports and coordinating advances from lenders when applicable.
- Ad-Hoc Projects: Direct analysts on various assignments and contribute to strategic asset management initiatives. Will provide support to VP – Asset Management on portfolio level projects.
- External & Internal Communications: Serve as a point of contact for partners, brokers, and tenants. Communicate asset strategies and decisions effectively to stakeholders. Collaborate across internal teams to ensure strategic alignment.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
TRAVEL
Occasional travel may be required for site visits, meetings, or transactions.
MINIMUM REQUIREMENTS
- Experience: At least 5 years of experience in real estate asset management or finance, with a focus on managing teams and complex portfolios.
- Education: Bachelor’s degree in Finance, Real Estate, Business Administration, or a related field. A Master’s degree (MBA) is preferred.
- Skills: Strong proficiency in financial modeling, market analysis, and real estate financial software (e.g., Argus, Excel).
ADDITIONAL ELIGIBILITY REQUIREMENTS
Possession of a valid driver’s license.
Applicants must be able to pass a pre-employment drug screen.
WHAT WE OFFER
- Competitive Base Salary Annual Bonus
- Generous Paid Time Off and Holidays
- Employer-matching 401(k) Program Profit Sharing Program
- Student Debt Program – we’ll contribute up to $10,000 towards your student loans!
- Tuition Assistance Program
- Employee Stock Purchase Program – purchase shares at a 15% discount
- Comprehensive and progressive Medical/Dental/Vision options
- And much more! https://welltower.com/newsroom/careers/
ABOUT WELLTOWER
Welltower, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com
Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet