Manager, Asset Management (Core Services)

Tricon Residential
United States, California, Tustin
Jan 04, 2025
Tricon Residential is anownerand operatorofa growing portfolioof morethan 38,000 single-family rental homes in the U.S.Sun Beltand multi-familyapartmentsin Canada.Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy.We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams.Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential. For more information, visitTricon Residential. Job Description The Manager in the Asset Management department works collaboratively with many constituents inside and outside the organization to identify and execute on strategies to optimize a growing single-family rental home portfolio. This individual's primary responsibilities will include analyzing operating metrics, assisting with growing ancillary revenue and services offerings, reviewing financial information, making hold/sell decisions, executing dispositions, monitoring market fundamentals, assisting in various analyses (e.g., property taxes, appeals, and insurance claims, etc.). There are many new and exciting challenges arising daily, which means this team member will work closely with groups in a cross-functional manner, including: asset management team, investments, operations, marketing, IT, finance, development, and accounting teams. Essential Duties and Responsibilities: Implement strategies to maximize the return of the single-family portfolio Review and prepare analyses to improve portfolio performance compared to budget, same store, or market indices Assist in the ongoing development of key performance metrics, dashboards, and other reports for management Monitor market trends, supply/demand fundamentals and operating costs Lead initiatives in a collaborative manner with other departments within the organization Liaise with third party vendors on new ancillary revenue initiatives and organize findings Make hold/sell recommendations, including monitoring the pipeline of properties for sale/disposition Regularly prepare and distribute reports on progress of key initiatives Coordinate internal and external management efforts to optimize property tax appeals, ancillary revenue offerings, and property dispositions Assist in research/analysis of new technologies, programs, and initiatives across the portfolio Work closely with the revenue management department on a regular basis on pricing, renewals, and other revenue initiatives May require approximately 10% travel to markets Qualifications: 5+ years of commercial real estate, multi-family or single-family financial analysis or asset management experience BA/BS degree in finance, real estate, or related field with strong record of academic achievement Excellent communication skills both written and verbal Held leadership role(s) in a rapidly growing operation Comfortable creating financial analyses and PowerPoint presentations to support findings and recommendations Experience with typical real estate valuation and analysis metrics used to measure success and identify risks Advanced knowledge of MS Windows, Excel, and Word, Yardi experience a plus Must possess the ability to work well within a team environment Must be highly organized, able to prioritize multiple concurrent projects and be able to independently identify and solve key business problems Self-motivated, focused on continual development, high performance, and accountability Ability to work well in a fast paced, dynamic environment, and flexibility to adapt to changing priorities #LI-Hybrid At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive. Salary Range Placement within this compensation range will be determined by the candidate's knowledge, experience and skills. $105,330.00 - $175,550.00