Interested and qualified candidates, please submit your resume:

Sierra Olney | Sierra@kelleraugusta.com | 617.247.0505

Lindsey Stokes | Lindsey@kelleraugusta.com | 617.247.0505

Category:Asset Management 

Assistant Vice President, Portfolio Management

Boston, MA

JOB DESCRIPTION

The Assistant Vice President is responsible for assisting with the Portfolio Manager(s) in overseeing their respective portfolios on behalf of the client.

Essential Functions:
• Annual Portfolio Business Plan, which includes long-term and tactical strategies
• Investment selection for portfolio
• Investment management and disposition strategy
• Client relationship management and communication
• Cash management- capital calls/distributions
• Financing strategy for portfolio and properties
• Internal/Investor reporting and meetings
• Provide analytical support as requested by Portfolio Manager(s)
• Work with client directly and with client’s consultants, including tax (as necessary)
• Prepare Annual Property Business Plans, with oversight by Portfolio Manager
• Work with Portfolio Manager on impact of tactical changes to Property and Portfolio Business
• Monitor, oversee and report on Property Management’s execution of business plans
• Prepare monthly and quarterly performance reports for management and investors with approval by Portfolio Manager
• Visit markets and properties to validate business plan assumptions, monitor property operations, and identify opportunities and issues in order to improve operations
• Benchmark property performance against industry and peers
• Stay updated of relative market information for all markets related to the portfolio, and work closely with Research team to stay abreast of their viewpoint and recommended course of action
• Work with Portfolio Valuation & Analytics Group in quarterly property valuations
• 25% to 33% travel is required
• Performs other duties as assigned.

COMPANY OVERVIEW

Our client is a real estate investment management company know for its vertically-integrated platform and experience in the multifamily sector.

QUALIFICATIONS

  • Bachelor’s Degree in a related field. MBA, related Master’s degree or CFA is a plus
  • Excellent computer skills; proficiency with Microsoft Suite of products, including ability to perform excel modeling including cash flow modeling and various return calculations and analysis
  • Experience with Yardi, Argus and other asset management applications