Director, Community Asset Management

Job Summary

The Director of Community Asset Management will report to the Senior Director or VP, Community Asset Management and work closely with the members of the IMG senior management team and business stakeholders within the company to develop and execute the asset management strategy for all rental communities and 3PM/JV properties under management.

Essential Job Duties and Responsibilities

• Work with the business unit leader to provide strategic management of Rental Communities and scattered site 3PM/JV properties
• Work with stakeholders to identify and develop strategic lease-up activities for newly delivered communities
• Measure and drive community performance and KPI's to present to senior management and/or external clients
• Actively engage in acquisition/underwriting efforts and due diligence in collaboration with other groups within IMG. Key tasks include approving proforma rents and underwritten cash flows
• Develop annual business plans for Communities
• Active oversight to achieve outperformance by communicating effectively with the operations, revenue management, marketing, investments, accounting and tax groups
• Develop market and competitive analysis
• Maintain effective market knowledge on acquisitions and dispositions for rental communities to assist in intelligence gathering
• Create a collaborative work environment with internal counterparts and external clients to serve the company's best interests
• Identify all critical business initiatives outside of normal department day-to-day activities and help drive implementation and stabilization of same
• Recommend and drive process improvement opportunities within the department across critical business initiatives
• Participate in oversight of third-party vendor contracts and budgeting related to communities
• Assist senior management team with developing and implementing new growth initiatives
• Monitor monthly department financial reports against budget and summarize any material variances to CIO and/or external clients
• Collaborate with internal business units to build out community level and 3PM/JV reporting in systems like Tableau, Yardi, and Salesforce that mirror internal reporting and can be provided on demand to both internal and external stakeholders
• Stay abreast of changes in relevant laws and regulations affecting leasing and property management, and when changes are implemented for Invitation Homes, provide updates and details on necessary policy and procedure adjustments to ownership
• Act as main point of contact for local market teams for community and 3PM/JV related matters
• Provide direct management and oversight of 1-2 individuals

Education and/or Experience

• B.A. or B.S. required
• 5-7+ years of experience in residential asset management. Single-family rental and/or community asset management experience a plus
• Experience overseeing a team of 2 or more direct reports
• Experience overseeing a portfolio of 5,000+ rental assets across multiple markets

Required Licenses or Certifications

• None

Skills/Specialized Knowledge

• Excellent communication (oral and written) skills
• Sound judgment and swift decision-making skills, including the proven ability to prioritize and multi-task in a fast-paced environment
• Strong attention to detail and accuracy
• Strong work ethic and proven ability to work successfully as a member of a high-functioning team
• Aptitude with computers, internet search applications, MS Office
• Competency in key property management and reporting systems including Salesforce, Tableau, Yardi
• Ability to work independently with general supervision
• Ability to effectively communicate with a diverse workforce

Other Requirements

• Must maintain professional appearance.
• Ability to be at work on a regular and consistent basis; Overtime may be required for this position.

Physical and Mental Demands

This position will involve long hours sitting and using office equipment and computers. The position may also entail light lifting of supplies and materials occasionally, up to and including 20 pounds in addition to reaching, stooping, standing, and walking. This position requires the ability to talk, hear, compare, compute, compile, copy, analyze, coordinate, synthesize, negotiate and communicate. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions.

Work Environment

Standard office working environment that may be busy and noisy at times.

Salary Range

The salary range for this position is: $98,775.00 - $171,210.00, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.

Compensation and Benefits

To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:

• Annual bonus program

• Health, dental, vision, and life insurance

• Long-term and short-term disability insurance

• Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays

• 401(k) with company matching contributions

• Awesome work environment with casual dress

• Team events and gatherings (Pre- and Post-Covid)

Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at humanresources@invitationhomes.com.

To all recruitment agencies: Invitation Homes does not accept agency resumes. Please do not forward resumes to Invitation Homes employees. Invitation Homes is not responsible for any fees related to unsolicited resumes.

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