Your New Company
We are partnered with a multi-billion-dollar Commercial RE Private Equity and Private Credit Investment Management Firm headquartered in NYC. This firm is strategically placed to capitalize on the void in the CRE capital markets caused by the current macro-economic environment, focusing on institutional borrowers and institutional assets, across top tier markets.
The firm in question, invests across the entire capital stack (Senior Financings, Whole Loan Financings, Junior / Mezz, Pref Equity, LP Equity, GP Equity) --- across all asset classes. They are looking for an individual to head their Asset Management division internally.
Your New Role
As the head of Asset Management this individual will oversee a diverse portfolio of commercial real estate assets. The ideal candidate will run the asset management function for our private credit portfolio, overseeing strategy, performance, and risk management of investments to maximize returns and minimize risks.
This role requires a seasoned professional who can navigate the complexities of private credit markets, lead a team effectively, and drive portfolio performance while managing risk. The Head of Asset Management will play a crucial role in the company's success by optimizing asset performance.
Key Responsibilities
- Portfolio Management: Manage and oversee the performance of a diverse portfolio of commercial real estate assets, loans and private credit investments, ensuring alignment with investment strategies. The successful individual will oversee the entire asset management process from acquisition to disposition.
- Financial Analysis: Conduct detailed financial analysis, including cash flow projections, performance benchmarking, and variance analysis to assess asset performance. Review and interpret complex financial models and reports.
- Strategic Planning: Develop and implement asset-level business plans, including leasing strategies, capital improvements, and disposition strategies that align with company goals.
- Market Research: Monitor market trends and economic conditions to identify opportunities and risks impacting portfolio assets. Stay informed about industry trends and best practices in private credit asset management.
- Reporting: Prepare and present regular performance reports and updates to senior management and stakeholders, highlighting key metrics and strategic initiatives. Oversee the preparation of accurate and timely reports for investors and regulatory bodies.
- Collaboration: Work closely with the deal team, CFO, and CEO to drive overall portfolio performance and ensure successful execution of business plans. Build and maintain relationships with key stakeholders, including borrowers and co-investors.
- Due Diligence: Participate in the due diligence process for new acquisitions, assessing potential risks and opportunities. Develop and implement risk management strategies.
- Compliance: Ensure compliance with all relevant regulations, policies, and best practices related to asset management.
What you'll need to succeed
In order to be successful, you will have 7+ years' experience in asset management, commercial real estate, or private equity. Along with having strong financial acumen with proficiency in financial modeling and analysis. Strong analytical and decision-making skills, with the ability to navigate complex financial scenarios. Strong communication and interpersonal skills, with the ability to build relationships with stakeholders.
The successful individual will have proficiency with Microsoft Excel, Word, PowerPoint, Argus, and other real estate analysis tools. Knowledge of commercial real estate markets and trends and the ability to work independently and collaboratively.
What You'll Get In Return
This firm offers a very competitive compensation and benefits package including annual performance bonuses, medical, dental, vision insurance, along with a managed 401K that includes an employer match and a generous PTO package from day one. You can also enjoy a hybrid schedule working the majority from a home office.
What You Need To Do Now
If you're interested in this role, forward an up-to-date copy of your resume today and someone from our team will reach out! Or call ArtemusPoint on 646 598-4006. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your next move.