Head of Revenue Management -Asset Management
Amherst is revolutionizing the way U.S. real estate is priced, managed and financed in order to unlock opportunities for all market participants. Driven by data, analytics, and technology, Amherst has a 20-year history of anticipating where the next risks and opportunities are likely to emerge and designing actionable strategies for investors to capitalize on opportunities across residential real estate, commercial real estate and public securities. Amherst, along with its affiliates and subsidiaries, has more than 900 employees, $5 billion under management and approximately $15 billion under advisement and oversight. www.amherst.com.
The Amherst Residential platform provides a comprehensive suite of services to facilitate the ownership of single-family rental properties, including property management services, asset-level financing, and asset management services. With a deep understanding of and proprietary analytics on the single-family home and mortgage markets, Amherst's platform combines a unique combination of national scale with local market knowledge and execution.
The Asset Management team is looking for a Head of Revenue Management who will report directly to the Head of Asset Management. This individual will be responsible for the full strategy and implementation of:
Credit standards and screening process
Open market asset pricing strategy
Renewal pricing
Seasonality decisions related to the pricing
Resident retention initiatives
Ownership and continued improvement of tenant lifetime value project
Implementing new initiatives to increase non-rental income
Job Responsibilities:
Reviews marketing performance by region to determine opportunities to drive rent growth or flag potential areas of concern
Develops a deep understanding of investor approval process and goals as pertains to revenue and occupancy
Uses public research to analyze individual markets and monitors institutional competitor performance
Performs portfolio-wide financial analyses focusing on revenue management and ad hoc analyses supporting management and investor requests
Desired Skills and Experience:
Communication! Strong ability to interact professionally with other departments through written/verbal communication
Self-motivated - Strong ability to deal with ambiguity and proactively manage management’s expectations
Ability to understand how strategic decisions and operational actions affect financial results
Excellent attention to detail
15 years+ experience
Experience leading Revenue Management, preferably within large Single or Multi-Family Residential organizations
Bachelor's Degree required
Our full-time employee benefits include:
- A competitive compensation package, annual bonus, 401k match
- Flexible PTO including 7 paid holidays, 1 floating holiday, and 1 volunteer day
- Employer-paid benefits (medical, dental, vision, health savings account)
- Professional career development and reimbursement
- Up to 16 weeks paid maternity leave; up to 4 weeks of paid parental leave
- Backup childcare offered through Bright Horizons
- Relaxed casual environment with virtual office events
Amherst is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply.