Vice President, Asset Management
Open the door to your dream job and join #TeamMainStreet. With more than 22,000 homes in 30 markets, Main Street Renewal is one of the largest providers of single-family rental homes across the country. We understand that our employees are the invaluable drivers of our success. That's why we hire the most talented, passionate individuals who enjoy contributing to a growing, winning team. Here, you'll be a part of a fast-growing company dedicated to providing a best in class leasing and customer service experience to our residents.
Our Asset Management team oversees all asset-level decisions including acquisition underwriting, capital expenditures, leasing, and asset dispositions for our Residential business and services & manages a portfolio of CRE loan investments for the private credit business. This team sits at the center of our investment management and operational field teams, serving as leaders and collaborators with every function throughout the organization managing the asset acquisition and improvement lifecycle, and working with our capital management, portfolio management, and operational field teams. The team seeks a highly motivated individual to drive the group’s strategic initiatives, monitor financial performance, and manage group operations. This Vice President will partner across both the Residential and CRE operations of the firm and within the group to ensure efficiency.
Implement and continuously drive business strategy and initiatives in close partnership with the Head of Asset Management; reporting into him
Collaborate with and work across each function in the asset management team to execute strategic goals across both the CRE and Residential subdivisions of Asset Management
Monitor investment performance at the borrower, investor, market, and asset level to identify variances from underwritten expectations and implement actions to improve performance
Ensure appropriate focus and coverage on key initiatives
Manage business planning, identify, and address coverage gaps/concerns
Conduct and prepare a quantitative and qualitative business analysis to deliver operational reporting (acquisition updates, capital expenditure, and leasing forecasts, and senior management updates)
Partner with Capital Management, Portfolio Management, Construction, and Leasing operational field teams to ensure proper controls are in place and group compliance with policies
Proactively identify performance variances and workflow challenges and implement corrective actions
Qualifications:
College degree required; MBA nice to have
10-12 years of experience with investment banking, private equity, or consulting with Bachelor’s or Master’s degree
Interested candidates need demonstrated abilities to:
Serve as a sounding board and thought partner to develop new strategies and collaborate across the organization to implement process improvements
Proactively identify and develop solutions to operational problems
Understand financial modeling (solid Excel and PPT skills)
Keen sense of curiosity about the industry, keeping up to date with industry happenings
Interpret and present analysis thoughtfully
Develop expertise across a broad spectrum of issues
Deliver results thoughtfully under tight deadlines, translating strategy into execution
Collaborate across organizations and manage stakeholders
Operate independently and demonstrate ownership
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
Main Street Renewal 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.