Description
Flock is seeking a Senior Asset Management Associate to help run the engine behind its Fund. The successful candidate will hold third-party property managers to Flock's standards, serve as the primary point of contact for Separately Managed Account partners, and work closely with the Legal team on asset-level matters.
Responsibilities:
- Own PM Oversight: Directly manage third-party property management partners, ensuring they meet Flock's standards on leasing, maintenance, and resident experience.
- Drive Portfolio Returns: Regularly review property valuations, rental rates, make-ready scopes, and capex costs, and analyze portfolio performance to inform recommendations.
- Deliver the Numbers: Produce and analyze detailed financial reports for each market, comparing performance against budgets and market indices, and help draft strategic business plans.
- Lead Across Teams: Drive cross-departmental initiatives and represent Asset Management internally and externally.
- Manage SMA Relationships: Serve as the primary point of contact for third-party Separately Managed Accounts, building trust with institutional partners.
- Partner with Legal: Collaborate with the Legal team on asset-level legal matters, spotting risk early and providing proactive recommendations.
Requirements:
- 4-6 years of asset management experience, preferably with residential portfolios.
- Excel and BI fluency, with the ability to read data and tell the story behind it.
- Sound judgment on legal issues, knowing when to escalate.
- Ownership mentality, balancing speed of delivery with prioritization.
- Proactive mindset and ability to manage multiple deadlines without sacrificing attention to detail.
- Problem-solving skills, with the ability to think on feet and find creative solutions.
- High level of integrity and professionalism.
Location: Denver, CO (preferred), New York, NY, or San Francisco, CA Compensation: $110-150k annual salary, plus equity and benefits (medical/dental/vision insurance, 401k, and unlimited PTO).
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