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Walker & Dunlop · 2 days ago

Asset Manager

Bethesda, MD

Full-time

Hybrid

Mid Level

$75K/yr - $85K/yr

3+ years exp

Walker & Dunlop is one of the largest providers of capital to the commercial real estate industry, committed to creating meaningful change in communities. The Asset Manager is responsible for maximizing asset values and limiting risk liabilities while overseeing a portfolio of assets, conducting financial reviews, and ensuring compliance with reporting requirements.

Commercial Real EstateConsultingFinanceFinancial ServicesReal Estate Investment

Growth Opportunities

Responsibilities

Oversee financial and operational performance of assigned portfolio, primarily workforce housing

Analyze monthly property performance reports, budgets, and key financial indicators; track variances and identify risks

Develop and monitor capital expenditure plans and oversee implementation

Conduct regular site visits and evaluate third-party inspection reports to ensure property quality and compliance

Manage relationships with property management firms, investor partners, and other key stakeholders

Ensure compliance with regulatory requirements, including tax credit (Section 42) and loan documentation standards

Support strategy for distressed assets, refinancings, acquisitions, and dispositions

Prepare capital requests, reserve withdrawals, and investor reporting

Monitor market trends to guide investment decisions and portfolio strategy

Other job duties or special projects as needed or assigned

Qualification

Multifamily real estate managementFinancial analysisAdvanced financial modelingPortfolio analysisRegulatory complianceCommunication skillsInterpersonal skillsProblem-solving skillsOrganizational skills

Required

Bachelor's degree in business administration, finance, economics, accounting, or equivalent experience

3+ years' experience in multifamily real estate asset management

Financial management and analysis of a portfolio of properties are key for the position

Strong written, verbal, and presentation communication skills; effective in negotiation and relationship management

Excellent interpersonal and organizational skills, with the ability to thrive in a fast-paced environment

Proven analytical and creative problem-solving skills; adept at interpreting financial statements and applying accounting principles and statistical analysis

Advanced financial modeling and investment analysis skills, including underwriting, sensitivity analysis, yield maintenance, IRR/XIRR, NPV, NOI, cap rate, DSCR, and cash flow sharing

Ability to manage multiple priorities and deadlines with a positive, proactive attitude

Experience monitoring equity installments and adjustments and evaluating investment performance metrics

Ability to travel up to 25% for regular site visits

Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes

Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders