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Job Snapshot
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Employee Type:
Full-Time -
Location:
St. Petersburg, FL -
Experience:
Not Specified -
Date Posted:
9/6/2024
Job Description
Job Summary:
In a role with significant autonomy, this position leverages specialized knowledge and skills gained through experience, training, or certification to manage a portfolio of multifamily assets. The primary goal is to optimize performance and meet benchmarks, including monitoring and overseeing property management operations. With a strategic focus on driving profitability and property operations, the role ensures the long-term sustainability of portfolio assets. When complex issues arise, this position devises and implements solutions. The ability to work independently on broad tasks is essential, requiring originality and accountability in decision making. This role also involves leading specific projects or workstreams of moderate scope and complexity, requiring the identification, research, and resolution of intricate problems.
Essential Duties and Responsibilities:
%26middot; Manages assigned investment properties, ensuring optimal performance and alignment with portfolio objectives, with a focus on profitability.
%26middot; Conducts site visits to assess the physical state and operational practices of properties.
%26middot; Gathers, analyzes, and produces reports and documents as required.
%26middot; Formulates and executes strategies to address delays in report delivery.
%26middot; Identifies partnerships for Watchlist designation and devises strategies to mitigate risks and resolve issues.
%26middot; Maintains relationships with stakeholders.
%26middot; Reviews and monitors quarterly operational reports using predefined metrics.
%26middot; Investigates market trends and industry shifts.
%26middot; Demonstrates market and investment acumen during interactions with partners and investors.
%26middot; Engages in independent problem-solving.
%26middot; Evaluates and underwrites proposed deal changes, providing analysis and recommendations to the investment committee and investors.
%26middot; Maintains up-to-date property activity records within the portfolio management system.
%26middot; Completes internal and external reports with precision and accuracy, ensuring timely delivery.
%26middot; Conducts research and crafts responses to investor inquiries.
%26middot; Participates in and leads team initiatives.
%26middot; Adapts to evolving organizational needs by undertaking additional duties and responsibilities as required.
Job Requirements
Knowledge, Skills, and Abilities:
Knowledge of:
%26middot The company%26rsquos operational framework, policies, mission, and strategic approaches, ensuring alignment with organizational objectives.
%26middot Concepts, principles, and practices in multi-family real estate operations, including property inspections, leasing, management, maintenance, and regulatory compliance.
%26middot Knowledge of real estate finance.
%26middot Execution of financial analyses and investment strategies.
%26middot Familiar with institutional investment strategies and partnership structures
%26middot Facilitating effective collaboration and financial growth.
%26middot Accounting principles, accurate financial reporting, and budget management.
Skilled in:
%26middot Multifamily revenue management
%26middot Analytical abilities paired with financial acumen, enabling data interpretation and fiscal strategy development.
%26middot Understanding and utilization of Asset Management organization and portfolio management systems.
%26middot Time-management skills, prioritizing, and orchestrating tasks.
%26middot Critical thinking skills to evaluate scenarios, devise solutions, and influence outcomes.
%26middot Organizational and communication skills in both written and verbal forms.
%26middot Navigating and interpreting legal documents, employing document management technology, and financial modeling techniques.
%26middot Questioning and active listening skills.
%26middot Implement a structured follow-up system to ensure resolution and timely completion of tasks.
%26middot Operate office equipment and master software applications to produce correspondence, reports, electronic communications, and spreadsheets.
Ability to:
%26middot Promote team unity.
%26middot Communicate intricate issues to a diverse audience.
%26middot Interpret and apply organizational policies while seeking opportunities to recommend and facilitate beneficial changes.
%26middot Organize, manage, and track detailed tasks and assignments amidst shifting priorities.
%26middot Demonstrate readiness to act and take initiative.
%26middot Navigate work independently with self-direction, while also engaging collaboratively within a team to achieve common goals.
%26middot Identify essential tasks, develop timelines, and execute strategies with efficiency and mindfulness.
%26middot Build and maintain working relationships at all organizational levels.
%26middot Project a positive and professional demeanor.
%26middot Articulate information clearly and persuasively through both formal and informal documentation.
%26middot Utilize analytical skills to identify relationships, draw logical conclusions, and interpret results.
Educational/Previous Experience Requirements:
%26middot Bachelor%26rsquos Degree (B.A.) in related field and a minimum of seven (7) years of relevant real estate experience including physical property site inspections and interpreting financial statements.
~or~
%26middot Any equivalent combination of experience, education, and/or training approved by Human Resources.
Working Conditions:
Hours: Normal business hours. Some additional hours may be required.
Travel Required: Up to 40%. Must have a valid drivers%26rsquo license and be eligible for coverage under the firm%26rsquos Vehicle Fleet Safety Policy to drive on company business.
Working Environment: Climate controlled office environment during normal business hours.
Licenses/Certifications:
Tax Credit Certification from a recognized agency, or ability to obtain in 6 months.
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
