Director, Asset Management - Chicago, United States - Home Partners of America

Description

Job Title: Director, Asset Management

Home Partners of America, a Blackstone portfolio company, provides paths to homeownership for people who might not otherwise have one, empowering thousands of households to choose quality single-family homes with transparent, locked-in pricing and the power to rent, buy, or walk away with no hidden fees and no strings attached. Today, we offer a range of leasing options to give more people a chance to live in great communities across the U.S., as well as complementary services to help our residents strengthen their credit and navigate the homebuying process.

At HPA, our mission is to "Enrich the lives of the people we serve, one home at a time. Helping more people get into great homes, in the neighborhoods they love, is inspirational, our business model is unique and innovative, and our resident-led approach is closely connected to our Values:

• Be a Good Neighbor

At our core, we are dedicated to making a lasting, positive impact on the world. It's a commitment to our mission, our residents, and each other. We treat others with respect and embrace sustainable and inclusive practices that benefit everyone we serve.

• Go the Extra Mile

For us, it's all about our residents. We give our work everything we've got and rigorously pursue excellence. We also champion a culture of continuous improvement to always help each other be better today than yesterday.

• Do the Right Thing

We lead each day with purpose and adhere to the highest ethical and professional standards. Integrity is our compass—we are committed to honesty, transparency, and accountability in everything we do.

We are tremendously proud of our programs and the positive impact we have on our residents and communities.

Your Role:
The Director, Asset Management's main objective is to represent ownership's financial and economic interests to optimize its assets' profitability. This is done in conjunction with meeting other objectives such as long term capital appreciation, sustainability, and positive reputation management. The Director, Asset Management will recommend changes in strategy, goals, and objectives to meet the goals of ownership; most often this means the optimization of the P&L to maximize current returns (income) to ownership.

Duties and Responsibilities:

• Leadership - Educates, coaches, and mentors Asset Management team members to ensure the best professional methods, practices, and standards are in place especially in the areas of reporting, analysis, and presentations to internal and external parties. Oversee and align team members to high standards of data integrity, quality control, and consistency.

• Research - Review, evaluate and share market analysis on the SFR rental industry in order to identify opportunities based on market trends and industry condition.

• Financials - Financial review of operating statements to evaluate performance, including budget variances, against goals and objectives.

• Performance Benchmarking - Create benchmarks as needed to monitor company objectives versus performance in financial and operating results, metrics and KPIs. Evaluate effectiveness of operating tactics and initiatives.

• Market Knowledge - Gain and present a comprehensive knowledge of rental markets, including direct competition. Review and assess the positioning of the company's rental home inventory relative to the market.

• Team Relationship Management - Engage with internal staff to address any issues or concerns identified by team members relating to asset management initiatives.

• Work Environment - Contribute to a professional, hardworking, task-oriented, "go-getter" work environment.

• Other tasks as assigned.

Candidate Requirements:

• Bachelor's degree in relevant field required (Real estate, Accounting, Finance, Statistics, etc.); an advanced degree is preferred

• 4-5 years' experience in single- or multi-family real estate preferred

• Proficient in Microsoft Office Suite, and an advanced user of Excel

• Possess a strong passion for continual improvement in financial and operating performance

• Excellent verbal and written communication skills

• Strong analytical and research skills

• Proven customer service skills both internal and external

• Able to thrive in a fast-paced, high-volume work environment

• Ability to successfully lead and adapt to changes in process

• Strong organizational and time-management skills

• Ability to multitask and prioritize workload to meet service level agreements

• Ability to work a flexible schedule including evenings and weekends as needed

• Ability to work both autonomously and collaboratively with a team

A Little More About Us

At Home Partners, we celebrate diversity, foster collaboration, ignite creativity, and value the significance of our work. We seek exceptional individuals who take pride in making a positive impact and share our passion to be a good neighbor, go the extra mile and do the right thing. For more information, please visit

Perks/Benefits

We offer premier healthcare at affordable rates and access to 401K. Here are some amazing benefits you may not find anywhere else

• Mental wellness resources through Headspace & Ginger, pet insurance, adoption assistance program, compassion leave and eldercare/special needs
• 33 paid days off to start (which includes PTO, holidays, and personal days)
• Hybrid working environment

EEOC Statement

Home Partners of America and Pathlight Property Management are Equal Opportunity Employers and prohibits discrimination and harassment of any kind. All employment decisions including the decision to hire, promote, discipline or discharge are based on business needs, job requirements and individual qualifications without regard to race, color, religion or belief, sex (including pregnancy, gender identity or sexual orientation), national origin, age, disability status, genetic information, veteran or any other status protected by the laws or regulations in the locations in which we operate.