Vice President of Asset Management

Vice President of Asset ManagementCompany: Rose Valley CapitalLocation: Brooklyn, NY (hybrid). Approximately 25% travel to properties across the U.S (candidate must live in the New York City area)Reports to: Chief Executive OfficerDirect reports: 2 Asset ManagersEmployment type: Full-time, exemptAbout Rose Valley CapitalRose Valley Capital is a vertically integrated real estate investment and management platform that acquires, repositions, and operates conventional multifamily rental properties across the United States. Our portfolio spans approximately 13,000 residential units across 12 states. Our team combines disciplined underwriting and capital markets expertise with hands-on asset and property management, giving us direct control over performance at every property in our portfolio. As we continue to grow nationally, we are building a lean, high-caliber team to drive value across our assets.About the RoleRose Valley Capital is looking for a Vice President of Asset Management to lead the financial and strategic performance of our nationwide portfolio of conventional multifamily rental assets. Reporting directly to the CEO, you will set the business plan for each asset, hold property management and operations teams accountable to it, and work with ownership, capital markets, and lenders to maximize NOI and long-term value. You will lead a small, high-performing asset management team and have the opportunity to grow it as the portfolio expands. This is a senior leadership role with real influence over acquisitions, dispositions, capital planning, and portfolio strategy.Key ResponsibilitiesPortfolio strategy and performanceDevelop and execute asset-level business plans, including hold/sell analysis, repositioning, and value-add strategiesOwn annual budgets, reforecasts, and long-range projections, and drive NOI and cash flow to targetMonitor KPIs (occupancy, rent growth, delinquency, turnover, expense ratios) and act on variances across marketsProperty operations oversightPartner with regional and property managers to align on leasing strategy, pricing, and expense controlReview monthly operating and variance reports and lead quarterly asset reviewsOversee third-party vendors and service contracts for cost and qualityCapital planning and executionUnderwrite and manage capital projects, renovations, and unit upgrades, tracking scope, budget, timeline, and returnsCoordinate with Capital Markets on refinancings, debt compliance, and lender reportingSupport acquisitions and dispositions through due diligence, underwriting, and transition

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Reporting and stakeholder managementPrepare investor, ownership, and lender reporting, including performance summaries and market analysisEnsure compliance with loan covenants and partnership agreementsLeadershipLead, mentor, and develop a team of two Asset Managers, setting priorities, reviewing their underwriting and reporting, and building their capacity to take on more of the portfolioPresent portfolio performance, risks, and recommendations directly to the CEO and ownershipServe as a key voice in acquisition, disposition, and capital allocation decisionsBuild strong working relationships with property management, accounting, HR, and construction teamsQualifications10+ years of real estate asset management experience, with at least 5 in a senior or supervisory roleMultifamily property sector experience is required; commercial property experience preferred. xzbcwsv Conventional multifamily experience required; experience across multiple U.S. markets strongly preferredBachelor's degree in Finance, Real Estate, Business, or a related field (MBA or CFA a plus)Advanced financial modeling and underwriting skills (Excel/ARGUS); comfort with property management platforms such as Yardi or RealPageWorking knowledge of debt structures, loan covenants, and partnership/JV reportingAbility to evaluate market dynamics, rent trends, and expense drivers across different regionsStrong analytical, communication, and presentation skills, with the ability to influence across operations, finance, and ownershipAbility to travel to properties nationwide approximately 25% of the time
What We Offer
Competitive Salaries & BonusesMedical, Dental & Vision Plans401(k) Plan with Employer Matching ContributionsPaid Time Off (PTO) & 12+ Paid HolidaysFlexible Spending AccountsCompany-Paid Life InsuranceShort-Term DisabilityLong-Term DisabilityHealth Savings Account with Employer ContributionsPre-Tax Commuter BenefitWellness PerksLegal ResourcesEmployee Apartment DiscountEmployee Referral ProgramEmployee Assistance ProgramEmployee Recognition & Awards
Compensation and BenefitsBase salary range: $220,000 – $275,000, plus a target annual bonus of 20% of base salary.