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Asset Management Associate
$69k-93k (estimate)
Full Time 8 Months Ago
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AvalonBay Communities is Hiring an Asset Management Associate Near Arlington, VA

Overview

AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we’ve established a leadership position rooted in our purpose of creating a better way to live and that is always focused on building value for the long term.

Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well. By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates. Your positive, professional, and consistent personal interactions make AvalonBay a great place to work.

The Role

The Asset Management Associate will support the national Asset Management platform by analyzing the composition and performance of the portfolio across multiple characteristics and KPIs. Duties will include researching, creating, maintaining and auditing portfolio characteristics, iterating various scenarios of portfolio composition and providing results, and maintaining all past, present and future asset data and KPI records. Other duties will include assisting in establishing data definitions and processes for aggregating portfolio records and ensuring all essential data points are established for new assets as they become part of the portfolio. This role will also complete analytical tasks required by regional asset management teams required to assess portfolio operating performance.

  • Supports the Asset Management group by managing AvalonBay’s portfolio real estate data to ensure its accuracy for all portfolio analytics through validation of source data and maintenance of records
  • Analyzes changes in portfolio composition to provide insight into the resulting changes to portfolio characteristics. Presents insights verbally and in writing.
  • Assists in maintaining portfolio investment plan, keeping records of the past, current and future portfolio and KPIs. Responds to requests for information about portfolio composition and characteristics.
  • Participates in team efforts to improve access to standardized real estate portfolio data.
  • Regularly audits portfolio real estate data to ensure accuracy. Maintains records of data definition and guidelines.
  • Aggregates portfolio real estate data and prepares for use by the organization. Assists in preparing presentation materials.
  • Coordinates updates of the portfolio investment plan. Prepares materials for business plans and presentations.
  • Assists in the development of AVB policies and procedures with regard to real estate asset data.

You Have...

Education:

  • Bachelor’s degree in a relevant field required

Experience:

  • 1-3 years experience of financial or operations analysis experience required

Knowledge, Skills and Abilities:

  • Creates and delivers group presentations on function-related subject matter and writes reports in a clear, concise form.
  • Performs mathematical skills including forecasting, quantitative and financial modeling, and rate of return analysis. Strong Excel experience required.
  • Reads and writes English as demonstrated by clear and concise written and verbal communications.

How AvalonBay Supports You

We know that our teams are the beating heart of our success and we’re committed to showing our appreciation.

We offer:

  • Comprehensive benefits — health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits for information.
  • Growth based on achievement and promotion from within.
  • Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization – including destination awards, ‘AvalonBay’s Very Best’ recognition program and others!).
  • A 20% discount on our incredible apartment homes.
  • A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.

Additional Info

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.

AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.

AvalonBay will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.

For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice

Job Summary

JOB TYPE

Full Time

SALARY

$69k-93k (estimate)

POST DATE

08/25/2023

EXPIRATION DATE

04/03/2024

WEBSITE

avaloncommunities.com

HEADQUARTERS

ARLINGTON, VA

SIZE

3,000 - 7,500

FOUNDED

1995

CEO

TIMOTHY J NAUGHTON

REVENUE

$1B - $3B

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