What are the responsibilities and job description for the Director of Portfolio & Asset Management position at Boly:Welch?
Job Number: 32250
Salary: $200K – $250K DOE bonus
Industry: Real Estate
Must Haves
Are you a proven leader who thrives at the intersection of strategy, analysis, and execution, where entrepreneurial ideas turn into real-world results? This Director of Portfolio & Asset Management role offers the opportunity to oversee and shape a diversified real estate portfolio while working closely with senior leadership to bring long-term visions to life.
As the Director of Portfolio & Asset Management, you’ll take full ownership of the company’s portfolio management, execution of strategy, and oversight of third-party assets and property managers across a mix of multifamily and specialty-unit assets. You’ll review and approve annual operating budgets and capital plans, revenue trends, and ensure asset-level strategies are executed effectively. You’ll also identify underperformance, diagnose root causes, and instill corrective action plans to protect and enhance value.
In this role, you’ll partner closely with ownership and senior leadership to define and execute portfolio strategy, including hold and refinance recommendations informed by market conditions and performance. This role involves translating complex financial and operational data into clear, decision-oriented reporting through KPI dashboards, variance analysis, and standardized reporting across assets. You’ll also support acquisitions and dispositions through underwriting reviews and post-close transition planning to ensure alignment with original investment assumptions.
Success in this role requires strong communication skills, a collaborative mindset, and an ability to listen closely and connect the dots across conversations. Cultural fit is critical – this is an environment that values humility, adaptability, and a willingness to wear multiple hats without ego. Believing that progress can be made when credit is shared will take you far! You’ll need to stay highly organized in a fast-moving environment, remain flexible when priorities shift, and avoid becoming emotionally attached to work that may change or stall as ideas evolve.
This is a fully on-site role in Salem, just a few minutes’ walk from the Riverfront City Park. After a six-to-twelve-month training period, you’ll have the opportunity to work a hybrid schedule.
Your New Organization
Our client is a long-established, privately held real estate development and investment firm with a value-driven culture and a strong focus on community impact. With a collaborative office environment, long-tenured leadership, and a philosophy rooted in shared success – embodied by the belief that “you can get a lot done when you don’t care who gets the credit” – this is a place where thoughtful work is valued and recognized. It’s an opportunity to work alongside experienced professionals and help turn an entrepreneurial, visionary approach into tangible, lasting results.
Benefits include medical, dental, and health insurance, and PTO.
Our goal is to pair talented people with amazing job opportunities. In submitting your application, you’ll be considered for this and other positions with Boly:Welch. Click the apply button to get started. Already a Boly:Welch candidate? Please connect directly with your recruiter to discuss this opportunity.
Interested in seeing more positions like this? Click here .
Please Note
Boly:Welch is a full-service recruiting and executive search agency representing a Boly:Welch partner in this search. As talent advisors, we will be the liaison between our partner and yourself during the recruitment process. You will directly join our partner client’s team if they select you as the successful candidate for this role.
We do not use AI to read resumes at Boly:Welch; every resume is reviewed by a member of our team to ensure we engage in an equitable and human hiring process. We look forward to seeing your application!
Local candidates are strongly encouraged to apply!
Click here to apply for this role. Please attach your resume as a PDF or Word doc.
#MID0622
Salary: $200K – $250K DOE bonus
Industry: Real Estate
Must Haves
- 10-15 years of experience in commercial real estate asset management, portfolio management, or related roles
- 8 years of experience overseeing third-party asset or property managers across multiple asset types
- Bachelor’s degree in Finance, Real Estate, Economics, or related field
- Advanced degree (MBA, MSRE/MRE, or similar) preferred
- Prior experience leading teams or building teams preferred
Are you a proven leader who thrives at the intersection of strategy, analysis, and execution, where entrepreneurial ideas turn into real-world results? This Director of Portfolio & Asset Management role offers the opportunity to oversee and shape a diversified real estate portfolio while working closely with senior leadership to bring long-term visions to life.
As the Director of Portfolio & Asset Management, you’ll take full ownership of the company’s portfolio management, execution of strategy, and oversight of third-party assets and property managers across a mix of multifamily and specialty-unit assets. You’ll review and approve annual operating budgets and capital plans, revenue trends, and ensure asset-level strategies are executed effectively. You’ll also identify underperformance, diagnose root causes, and instill corrective action plans to protect and enhance value.
In this role, you’ll partner closely with ownership and senior leadership to define and execute portfolio strategy, including hold and refinance recommendations informed by market conditions and performance. This role involves translating complex financial and operational data into clear, decision-oriented reporting through KPI dashboards, variance analysis, and standardized reporting across assets. You’ll also support acquisitions and dispositions through underwriting reviews and post-close transition planning to ensure alignment with original investment assumptions.
Success in this role requires strong communication skills, a collaborative mindset, and an ability to listen closely and connect the dots across conversations. Cultural fit is critical – this is an environment that values humility, adaptability, and a willingness to wear multiple hats without ego. Believing that progress can be made when credit is shared will take you far! You’ll need to stay highly organized in a fast-moving environment, remain flexible when priorities shift, and avoid becoming emotionally attached to work that may change or stall as ideas evolve.
This is a fully on-site role in Salem, just a few minutes’ walk from the Riverfront City Park. After a six-to-twelve-month training period, you’ll have the opportunity to work a hybrid schedule.
Your New Organization
Our client is a long-established, privately held real estate development and investment firm with a value-driven culture and a strong focus on community impact. With a collaborative office environment, long-tenured leadership, and a philosophy rooted in shared success – embodied by the belief that “you can get a lot done when you don’t care who gets the credit” – this is a place where thoughtful work is valued and recognized. It’s an opportunity to work alongside experienced professionals and help turn an entrepreneurial, visionary approach into tangible, lasting results.
Benefits include medical, dental, and health insurance, and PTO.
Our goal is to pair talented people with amazing job opportunities. In submitting your application, you’ll be considered for this and other positions with Boly:Welch. Click the apply button to get started. Already a Boly:Welch candidate? Please connect directly with your recruiter to discuss this opportunity.
Interested in seeing more positions like this? Click here .
Please Note
Boly:Welch is a full-service recruiting and executive search agency representing a Boly:Welch partner in this search. As talent advisors, we will be the liaison between our partner and yourself during the recruitment process. You will directly join our partner client’s team if they select you as the successful candidate for this role.
We do not use AI to read resumes at Boly:Welch; every resume is reviewed by a member of our team to ensure we engage in an equitable and human hiring process. We look forward to seeing your application!
Local candidates are strongly encouraged to apply!
Click here to apply for this role. Please attach your resume as a PDF or Word doc.
#MID0622
Salary : $200,000 - $250,000