What are the responsibilities and job description for the Director of Asset Management position at Westport Properties, Inc.?
Job Title: Director of Asset Management
Reports To: Chief Marketing Officer
Direct Reports: Yes
Department: Operations
Location: Newport Beach, CA
FLSA Status: Exempt/Salary
Position Status: Full-Time
Work Schedule: Monday - Friday 8:00 am - 5:00 pm (subject to change based on project assignments/deadlines)
Travel: Up to 25% of the time; includes out-of-state travel
Job Summary
The Director of Asset Management is responsible for the success of our investor relationships and Asset Management team in achieving the objectives of the Asset Management department. In this role, you’ll oversee investor relationships, investor communications, and help foster new growth opportunities within those relationships. You will also be directly responsible for the professional development, mentorship, and performance management of the Manager-level subordinate, ensuring they grow in leadership capability and technical skill to support the team’s long-term success. The ideal candidate will have strong skills in team development and leadership, project management, and account management. In addition, the candidate will have deep knowledge and experience in self-storage operations, revenue management, marketing, accounting, and CapEx projects. This position also requires a strong understanding of various technologies related to analytics, data science, e-commerce, AI, database development, and cross-application integration.
Essential Duties & Responsibilities
Education / Experience
Founded in 1985, Westport Properties (“WPI”) is an owner-operator of self storage, multifamily and industrial properties across the United States. The Company is a fully integrated operator that develops, acquires and manages its portfolio as well as providing third-party management services. As of January 2025, WPI has over 17 million square feet of self storage space under management and its total assets under management is over $3 billion with its US Storage Centers brand as well as over 650 multifamily units while employing over 600 people nationwide. WPI is a founding partner of the 501(c)3 Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)3 that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $15M and Charity Storage has raised over $1.2M.
At-Will Employment & Equal Opportunity Employer
Westport Properties, Inc. is a parent company of US Storage Centers (USSC) which provides at-will, equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, marital status, disability or genetics. Furthermore, Westport Properties, Inc. expressly prohibits any form of workplace harassment and discrimination based on age, disability, color, genetics, marital status, national origin, race, religion, sex, sexual orientation, or veteran status in compliance with federal, state and applicable local laws governing employment and labor law in every location in which the company conducts business. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Disclaimer
All Employees must pass a post-offer, pre-hire background screening which includes a multi-state criminal check and DMV Records in accordance with federal protected FCRA/FACTA Requirements for Investigative Consumer Reports, CA ICRA and other state mandated requirements for employment purposes. Furthermore, this job description is subject to change at any time. Nothing in this job description is meant to guarantee employment status and/or position. This job description neither restricts nor prevents management’s right to assign and/or reassign duties and responsibilities to this job at any time of the essential functions. It does not proscribe or restrict the tasks that may be subsequently assigned.
Reports To: Chief Marketing Officer
Direct Reports: Yes
Department: Operations
Location: Newport Beach, CA
FLSA Status: Exempt/Salary
Position Status: Full-Time
Work Schedule: Monday - Friday 8:00 am - 5:00 pm (subject to change based on project assignments/deadlines)
Travel: Up to 25% of the time; includes out-of-state travel
Job Summary
The Director of Asset Management is responsible for the success of our investor relationships and Asset Management team in achieving the objectives of the Asset Management department. In this role, you’ll oversee investor relationships, investor communications, and help foster new growth opportunities within those relationships. You will also be directly responsible for the professional development, mentorship, and performance management of the Manager-level subordinate, ensuring they grow in leadership capability and technical skill to support the team’s long-term success. The ideal candidate will have strong skills in team development and leadership, project management, and account management. In addition, the candidate will have deep knowledge and experience in self-storage operations, revenue management, marketing, accounting, and CapEx projects. This position also requires a strong understanding of various technologies related to analytics, data science, e-commerce, AI, database development, and cross-application integration.
Essential Duties & Responsibilities
- Lead the in-house Asset Management team to provide exceptional investor experience through meaningful relationships, insights, and results.
- Develop and continuously iterate a platform through technology, processes and people in order to provide best-in-class investor service and experience.
- Regularly meet in person with key investors
- Regularly meet with department heads to ensure clear lines of communications and that all departments are aligned in their goals, expectations, and timelines as it relates to providing a best-in-class investor experience.
- Work closely with the budgeting team to plan and manage property and portfolio budgets.
- Responsible for the regular reporting of results and updates to investors
- Develop and implement a multimedia quarterly update and reporting of general market trends and events and present WPI’s opinions, updates, and forecasts.
- Work with the CEO, COO, CFO, CMO and other senior level management within the organization.
Education / Experience
- High School Diploma is required
- Preferred Bachelor’s degree in Business or similar equivalent combination of education and experience
- 10 years of senior client relationship or customer service experience within a business-to-business environment
- Extensive management experience in a customer service environment, developing and leading teams
- Background in investment real estate (Self-storage experience a plus)[JL1]
- Excellent verbal and written communication skills
- Good organizational skills
- Ability to work within a team and to foster teamwork
- Ability to manage and motivate a team of individuals
- Proactive, self-starter, goal oriented and ability to work independently
- Proficient in Microsoft Office products
- Ability to work flexible hours depending on various departmental project deadlines and/or Company events and sponsored programs (including a few late evenings and weekend events per year)
- General office and telephone skills are required
- Generous Paid Time Off offered – earn 3 weeks per year at the start of your hire date
- 10 Paid Holidays per year
- $7,800 contributed annually toward Health Benefits: Medical, Dental, Vision
- Paid On-going Professional Development & Training
- Company Paid Life Insurance Coverage – up to $50,000 per employee (Basic Life & AD&D)
- Basic Life & AD&D - 3x Annual Base Salary for Supervisory Level and Above
- 401(k) Plan with employer match
- Rewards & Recognition (Manager’s Quarterly & Yearly Outstanding Achievement Awards, Core Values Award, Years of Service & Wall of Fame)
- Company Sponsored Events throughout the Year (Holiday Parties & Gifts, Company Picnic, Team building, etc.)
- Huge Potential for Career Mentorship, Growth and Advancement
- Great Office Hours
- Clean, Air Conditioned, Friendly Working Environment
- Recognition of Hard Work and Exemplary Performance through numerous compensation practices
- Discretionary bonus based on several factors
Founded in 1985, Westport Properties (“WPI”) is an owner-operator of self storage, multifamily and industrial properties across the United States. The Company is a fully integrated operator that develops, acquires and manages its portfolio as well as providing third-party management services. As of January 2025, WPI has over 17 million square feet of self storage space under management and its total assets under management is over $3 billion with its US Storage Centers brand as well as over 650 multifamily units while employing over 600 people nationwide. WPI is a founding partner of the 501(c)3 Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)3 that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $15M and Charity Storage has raised over $1.2M.
At-Will Employment & Equal Opportunity Employer
Westport Properties, Inc. is a parent company of US Storage Centers (USSC) which provides at-will, equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, marital status, disability or genetics. Furthermore, Westport Properties, Inc. expressly prohibits any form of workplace harassment and discrimination based on age, disability, color, genetics, marital status, national origin, race, religion, sex, sexual orientation, or veteran status in compliance with federal, state and applicable local laws governing employment and labor law in every location in which the company conducts business. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Disclaimer
All Employees must pass a post-offer, pre-hire background screening which includes a multi-state criminal check and DMV Records in accordance with federal protected FCRA/FACTA Requirements for Investigative Consumer Reports, CA ICRA and other state mandated requirements for employment purposes. Furthermore, this job description is subject to change at any time. Nothing in this job description is meant to guarantee employment status and/or position. This job description neither restricts nor prevents management’s right to assign and/or reassign duties and responsibilities to this job at any time of the essential functions. It does not proscribe or restrict the tasks that may be subsequently assigned.
Salary : $7,800