VP Asset Management

Company: ExecuNet
Location: Hoffman Estates
Posted on: January 13, 2021

Job Description:

This role supports the company's objective of monetizing its real estate assets through directing all aspects of Asset Management, with a specific focus on optimizing process and driving value creation. Critical to the execution of asset monetization strategies, this position provides day to day oversight of process management, execution and accountability of the Asset Management team along with responsibility for developing and executing asset and portfolio strategies in conjunction with Portfolio Management. Overall focus is contributing to the company's highest and best use strategy to maximize value.This position's strategic agenda is to provide consistency and increase efficiency of the Asset Management Team and to develop and execute asset plans with the goal of maximizing value.Job Duties/Responsibilities:* Responsible for all aspects of the Asset Management function:* --- Leads team by directing all aspects of process and decision making to effectively manage the real estate assets with the objective of making value driving decisions and minimizing costs.* --- Responsible for team supervisory functions, including but not limited to, evaluating and coaching/developing team members, making employment decisions regarding hiring, promoting, demoting and terminating.* --- Analyze and review resource allocation to ensure optimal returns in business operations and asset strategy execution.* --- Evaluate each asset to determine highest and best use options and develop asset and sub-portfolio plans to maximize value.* --- Guide planning and execution of asset plans in conjunction with Portfolio Management and Transactions Teams.* --- Oversight of Facilities & Construction functions responsible for all building maintenance and capital improvement/construction activities.* Work in conjunction with in-house and thir-party resources to identify, confirm and pursue potential change in use and redevelopment opportunities.* Provide both support and direct involvement in structuring, negotiating and closing transactions as necessary, including direct deal making.* Drive multiple initiatives simultaneously and innovate new strategies to maximize the performance of the operating platform and value of the real estate portfolio.* Engages actively in understanding of the vertical P&L, the levers that impact the business, and the drivers of profitability and performance.* As a member of Senior Management Team, provides an active leadership role in the company.Required Experience and Skills:* Bachelor's Degree, Advanced Degree preferred* 10+ years in a role with significant supervisory, asset management and deal making experience.* Proven team leader able to develop team members and foster a collaborative and results oriented culture.* Experience leading projects and coordinating internal and external resources.* Command of real estate operations, analysis and valuation.* Strong Analytical skills.

Keywords: ExecuNet, Hoffman Estates , VP Asset Management, Executive , Hoffman Estates, Illinois