Vice President of Asset Management - Sunroad Asset Management, Inc.
1 day ago
San Diego
Job DescriptionBefore applying to this job opening, please review the Company's Applicant Privacy Policy located at: This Applicant Privacy Policy governs the Company's collection, use, and sharing of personal information you provide during the application process. Vice President of Asset Management – Sunroad Asset Management, Inc. Exempt Job Summary: The Vice President of Asset Management is responsible for leading the strategic oversight, financial performance, and operational efficiency of a portfolio of assets. This executive role involves optimizing asset value, driving investment strategies, and ensuring profitability while managing risk. The VP collaborates with key stakeholders, including investors, property managers, and finance teams, to align asset management objectives with broader business goals. Essential Functions: • Develop and execute asset management strategies to maximize portfolio value and returns., • Oversee the performance of real estate, infrastructure, or investment assets, ensuring operational efficiency., • Identify opportunities for revenue enhancement, cost optimization, and risk mitigation., • Lead capital investment strategies, renovations, repositioning, and disposition plans., • Monitor financial performance metrics, including NOI, ROI, IRR, and cash flow projections., • Prepare and review financial models, valuations, and asset-level business plans., • Oversee annual budgets, financial forecasting, and performance benchmarking., • Collaborate with finance and accounting teams to ensure accurate reporting and compliance., • Serve as the primary point of contact for investors, lenders, and key stakeholders., • Present asset performance updates, financial reports, and strategic recommendations., • Develop and maintain strong relationships with institutional investors, property managers, and joint-venture partners., • Oversee leasing strategies to optimize occupancy rates and rental income., • Collaborate with leasing teams to negotiate lease terms and renewals., • Ensure high tenant satisfaction and retention through proactive engagement and property improvements., • Monitor market trends, economic conditions, and regulatory changes that impact asset performance., • Ensure compliance with legal, financial, and environmental regulations., • Develop risk mitigation strategies for property liabilities, financial exposure, and market volatility., • Lead and mentor asset management teams, fostering a high-performance culture., • Provide guidance and training to analysts, managers, and other team members., • Align cross-functional teams to achieve portfolio objectives., • Maintain satisfactory attendance., • Hire and trains department staff., • Oversee the daily workflow and schedules of employees., • Conduct performance evaluations that are timely and constructive. Minimum Qualifications: • Bachelor’s degree in Finance, Real Estate, Business Administration, or a related field., • 10+ years of experience in asset management, real estate investment, or portfolio management., • Strong financial acumen with expertise in valuation, investment analysis, and capital planning., • Proven track record of managing and optimizing diverse asset portfolios., • Proficiency in financial modeling, lease negotiations, and risk assessment., • Experience with property management software (e.g., Yardi, MRI, Argus)., • Excellent leadership, negotiation, and stakeholder management skills., • Ability to lift up to 15 pounds., • Master’s degree (MBA)., • CFA, CPA, or CCIM certification., • Experience in REITs, private equity, or institutional asset management., • Frequently stands, walks, sits; uses hands; frequently reaches with hands and arms; frequently talks and hears., • Occasionally climbs or balances; occasionally stoops, kneels, crouches, squats or crawls; occasionally lifts up to 15 pounds., • Office setting., • Climate controlled., • Noise level is quiet to moderate. Employee Benefits Include: • Medical, Dental, & Vision Insurance, • Employer Paid Life Insurance, • Employer Paid AD&D, • 401k (with Employer match), • Generous Vacation Package, • Inter-Company Transfers and Promotion Opportunities, • Tenure recognition and awards, • Vehicle Purchase Discount Program, • Vehicle Service Discount Program, • Golf Benefits at Maderas Golf Club (subject to qualification) If you receive an offer of employment, it will be a conditional offer contingent on the successful completion of a pre-employment drug screen and background check. Sunroad is committed to providing reasonable accommodations to qualified individuals with disabilities to ensure equal employment opportunities and access to all programs, services, and activities. If you require accommodations to participate in the application process or to perform the essential functions of the job, please contact the HR Department to discuss your needs confidentially. We will work with you to identify appropriate accommodations based on your specific circumstances and in compliance with applicable laws. We are an Equal Opportunity Employer (M/F/D/V) and maintain a drug-free workplace. If you receive an offer of employment, it will be a conditional offer contingent on the successful completion of a pre-employment drug screen and background check. Sunroad is an Equal Employment opportunity and Affirmative Action Employer. We are committed to providing equal opportunity in all of our employment practices, including selection, race (including traits historically associated with race such as hair texture and protective hairstyles such as braids, locks, and twists); religion; religious creed; religious dress/grooming; color; age (40 and over); sex; sexual orientation; gender; gender identity (meaning a person’s identification as male, female, a gender different from the person’s sex at birth, or transgender); gender expression (including a person’s gender-related appearance or behavior, whether or not stereotypically associated with the person’s sex at birth); national origin; ancestry; citizenship status; uniform service member status; military or veteran status; marital status; pregnancy; childbirth; medical conditions related to pregnancy, childbirth, or breast feeding; medical condition (including cancer related or HIV/AIDS related); handicap; physical disability; mental disability; genetic characteristics; genetic information; or any other protected status in accordance with the requirements of all federal, state and local laws. Our Equal Employment Opportunity Policy applies equally to interns and volunteers. Company DescriptionFounded in 1977, Sunroad Enterprises is a diversified holding company based in San Diego. Sunroad consists of three distinct divisions: Automotive, Real Estate and Maderas Golf. With successful ventures across multiple countries, we bring a strategic focus to seeing developments come to life. Sunroad Enterprises is one of the largest minority-owned businesses in San Diego and has earned numerous quality commendations from local, regional, and national organizations. Please visit our website to learn more about our endeavors and career opportunities: in 1977, Sunroad Enterprises is a diversified holding company based in San Diego. Sunroad consists of three distinct divisions: Automotive, Real Estate and Maderas Golf. With successful ventures across multiple countries, we bring a strategic focus to seeing developments come to life. Sunroad Enterprises is one of the largest minority-owned businesses in San Diego and has earned numerous quality commendations from local, regional, and national organizations. Please visit our website to learn more about our endeavors and career opportunities: