Asset Manager in Los Angeles, California at MJW Investments

Asset Manager – Conventional Multifamily

Position Overview

Our organization is seeking a strategic and results-oriented Asset Manager to oversee the financial and operational performance of a conventional multifamily portfolio. This position partners with executive leadership and cross-functional teams to drive asset performance, execute business plans, and maximize investment returns. The successful candidate will lead strategic initiatives, evaluate financial performance, influence operational decision-making, and provide executive-level reporting while serving as a trusted advisor across the organization.

Key Responsibilities

• Lead asset management for a portfolio of conventional multifamily communities managed both in-house and by third-party operators.

• Own property financial performance, including NOI, occupancy, revenue growth, operating expenses, cash flow, and investment returns.

• Lead weekly operational reviews with Regional Managers and Property Managers to identify risks, opportunities, and action plans.

• Review monthly financial statements, identify trends and variances, and recommend strategies to improve performance.

• Develop annual operating budgets, forecasts, business plans, and capital improvement strategies.

• Prepare executive dashboards, investor reports, and portfolio presentations.

• Evaluate pricing, renewals, concessions, leasing velocity, delinquency, and expense management.

• Perform hold/sell analyses, refinancing evaluations, acquisition integration, and disposition support.

• Partner with Accounting, Operations, Acquisitions, and executive leadership on strategic initiatives.

• Build and improve portfolio analytics, KPI reporting, and financial models.

Qualifications

• 3+ years of multifamily asset management experience.

• Strong financial modeling and advanced Excel skills; Argus experience preferred.

• Experience with budgeting, forecasting, capital planning, and investor reporting.

• Demonstrated ability to influence operations and improve asset performance.

• Excellent executive communication and presentation skills.

• Bachelor’s degree in finance, real estate, accounting, business, or related field.

What Success Looks Like

• Drives measurable improvements in NOI, occupancy, and revenue.

• Provides timely, accurate executive reporting and recommendations.

• Builds strong partnerships with operations while maintaining financial discipline.

• Demonstrates ownership, initiative, and an entrepreneurial mindset.

Location & Compensation

• In-office - West Los Angeles (90025) / Work from Home: Fridays

• Competitive base salary plus discretionary performance bonus

• Comprehensive benefits

• Opportunity to invest alongside the firm's acquisitions.