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Requisition Number 14-0032
Post Date 7/21/2014
Title PROPERTY MANAGEMENT: 1st Vice President, Asset Management
City Los Angeles/New York
State CA
Description *Pls. Note: This position will be located in either New York or Los Angeles*

Position Summary:
Position has overall responsibility for asset management of stabilized assets in a given region, asset type and/or portfolio.

Job Responsibilities:
• Oversee management of assets to achieve maximum NOI for each property in assigned portfolio.
• Provide direction and oversight to Regional VP and other members of the Property Management team, coordinate with other internal departments on issues such as budgeting, expense monitoring, contract implementation, risk management and the like to enhance returns and mitigate risks.
• With minimal direction and feedback Property Management Principal, conduct due diligence, review, negotiate, and comment on all key documents and oversee day-to-day interaction/negotiation with CIM internal departments, attorneys and outside parties throughout the life-cycle of the asset by executing the approved business plan.
• Work with other CIM departments to ensure effective operations of each asset while complying with CIM’s operating procedures.
• Actively manage assets including preparing and/or reviewing asset management reports with teams to mitigate potential risks and enhance investment results
• Oversee the budgeting process and related reports for each asset.

Supervisory Responsibilities:
• Provide direction and guidance to the Regional VP and other team members on the overall strategy and direction of managing assets in assigned portfolio.
Requirements • Bachelor’s degree in business related field. MBA a plus
• Minimum of ten years’ public REIT experience
• Minimum of ten years’ experience in real estate asset management (commercial, residential, mixed use)
• Detailed understanding of real estate investing and asset management across multiple property types (commercial, multifamily, mixed-use, etc.)
• Demonstrated knowledge of Yardi or similar software
• Demonstrated level of proficiency in Microsoft Office with particular emphasis in Excel
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