Full-Time

Director – Asset Management

Confirmed live in the last 24 hours

Tricon Residential

Tricon Residential

501-1,000 employees

Consulting
Real Estate

Compensation Overview

$157.4k - $292.4kAnnually

Senior

Orange, CA, USA

Category
Real Estate
Real Estate Property Management
Required Skills
Financial analysis
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • 8+ years in commercial real estate, multifamily/single-family financial analysis, or asset management
  • MBA, CFA, or relevant designation in real estate with strong academic performance
  • Proven leadership in task delegation and team management
  • Expertise in real estate accounting, financial analysis, and valuation metrics
  • Strong project management, prioritization, and deadline management skills
  • Collaborative team player, fostering a high-performance environment
  • Skilled in financial modeling, presentations, and advanced MS Excel/Word; Yardi experience preferred
  • Excellent communication, engaging effectively with senior management
  • Highly organized, problem-solver, with a focus on continuous development and adaptability
Responsibilities
  • Lead a team to manage new and existing value-add programs (e.g. telecom initiatives, smart home, renters’ insurance, etc.) and other resident benefit initiatives, including goal setting and performance management
  • Identify new revenue opportunities with strategic partners and develop recommendations with third-party vendors
  • Negotiate contracts with third-party providers and optimize terms
  • Partner with operations, legal, marketing, and IT to roll out initiatives, provide training, and facilitate cross-functional optimization
  • Support insurance management for property, flood, and renter's claims, including negotiation
  • Conduct cost/benefit analyses and present strategic recommendations to leadership
  • Prepare performance reports, develop metrics, and evaluate monthly performance against budgets and underwriting
  • Collaborate with Asset Managers to enhance portfolio returns and analyze property fundamentals
  • Contribute to annual budgeting, forecasting, and cash flow model evaluations

Company Stage

Acquired

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Blackstone at a premium price suggests confidence in Tricon's value and potential for growth.
  • Tricon's successful sustainability initiatives and new KPIs indicate a strong commitment to environmental and social governance, which can attract socially conscious investors and employees.
  • Significant investments from firms like Aew Capital Management and Land & Buildings Investment Management demonstrate strong market confidence in Tricon's business model.

What critics are saying

  • The acquisition by Blackstone could lead to strategic shifts that may not align with current employee or stakeholder expectations.
  • Concerns about exacerbating the housing affordability crisis could lead to reputational risks and potential regulatory scrutiny.

What makes Tricon Residential unique

  • Tricon Residential's focus on single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada sets it apart from competitors who may not specialize in these regions.
  • The company's commitment to sustainability, as evidenced by its annual sustainability report, highlights its dedication to responsible business practices and resident experience.
  • Tricon's tech-enabled operating platform and dedicated on-the-ground teams provide exceptional resident services, distinguishing it from other real estate firms.

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