Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

Job Summary

The Vice President, Assistant Portfolio Manager plays a critical leadership role across RXR’s existing and new real estate private equity and debt funds. The VP assists in overseeing fund-level financial performance, portfolio strategy and optimization initiatives, and ensuring the delivery of best-in-class forecasting, analytics, and investor reporting. The role requires real estate fund expertise, the ability to architect and review complex financial models, and the judgment to provide strategic recommendations to senior management. The VP partners closely with acquisitions, asset management, capital markets, and accounting while acting as a key point of accountability for fund performance, liquidity management, capital structure decisions, and investor-facing outputs.

Fund Management & Forecasting

Lead the design, architecture, and oversight of sophisticated fund-level and investor-level financial models, ensuring accuracy, scalability, and strategic utility.
Direct the forecasting of fund performance, including scenario modeling, sensitivity analyses, covenants, liquidity optimization, and capital deployment pacing.
Oversee fund cash management processes and ensure compliance with fund-level and asset-level covenants.
Oversee annual budgets, quarterly forecasts, and periodic portfolio reviews, ensuring sound financial assumptions and well-supported conclusions.
Drive portfolio-level analytics, including hold/sell analyses, refinancing/recap scenarios, return attribution, benchmarking, and market-level performance insights.
Demonstrate familiarity with fund partnership agreements, joint venture structures, waterfall mechanics, and waterfall modeling.

Investor Reporting & Communications

Architect, review, and refine high-impact presentations for senior leadership and investors.
Synthesize complex financial and operational data into clear insights for executive decision-making.
Oversee the preparation of quarterly and annual investor reports through coordinated cross‑functional inputs, ensuring high‑quality, consistent, and investor‑ready deliverables.
Manage and quality-control the responses to investor due diligence requests, ensuring accuracy, consistency, and strategic clarity.
Ensure that all investor-facing outputs convey a cohesive and accurate view of fund performance, strategy, and positioning.

Systems, Data Quality, and Process Leadership

Lead fund-level data governance, ensuring accuracy, consistency, and reliability across reporting systems and analytics tools.
Champion process improvement and automation initiatives to enhance reporting efficiency and data integrity.
Maintain oversight of historical performance datasets and ensure they remain complete, clean, and reconciled.

Qualifications

Top Competencies

Expert Excel Modeling: Architect new fund models, evaluate and refine existing models, and mentor team members.
Expert PowerPoint Communication: Develop compelling presentations for complex financial topics and mentor junior staff.
Real Estate Fund Expertise: Deep understanding of real estate fund structures, transactions, asset types, and capital markets.
Analytical Leadership: Solve complex analytical problems and provide sound recommendations.
Cross-Functional Influence: Collaborate and influence without direct managerial authority.

Experience & Education

Minimum 7 years of experience in real estate private equity, investment banking, fund management, or related field.
Bachelor’s degree in finance, real estate, economics, accounting, or related field.
Demonstrated mastery of financial modeling (testing required).
Strong written and verbal communication skills.
Highly detail-oriented, organized, proactive, and able to manage competing priorities.

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant experience).

Bonus eligible.

Pay Range

$190,000—$200,000 USD

RXR is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law.

RXR is committed to the full inclusion of all qualified individuals. As part of this commitment, RXR will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact 516-506-6847.

Pay Range 190000 - 200000 USD

About the company

RXR focuses on owning, developing, and managing real estate across residential, commercial, and mixed-use properties in multiple regions. It uses its Innovation Digital Lab to build new technology and form partnerships that enhance how people live, work, and spend time in urban spaces. Revenue comes from rental income, property sales, and investments in property-related ventures. RXR differentiates itself by prioritizing social responsibility, accessibility, and community impact, along with a broad, diverse portfolio and active civic engagement. The company’s goal is to create vibrant, inclusive urban environments while delivering steady value for investors.

Company Size

201-500

Company Stage

Private

Total Funding

$969M

Headquarters

New York City, New York

Founded

1987

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Simplify's Take

What believers are saying

Populous expanded to 16,658 square feet at Starrett-Lehigh in April 2026.
RXR secured $475 million for 61 Broadway, including Apollo debt and JPMorgan tax equity.
RXR broke ground on Denver’s AVE Station House and started more residential repositionings.

What critics are saying

Helmsley Building hit foreclosure in December 2024; vacancy reached 44 percent by July 2025.
Worldwide Plaza defaulted on $940 million senior debt; Cravath left and WNET exits next.
175 Park Avenue needs $4.8 billion federal loans; no award means financing failure.

What makes RXR unique

Scott Rechler’s RXR pairs development, capital solutions, leasing, and construction in-house.
RXR controls marquee New York assets like Starrett-Lehigh, 175 Park Avenue, and 61 Broadway.
RXR keeps winning partner capital from Apollo, SL Green, Silverstein, and TF Cornerstone.

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Benefits

Flexible Work Hours
Professional Development Budget

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RXR

Vice President - Assistant Portfolio Manager

About the job