Asset Manager

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{
  "detail": {
    "Id": "375610",
    "Title": "Asset Manager",
    "media": [],
    "skills": [],
    "JobType": null,
    "Category": "FC - Facilities, Construction & Real Estate",
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    "JobSchedule": "Full time",
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        "Region1": "Salt Lake",
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        "Building": null,
        "Latitude": "40.76824",
        "Longitude": "-111.89099",
        "LocationId": 300000102947564,
        "PostalCode": "84111",
        "TownOrCity": "Salt Lake City",
        "AddressLine1": "51 S Main St",
        "AddressLine2": "Ste 301",
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        "AddressLine4": null,
        "LocationName": "Macy's Building"
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    "ShortDescriptionStr": "The Asset Manager is responsible for the overall performance of a portfolio of residential assets with the purpose of creating asset value through execution of an investment strategy on a short, intermediate and long-term basis. \n\nThis position has responsibility for the execution of the investment strategy, re-evaluated annually.  Throughout the year, the Asset Manager is responsible for monitoring the performance of each asset to ensure annual goals and overall strategy are achieved and that the assets are properly operating and positioned in the market.  \n\nAsset Managers are experts in the property types in which they specialize and the markets in which they operate.  They are expected to build and maintain strong working relationships with municipalities, operating partners, and property managers as well as with key brokers, leasing agents and other contacts that operate in their markets. \n",
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        "Value": "Please note that this job posting may close at any time without prior notice. Find out more about the many benefits of Church Employment at https://careers.churchofjesuschrist.org.",
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    "ExternalDescriptionStr": "<p style=\"background-color: white; line-height: 115%; margin: 12pt 0in; text-align: justify; vertical-align: baseline;\"><span style=\"background-color: white; color: rgb(80, 88, 99); font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 115%;\">At Property Reserve, our people, values, and work come together to build something greater. Property Reserve is the real estate investment arm of the reserve funds for The Church of Jesus Christ of Latter-day Saints. In the spirit of time-tested self-reliance principles, Property Reserve creates sustainable cashflow for future needs.</span></span></p><p style=\"background-color: white; line-height: 115%; margin: 12pt 0in; text-align: justify; vertical-align: baseline;\"><span style=\"background-color: white; color: rgb(80, 88, 99); font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 115%;\">As caretakers of sacred funds, we invest in income-generating properties and land to support the Church’s mission. Our focus is on the acquisition, build-to-hold development, and portfolio level management of office, industrial, multi-family, build-to-rent, hospitality, and retail properties.</span></span></p><p style=\"background-color: white; line-height: 115%; margin: 12pt 0in; text-align: justify; vertical-align: baseline;\"><span style=\"background-color: white; color: rgb(80, 88, 99); font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 115%;\">Property Reserve provides a diverse range of investment experiences, interacting with a seasoned leadership team.&nbsp; Working in a highly collaborative environment, each Property Reserve team member has the chance to contribute meaningfully and frequently to the company culture.&nbsp; Headquartered in downtown Salt Lake City, we offer a locale with a unique blend of world-class outdoor recreation, a thriving culture &amp; arts scene, and diverse housing options with convenient commutes.</span></span></p><p><span style=\"font-family: Inter;\"><span style=\"font-size: 14pt; line-height: 107%;\"><strong>JOB FUNCTION:</strong></span></span></p><p style=\"text-align: justify;\"><span style=\"color: rgb(89, 89, 89); font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 107%;\">The</span></span><a name=\"_Hlk100832724\"><span style=\"color: rgb(89, 89, 89); font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 107%;\"> Asset Manager is responsible for the overall performance of a portfolio of residential assets with the purpose of creating asset value through execution of an investment strategy on a short, intermediate and long-term basis.&nbsp;</span></span></a></p><p style=\"text-align: justify;\"><span style=\"color: rgb(89, 89, 89); font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 107%;\">This position has responsibility for the execution of the investment strategy, re-evaluated annually.&nbsp;Throughout the year, the Asset Manager is responsible for monitoring the performance of each asset to ensure annual goals and overall strategy are achieved and that the assets are properly operating and positioned in the market.&nbsp;</span></span></p><p style=\"line-height: 115%; text-align: justify;\"><span style=\"color: rgb(89, 89, 89); font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 115%;\">Asset Managers are experts in the property types in which they specialize and the markets in which they operate.&nbsp; They are expected to build and maintain strong working relationships with municipalities, operating partners, and property managers as well as with key brokers, leasing agents and other contacts that operate in their markets.&nbsp;</span></span></p><p style=\"line-height: 115%; text-align: justify;\">PR/IP</p>",
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    "CorporateDescriptionStr": "<div>\n  Church employees find joy and satisfaction in using their unique talents and abilities to further the Lord’s work. From the IT professional who develops an app that sends the gospel message worldwide, to the facilities manager who maintains our buildings— giving Church members places to worship, teach, learn, and receive sacred ordinances—our employees seek innovative ways to share the gospel of Jesus Christ with the world. They are literally working in His kingdom. \n</div> \n<div>\n  Only members of the Church who are worthy of a temple recommend qualify for employment. Apart from this, the Church is an equal opportunity employer and does not discriminate in its employment decisions on any basis that would violate U.S. or local law. \n</div> \n<div>\n  Qualified applicants will be considered for employment without regard to race, national origin, color, gender, pregnancy, marital status, age, disability, genetic information, veteran status, or other legally protected categories that apply to the Church. The Church will make reasonable accommodations for qualified individuals with known disabilities. \n</div>",
    "ExternalPostedStartDate": "2026-06-17T13:28:24+00:00",
    "ExternalQualificationsStr": "<p style=\"background-color: white; line-height: 150%; margin-bottom: 6pt; text-align: justify; vertical-align: baseline;\"><span style=\"color: black; font-family: Inter;\"><span style=\"font-size: 14pt; line-height: 150%;\"><strong>POSITION REQUIREMENTS &amp; QUALIFICATIONS:</strong></span></span></p><ul style=\"list-style-type: square;\"><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Bachelor’s degree in economics, accounting, finance, or related field; MRED/MBA strongly preferred</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">5+ years experience as an Asset Manager of residential and/or hotel properties strongly preferred</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Fundamental understanding of real estate finance, economics, market analysis accounting principles</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Ability to select and manage the activities of internal resources and third-party service providers</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Ability to make effective decisions in response to changes in real estate markets</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Strong analytical skills and grasp of time-value-of-money concepts</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Sound understanding of relevant real estate accounting and legal documentation</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Excellent verbal and written communication skills, including negotiation and facilitation of group presentations</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Strong work ethic, an entrepreneurial spirit; passion for excellence and desire to learn.</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Ability to prioritize assignments to meet numerous deadlines</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Strong knowledge of principles and processes for providing customer and personal services, including assessment of customer needs, meeting quality standards for services, and evaluation of customer satisfaction</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Superb interpersonal skills, including the ability to quickly build rapport with both internal and external customers</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Innovation and problem-solving skills that include the ability to develop and propose solutions for clients</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: 150%;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 150%;\">Some travel required</span></span></li></ul>",
    "InternalQualificationsStr": "<p style=\"background-color: white; line-height: 150%; margin-bottom: 6pt; text-align: justify; vertical-align: baseline;\"><span style=\"color: black; font-family: Inter;\"><span style=\"font-size: 14pt; line-height: 150%;\"><strong>POSITION REQUIREMENTS &amp; QUALIFICATIONS:</strong></span></span></p><ul style=\"list-style-type: square;\"><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Bachelor’s degree in economics, accounting, finance, or related field; MRED/MBA strongly preferred</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">5+ years experience as an Asset Manager of residential and/or hotel properties strongly preferred</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Fundamental understanding of real estate finance, economics, market analysis accounting principles</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Ability to select and manage the activities of internal resources and third-party service providers</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Ability to make effective decisions in response to changes in real estate markets</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Strong analytical skills and grasp of time-value-of-money concepts</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Sound understanding of relevant real estate accounting and legal documentation</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Excellent verbal and written communication skills, including negotiation and facilitation of group presentations</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Strong work ethic, an entrepreneurial spirit; passion for excellence and desire to learn.</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Ability to prioritize assignments to meet numerous deadlines</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Strong knowledge of principles and processes for providing customer and personal services, including assessment of customer needs, meeting quality standards for services, and evaluation of customer satisfaction</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Superb interpersonal skills, including the ability to quickly build rapport with both internal and external customers</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: normal;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt;\">Innovation and problem-solving skills that include the ability to develop and propose solutions for clients</span></span></li><li style=\"color: rgb(89, 89, 89); line-height: 150%;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; line-height: 150%;\">Some travel required</span></span></li></ul>",
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    "ExternalResponsibilitiesStr": "<p style=\"line-height: 115%;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 14pt; line-height: 115%;\"><strong>PRIMARY DUTIES &amp; RESPONSIBILITIES:</strong></span></span></p><ul style=\"list-style-type: square;\"><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Develop annual asset business plans and operating/capital budgets to achieve investment strategies</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Justify economically and qualitatively the appropriateness of maintenance/capital expenditures</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Recommend higher utilization of assets and methods to increase overall return, including possible sales</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Prepare accurate financial valuations and market/accounting analyses to support business plans and budgets</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Ensure accurate monthly financial reporting and other accounting information on managed assets including payments made/received, and analyze variances with annual budgets</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Select, direct, and evaluate property managers, leasing agents and other third-party service providers to achieve goals established in the investment strategy</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Maintain a reliable asset-level information system as it relates to the central filing system, various contracts, management reports, analyses and other documents or materials pertaining to the asset</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Quickly resolve day-to-day management problems</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Prepare financial analyses and property valuations, including cash flow modeling, and prepare effective presentations for the executive team and potential clients</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Prior to any acquisitions of new or related party transfers, determine the effort and structure of property management necessary in coordination with related parties or others involved in the transaction</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Support in monitoring NOI performance, capital projects and various other responsibilities</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt;\">Be familiar with and follow approved policies and procedures as set forth by the organization</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Inter;\"><span style=\"font-size: 10pt; letter-spacing: 0.25pt; line-height: 150%;\">Conduct property site visits to monitor property performance, manage execution of property goals and objectives, determine capital needs and analyze market</span></span></p></li></ul>",
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    "ShortDescriptionStr": "The Asset Manager is responsible for the overall performance of a portfolio of residential assets with the purpose of creating asset value through execution of an investment strategy on a short, intermediate and long-term basis. \n\nThis position has responsibility for the execution of the investment strategy, re-evaluated annually.  Throughout the year, the Asset Manager is responsible for monitoring the performance of each asset to ensure annual goals and overall strategy are achieved and that the assets are properly operating and positioned in the market.  \n\nAsset Managers are experts in the property types in which they specialize and the markets in which they operate.  They are expected to build and maintain strong working relationships with municipalities, operating partners, and property managers as well as with key brokers, leasing agents and other contacts that operate in their markets. \n",
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