Director of Asset Management

The Opportunity: Strategic Asset Partner

SimonCRE is seeking a strategic, financially minded Director of Asset Management to act as a true partner in the lifecycle of our assets. This is not a static operational role; it is a dynamic position for an “Asset Champion” who understands that every property has a distinct mission—whether it is a long‑term hold for growth or a strategic position for a profitable exit.

You will bridge the gap between operations, finance, leasing, and development. You must possess the financial acumen to speak the language of our Accounting, Capital Markets, and Development teams, paired with the emotional intelligence (EQ) to advocate for and lead a high‑performing Property Management team.

Core Pillars of the Role

Financial Stewardship, Lifecycle Strategy & Reporting

• Budget Ownership & Cost Governance: Own annual operating budgets for the portfolio from creation through execution. Actively monitor monthly performance, investigate variances, and implement corrective actions to ensure assets perform within approved parameters while protecting Net Operating Income (NOI).
• Forecasting & Projections: Partner with Finance to deliver rolling forecasts, forward‑looking expense projections, and capital planning inputs that support partner reporting, refinancing, and disposition decisions.
• Capital Planning & ROI Evaluation: Evaluate, prioritize, and oversee capital expenditures instrukalink ROI mindset. Ensure capital investments align with asset strategy (hold vs. sale) and are executed on time, on budget, and with measurable value creation.
• Partner & Investor Reporting Support: Provide clear, defensible operational narratives and data to support quarterly partner reports, lender requests, audits, and transaction diligence.
• Tailored Asset Approaches: You will drive distinct operational strategies based on the investment lifecycle of each property:
  • Long‑Term Holds: Act as a custodian of value. Obsess over superior maintenance and forward‑thinking capital projects that enhance appeal and maximize customer traffic. Ensure these assets are immaculate and high‑performing.
  • Assets for Sale: Shift to a lean, highly efficient operational model. Aggressively control costs to maximize Net Operating Income (NOI) and secure the highest possible return for our partners at closing.

Operational Excellence, Vendor Strategy & Radical Transparency

• Vendor Strategy & Negotiation: Develop and maintain a high‑performance vendor network. Help the team with RFPs, negotiate contracts, enforce SLAs, and continuously benchmark pricing to ensure best‑in‑class service at market‑competitive costs.
• Performance Metrics: Establish and track KPIs across operating expenses, service levels, tenant satisfaction, and response times. Use data and visual verification to drive accountability and continuous improvement.
• Visual Verification: Champion “Radical Transparency” by utilizing technology (such as CompanyCAM) to deliver instant, visual proof of work. Ensure partners remain fully informed and tenants remain satisfied.
• Cross‑Functional Collaboration: Serve as the linchpin between Property Management and key internal stakeholders:
  • Development Team: Collaborate closely to ensure smooth transitions from construction to management and provide operational feedback during the development phase to avoid future pitfalls.
  • Leasing Team: Partner on vacancies and renewals to ensure operational readiness, provide accurate operating expense estimates for underwriting, and support tenant retention strategies.
  • Capital Markets & Accounting: Translate operational realities into financial strategy, ensuring the asset’s physical performance aligns with its financial goals.
• Risk & Compliance: Maintain corporate insurance policies (general liability, property, umbrella) and ensure all properties meet compliance standards.

Leadership, EQ, & Team Advocacy

• High‑EQ Leadership: Lead, develop, and mentor the team with empathy and clarity. You must be an effective leader who balances high expectations with genuine support.
• Champion the Team: Serve as a fierce advocate for the Property Management department, ensuring they have the resources, skills, and support needed to execute both “lean” and “growth” strategies effectively.
• Culture Carrier: Model a positive, “can‑do” attitude, fostering an environment where accountability, teamwork, and adaptability are paramount.

The ideal candidate should have a positive, can‑do attitude and…

• Be First. Be Fast. Persist. Plain and simple: we’re responsive, quick to action, and we tirelessly fight through everyday challenges.
• Do More. Be More. We believe that if we’re not exceeding expectations, we’re not doing enough. On every level, we do more because that’s how we’re wired.
• Be Direct. Show Respect. We’re straight shooters when it comes to our clients and team. Honesty and respect go a long way in the world of business. And life.
• Be Flexible. Embrace Change. Every day is a new day with new challenges. We know that’s just how the world works. So, we’re always prepared to adapt in order to succeed.
• Be Inspired. Be Proud. We’re motivated to do work that inspires us. We have pride and passion in everything we do.
• Say It. Own it. Accountability is key here at SimonCRE. So, we say what we mean and do what we say.
• Dream Up. Team Up. We dream big and work together to make things happen. Around here, we KNOW teamwork makes the dream work.
• Be Helpful. Build Trust. When people think of us, we want them to think of a company that is nothing but helpful.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• General office environment.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job Wij are rights