Asset Management Associate

Ryan Companies US, Inc.; Chicago (IL); On-site; USD 120,000 - 150,100; Full time

Benefits offered by this job

Medical, dental and vision benefits

Retirement and savings benefits

Flexible spending and health savings accounts

Educational assistance

Paid time off (PTO)

Job summary

Ryan Companies US, Inc. is seeking an Asset Management Associate in Chicago to support the oversight of property portfolios. The role involves developing marketing strategies, managing financial models, and leading communications with partners.

Ideal candidates possess an undergraduate degree and 4-8 years of relevant experience, particularly in commercial real estate. This position offers a competitive salary and a robust benefits package.

Qualifications

• 4-8 years of experience as an analyst or senior analyst in commercial real-estate.
• Experience with forecasting and modeling commercial real-estate investments.
• Knowledge of financial and legal documents related to real estate.

Responsibilities

• Support the development of marketing, leasing, and sales strategies.
• Manage cash flow and property distributions with the accounting team.
• Lead the creation and modification of financial models in Excel.

Skills

Financial modeling

Property valuation

Analytical skills

Communication skills

Organizational skills

Education

Undergraduate degree

Job description

Job Description

Ryan Companies is hiring for an Asset Management Associate in our downtown Chicago office! This Associate is responsible for supporting the oversight of property portfolios to maximize financial returns and asset value. Expertise in financial modeling and property valuation is essential for managing the asset from completion to final disposition. The position encompasses supporting the Asset Management team in all activities, including the preparation of quarterly comprehensive asset reviews for each property and forming investment strategies for leasing, refinance and sale. It also includes providing guidance for future development projects to help in underwriting new projects and plays a critical role in bridging the analytical work of the analysts with the Director/VP asset managers.

Responsibilities

• Support the development and implementation of marketing, leasing, and sales strategies to maximize asset value.
• Manage the creation and modification of sophisticated financial models in Excel, ensuring accuracy and alignment with the project’s investment strategy.
• Lead the management of cash flow and property distributions in partnership with the accounting team to maximize investment returns.
• Develop and manage capital improvement plans, including cost‑benefit analysis.
• Provide leadership and direction to property managers and Senior Living operators; review and approve operating budgets; review monthly property reports and cash flow forecasts; follow up on variances.
• Partner with Ryan Capital Markets to analyze, negotiate and execute loan refinancings or restructurings.
• Partner with Ryan Portfolio Management to complete quarterly reforecasting of property investment returns and participate in quarterly reporting meetings with senior management.
• Lead reporting and communications to JV partners; assist with preparation of investment letters and memoranda.
• Manage due diligence coordination on sale assets; assist with research on competitive market and demographic trends; maintain knowledge of industry trends and performance of comparable properties.
• Provide guidance and mentorship to Capital Markets Analysts and Senior Analysts, reviewing their models and analysis.

Qualifications

• Undergraduate degree.
• 4‑8 years of experience as an analyst or senior analyst working for a commercial real‑estate development or investment firm; asset management experience in multifamily and/or senior living preferred but not required.
• Experience forecasting and modeling commercial real‑estate investments with strong knowledge of valuation concepts.
• Knowledge of organizational structures/documents (LLC Agreements, Partnership Agreements), property tax assessment process, partnership agreements and structures, management agreements, financing structures/loan documentation.

Preferred Attributes

• Proficient verbal, written and interpersonal communication skills.
• Ability to work independently and collaboratively in a matrix environment.
• Strong planning, organizing, prioritizing and time‑management skills to meet deadlines.
• Attention to detail, quality with a strong focus on customer service and good judgment.
• Ability to remain focused and perform under high pressure, deadline‑oriented environment.
• Commitment to company values: Safety, Integrity, Respect, Stewardship, Family, Excellence, and Fun.

Compensation

The annual base pay is $120,000 – $150,100. Salary may vary within this range based on location and candidate qualifications. Position may be eligible for additional compensation, including commission and/or incentive program.

Benefits

• Competitive salary.
• Medical, dental and vision benefits.
• Retirement and savings benefits.
• Flexible spending and health savings accounts.
• Life insurance.
• Short‑term and long‑term disability.
• Educational assistance.
• Paid time off (PTO).
• Employee assistance and wellness programs.
• Parenting benefits.
• Employee discount programs.
• Pet insurance.
• Ryan Foundation charitable matching funds.
• Paid time for volunteer events.

Eligibility

Position requires verification of employment to work in the U.S.

Equal Opportunity Employer

Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.