Asset Management Associate

MSB Resources, LLC; New York (NY); On-site; USD 90,000 - 140,000; Full time

Job summary

MSB Resources, LLC in New York, NY is seeking an Associate, Residential Asset Management to join its multifamily portfolio team. You will partner with leadership, Property Management, and Accounting to inform decisions and improve processes, while overseeing two junior analysts.

The role focuses on financial planning, reporting, and capital planning, with direct visibility into portfolio performance and strategic initiatives. Strong analytical and communication skills are essential.

Qualifications

• Bachelor's degree from a four-year college or university required (Finance, Real Estate, Accounting, Economics, or a related field preferred).
• Must currently be working in an asset management function - not suited for candidates from property management or operations.
• 3+ years of experience in real estate asset management; multifamily experience preferred.
• Ideal candidates are senior analysts with 3+ years in asset management or current Associates.

Responsibilities

• Assist in detailed annual budgets, monthly/quarterly property and portfolio reporting, financial forecasts, capital plans, and variance analyses.
• Develop and maintain customized financial and operational reports supporting corporate initiatives.
• Review analyst reports for accuracy and clear communication of trends, risks, and opportunities.
• Monitor leasing, pricing, occupancy, operating expenses, and capex across the portfolio.
• Research economic and industry trends; benchmark against competitors; provide actionable insights.
• Track capital projects and renovations; ensure alignment with scope and milestones.
• Mentor and guide junior analysts; support system enhancements and process improvements.

Skills

Advanced Excel

Yardi experience

Financial analysis

Budgeting

P&L knowledge

Stakeholder communication

Education

Bachelor's degree in Finance/Real Estate/Accounting

Tools

Yardi

MS Excel

Job description

Associate, Residential Asset Management

Multifamily Asset Management Associate | New York, NY

A leading shared services property management company is seeking an experienced Associate, Residential Asset Management to join its team in New York. This organization oversees an a multifamily portfolio, delivering best-in-class management and administrative support to a select client roster.

This is an excellent opportunity for a real estate professional already working in asset management to step into a role with direct visibility into portfolio performance, strategic decision-making, and senior leadership.

Why You Should Apply

• Join a well-established, multi-state multifamily platform with a strong reputation for integrity and operational excellence.
• Play a direct role in shaping portfolio strategy through financial analysis, reporting, and capital planning.
• Partner closely with leadership, Property Management, and Accounting teams on high-impact initiatives.
• Take on oversight responsibility, helping guide the work of junior analysts as your career progresses.

About the Role

The Associate will serve as a trusted partner to leadership, Property Management, and Accounting, contributing meaningfully to decision-making and process improvement across the portfolio. This role helps oversee the work of two analysts, providing guidance and quality control rather than direct day-to-day management.

Key Responsibilities

Financial Planning & Reporting

• Support the preparation of detailed annual budgets, monthly/quarterly property and portfolio reporting, financial forecasts, capital plans, and variance analyses.
• Develop and maintain customized financial and operational reports supporting corporate initiatives, including revenue optimization, cost management, and utility consumption tracking.
• Review analyst reports for accuracy, ensuring reports clearly communicate key trends, risks, and opportunities.

Portfolio & Market Analysis

• Monitor leasing, pricing, occupancy, operating expenses, and capital expenditures across the portfolio.
• Research economic, demographic, and industry trends; benchmark against competitors; and deliver actionable insights that inform portfolio decisions.

Capital Projects & Asset Oversight

• Track capital projects and renovations, ensuring alignment with approved scope, timing, and return expectations.
• Deliver clear, concise asset reporting to the Asset Manager on key operating metrics, financial performance, and project milestones.

Team Support & Process Improvement

• Mentor and provide guidance to junior analysts.
• Support system enhancements, process improvements, and special projects as needed.

Qualifications

• Bachelor's degree from a four-year college or university required (Finance, Real Estate, Accounting, Economics, or a related field preferred).
• Must currently be working in an asset management function - this role is not suited for candidates coming from property management or operations.
• 3+ years of experience in real estate asset management; multifamily experience strongly preferred.
• Ideal candidates are either a senior analyst with 3+ years of asset management experience ready to step up, or a current Associate.
• Solid understanding of property-level financial statements, including P&L analysis, budgeting, and financial reporting.
• Advanced Excel proficiency, including building and maintaining budgets and financial models, with command of complex formulas and the ability to translate analysis into clear strategy.
• Experience with Yardi or similar property management/accounting systems preferred.
• Strong business acumen, analytical mindset, and ability to balance detail with big-picture thinking.
• Excellent communication skills, with the ability to influence, present, and partner effectively with stakeholders at every level.
• Ability to manage multiple priorities in a fast-paced environment while maintaining accuracy and attention to detail.
• High level of accountability for deliverables, paired with a collaborative, team-oriented approach.

The Ideal Candidate

You're already working in asset management and know your numbers inside and out — P&Ls, budgets, and financial reporting are second nature to you. You're ready to bring that expertise to a fast-paced, multi-state portfolio, hit the ground running with minimal ramp-up, and help guide junior analysts as you continue to grow in your career.