Senior Associate - Asset Management

AvalonBay Communities; Irvine (CA); On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

Health, dental, and vision benefits

401(k) with company match

Paid vacation and holidays

Tuition reimbursement

Employee stock purchase plan

20% discount on apartment homes

Tuition reimbursement

Employee stock purchase plan

Apartment discount

Job summary

A leading real estate company based in California is seeking a Senior Associate - Asset Management to provide analytical support and drive performance in their West Coast portfolio. Responsibilities include creating financial models, identifying value-add opportunities, and leading asset management for select properties. Ideal candidates will have a Bachelor's degree in Finance or related fields, along with 2-4 years of relevant experience. Comprehensive benefits and a supportive culture await the right applicant.

Qualifications

• 2–4 years of experience in Asset Management, Acquisitions, or related discipline.
• Experience in Brokerage, Valuations is beneficial.
• Advanced proficiency in Microsoft Excel and strong financial modeling capabilities.
• Highly analytical, detail‑oriented, and collaborative with excellent written and verbal communication skills.

Responsibilities

• Analyze long-term performance and develop property-level business plans.
• Create detailed financial models to support decision-making.
• Evaluate initiatives that enhance asset value and improve NOI.
• Assess CapEx needs and implement risk-mitigation strategies.
• Serve as primary asset manager for select Southern California assets.
• Collaborate closely with various teams to align strategies.

Skills

Advanced Microsoft Excel proficiency

Strong financial modeling capabilities

Analytical

Detail-oriented

Collaborative

Excellent written communication

Excellent verbal communication

Education

Bachelor’s degree in Finance, Real Estate, Economics, or related field

Job description

Join to apply for the Senior Associate - Asset Management role at AvalonBay Communities

Overview

Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well. By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates. Your positive, professional, and consistent personal interactions make AvalonBay a great place to work.

The Role

AvalonBay Communities is seeking a Senior Associate of Asset Management to join our Southern California team. This role provides analytical and strategic support to drive the performance of our West Coast portfolio. You’ll play a key role in developing investment strategies, executing value‑creation initiatives, and ensuring long‑term asset optimization across a diverse mix of multifamily and mixed‑use communities.

What You’ll Do

• Analyze and optimize performance: conduct long‑term performance reviews and develop property‑level business plans, including hold/sell analyses and portfolio strategy recommendations
• Model financial performance: build and maintain detailed financial models, including DCFs, IRRs, equity multiples, and FFO yield analyses to support decision‑making
• Identify value‑add opportunities: evaluate and implement initiatives that enhance asset value, improve NOI, and strengthen community performance
• Manage risk and capital planning: assess CapEx needs, implement risk‑mitigation strategies, and partner with Capital Projects and Development teams on execution
• Lead a regional portfolio: serve as primary asset manager for a select group of Southern California assets, ensuring operational and financial targets are met
• Collaborate cross‑functionally: partner closely with Residential Services, Investments, Development, and other stakeholders to align strategies and deliver results

What We’re Looking For

• Education: Bachelor’s degree in Finance, Real Estate, Economics, or a related field
• Experience: 2–4 years of experience in Asset Management, Acquisitions, or a related discipline (Brokerage, Valuations, etc.)
• Skills: advanced proficiency in Microsoft Excel and strong financial modeling capabilities
• Attributes: highly analytical, detail‑oriented, and collaborative, with excellent written and verbal communication skills

How AvalonBay Supports You

We know that our teams are the beating heart of our success and we’re committed to showing our appreciation. We offer comprehensive benefits—health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits (https://jobs.avalonbay.com/benefits) for information. Growth based on achievement and promotion from within. Associate recognition (a company‑wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization – including destination awards, ‘AvalonBay’s Very Best’ recognition program and others!). A 20% discount on our incredible apartment homes. A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.

Additional Info

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things. AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law. Applications are being accepted on an ongoing basis. AvalonBay does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application. For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice (https://www.avaloncommunities.com/california-personnel-privacy-notice/).

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Finance and Sales

Application Status

Applications are being accepted on an ongoing basis.