Manager Asset Management
AvalonBay Communities, San Jose, CA, United States
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 hiring a Manager of Asset Management to support a portfolio of apartment communities across the Pacific Northwest. In this role, you’ll provide financial analysis, reporting, and operational support to drive property performance and long‑term value.
You’ll partner closely with teams across Investments, Development, Construction, Operations, Finance, and ESG to monitor performance, prepare analyses, and ensure smooth execution of asset management initiatives.
Financial Analysis & Reporting
Prepare property‑ and portfolio‑level financial models and analyses (DCF, IRR, equity multiple, etc.)
Develop and maintain 10‑year cash flow models, including sell/hold strategies, risk assessments, and value‑creation opportunities
Lead Asset Strategy Reviews (ASRs), including SWOT discussions with business partners
Performance Tracking & Capital Planning
Track and report on key property performance metrics and identify improvement opportunities
Support the development of annual and long‑term capital plans
Provide financial analysis for unit renovation programs and major capital initiatives
Evaluate and recommend strategies to increase NOI, maximize cash flow, and enhance long‑term value
Market Research & Valuation
Research market trends, demographics, and supply/demand dynamics
Assist with property valuations and competitive benchmarking
Collaboration & Process Support
Coordinate with HOA and third‑party partners, as well as internal teams, to share data and updates
Support compliance with lender, zoning, and affordable housing requirements
Help improve and streamline core asset management processes and tools
What We’re Looking For Education
Bachelor’s degree in Finance, Real Estate, or a related field
Experience
2–4 years of experience in real estate, asset management, or property management
Multifamily experience preferred
Skills
Strong financial and analytical skills with advanced Excel proficiency; valuation and underwriting experience a plus
Ability to identify value‑creation opportunities and mitigate risk
Clear written and verbal communication skills, including report and presentation development
Strong attention to detail and organizational skills
Collaborative mindset with willingness to learn new tools (Power BI or Tableau a plus)
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.
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, age, physical or mental disability, genetic information, 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.
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The Role AvalonBay Communities is hiring a Manager of Asset Management to support a portfolio of apartment communities across the Pacific Northwest. In this role, you’ll provide financial analysis, reporting, and operational support to drive property performance and long‑term value.
You’ll partner closely with teams across Investments, Development, Construction, Operations, Finance, and ESG to monitor performance, prepare analyses, and ensure smooth execution of asset management initiatives.
Financial Analysis & Reporting
Prepare property‑ and portfolio‑level financial models and analyses (DCF, IRR, equity multiple, etc.)
Develop and maintain 10‑year cash flow models, including sell/hold strategies, risk assessments, and value‑creation opportunities
Lead Asset Strategy Reviews (ASRs), including SWOT discussions with business partners
Performance Tracking & Capital Planning
Track and report on key property performance metrics and identify improvement opportunities
Support the development of annual and long‑term capital plans
Provide financial analysis for unit renovation programs and major capital initiatives
Evaluate and recommend strategies to increase NOI, maximize cash flow, and enhance long‑term value
Market Research & Valuation
Research market trends, demographics, and supply/demand dynamics
Assist with property valuations and competitive benchmarking
Collaboration & Process Support
Coordinate with HOA and third‑party partners, as well as internal teams, to share data and updates
Support compliance with lender, zoning, and affordable housing requirements
Help improve and streamline core asset management processes and tools
What We’re Looking For Education
Bachelor’s degree in Finance, Real Estate, or a related field
Experience
2–4 years of experience in real estate, asset management, or property management
Multifamily experience preferred
Skills
Strong financial and analytical skills with advanced Excel proficiency; valuation and underwriting experience a plus
Ability to identify value‑creation opportunities and mitigate risk
Clear written and verbal communication skills, including report and presentation development
Strong attention to detail and organizational skills
Collaborative mindset with willingness to learn new tools (Power BI or Tableau a plus)
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.
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, age, physical or mental disability, genetic information, 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.
#J-18808-Ljbffr