Director - Asset Manager

***Want to interview with the hiring authority? Before applying, please complete our brief Culture Index survey.*** This helps us understand how you work best and ensures alignment with the role and our culture. Complete the Culture Index Survey What You'll Do Duties and responsibilities • Partner with Property Management, Development, Legal, Capital Markets, and Accounting to ensure seamless collaboration across the asset life cycle, from acquisition through disposition. • Own execution of asset-level business plans for an assigned segment of the portfolio, translating strategy into clear, measurable direction for property management teams. • Monitor asset-level financial and operational performance against budget, prior year, and competitive set; identify variances, diagnose root causes, and recommend corrective action. • Prepare and present monthly, quarterly, and annual property and portfolio performance reporting for partners and investors to ensure accuracy and timeliness. • Develop and maintain property-level valuation analyses and hold or sell recommendations, incorporating market data, capital markets trends, and asset-specific business plans; support materials presented to Morgan's Investment Committee. • Manage the annual budgeting process for assigned assets, including revenue and expense budgets, capital plans, and marketing and leasing plans, in partnership with property management and regional teams. • Track and enforce loan compliance across assigned assets, including financial covenants, debt service coverage ratio tests, and reserve draws, coordinating with Capital Markets and lenders to resolve exceptions. • Review and approve capital expenditure scopes, bids, and budgets; monitor project timing and cost variances in coordination with Construction and Property Management. • Conduct regular site visits to assess property conditions, capital project progress, and leasing and operational execution; document findings and follow up on action items. • Support acquisition and disposition activity for assigned assets, including underwriting review, due diligence coordination, and preparation of investment committee materials. • Monitor local submarket trends, supply pipeline, and competitive positioning; translate market intelligence into actionable recommendations for revenue and leasing strategy. Qualifications • Bachelor's degree in Real Estate, Finance, Business, Accounting, or a related field. • 7+ years of experience in multifamily asset management, property management, acquisitions, or commercial real estate finance, with direct exposure to institutional-quality assets. • Demonstrated track record of monitoring and improving property-level financial performance across a multi-asset portfolio. • Experience preparing investor, lender, and executive-level reporting and presentation materials. • Working knowledge of loan compliance requirements, including covenants, debt service coverage ratio tests, reserve draws, and general capital markets fundamentals. • Ability to manage multiple assets and competing priorities in a fast-paced, deadline-driven environment. • This is an in-person role based in Houston, Texas. Quarterly site visits to properties in the portfolio are required, and periodic travel is necessary for the role. Technical Skills • Advanced financial modeling skills in Excel, including dynamic, multi-scenario models. • Proficiency in Microsoft Word, PowerPoint, and Outlook, with the ability to build clear, executive-ready reporting and presentation materials. • Strong understanding of multifamily operating metrics, including net operating income, occupancy, rent growth, and expense ratios, and how they translate into asset value. • High level of attention to detail and accuracy with exceptional organizational skills. • Very strong interpersonal skills and ability to build relationships with stakeholders. • Expert level written and verbal communication skills. • Ability to work with minimal supervision with high degree of discretion and independent judgement. • Demonstrated ability to achieve high performance goals and meet deadlines in a fast-paced environment.