DescriptionReporting to the Vice President of Enterprise Real Estate, the Director of Asset Management is an integral part of the Office of Enterprise Real Estate, leading asset management activities across a diverse portfolio that may include academic, healthcare, research, administrative, residential, hospitality, and commercial assets.
KEY RESPONSIBILITIES:
- Develops and executes asset-level and portfolio-wide strategies to enhance financial performance, support institutional missions, optimize capital allocation, mitigate risk, and ensure effective stewardship of real estate assets.
- Serves as a key liaison among university and health system leadership, operating units, finance, legal, development, facilities, and external partners.
- Responsibilities include supporting the VP in all aspects of portfolio and asset management, lease administration for academic, administrative and healthcare units (3.5M RSF under management), financial management and analytics, risk assessment, oversight of property management and operation in residential, mixed-use, hotel, office and medical office, property taxes, as well as gift real estate evaluation and acceptance.
PORTFOLIO AND ASSET MANAGEMENT:
- Manages Emory's portfolio of owned and leased properties.
- Establishes asset management strategies that improve operational efficiency and financial returns.
- Monitors facility utilization, occupancy rates, and space management metrics.
- Oversees direct lease administration and landlord-tenant relationships.
- Implements portfolio benchmarking and performance measurement programs.
- Develops and maintains portfolio-wide performance metrics and reporting frameworks.
FINANCIAL PERFORMANCE & ANALYSIS:
- Oversees annual operating budgets, capital budgets, forecasts, and long-range financial plans for operating assets.
- Prepares quarterly variance reports on portfolio performance, including net operating income, cash flow, occupancy, operating margins, capital expenditures, and EBITA metrics.
- Reviews and challenges operating assumptions, leasing plans, and capital expenditure programs.
- Partners with finance teams to support financial reporting and strategic planning initiatives.
- Supports and streamlines payment processing and reporting.
LEASING AND LEASE ADMINISTRATION:
- Evaluates lease transactions, renewals, tenant expansions, and occupancy strategies.
- Oversees lease database and monitors key milestone dates.
- Works with leasing brokers and internal stakeholders to achieve occupancy and revenue objectives.
- Supervises and performs lease administration duties as required.
- Assesses tenant mix and space utilization opportunities to enhance portfolio value.
RISK MANAGEMENT & GOVERNANCE:
- Identifies, evaluates, and mitigates operational, financial, market, regulatory, and reputational risks.
- Ensures compliance with institutional policies, lease obligations, financing requirements, and regulatory standards.
STAKEHOLDER MANAGEMENT AND COMMUNICATION:
- Establishes and maintains an Emory Real Estate dashboard, visualizing leases and assets.
- Revamps the Office of Enterprise Real Estate web site.
- Supports internal and external communication.
- Serves as liaison for Emory's planned faculty and staff housing projects.
- Serves as a trusted advisor to university and health system leadership on real estate performance and strategic initiatives.
OTHERS:
- Works with an open and collaborative mindset; keeps all communication and materials confidential when project requires.
- Performs related responsibilities as required.
MINIMUM QUALIFICATIONS:
- A bachelor's degree in economics, finance, business, engineering, architecture, or a related field, and seven years of professional experience in asset management, property management, finance, banking, project management or strategic planning, which includes progressive responsivities in leading complex analytics and portfolio management for complex institutional, healthcare, high education, commercial, mixed-use portfolios or REITs, OR an equivalent combination of education, training, and experience.
- Demonstrated experience in financial analysis, valuation, capital planning, leasing and portfolio strategy.
- An advanced degree or professional license preferred.
- Proficient in Excel and Power Point.
- Excellent verbal and written communication and reporting skills.
- Self-driven, personally accountable, willing to learn, and able to lead change.
NOTE: Position tasks are required to be performed in-person at an Emory University location; working remote is not an option. Emory reserves the right to change this status with notice to employee.
