Raymond James Financial, Inc

Preservation Portfolio Manager/Director

Raymond James Financial, Inc$90K — $130K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a related field
  • 5+ years in institutional real estate investment or asset management
  • Supervisory experience preferred
  • Experience with REITs is a plus
  • Strong judgment and initiative in complex assignments

Responsibilities

  • Oversee operations of multifamily assets for institutional investment partnerships
  • Serve as a fiduciary for the investor
  • Evaluate performance against budgets and benchmarks
  • Identify and strategize value-add opportunities
  • Maintain relationships with general partners
  • Conduct site inspections for operational compliance
  • Lead and manage team members

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and disability benefits
  • Retirement savings plan
  • Paid time off including vacation and holidays
  • Parental leave options
Full Job Description
Job Description Summary
As a Portfolio Manager for Preservation Asset Management, the individual is responsible for the oversight of operations and performance for an institutional investor serving as the limited partner in multifamily real estate partnerships. This role oversees a portfolio of preservation-focused multifamily investments, emphasizing cash distributions generated through ongoing operations and capital proceeds realized upon asset disposition following defined hold periods.

The Portfolio Manager evaluates fund and asset performance against underwritten assumptions and investor benchmarks, develops and implements strategies to optimize operational outcomes, and ensures alignment with the investor's objectives. The position serves as a fiduciary to the institutional investor while maintaining strong, collaborative relationships with general partners to support long-term portfolio performance.

This role reports directly to the President of RJAHI and includes supervisory responsibility for two to four direct reports. The Portfolio Manager is expected to work independently and exercise sound judgment on complex assignments requiring original thinking, initiative, and a high degree of accountability.

Job Description

Essential Duties and Responsibilities
  • Oversees operational performance of multifamily assets held in institutional investment partnerships, representing the interests of the limited partner investor.
  • Serves as a fiduciary for the investor, ensuring decisions align with partnership agreements, investment strategy, and return objectives.
  • Evaluates asset and fund performance relative to underwriting, operating budgets, and benchmarks, with a focus on operating cash flow and exit proceeds.
  • Identifies value-add and risk-mitigation opportunities and develops strategies to enhance operating performance.
  • Maintains productive and professional relationships with general partners while providing oversight and accountability.
  • Reviews operating reports, budgets, capital plans, and variance explanations provided by partners.
  • Conducts site inspections to assess physical condition, operational practices, and compliance.
  • Leads, coaches, and manages team members, setting goals and driving accountability.
  • Reviews proposed deal modifications, refinancings, dispositions, or capital events and provides recommendations to senior leadership and the Investment Committee.
  • Identifies and mitigates financial, operational, and compliance risks within the portfolio.
  • Prepares and delivers portfolio performance reports to senior leadership and investors.
  • Maintains accurate portfolio records within the RJAHI portfolio management system.
  • Evaluates and refines portfolio operational policies and procedures.
  • Performs other duties as assigned.


Educational / Previous Experience Requirements
  • Bachelor's Degree (B.A.) in a related field and a minimum of five (5) years of relevant experience in institutional real estate investment or asset management. Supervisory and/or REIT experience preferred.

- or -
  • Any equivalent combination of experience, education, and/or training approved by Human Resources.


Travel Required
  • Up to 40%. Must have a valid driver's license and be eligible for coverage under the firm's Vehicle Fleet Safety Policy to drive on company business.


Normal business hours. Some additional hours may be required.

Remote location will be considered.

Education
Bachelor's (Required)

Work Experience
General Experience - 6 to 10 years

Certifications

Travel
Up to 50%

Workstyle
Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ

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