Director of Asset Management

Viking Capital is Hiring a Director of Asset Management

Job Summary:

Title: Director of Asset Management
Location: Remote—Atlanta Based
Compensation: Salary with Bonus Structure
Travel: Willing to Travel

Who We Are:

Viking Capital is a national multifamily investment firm with over a half billion dollars of assets under management with approaching our near term goal of $1 Billion Assets Acquired. Viking is focused on acquiring key assets across major metropolitan statistical areas (MSA’s) which demonstrate consistent rent growth and low vacancy.  Our value-add business plan repositions properties through operational efficiencies, moderate to extensive renovations and complete rebranding. We believe in the “triple bottom line” People (charity and community), Planet (green initiatives) and finally Profit (taking care of our investors and equity partners).

Our core values represent the very fabric of our company.  We live and breathe these values through every facet of our operations.

1. Driven
2. Humbly Confident
3. Resourceful
4. Perpetual Self-Improvement
5. Help First Mindset

Who You Are:

You are an individual who values organization and systems. You have an analysis centered mindset and strive to deliver above what is asked.  You prefer systems and processes.  You have experience in real estate and private offerings.  You enjoy being nimble and adaptable as company needs arise, and lend your unique skills to continue to drive the growth of the company. You are able to handle multiple projects, proactive in your approach and enjoy bringing fresh ideas to better develop our assets and our property management relationships.

The ideal candidate should be able to “hit the ground running”.  We understand that there is a transitional learning period.  However, the skill set should already be there, and we are just simply fitting those skills to our company.

This role will require a proactive, team-oriented leader who can thrive in a growing, fast-paced organization.  This position will support the owners and function as a key advisor.  Providing expedient “white glove service” with a high level of attention to detail is paramount to success in a high-energy company.

You are well educated, presentable, and polished. This is an opportunity for an agile, commercial and operational candidate to help shape and drive the next phase of development as we emerge as one of the leaders in multifamily with nationwide operations and managing a billion dollar portfolio.

Essential Responsibilities:

• Oversee and hold various property management or operating partners accountable for implementing the business plan
• Review and analyze monthly property financials
• Oversee and continuously monitor loans, loan covenants, property expenses and rate caps
• Visit portfolio properties to ensure the successful implementation of the business plan
• In charge of constant communication with the properties and be the decision maker on various property related issues
• Own the annual budget process and hold properties accountable for abiding by the budget
• Participate in refinances, recapitalizations, acquisitions, and dispositions of assets
• Assist the acquisitions team in due diligence efforts
• Take ownership in identifying value-add opportunities and strategies throughout the assets

Additional Responsibilities:

• Prepare and distribute monthly property newsletters
• Track asset and portfolio level performance including dashboard management
• Weekly and monthly tracking and reporting of property performance
• Review of market rents and comps

Experience Requirements:

• Min 5 years’ experience in a similar company with multifamily experience
• Strong verbal and written skills
• Decision making and problem-solving skills
• Leadership skills with the ability to delegate, motivate and inspire team members
• Must be able to meet tight deadlines
• Self-motivated and results oriented
• Confidence in decision-making