Asset Manager

Company Overview

The BAM Companies (BAM) began in 2010 in the heart of Indianapolis. Affectionately referred to as the “BAMFAM” by its employees, the company is dedicated to changing the way property management operates. A property management company focused on achieving maximum benefit for residents, owners, and investors, BAM always acts with a focus on its core values of: Growth, Fun, Family, and Work-Life Balance. In utilizing industry knowledge, the strengths of the team, and market expertise, BAM is a company that knows how to succeed! We encourage you to join this winning team, and grow with us. 

Summary

The Asset Manager will work side-by-side with the Vice President, Asset Management in order to provide The BAM Companies with the most up-to-date, accurate, and useful information possible. The goal of the position is to continue the company’s history of a hunger for growth both personally, and at every level of the organization. This position is one that will chart a path for the company, keep track of miscellaneous and outstanding details, and support departmental and company leadership in each and every endeavor. 

A successful person in this new and rewarding role is someone who can take on new tasks and challenges suddenly, can reroute last minute based on new information, is teachable, and is able to creatively think of solutions to everyday challenges. 

Essential Job Functions

Asset Management

• Perform rigorous financial analysis and modeling related to the execution of asset management initiatives including leasing, asset repositioning, and improvements to operational efficiency.
• Conduct financial analysis to evaluate potential approaches to maximize return on investment.
• Researching and recommending innovative strategies and technologies that can drive performance and value to the portfolio.
• Conduct quarterly site inspections to evaluate physical condition, operations, and competitive market conditions.
• Collaborating with the investor relations team on accurate and thorough investor reporting each quarter
• Working with valuation models and maintaining accuracy.
• Monitoring investment and property performance to preserve & increase the value of the investment throughout the asset life.
• Review of property financials and narratives on a monthly basis.
• Staying abreast of business and market trends and providing recommendations for expense savings and income opportunities.
• Assess performance of the assets relative to original underwriting strategies or business plans, competitors, and market conditions.
• Working with property management teams to drive asset performance in accordance with the approved budget and business plan.
• Maintaining business relationships with general partners/developers, management agents, lenders, contractors, and third-party consultants as it relates to the flow of relevant and timely asset related communication.
• Analyzing data and presenting actionable recommendations to senior leadership on a monthly and quarterly basis, driving performance relative to the original underwriting strategies or business plans.
• Reviewing and gaining understanding of legal documents such as loan agreements, guarantees, and promissory notes, and coordinating with borrower and respective staff to ensure the loans remain in compliance.
• Working with property managers to develop a written, defined plan for prompt turnaround of underperforming assets within assigned portfolios.

Finance

• Assist with deal processing from application to closing, including the coordination and review of third-par