Assistant Asset Manager

As an Assistant Asset Manager at Goodwin Knight, your primary responsibilities include assisting the Head of Asset Management in overseeing a portfolio of multifamily properties, performing financial analysis and reporting, collaborating with property management teams, and ensuring effective lease management. Additionally, you'll conduct market research to assess competitive positioning and support investor relations by responding to inquiries and coordinating presentations.

To apply for the Assistant Asset Manager position at Goodwin Knight, you typically need a bachelor’s degree in Real Estate, Finance, Business Administration, or a related field, along with 2-4 years of relevant experience, preferably in real estate asset management or property management. Proficiency in property management software like Yardi or RealPage, and strong analytical and communication skills are also essential.

The benefits for the Assistant Asset Manager role at Goodwin Knight include medical, dental, and vision insurance, life insurance, paid time off (PTO), paid holidays, bonus/profit sharing, and a 401K investment plan with a 6% company match. Additionally, you may also receive discounts on home purchases and rentals, making it a compelling employment package.

Goodwin Knight supports the professional development of its Assistant Asset Managers through a culture of continuous learning, collaboration, and mentorship. You’ll have opportunities to work closely with experienced professionals in asset management and engage in strategic projects that enhance your skill set. The company encourages ongoing education and professional growth, which is essential in the dynamic field of real estate.

A typical day for an Assistant Asset Manager at Goodwin Knight involves a mix of financial analysis, property performance monitoring, collaboration with teams on property operations, and engaging with investors. You may begin your day by reviewing financial reports, followed by property visits to ensure operational standards are met, and concluding with discussions about strategic asset management with your team.

When answering this question, focus on specific examples from your previous experience where you analyzed financial reports, prepared budgets, or monitored performance metrics. Emphasize your familiarity with property management software and the impact your analysis had on decision-making within the team.

To effectively answer this question, explain your approach to time management and organization. Provide an example of a time you successfully managed multiple responsibilities, detailing the methods you use to prioritize tasks while ensuring deadlines are met and quality is maintained.

In your response, articulate specific strategies such as communication with tenants, understanding their needs, and creating community-focused programs. Discuss how data analysis can inform and enhance retention efforts, and mention any past success in similar initiatives.

Share your methodology for conducting market research, including the tools you use, the type of data you analyze (e.g., rental trends, occupancy rates), and how you apply this information to enhance property performance or make recommendations to leadership.

When addressing this question, narrate a specific challenge that required critical thinking and creativity to solve. Outline the steps you took, the outcome, and what you learned from the experience, showcasing your problem-solving skills and resilience.

Discuss your familiarity with lease agreements and regulations. Describe your systematic approach to monitoring lease expirations, renewals, and modifications while ensuring that all parties adhere to the terms and conditions laid out in those agreements.

In your answer, emphasize the importance of teamwork and communication in achieving property management goals. Provide an example of a successful project where collaboration was key, detailing how you worked with various departments to achieve positive outcomes.

Explain how you remain calm under pressure and how you approach problem-solving in these situations. Share a specific example where you effectively addressed an unexpected issue, focusing on the steps taken and the eventual results.

Identify key performance indicators you believe are crucial, such as occupancy rates, rent collections, and expense management. Discuss how monitoring these metrics provides insights into property performance and helps with decision-making.

Your answer should reflect your understanding of Goodwin Knight's mission and values. Discuss how your personal and professional aspirations align with the company's goals of providing attainable housing for the 'missing middle,' and express your enthusiasm for contributing to such an impactful mission.