Portfolio Operations Associate
$70k - $80kFrontline Real Estate Partners
Portfolio Operations Associate
Frontline Real Estate Partners | Deerfield, IL | Full-Time | On-Site
About Frontline Real Estate Partners
Frontline Real Estate Partners is a growing commercial real estate services firm specializing in property management, receiverships, brokerage, traditional and distressed real estate. Headquartered in Deerfield, Illinois, Frontline manages a diverse portfolio of commercial and multifamily properties throughout the Chicago area and across the country. Our portfolio includes retail, office, industrial, and multifamily properties, with a significant concentration in court-appointed receiverships, lender-controlled assets, and other complex real estate assignments.
Position Overview
Frontline is seeking a highly organized, detail-oriented, and proactive Portfolio Operations Associate to support the operational infrastructure of our growing property management platform. This position plays a key role in coordinating property transitions, maintaining accurate property information, tracking critical deadlines, and ensuring that recurring administrative and operational responsibilities are completed across our portfolio.
Working closely with our Property Management, Accounting, and Leadership teams, the Portfolio Operations Associate will take ownership of assigned processes, coordinate with outside service providers, and proactively follow through on outstanding items.
The ideal candidate is someone who enjoys managing multiple priorities, improving processes, solving problems, and keeping a fast-paced organization running efficiently.
Key Responsibilities
Property Onboarding & Offboarding
- Coordinate the administrative onboarding of new properties, including collecting property records, vendor information, utility accounts, insurance documentation, and other transition materials.
- Maintain and drive onboarding checklists, ensuring outstanding items are tracked and completed.
- Coordinate with Property Management and Accounting on property setup, banking, reporting systems, and operational transitions.
- Assist with property offboarding, including utility terminations, vendor notifications, record transfers, and closeout documentation.
Utilities & Recurring Property Services
- Coordinate and track utility account setups, transfers, terminations, and service issues across the portfolio.
- Maintain accurate utility account information and assist with resolving billing or account discrepancies.
- Work with internal support staff and Property Managers to ensure continuity of essential property services.
- Monitor outstanding utility matters and coordinate follow-up to ensure timely resolution.
Insurance & Risk Management
- Track property insurance policies, renewals, expiration dates, and required documentation.
- Coordinate with insurance brokers to obtain quotes, renewals, certificates of insurance, and policy information.
- Maintain organized insurance records and proactively identify upcoming deadlines or documentation deficiencies.
- Assist with insurance-related requirements during property onboarding and offboarding.
Real Estate Taxes & Property Compliance
- Maintain property tax information, assessment records, payment schedules, and appeal deadlines.
- Coordinate with property tax attorneys and consultants regarding appeals, assessments, and supporting documentation.
- Track important property-related deadlines, filings, and compliance requirements.
- Maintain centralized records and communicate outstanding items to the appropriate team members.
Portfolio Information & Administrative Coordination
- Create and maintain organized property files, contact lists, and operational records.
- Maintain centralized tracking systems for critical property information, deadlines, and outstanding tasks.
- Coordinate the collection of documents and information from Property Managers, vendors, borrowers, and other third parties.
- Support the implementation and improvement of standardized procedures, checklists, and operational workflows.
- Assist with special projects and other portfolio-wide operational initiatives.
Qualifications
- 2+ years of experience in commercial real estate, property management administration, operations coordination, or a similar role preferred.
- Strong organizational skills with the ability to manage multiple assignments and deadlines simultaneously.
- Excellent attention to detail and a commitment to maintaining accurate records.
- Strong written and verbal communication skills.
- Ability to work independently, take initiative, and consistently follow through on outstanding tasks.
- Proficiency with Microsoft Excel, Outlook, Word, and other business applications.
- Familiarity with Yardi or other property management software is a plus.
- Experience with property insurance, utilities, real estate taxes, or property transitions is beneficial but not required.
- Comfortable working in a fast-paced environment where priorities can shift quickly.
What We're Looking For
We are particularly interested in candidates who:
- Take ownership: Independently manage responsibilities from start to finish without requiring constant reminders or supervision.
- Are proactive: Anticipate deadlines, identify missing information, and follow up before issues become problems.
- Stay organized: Can manage multiple properties, projects, and contacts while keeping accurate records.
- Communicate effectively: Are comfortable working with internal teams, outside vendors, insurance brokers, attorneys, and other service providers.
- Are adaptable: Thrive in a growing company with a diverse portfolio and frequently changing operational needs.
- Are process-oriented: Look for opportunities to improve efficiency, consistency, and accountability.
Why Join Frontline?
Frontline offers the opportunity to work within a growing, entrepreneurial real estate organization with exposure to a wide variety of property types, markets, and complex assignments.
As a member of our Portfolio Operations team, you will play an important role in supporting our expanding property management platform, improving operational efficiency, and helping establish consistent processes across a diverse portfolio.
We offer a collaborative, team-oriented environment where employees are encouraged to take initiative, contribute ideas, and make a meaningful impact on the company's continued growth.
Compensation & Benefits
- Annual Salary: $70,000–$80,000, commensurate with qualifications and experience, plus discretionary annual bonus
- Employment Type: Full-time.
- Location: Deerfield, Illinois.
- Work Arrangement: On-site, Monday through Friday.
- Benefits Include:
- Health insurance
- Dental and vision insurance
- 401(k) retirement plan
- Paid holidays
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