Asset Manager

Job Purpose The Asset Manager oversees the strategic management of a portfolio of holdings, to ensure the sustainability and growth of the organization’s resources. This position is responsible for the development and implementation of business plans as well as all administration functions of the assigned portfolio. The Asset Manager utilizes advanced analytical techniques to create and preserve value through proactive asset and cost management, project procurement and asset maximization by assessing market trends and opportunities, conduct portfolio valuation and develop strategic business plans for the assigned portfolio. This position is responsible for strategic analysis, monitoring asset performance and risk profiles and implementation of plans to maximize cash flow and/or financial returns on the assigned portfolio by leasing, improving or disposing of the assets in the assigned portfolio. In collaboration with the rest of the Real Estate team, this position proposes portfolio structures, potential acquisitions, forfeitures, divestitures and development projects supported by in-depth analysis and forecasting of real estate investment risks and opportunities. This position is particularly important to secure the longevity of LT’s mission-related programs, perpetuating the Queen’s legacy. Essential Responsibilities Researches, develops, and implements business planning and strategic real estate growth actions to improve and maximize cash flow from the assigned portfolio – primarily lease up, re‑development and development real estate assets, and real estate allocated for charitable uses. Prepares and oversees various financial analysis and reports including but not limited to operating and capital improvement budgets, business plans, financial proformas, feasibility analysis, sensitivity analysis; and prepares consolidated quarterly and annual budgets and forecasts. Monitors financial performance of the assigned portfolio; identifies areas for improvement. Implements strategies to maximize returns and minimize costs. Oversees third‑party consultant work related to project analyses and projections, development managers, planning, architects and engineering, land title, encumbrances and surveys, property management, and real‑estate leasing/sales. Manages project procurement, including directing and implementing approved business plans, monitoring costs and execution, and ensuring timely completion. Reviews potential acquisitions and dispositions. Makes recommendations including supporting data that portrays forecasted cash flow potential. Collaborates with internal stakeholders to visualize and plan the future of LT to identify development opportunities for LT’s assets. Meets with external partners and network contacts to gain intel and develop potential strategies, processes, and performance forecasts. Develops strategic alliances in competitive markets. Leads acquisition activity from proposal to deal closure. Markets LT’s assets to generate interest and captivate potential venture partners. Negotiates purchase agreements. Asset Administration Conducts lease administration for the assigned portfolio, including lease assignments, amendments, compliance and collections. Fosters and maintains longstanding relationships with external partners and tenant points of contact. Conduct due diligence and underwriting of potential acquisitions and dispositions. Transitions acquired assets into portfolio, including all acquisition reports and data. Identifies and prepares assets for disposition. Conducts periodic physical inspections to ensure optimal asset performance. Prepares operating budgets and financial forecasts for the assigned portfolio. Oversees on‑site personnel as needed. Seeks and manages third party relations with collaborators, consultants, real‑estate professionals and their networks. Meets and networks with community stakeholders, strategic connections, and partners to stay in the frontlines of local and national investment trends, intel, and opportunities. Performs in‑depth quarterly analysis on investment performance and returns. Provides ad hoc reports to Executive team and Trustees, including proposed recommendations for action when required. General Administrative Duties Maintains all records, physical and electronic, ensuring compliance with record‑keeping policies and regulation. Prepares and submits financial and portfolio activity reports as requested by Management and Executive Leadership. Collaborates with Finance to complete all month‑end activities, such as invoice and expense approvals, financial statements, and revenue analysis. Ensures operational compliance with SEC, Sarbanes‑Oxley and REIT regulations. Contributes to the Trust’s success by accepting new assignments, helping team members, learning new skills, and striving to improve team and organization results. Qualifications Bachelor’s degree with concentration in business, finance, accounting, real estate OR equivalent professional experience. At least (5) years of directly related professional experience in asset management or real‑estate investment; dealing with value add, re‑development, or development. Financially astute (ability to perform proforma/discounted cash flow modeling, IRR, ROI, waterfall structures) with strong attention to detail with the ability to lead complex deals. Experienced in negotiating contracts with a proven track record of excellence. Must possess strong knowledge of local, state, and federal laws and regulations. Well organized, detail oriented and capable of handling multiple projects. Demonstrated Project Management experience, required. Excellent verbal, written and sales communication skills. Previous experience with business writing (e.g., proposals, business cases), preferred. Proficiency with MS Office, preferably in a MAC OS environment, helpful. Industry accreditations such as CCIM, CPM, and CRE preferred. Mental and Physical Demands Perform light physical work, including climbing, stooping, kneeling, crouching, reaching, and lifting weight of up to 25 pounds. Exposed to outdoor climate and diverse terrain. Ability to travel and work flexible hours as necessary. Job Competencies Aloha: awareness and approach to the work with compassion, empathy, and kindness. ‘Imi Na’auao: a constant desire for seeking knowledge; lifelong learner. Po’okele: desire to perform in excellence. Wiwo’ole: maintain a courageous, brave, and fearless mindset. Pono: understand the appropriateness of time, place, reason, people, and tools. Kuleana: bring a deep sense of responsibility and accountability. Collaboration: Ability to interact effectively with youth, community partners, and multi‑disciplinary teams. Knowledge of community resources and services. Ethical Practice: Model the highest level of ethical behavior, integrity, and social responsibility. Uphold and embody all LT values. Communication: Clearly convey and receive information and ideas. Engage the listener and invite response and feedback. Demonstrate strong written, oral, and listening skills. Cultural Competence: Respect and relate well to people from varied backgrounds and sensitive to group differences. Experience working with at‑risk youth and ability to apply positive youth development principles to that work. Relationship Management: Experience working with staff at all levels in a collaborative environment; ability to promote and sustain positive workplace values and relationships. Interpersonal Skills: Ability to work well under pressure and to remain calm and controlled when faced with challenging situations. Travel Requirements In alignment with our organizational competencies of Alu Like I ka Hana (Teamwork) and Ho`omau i ka `imi Na`auao (Continuous Learning and Improvement), this position will require occasional travel across the island, inter‑island, and out‑of‑state depending on the needs of the team and the organization. While travel may not always be a need, the ability to travel when required remains a crucial aspect of this position in order to successfully contribute to our concerted efforts to carry out our Queen’s legacy. Terms and Conditions of Employment This description reflects management’s assignment of essential functions, it does not proscribe or restrict the tasks that may be assigned. This job description is subject to change at any time. Organization Competencies Alignment with Queen’s legacy: Understanding and appreciation of Queen Liliuokalani’s story, her legacy and the Hawaiian Culture is foundational to staff’s commitment to working with our Hawaiian children, families and communities. Demonstrates respect for and appreciation of Hawaiian values history, and culture, understanding its implication in one’s work, in fostering meaningful relationships, and in embracing the community served. Ho`omau i ka `imi Na`auao (Continuous Learning and Improvement): Committed to creating and reinforcing an environment of continuous learning and improvement. Ho`ike i na Mana`o Pono (Effective Communication): Communicates with those we serve and each other in a consistent manner that results in mutual understanding, harmony, and action. No'ono'o loi (Critical Thinking and Problem Solving): Actively and skillfully understands, conceptualizes, applies, analyzes, synthesizes, and/or evaluates information and develops and supports fact‑based analyses and recommendations. Ho'o kumu a’e or `Imi hakuhia (Innovation): Identifies and integrates creative ideas into new or existing services and promotes effective problem‑solving. Pilina Ho`ohana a me ka Hana Hilina`i (Building Relationships and Creating Trust): Manages relationships to create optimal opportunities and move the organization forward. Alu Like I ka Hana (Teamwork): Works cooperatively and collaboratively with others throughout the organization in alignment with the organization’s objectives. Ho`onui I ka `Ike (Capacity Building): Encourages personal growth by exhibiting trust and a belief in the capacity of others. Job Title Asset Manager Reports to Managing Director, Real Estate Development FLSA Status FT; Exempt Aligned Executive President and CEO Kipuka Liliʻuonamoku Department Real Estate Equal Opportunity Employer Statement Liliʻuokalani Trust is an Equal Opportunity Employer. We strive to recruit, train, and retain innovative talent from a diverse candidate pool. All employment decisions will be based on merit, competence, performance, and business needs. Applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity or expression, religion, ancestry, genetic information, citizenship, marital/civil union status, arrest and court record, domestic or sexual violence victim status, credit history, disability or veteran/military status or other applicable legally protected characteristics. #J-18808-Ljbffr