Vice President, Asset & Property Management Req #: 0000167287
Category: Professional / Management
Status: Full-Time
Shift: Day
Facility: RWJBarnabas Health Corporate Services
Department: Plant Operations
Location: System Business Office, 2 Crescent Place, Oceanport, NJ 07757

Vice President, Asset & Property Management

Job Overview:

The Vice President, Asset and Property Management will be an asset and property management expert with a passion for customer service to both internal and external stakeholders. The role is responsible for managing the real estate acquisition process of oversee comprehensive plan to manage the assets after acquisition. Developing and implementing strategies to ensure the long-term financial health of the portfolio; and supervising the day-to-day operations of the asset and property management department.

This individual will play a crucial role in maximizing the value of estate assets, ensuring operational efficiency, and maintaining high standards of tenant satisfaction. The VP of Asset and Property Management will supervise the off-site property management technicians as well as our outsourced third-party property management companies. The VP of Asset and Property Management will partner closely with the Real Estate, Finance, and Accounting teams.

Reports to:

The VP of Asset and Property Management will report to the Senior Vice President, Real Estate Development

Qualifications:

Bachelor's degree in Business, Real Estate, or a related fieldProven experience in asset and property management with a track record of successful strategy development and implementation Excellent written and oral communication and negotiation skillsComputer literacy and competence with property management software and databasesSuperior organizational skillsIn-depth knowledge of relevant regulations and compliance standards

Essential Functions:

AcquisitionsOversee the entire acquisition process through due diligence and closing to ensure a smooth transition in the asset management phase of the project life cycleStrategic Asset PlanningDevelop and implement comprehensive asset and property management strategies aligned with overall organizational goals and objectivesConduct regular assessments of the current portfolio and identify opportunities for growth or divestmentFinancial Analysis & ManagementAnalyze financial data related to assets, including performance metrics, cash flow, and return on investmentOversee budgeting, financial analysis, and reporting for the department, ensuring cost-effectiveness and profitabilityManage audit requests from all funding sources and syndicators in partnership with the finance departmentRisk ManagementIdentify and assess potential risks associated with the asset portfolio and property management activitiesDevelop risk mitigation strategies to protect the organization's investments and financial interestsTeam LeadershipLead and mentor a team of asset and property management professionals (staff and outsourced property management companies)Stakeholder CommunicationCommunicate with internal and external stakeholders, providing regular updates on performance and strategiesMaintain a strong working relationship with tenants and property related matters are addressed in a timely mannerWork with program staff and other internal/external stakeholders to strike a balance between what is needed to effectively manage properties and provide quality services for clients in a caring manner that aligns with the organizational missionCompliance and RegulationsEnsure compliance with local, state and federal regulations and industry standardsTenant RelationsEstablish and maintain positive relationships with tenants, addressing concerns and ensuring high levels of tenant satisfactionVendor ManagementOversee relationships with third-party vendors and service providers to ensure quality and cost-effective servicesTechnology IntegrationStay abreast of industry trends and integrate relevant technologies to enhance asset and property management processes

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Additional Information:

Benefits and Perks:

At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.

Paid Time Off (PTO)Medical and Prescription Drug InsuranceDental and Vision InsuranceRetirement PlansShort & Long Term DisabilityLife & Accidental Death InsuranceTuition ReimbursementHealth Care/Dependent Care Flexible Spending AccountsWellness ProgramsVoluntary Benefits (e.g., Pet Insurance)Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more!

Choosing RWJBarnabas Health!

RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.

RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.

RWJBarnabas Health is an Equal Opportunity Employer