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Property Asset Manager

University of Pittsburgh
Pennsylvania, United States
Salary Not specified
Date posted
Apr 18, 2024

Property Asset Manager

Job Summary

The Property Asset Manager is responsible for overseeing effective property and asset management of assets, ensuring seamless operations that align with the needs of the University as the property owner and tenants. This role involves coordinating with various internal business units to establish and maintain comprehensive procedures for portfolio management, asset performance monitoring, asset risk management, communication and relationship management, asset due diligence, planning, and service optimization.

Essential Functions

•Portfolio Management: Developing and implementing strategies to achieve the financial objectives
of the portfolio. This involves analyzing trends, assessing risk-return, and making
recommendations to maintain and optimize performance.
• Performance Monitoring: Monitoring the performance of assets in the portfolio and evaluating their
performance against relevant benchmarks and targets. This involves tracking key performance
indicators, analyzing financial statements, and identifying areas for improvement.
• Risk Management: Identifying, assessing, and mitigating risks associated with the assets in the
• Property Management: Coordinate ongoing maintenance, repair and capital investment activities
performed by internal and external stakeholders. Monitor monthly cash flow and assist with
preparation of annual budgets for each asset in the portfolio.
• Communication and Relationship Management: Working in collaboration with senior
management, monitor tenant and stakeholder communications, including updates to tenants and
other relevant parties involved in asset management activities.
• Planning: Participating in strategic planning initiatives to identify growth opportunities, expand the
asset portfolio, and enhance overall portfolio performance. This may involve collaborating with
senior management and other stakeholders to develop long-term strategies for investment,
disposition, and acquisition of assets.
• Service Optimization: Maintaining systems for tenant feedback and regularly update SOPs

Physical Effort

The physical effort required includes a medium volume of walking to the leased spaces to collect and ascertain firsthand knowledge regarding the status of buildings and assignments. Occasional lifting and transport of information to various meetings with landlords, tenants, students, staff and external contacts. Must have ability to move around the office area and into buildings.

The University of Pittsburgh is committed to championing all aspects of diversity, equity, inclusion, and accessibility within our community. This commitment is a fundamental value of the University and is crucial in helping us advance our mission, which includes attracting and retaining diverse workforces. We will continue to create and maintain an environment that allows individuals to discover, belong, contribute, and grow, while honoring the experiences, perspectives, and unique identities of all.

The University of Pittsburgh is an Affirmative Action/Equal Opportunity Employer and values equality of opportunity, human dignity and diversity. EOE, including disability/vets.

Assignment Category: Full-time regular

Job Classification: Staff.Property Asset Manager

Job Family: Campus Operations

Job Sub Family: Real Estate Services

Campus: Pittsburgh

Minimum Education Level Required: Bachelor's Degree

Minimum Years of Experience Required: 3

Will this position accept substitution in lieu of education or experience: Combination of education and relevant experience will be considered in lieu of education and/ or experience requirement.

Work Schedule: Monday - Friday, 8:30 a.m. - 5:00 p.m.

Work Arrangement: Monday - Friday, 8:30 a.m. - 5:00 p.m.

Hiring Range: TBD Based Upon Qualifications

Relocation_Offered: No

Visa Sponsorship Provided: No

Background Check: For position finalists, employment with the University will require successful completion of a background check

Child Protection Clearances: Not Applicable

Required Documents: Resume, Cover Letter

Optional Documents: Not Applicable


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