Associate, Asset Management (Outpatient Medical) - #249465

Summary

The Associate, Asset Management is responsible for developing, leading and managing key asset management initiatives across the portfolio. This role includes oversight of and participation in financial forecasting, performance based reporting, leasing analysis, and valuations to support strategic decision-making to drive optimal portfolio performance. The Manager collaborates with VPs Asset Management to develop asset and portfolio strategies and provide financial analysis to support investment decisions.

At Welltower, GRIT defines us: passion, perseverance, and purpose driving our never-ending pursuit of improvement.

• Go-Getter: Relentlessly self-driven, we tackle challenges head-on, setting ambitious goals and achieving them.
• Rigor: Embracing high standards and challenging work, we strive for solutions that elevate our potential.
• Integrity: With an ownership mindset, we prioritize long-term wins and unwavering accountability.
• Teamwork: We champion collective efforts and shared vision to achieve our goals and exceed expectations.
  
  

Key Responsibilities

• Transaction Management: Support and manage property transactions, including leasing, acquisitions, dispositions, and financing.
• Strategic Asset Management: Support development of annual business plans for JV portfolios and execute value creation or exit strategies.
• Financial Analysis & Modeling: Support and assist in the preparation of financial models and analyses (e.g., DCF, IRR, NPV), and portfolio-level financial models.
• Financial Forecasting & Reporting: Support the development, review, and analysis of annual property budgets and quarterly reforecasting, including assumptions on leasing, revenue, operating expenses, and capital expenditures.
• Market Research & Analysis: Develop strategies for market research and competitive analysis to inform asset strategy.
• Reporting: Coordinate the preparation, review and present financial reports, materials, and ad hoc analysis as requested by VP Asset Management and senior management, including quarterly and monthly reporting of property and portfolio performance for senior leadership, JV partners, and lenders.
• Loan Management: Coordinate, prepare and review loan reports and coordinating advances from lenders when applicable.
• Ad-Hoc Projects: Contribute to strategic asset management initiatives. Will provide support to VP – Asset Management on portfolio level projects.
• External & Internal Communications: Serve as a point of contact for partners, brokers, and tenants. Communicate asset strategies and decisions effectively to stakeholders. Collaborate across internal teams to ensure strategic alignment.
• Team Leadership & Mentorship: Lead, develop and mentor analysts, providing guidance regarding strategic thinking for lease analysis, financial analysis, and valuations to support asset management. Ensure efficient team operations and resource allocation. Develop training resources for analyst team.
  
  

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 this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Occasional travel may be required for site visits, meetings, or transactions.

Minimum Requirements

• Experience: At least 5 years of experience in real estate asset management or finance and complex portfolios.
• Education: Bachelor’s degree in Finance, Real Estate, Business Administration, or a related field. A Master’s degree (MBA) is preferred.
• Skills: Strong proficiency in financial modeling, market analysis, and real estate financial software (e.g., Argus, Excel).
  
  

Additional Eligibility Requirements

Possession of a valid driver’s license.

Applicants must be able to pass a pre-employment drug screen.

What We Offer

• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Employer-matching 401(k) Program + Profit Sharing Program
• Student Debt Program – we’ll contribute up to $10,000 towards your student loans!
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive Medical/Dental/Vision options
• And much more! https://welltower.com/newsroom/careers/
  
  

About Welltower

Welltower Inc. (NYSE: WELL) an S&P 500 company, is the world's preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors – our North Star.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet