Management Executive

Akam Associates Inc. • New York, NY

3d

About The Position

The Portfolio Management Executive is responsible for the strategic oversight and day-to-day management of a portfolio of 18 residential properties (cooperatives and condominiums) across New York City. This role ensures operational excellence, financial performance, regulatory compliance, and high levels of resident and board satisfaction.

Requirements

• 5–10+ years of NYC property management experience (co-ops/condos required)
• Strong knowledge of NYC housing regulations and co-op/condo governance
• Proven experience managing multiple properties or a portfolio
• Excellent financial acumen and budgeting experience
• Strong communication and leadership skills

Nice To Haves

• Bachelor’s degree in Business, Real Estate, or related field (preferred)

Responsibilities

• Manage a portfolio of ~18 co-op and condominium buildings across NYC
• Oversee on-site staff including property managers, supers, and administrative teams
• Conduct regular property visits to ensure standards and operations are maintained
• Develop, review, and approve annual budgets for each property
• Monitor financial performance, including operating expenses, reserves, and capital projects
• Review monthly financial statements and variance reports
• Partner with accounting teams on audits and financial reporting
• Serve as primary liaison to co-op and condo boards
• Attend and lead board meetings, annual meetings, and special sessions
• Advise boards on governance, financial planning, and capital improvements
• Address escalated resident concerns and ensure timely resolution
• Oversee building maintenance programs and capital improvement projects
• Ensure proper vendor management, contract negotiation, and service delivery
• Monitor compliance with NYC regulations, inspections, and safety requirements
• Coordinate emergency response and crisis management as needed
• Ensure all properties comply with NYC housing laws, co-op/condo bylaws, and regulatory requirements
• Oversee documentation, filings, and record-keeping for each building
• Guide boards on best practices and policy implementation
• Supervise and mentor property managers and support staff
• Conduct performance reviews and provide ongoing training
• Foster a high-performance, service-oriented team culture

Benefits

• several healthcare, dental and vision options
• a retirement program
• paid time off plans
• 12 paid holidays per year
• educational reimbursement
• transportation discount purchase programs
• service, and performance awards
• various social and recreational activities

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 11-50 employees