Senior Associate - Asset Management

AvalonBay Communities

79d • $86,000 - $143,500

About The Position

AvalonBay Communities is seeking a Senior Associate of Asset Management to join our Southern California team. This role provides analytical and strategic support to drive the performance of our West Coast portfolio. You’ll play a key role in developing investment strategies, executing value-creation initiatives, and ensuring long-term asset optimization across a diverse mix of multifamily and mixed-use communities.

Requirements

• Bachelor’s degree in Finance, Real Estate, Economics, or a related field.
• 2–4 years of experience in Asset Management, Acquisitions, or a related discipline (Brokerage, Valuations, etc.).
• Advanced proficiency in Microsoft Excel and strong financial modeling capabilities.
• Highly analytical, detail-oriented, and collaborative, with excellent written and verbal communication skills.

Responsibilities

• Conduct long-term performance reviews and develop property-level business plans, including hold/sell analyses and portfolio strategy recommendations.
• Build and maintain detailed financial models, including DCFs, IRRs, equity multiples, and FFO yield analyses to support decision-making.
• Evaluate and implement initiatives that enhance asset value, improve NOI, and strengthen community performance.
• Assess CapEx needs, implement risk-mitigation strategies, and partner with Capital Projects and Development teams on execution.
• Serve as primary asset manager for a select group of Southern California assets, ensuring operational and financial targets are met.
• Partner closely with Residential Services, Investments, Development, and other stakeholders to align strategies and deliver results.

Benefits

• Comprehensive benefits — health, dental and vision.
• 401(k) with company match.
• Paid vacation and holidays.
• Tuition reimbursement.
• Employee stock purchase plan.
• 20% discount on apartment homes.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree