Asset Manager

Overview

Manage financial, operational, and strategic aspects of Class A retail assets.

Key Responsibilities

• asset monitoring
• argus modeling
• financial modeling
• lender reporting
• budget preparation
• dashboard reporting

Tasks

-Monitor asset performance and key performance indicators relative to financial reporting, budgets, and strategic goals. -Assist in ad hoc preparation of materials for senior management and investment committee presentations, highlighting key assets and portfolio-level insights. -Lead joint venture and lender reporting, including preparation of quarterly updates, variance analyses, and covenant compliance reviews. -Conduct financial analyses including refinancing, disposition, and redevelopment evaluations, as well as sensitivity and scenario modeling to guide asset strategies. -Work in close partnership with leasing, design & construction, finance, legal, and property management teams to deliver coordinated asset strategies. -Collaborate with internal and external stakeholders to ensure timely communication of asset performance, capital expenditures, and operational initiatives. -Maintain Argus and Excel models to reflect current performance and assumptions throughout the asset lifecycle. -Prepare and support the production and review of annual operating budgets, business plans, and reforecasts; coordinate information across departments to ensure accuracy and alignment. -Partner with Leasing and Property Management teams to prepare financial reporting of leasing activity, capital projects, and repositioning strategies. -Prepare and maintain financial models, valuation analyses, and dashboards to support decision-making and strategic recommendations.

Requirements

• 5–8 years
• excel
• argus
• mba
• financial modeling
• team-oriented

What You Bring

-Team-oriented, hands-on approach with strong attention to detail and analytical rigor. -5–8 years of experience in real estate asset management, investment analysis, or finance — preferably with institutional retail or mixed-use assets. -Excellent written and verbal communication skills; comfortable interacting with senior executives, partners, and lenders. -Highly organized, proactive, and resourceful, with the ability to manage multiple priorities in a fast-paced environment. -Strong financial modeling skills with proficiency in Excel and Argus Enterprise. -Demonstrated ability to interpret lease and loan documents, partnership agreements, and complex financial structures. -Bachelor’s degree in Finance, Real Estate, Business, or related field; MBA or Master’s in Real Estate preferred.

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About Vornado Realty Trust

-Born from a strategic pivot, transforming from a legacy appliance brand into a REIT powerhouse focused on prime office and retail spaces in NYC, with stakes in Chicago and San Francisco. -Anchored in Manhattan, owns iconic properties like 770 Broadway and 220 Central Park South, including the 15 Penn Plaza project. -Portfolio includes Class A office towers and street-level retail, supported by in-house building services for tenant convenience. -Actively develops high-profile ventures, such as mixed-use towers and urban campuses, including signage in Times Square. -Roots trace back to a 1960s appliance brand, pivoting into commercial property management.

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