Position: Vice President – Asset Management Position Overview: The Vice President of Asset Management will be responsible for the oversight of a portfolio of hotels with the purpose of creating asset value through execut…
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Full-time
Posted 44d ago
~40 hrs/week
Responsibilities
Oversee a portfolio of hotels to maximize asset value and net operating income through strategic investment and operational oversight. Collaborate with hotel management companies to execute capital investment programs and ensure alignment with investment goals.
Requirements
Requires over 10 years of experience in hotel ownership, asset management, or operations with strong leadership and communication skills. Candidates must possess or be able to obtain Series 7 and 63 licenses.
Full job description
Position: Vice President – Asset Management
Position Overview:
The Vice President of Asset Management will be responsible for the oversight of a portfolio of hotels with the purpose of creating asset value through execution of an investment strategy on a short, intermediate, and long-term basis. Overall responsibilities include strategic oversight of operations to maximize net operating income as well as working with the hotel management company to manage the capital investment program. This role will report to the Senior Vice President of Asset Management and interact with the CEO & President of RBHM and other senior team members in the management of each investment.
Key Responsibilities:
Identify value enhancement opportunities within the portfolio and provide input to monthly, quarterly and annual internal reports to the CEO of Rockbridge & the President & COO of RBHM for all assets in the Rockbridge portfolio.
Use hotel management input, industry analysis/benchmarking, accounting, hotel financial analysis and computer modeling fundamentals to analyze hotel operations, business plans, capital investments, sales & marketing plans and strategic alternatives.
Stay abreast of markets affecting the hospitality industry and more specifically, the markets in which the assets are located, including supply and demand changes and trends.
Own the operating performance of the assets to ensure returns are on track with investment goals and work with hotel management partners to ensure owner / operator alignment.
Regularly visit hotels to meet with hotel General Managers and/or the hotel’s executive committees and regional teams to review monthly & quarterly performance as well as the annual business plans and longer-term strategic capital plans.
Work with hotel management companies to review & execute annual capital plans and strategic 5-year plans that provide attractive returns on investment.
Proactively strengthen relationships across brands, capital partners, management partners, and other deal constituents.
Hold operating partners accountable in an effort to maximize profitability.
Create SWOT analysis & assess risk to each asset within the managed portfolio; take efforts to mitigate such risks.
Job Requirements:
10+ years of relevant experience in ownership, asset management, or hotel operations.
Ability to manage multiple team members.
Demonstrated ability to act as an owner on a daily basis to achieve the goals of each investment.
Strong written and verbal communication skills.
Strong team player that collaborates well with all Rockbridge constituents.
Self-motivated, detail-oriented, well-organized and results-driven professional.
Exceptional insurance solutions for the preservation and transfer of generational wealth.
Industry
Insurance
Company size
2-10 employees
Founded
2019
Headquarters
Birmingham, Alabama
LinkedIn followers
46
RockBridge Group is committed to strengthening client and advisor relationships through superior advice and tax-efficient solutions for the unique planning needs of families with generational wealth. An M Financial Member Firm, RockBridge is focused on delivering best-in-class analytics, design, and results with transparency, discretion, creativity and an eye to good stewardship.
Securities Offered Through M Holdings Securities, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. RockBridge Group is independently owned and operated.
Third-party posts found on this profile do not reflect the views of M Holdings Securities, Inc. nor its Associated Persons/Affiliates, and have not been reviewed by M Holding Securities as to accuracy or completeness.
This material and the opinions voiced are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine what is appropriate for you, please contact me directly or consult another qualified professional.
The testimonials/recommendations used may not be representative of the experiences of other clients, and they are not indicative of future performance or success.
Offices: 1950 Stonegate Dr, Suite 230, Birmingham, Alabama 35242, US · 675 Bering Dr, Suite 500, Houston, Texas 77057, US
Exceptional insurance solutions for the preservation and transfer of generational wealth.
Industry
Insurance
Company size
2-10 employees
Founded
2019
Headquarters
Birmingham, Alabama
LinkedIn followers
46
RockBridge Group is committed to strengthening client and advisor relationships through superior advice and tax-efficient solutions for the unique planning needs of families with generational wealth. An M Financial Member Firm, RockBridge is focused on delivering best-in-class analytics, design, and results with transparency, discretion, creativity and an eye to good stewardship.
Securities Offered Through M Holdings Securities, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. RockBridge Group is independently owned and operated.
Third-party posts found on this profile do not reflect the views of M Holdings Securities, Inc. nor its Associated Persons/Affiliates, and have not been reviewed by M Holding Securities as to accuracy or completeness.
This material and the opinions voiced are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine what is appropriate for you, please contact me directly or consult another qualified professional.
The testimonials/recommendations used may not be representative of the experiences of other clients, and they are not indicative of future performance or success.
Offices: 1950 Stonegate Dr, Suite 230, Birmingham, Alabama 35242, US · 675 Bering Dr, Suite 500, Houston, Texas 77057, US