Vice President, Asset Management
Amherst - Austin, Texas, United States, 78701
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Overview
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Overview
Austin, TX
Amherst is revolutionizing the way U.S. real estate is priced, managed and financed in order to unlock opportunities for all market participants. Driven by data, analytics, and technology, Amherst has a 20-year history of anticipating where the next risks and opportunities are likely to emerge and designing actionable strategies for investors to capitalize on opportunities across residential real estate, commercial real estate and public securities. Amherst, along with its affiliates and subsidiaries, has more than 900 employees, $5 billion under management and approximately $15 billion under advisement and oversight. The Amherst Residential platform provides a comprehensive suite of services to facilitate the ownership of single-family rental properties, including property management services, asset-level financing, and asset management services. With a deep understanding of and proprietary analytics on the single-family home and mortgage markets, Amherst's platform combines a unique combination of national scale with local market knowledge and execution. The Investments team oversees the investment strategy and asset management for Amherst's $15bn real estate portfolio and is looking for a Senior Manager who will work in a fast-paced environment, quantitatively driven environment, and is comfortable managing and streamlining various high impact projects and decisions across the portfolio. The Vice President of Asset Management & Acquisitions will lead and oversee a team of regional managers responsible for acquisitions, underwriting, and ongoing asset management of a portfolio of single-family homes. This strategic leadership role involves directing the end-to-end acquisition process, rigorous underwriting, and expense management to maximize portfolio growth, operational efficiency, and investor returns. The VP will collaborate closely with finance, operations, and executive teams to drive disciplined capital deployment and portfolio performance. Job Responsibilities: Lead, mentor, and manage a team of regional managers who handle acquisitions, underwriting, and asset management functions. Oversee the acquisition pipeline, ensuring thorough underwriting, market analysis, and risk assessment for each home acquisition. Develop and implement strategies for pricing, expense control, and asset optimization post-acquisition. Establish robust underwriting standards and ensure consistent application across regions. Drive portfolio growth by balancing acquisition volume with underwriting quality and operational execution. Partner with finance and operations teams to align acquisition and asset management strategies with financial goals and compliance requirements. Monitor portfolio performance, reviewing key metrics related to acquisition costs, expenses, and returns. Represent the asset management and acquisitions function in senior leadership meetings and investment committees. Desired Skills and Experience: 10+ years of experience in real estate asset management, acquisitions, underwriting, or related roles, including 5+ years managing teams Strong expertise in acquisitions process, underwriting methodologies, and expense management within single-family home portfolios Demonstrated ability to lead cross-functional teams and manage multiple regional operations Excellent analytical, negotiation, and decision-making skills Bachelor's degree in Finance, Real Estate, Business, or related field; advanced degree preferred. Candidate should be extremely detail-oriented and organized with a proven ability to work well in a high-intensity environment to complete tasks quickly and effectively Desire to work on a highly collaborative, fast paced team Key Attributes: Strategic leader with a hands-on approach to driving team performance and operational excellence. Strong collaborator, able to influence and align diverse teams toward common goals. Detail-oriented with a commitment to rigorous underwriting and disciplined capital allocation. Agile and proactive in a fast-evolving real estate market. What We Offer: Amherst is a privately held corporation located in Austin, TX with offices in Downtown Austin and East Austin. A competitive compensation package, annual bonus, 401k match Flexible PTO, 8 paid holidays Employer-paid benefits (medical, dental, vision, health savings account) Professional career development and reimbursement On-premise fitness center, locker rooms Daily catered lunches, fully stocked kitchen with snacks/drinks Relaxed casual environment and weekly/quarterly office events! Amherst is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply.