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Asset Manager

Roofstock
3 days ago
Full-time
On-site
Oakland, California, United States
Asset Manager

Roofstock sits at an interesting intersection: it's a technology company that happens to own the operational reality of single-family rental at scale. The Asset Management team is where those two worlds meet. If you've spent time optimizing NOI on a multifamily or SFR portfolio and you're comfortable moving between a lender tape deliverable and a regional leasing strategy meeting in the same afternoon, this role is worth a close look.

The day-to-day here is genuinely varied. You might start the morning reviewing T-12 performance on a recently acquired market cluster, flag a delinquency trend that's dragging NOI, and spend the afternoon in a regional market meeting pushing on turn cycle times and renewal conversion rates. Hold-sell analysis on underperforming assets, rent underwriting on new acquisitions, budget-to-actual variance reviews , this is a high-volume analytical role, not a portfolio oversight role where you're simply reading reports others produced.

You'll work directly with Mynd, Roofstock's property management platform, which means you have real operational levers to pull. When occupancy slips in a market or concessions are creeping up, you're not sending a note to a third-party manager and waiting. You're in the data, running the analysis, and influencing the decision. That's a meaningful distinction from traditional fee management asset roles where the PM relationship is arm's-length.

What separates strong candidates here isn't just Excel fluency , it's the ability to hold a macro view of a market (rent trends, absorption, cap rate movement) while simultaneously drilling into property-level variance. Institutional partners expect both. You'll produce quarterly performance packages for those partners, so your written communication has to hold up under scrutiny from sophisticated investors, not just internal stakeholders.

What You'll Need

  • 3 to 5 years of asset management experience with multifamily or SFR portfolios
  • Strong Excel modeling skills, specifically with large datasets and ad hoc KPI reporting
  • Experience with budget development and budget-to-actual trend analysis
  • Comfort working with institutional investors and translating operational data into investor-facing deliverables
  • Familiarity with revenue management strategy, rent underwriting, and capex evaluation
  • A bachelor's degree or equivalent relevant experience
  • Ability to work a hybrid schedule out of the Oakland office on Tuesdays and Thursdays, with roughly 10% travel for market visits

Career trajectory from this seat is solid. Asset managers who build deep SFR fluency at a platform like Roofstock tend to move into Director-level asset management, acquisitions strategy, or institutional investor relations , three paths that are increasingly in demand as build-to-rent and single-family rental at institutional scale continue to grow. The exposure to both retail and institutional investor types here is an asset that doesn't come from most single-portfolio roles.