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> PORTFOLIO DIRECTOR

About Romano Capital

At the heart of our organization lies a commitment to preserving capital and building wealth in every fund, loan, and project. Our mission is to deliver positive risk-adjusted returns in real estate, driven by a vision to become the trusted leader in real estate investments within our targeted markets. We are dedicated to consistently delivering value and prosperity to our investors, regardless of changing market conditions. Our philosophy is deeply rooted in four core values: an investor-centric approach, comprehensive risk mitigation, transparency, and ethical conduct. By aligning our investment management with our investors’ goals, utilizing strategic risk management, maintaining open communication, and upholding the highest standards of professionalism and integrity, we strive to ensure the resiliency and success of our investments.

Job Summary

The Director of Portfolio Management will manage all residential and commercial properties owned by the Romano Capital family ofcompanies. This will include single family, multi-family and commercial properties throughout SW Washington and the Portland, Oregon metro area. The Director of Portfolio Management will be responsible for managing brokerage, HOA, and property management relationships for each project and ensuring we meet proforma targets for lease up and operation of new and existing projects. Qualified applicants will have strong financial and analytical skills, with the ability to review and understand financial statements and create/monitor operating budgets for each property. The Director of Portfolio Management must also have established operational acumen for Clark County residential and commercial real estate. 

Supervisory Responsibilities

As the organization grows the Director of Portfolio Management will be responsible for staff supporting the management of the portfolio. Projected to manage 1-3 individuals over the next 2-3 years.

Duties / Responsibilities

·        Manage broker relationships and develop key tenant relationships.

·        Work with VP of Investments to develop strategies for overall portfolio management and performance.

·        Maintain an in-depth knowledge of:

o   Leasing laws for residential and commercial properties in Oregon and Washington.

o   Competing projects and rates within this market.

o   Deep understanding of local market trends for assets within the portfolio.

·        Strong financial and analytical skills, with the ability to review and understand financial statements and create/monitor operating budgets for each property.

·        Ability to negotiate with external property managers on contracts.

·        Assist development and finance departments with data for proformas on future projects.

·        Weekly or Bi-Weekly onsite tours to ensure projects are being maintained according to Romano standards and projects are set up for high probable returns.

·        Prepare and present a monthly financial package to owners on the performance of each asset within the portfolio, as well as external sources.

·        Work with financing team as needed to provide all documents required by lenders in a timely fashion.

·        Maintain an open line of communication on status of project to ensure key deadlines are met and any issues are addressed quickly.

·        Other duties as assigned.

Required Skills / Abilities

·        Highly detailed, results oriented team player who can work with various internal and external parties to ensure the successful lease up and strong ongoing financial performance for all assets within the portfolio. Executive with analytical skills, forecasting expertise, strong market knowledge, and the ability to analyze financial statements.

·        Project performance for 500-2000 units over multiple projects.

·        Must possess a valid driver’s license and an appropriately insured vehicle.

·        Strong understanding of Microsoft Office suite of products.

·        Minimum five years of direct real estate asset management or commercial brokerage experience including commercial, residential, and multifamily projects.

Education & Experience

·        Bachelor’s degree in business or equivalent field such as finance, accounting, business, economics, ect.

·        MBA, MRED, or MSRE preferred.

·        Commercial brokerage license preferred.

·        Minimum of 5 years Portfolio Management experience with a focus on multi-family projects.

·        Real Estate Asset Management Certifications a plus.

Romano Capital’s Culture

·        Ethical Conduct: We uphold professionalism and honesty in everything we do.

·        Servant Leadership: We support, empower, and enable the success of others; demonstrate responsibility towards the growth and improvement of every team member.

·        Continual Improvement: We embrace learning from mistakes and prioritize progression before perfection.

·        Stewardship: We fulfill our duty towards investors by safeguarding their investments and swiftly addressing any issues.

·        Enjoyment and Culture: We foster a flat organizational structure with open communication, trust, and a balance between work and leisure.  We prioritize respect and compatibility among team members.

·        Collaboration: We refine processes, encourage teamwork, and leverage collective intelligence to achieve superior results.

·        Entrepreneurial Spirit: We embrace adaptability and innovation to stay nimble in a changing market landscape.

·        Fiduciary Responsibilities: We execute tasks with precision while remaining flexible to adapt to evolving market conditions.

·        Community Responsibility: We enhance the community through ethical employment practices, responsible lending, and respectful engagements.

·        Family Values:  We prioritize relationships and the well-being of employees.

 

Physical Requirements

·        Prolonged periods of sitting at a desk and working on a computer.

·        Must be able to lift up to 15 pounds at a time.

·        Must be able to drive a vehicle, possess a current valid driver’s license, proof of insurance and a clean driving record.

·        Must have the ability to speak, hear, and see to observe and detect emergency situations.

·        Must be able to walk on job sites under construction as well as finished projects unassisted.

Benefits

·        401k company match plan

·        Health benefits package (including voluntary vision & dental) 

·        8 company paid holidays

·        Sick leave 

·        3 weeks (120 hours) of PTO

·        Onsite flexible work schedule

Compensation Range

$110,000 – $150,000 plus performance bonus 

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