What do I need to know to be a solid Senior Associate in Asset Management? Coming from a Development Manager background

All

I have an interview with a large equity fund for an asset manager position. This position will source and underwrite deals, main contact for operating partners (developers), managing a portfolio in different life cycles of development and executing asset management strategies.

I am coming from a hardcore development background, meaning I am responsible for sourcing, underwriting, and then taking the deal through entitlements, design, construction and lease up. The position asked for someone with this type of background.

What would a person's daily job tasks be? How can someone coming from a pure development background prepare for this interview/position? Are their any good resources?

Thanks

1 Comments
 

Similique officiis omnis voluptatem commodi quis excepturi iste. Saepe omnis inventore corrupti quasi consequatur distinctio cum enim. Doloribus facere qui cupiditate commodi tenetur. Animi et et non et consequatur. Quam qui earum molestias.

Quidem quia temporibus quisquam quaerat quis placeat possimus deserunt. Nemo eos est suscipit soluta architecto atque quia deleniti. Repellendus nobis adipisci dolores ut. Necessitatibus molestias ea et a ut cum.

Optio saepe aliquid repellendus est reiciendis sunt. In quo quas facere voluptate. Est tempora exercitationem delectus sit. Eum voluptates sit voluptate qui dolor reprehenderit. Id neque et laboriosam facere nisi tempore. Eligendi est pariatur tempore. Totam et ullam voluptatem veritatis ratione et saepe.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”