Senior Asset Manager

About the role

The Senior Asset Manager is responsible for overseeing a sub-portfolio of TNDC properties, ensuring they meet financial, physical, and social goals and standards. Key responsibilities include financial performance monitoring, property watch listing, and physical condition assessment.

Responsibilities

• Establish and monitor financial performance standards for the portfolio.
• Maintain financial data integrity and prepare long-term cash flow projections.
• Contribute to property watch listing and identify asset-specific solutions.
• Ensure portfolio meets physical quality standards.
• Manage capital improvement projects and oversee pre-construction and change order control.
• Assist in establishing decarbonization and resilience targets for the portfolio.
• Review and manage property-level data in Yardi (or equivalent).
• Prepare and administer loan and equity agreements post-closings.
• Administer compliance with third-party requirements and city monitoring obligations.
• Provide timely information to and maintain relationships with lenders, investors, and government agencies.
• Support new project hand-offs from development to asset management and operations.
• Recommend management plans that align with owner's asset management goals.
• Participate in the creation of initial operating budgets and project designs.
• Prepare quarterly and annual dashboards and memos for Board/Finance Committee and LPs.
• Perform other related duties as required.

Requirements

• Four-year college degree.
• Five years of direct experience in non-profit owner asset management as a full-charge asset manager.
• Intermediate knowledge of MS Excel, Word, and Outlook.
• Intermediate knowledge of property management software or accounting software.
• Graduate degree or professional certificates may substitute for experience.
• Two years of experience in quantitative analysis.
• Sound judgment, excellent analytical and problem-solving skills.
• Strong time management skills.
• Sensitivity to a diverse, low-income, multi-ethnic population.
• Intermediate knowledge of property management software or accounting software.
• Training or experience in Housing Development and/or Tax Credit programs.
• Professional certification related to housing development, property or asset management.

Qualifications

• Ability to comprehend and correctly use informational documents including budgets, financial reports, occupancy reports, bids, contracts, and meeting minutes.
• Ability to prepare policies, procedures, compliance reports, investor/owner reports, and correspondence.
• Ability to communicate effectively with coworkers and staff at all levels, residents, government officials, both verbally and in writing.
• Intermediate knowledge of MS Excel, Word, and Outlook.
• Intermediate knowledge of property management software or accounting software.
• Training or experience in Housing Development and/or Tax Credit programs.
• Professional certification related to housing development, property or asset management.