Description

The Asset Manager – Affordable Housing will play a crucial role in assisting with asset refinancing or re-syndication. Working closely with the Senior Asset Manager, you will be instrumental in developing policies, processes, and procedures as the team expands. This role provides a unique opportunity to contribute to the growth and sustainability of affordable housing initiatives.

Company Culture and Environment

The working environment promotes collaboration and teamwork, encouraging open communication across various departments. Team members are expected to work together to achieve common goals, fostering a culture of shared success.

Career Growth and Development Opportunities

As an Asset Manager, you will have the chance to develop a comprehensive understanding of the affordable housing sector while participating in ongoing team efforts and projects, enhancing your professional growth and career advancement.

Detailed Benefits and Perks

While specifics on perks are not mentioned, the compensation package includes a competitive salary commensurate with experience, suggesting a commitment to recognizing employee contributions and fostering job satisfaction.

Compensation and Benefits

• Negotiable salary based on experience
• Comprehensive benefits package
• Performance-based bonuses

Why you should apply for this position today

This is an exciting opportunity to work within a leading development and management firm focused on affordable housing. You will have the chance to make a meaningful impact in the community while advancing your career in a supportive environment.

Skills

• Strong financial skills including budgets, financial modeling, and reporting
• Excellent communication and interpersonal skills
• Ability to evaluate physical needs and market conditions
• Proficiency in market analysis and quality assurance reviews
• Strong collaborative skills to work with various stakeholders

Responsibilities

• Communicate business plans to property management for asset refinancing, re-syndication, or sale
• Conduct periodic visits to assets
• Evaluate the physical needs of the community and provide recommendations
• Develop a comprehensive understanding of local rental markets
• Identify additional income-generating opportunities
• Assist in operations reviews and provide detailed reports
• Support property management of low-performing properties until stabilization
• Collaborate to ensure regulatory compliance
• Review first-year budgets to Proforma and provide variance summaries
• Participate in the annual budgeting process
• Perform financial statement reviews and physical needs assessments
• Communicate effectively with vendors, departments, agencies, investors, and lenders

Qualifications

• Bachelor’s degree in business, finance, or a related field is required
• 3+ years of experience managing affordable housing assets, including LIHTC
• Experience working for a syndicator is preferred
• Proven financial management skills

Education Requirements

• Bachelor’s degree in business, finance, or a related field

Education Requirements Credential Category

• Bachelor’s degree

Experience Requirements

• At least 3 years of relevant experience in managing affordable housing assets

Why work in Columbus, OH

Columbus is known for its vibrant culture, innovative business community, and a diverse range of recreational activities. The city offers a great quality of life with affordable living, excellent schools, and a strong job market. Columbus is also home to a range of attractions including parks, museums, and a thriving arts scene, making it an ideal place to live and work.