Asset Manager – Affordable Housing Investments

This is a fully remote position, open to applicants in Florida.

📋 Description

• Manages the investment properties assigned to their respective portfolio.

• Conducts site visits to assess the physical conditions and management practices of LIHTC properties.

• Proactively gathers reports and documentation required by various upper and lower tier agreements.

• Develops and executes strategies to navigate obstacles that may hinder timely delivery.

• Identifies partnerships that necessitate Watchlist status and formulates strategies to resolve all pertinent issues.

• Reviews and monitors quarterly operational reports, evaluating Partnership performance against pre-established standards and key indicators.

• Cultivates and sustains relationships with all stakeholders involved.

• Demonstrates market and investment acumen when engaging with partners and investors.

• Provides analytical support to general partners and management companies aimed at enhancing profitability and mitigating risk.

• Offers advisory and support services to promote the improvement and expansion of new business ventures.

• Maintains an up-to-date and comprehensive record of property activities within the RJAHI portfolio management system.

• Underwrites deal modifications proposed by partners, delivering detailed written analyses and recommendations to RJAHI investment committee members and investors.

• Prepares necessary reports for investors and developers.

• Participates in and leads initiatives related to team objectives.

⛳️ Requirements

• Bachelor’s Degree (B.A.) in a related field with a minimum of four (4) years of relevant real estate experience, including physical property site inspections and financial statement analysis.

• MBS or MRE designation is preferred.

• Housing Credit Certified Professional (HCCP) certification from the National Association of Home Builders (NAHB).

• Completion of the Securities Industry Essentials Exam (SIE) from the Financial Industry Regulatory Authority (FINRA).

• Tax Credit Specialist (TCS) certification from the National Center for Housing Management (NCHM).

🏝️ Benefits

• Medical, dental, and vision coverage.

• Life insurance.

• Critical illness and accident insurance.

• Disability benefits.

• Retirement savings plan.

• Paid time off, including vacation, holidays, and sick leave.

• Parental leave.