Sr. Asset Manager, Asset Management- (Hybrid) Baltimore or Bethesda jobs in United States
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Enterprise Community Partners · 16 hours ago

Sr. Asset Manager, Asset Management- (Hybrid) Baltimore or Bethesda

Enterprise Community Partners is a national nonprofit dedicated to making a good home possible for families in need. The Senior Asset Manager is responsible for driving property-level performance and maximizing the success of the multifamily portfolio, which primarily focuses on affordable housing across multiple jurisdictions.

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H1B Sponsor Likelynote

Responsibilities

Manage the financial and physical performance of the ECD portfolio in collaboration with property management, development, and resident services
Receive, review, and evaluate monthly financial statements and follow-up on variances
Review and approve annual operating budgets and capital expenditure plans
Review and approve non-routine expenditures
Conduct site visits and review property management systems
Develop strategic plans for underperforming communities and supervise execution of the plans by property management
Develop and update annual business plans for each community
Participate with the ECD development team in developing the scope of work and operating budgets for properties to be renovated/refinanced
Identify operational issues throughout design/construction/lease-up/stabilization phases of development and work with cross-functional project teams to devise solutions
Provide a leadership role in the transition of all properties from development to operations. Work with property management and development to ensure items such as security contracts, controlled access, video surveillance, and internet/video have been considered, and if appropriate, contracts/equipment are put in place
Establish a feedback loop with the development team to capture learnings from portfolio operations to inform future project design and development
Collaborate with property management and resident services on community development and resident relations
Identify, prioritize, and resolve physical and operating problems/issues with properties
Assist with property insurance related matters including claims reporting
Monitor property debt and the expiration of LIHTC compliance to identify opportunities for restructure, refinance or acquisition of limited partners’ interests
Coordinate with property management compliance staff to ensure affordable housing program reporting requirements are being met
Manage timely and accurate communications and reports with investors, lenders, government officials and others as required
Approve major contracts with third-party vendors
Complete accurate, timely internal reports
Monitor property operations, including weekly occupancy levels
Assist in resolving resident issues with property management and resident services
Review and approve property tax assessments and coordinate property tax appeals with local counsel. Approve real estate tax invoices for payment

Qualification

Multi-family real estateFinancial analysisLIHTC knowledgePortfolio managementBudgetingReal estate terminologyComputer skillsAnalytical skillsCommunication skillsOrganizational skillsProblem-solving skillsTeam collaboration

Required

Bachelor's degree or equivalent required, preferably in Business Management, Accounting, Finance or related field
Seven (7+) years multi-family real estate, finance, accounting, and/or asset management experience
Experience managing a portfolio of real estate, and familiarity with private financing and federal, state, and local government funding
Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines
Strong verbal communication and business writing skills
Ability to read, interpret, and analyze financial statements
Sound understanding of real estate terminology and concepts, including multi-family real estate; working knowledge of LIHTC required
Strong analytical skills
Strong computer skills with excellent MS Excel skills
Highly motivated and able to work independently
Excellent problem-solving skills
Must demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member to produce high-quality results

Preferred

Master's Degree in Real Estate, MBA or CPA

Benefits

Annual performance bonuses
Generous paid leave programs
Dental, health, and vision care plans
Family-building benefits, such as adoption and surrogacy support
Flexible work arrangements
Health advocacy
EAP, and mental health benefits
Financial education
Wellness programs
Auto-enrollment in the company's 401(k) plan with employer matching contributions
Learning and development opportunities, including tuition reimbursement for job-related courses and certifications

Company

Enterprise Community Partners

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Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one.

H1B Sponsorship

Enterprise Community Partners has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2021 (1)

Funding

Current Stage
Late Stage
Total Funding
$4.72M
Key Investors
Truist FoundationCommunity Development Financial Institutions Fund
2025-01-14Grant· $0.01M
2024-02-14Grant
2024-02-07Grant· $1M

Leadership Team

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Drew Warshaw
Chief Operating Officer
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Judi Kende
Senior Vice President & Chief Program Officer of Solutions
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Company data provided by crunchbase