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

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.

The Senior Asset Manager plays a critical role in driving property‑level performance and maximizing the overall success of the ECD multifamily portfolio. This portfolio is primarily affordable housing and spans multiple jurisdictions, including Washington, DC, Maryland, Pennsylvania, and Virginia, with complex financing and compliance structures.

This position will work with external and internal customers and must have strong communication and writing skills, in addition to strong quantitative skills, and the ability to read, interpret and analyze financial statements for multi‑family real estate ventures.

• 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.