Asset Manager

• Base Pay $ - $ / Year
• Employee Type Full-Time Exempt

The information provided below encompasses the functions and capabilities linked with this position.

• Review monthly operating reports, financial statements, budgets, and utility consumption for assigned properties; identify performance trends and recommend corrective actions.
• Oversee annual property budget development, rent increase processes, contract renewals, and other recurring financial management activities.
• Review audited financial statements and coordinate timely financial reporting with internal and external partners.
• Monitor property cash flow, distributions, and overall financial performance.
• Analyze Year 15 Low-Income Housing Tax Credit (LIHTC) properties and coordinate Limited Partner acquisition strategies.
• Prepare reports, dashboards, presentations, and financial analyses for executive leadership, the Board of Directors, investors, lenders, and other stakeholders. Other duties as assigned.

• Ensure compliance with applicable affordable housing financing programs and regulatory requirements, including HUD, LIHTC, Section 8, PRAC 811/202, HOME, CDBG, OAHTC, and related programs.
• Maintain productive working relationships with third-party property management companies, lenders, investors, funding agencies, and regulatory partners.
• Interpret and administer partnership agreements, loan documents, regulatory agreements, and related legal documents.
• Manage and negotiate leases and lease renewals for group homes while monitoring lessee compliance and property maintenance.
• Ensure timely and accurate regulatory and financial reporting.

• Conduct property inspections and assess building conditions in collaboration with third-party specialists.
• Plan, coordinate, and oversee capital needs assessments, preventative maintenance planning, and capital improvement projects.
• Manage replacement reserve accounts, reserve transfer requests, and long-term capital planning.
• Develop and maintain relationships with contractors, consultants, and preferred vendors.
• Coordinate emergency repairs and ensure timely documentation and compliance with funding and regulatory requirements.

• Provide technical support in developing portfolio capital plans and budget strategies.
• Assist with departmental reporting, financial analysis, portfolio data management, and operational support.
• Prepare periodic reports for lenders, investors, and public funding agencies.
• Perform other duties as assigned.

• Knowledge of affordable housing asset management principles and best practices.
• Knowledge of affordable housing finance programs, compliance requirements, and regulatory reporting.
• Financial modeling, investment analysis, budgeting, and risk assessment skills.
• Ability to analyze complex financial and operational information and recommend practical solutions.
• Strong project management skills with the ability to manage multiple concurrent priorities.
• Ability to interpret financial, legal, and regulatory documents.
• Strong relationship-building skills with property management companies, contractors, lenders, investors, regulatory agencies, and community partners.
• Excellent written, verbal, and presentation communication skills.
• Advanced proficiency in Microsoft Excel, Outlook, Microsoft Office 365, and familiarity with property or asset management software.
• Ability to work independently while collaborating effectively across departments.
• Strong organizational, analytical, and problem-solving skills.
• Demonstrated commitment to diversity, equity, inclusion, and social equity in housing.

The following qualifications are required to perform the essential functions of this position.

• Bachelor's degree in Business Administration, Real Estate, Finance, or a related field; or an equivalent combination of education and experience.
• Minimum of four (4) years of experience in asset management, real estate development, affordable housing, or a related field.
• Experience in financial modeling, investment analysis, and risk assessment.
• Experience leading projects involving multiple stakeholders.
• Valid driver's license, reliable transportation, and the ability to travel frequently throughout the Portland metropolitan area.
• Strong written and verbal communication skills.

• Asset Management Specialist (AMS) or Certified Housing Asset Manager (CHAM) certification.
• Certified Property Manager (CPM) designation.
• Uniform Physical Condition Standards (UPCS) certification.
• Certified Associate in Project Management (CAPM) or Project Management Professional (PMP) certification.
• Experience managing multiple concurrent capital improvement projects.

• Prolonged periods of sitting while working at a computer.
• Frequent use of computers, keyboards, and standard office equipment.
• Ability to communicate effectively in person, virtually, and by…