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Asset & Portfolio Manager

Job in Providence, Providence County, Rhode Island, 02912, USA
Listing for: Sojourner House
Full Time position
Listed on 2026-02-12
Job specializations:
  • Management
    Operations Manager, Program / Project Manager, Property Management
Salary/Wage Range or Industry Benchmark: 75000 - 85000 USD Yearly USD 75000.00 85000.00 YEAR
Job Description & How to Apply Below
Position: Housing Asset & Portfolio Manager

Reports To: Senior Director of Operations

Employment Type: Full-Time;
Exempt

Location: Providence, Rhode Island (Office with regular on-site presence at housing properties)

Compensation: $75,000 - $85,000 annually, commensurate with experience. Eligible for employee benefits, including accrued vacation/sick/personal, paid holidays, health & dental insurance, life insurance, long-term disability insurance, professional development opportunities, and a 401(k) plan.

About Us: Sojourner House is a dynamic, mission-driven organization dedicated to providing housing and support services to survivors of domestic violence, sexual assault, and human trafficking. As we continue to grow, we are seeking a strategic, innovative, and results-driven leader to shape and advance our institutional funding, program strategy, and impact measurement efforts.

Position Summary: The Housing Asset & Portfolio Manager is responsible for the long‑term stewardship, performance, and sustainability of Sojourner House’s housing portfolio. This role provides consistent oversight of existing properties while leading capital rehab projects and supporting early‑stage development and acquisition feasibility.

The position bridges asset management with development‑adjacent execution, ensuring housing assets remain safe, financially viable, compliant, and mission‑aligned — while positioning the organization for thoughtful growth over time.

Position

Purpose:

This role exists to move the organization from reactive property management to proactive, strategic asset stewardship. By owning portfolio assessment, capital planning, and rehab execution, the Housing Asset & Portfolio Manager creates durable internal capacity that supports funding readiness, compliance, and long‑term sustainability.

Core Responsibilities

A. Capital Project Delivery (Owner’s Representative)
  • Serve as Owner’s Representative for capital rehab projects (e.g., Willow Cottage).
  • Define scopes of work (SOW), budgets, schedules, and quality standards.
  • Vet, procure, and manage general contractors and key vendors.
  • Monitor construction progress and verify completed work prior to invoice approval.
  • Manage change orders, timelines, and budget risks.
  • Ensure rehab outcomes are trauma‑informed, safe, and appropriate for residents.
  • Conduct portfolio‑wide property condition assessments.
  • Develop and maintain a Capital Needs Assessment (CNA) covering a 10–15 year horizon.
  • Create a replacement reserve strategy aligned with lifecycle planning.
  • Establish preventative maintenance frameworks in coordination with Facilities.
  • Monitor deferred maintenance risk, compliance exposure, and asset performance.
  • Support decisions related to reinvestment, major rehab, repositioning, or decommissioning.
C. Compliance, Permitting & Inspections
  • Serve as the primary owner for all permit‑required work, including coordination with municipal departments (Building Department, Fire Marshal, electrical/plumbing/HVAC inspectors).
  • Manage and track all capital and permit‑related inspections, including CO/TCO approvals tied to rehab or capital projects.
  • Maintain organized records of permits, inspection reports, approvals, and compliance documentation.
  • Coordinate closely with the Facilities Foreman to ensure clear separation between daily operations / non‑permit work and capital or permit‑required work.
  • Support long‑term compliance planning as part of overall asset and portfolio strategy.
D. Development & Acquisition Feasibility (Development‑Adjacent)
  • Perform site walks and provide rough‑order‑of‑magnitude (ROM) rehab cost estimates.
  • Conduct pre‑development feasibility and financial analysis.
  • Build or contribute to pro‑formas evaluating long‑term sustainability.
  • Support leadership with data‑driven recommendations on potential opportunities.
  • Track and monitor the housing and development environment, elevating relevant trends or signals to leadership to support future housing and portfolio strategy.
  • Align capital planning with funding and grant opportunities.
  • Support identification and pursuit of capital and rehab funding in coordination with Grants leadership.
  • Ensure funding requests are grounded in CNA findings and documented asset priorities.
  • Tr…
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