VP - Portfolio Management

$125,000 - $140,000 yearly
Full time LIHTC Syndicator

Job Description

Reporting to the Director of Portfolio Management, the Portfolio Manager will be responsible for interacting with developers and investors regarding all asset management functions.

His/her responsibilities will include:

·         All functions related to the management of a portfolio of affordable housing tax credit assets, including properties in the following lifecycles: construction, pre-stable, stable and watchlist.  Functions include: construction monitoring, calculating tax credit adjusters, lease up monitoring, tax credit compliance (in conjunction with in-house expert), facilitating permanent loan conversions, review of financial data (including budgets, monthly & quarterly financial results, and annual audits & tax returns), insurance monitoring (in conjunction with third party monitoring firm), etc.;

·         Preparation of property reports for internal and investor purposes;

·         Performing real estate site visits;

·         Overseeing capital contributions for assigned properties; and

·         Contributing to the company’s efforts with fulfillment of its proprietary database.

 

Job Qualifications and Competencies:

 

·         Bachelors Degree in Finance, Real Estate, Accounting or other relevant areas of study is preferred;

·         Minimum five years directly related experience;

·         Affordable Housing Tax Credit experience and expertise;

·         Proficiency in Microsoft Office, including Excel;

·         Excellent communication, decision making, analytical, organizational and interpersonal skills.

·         Capable of working independently within an overall asset management group;

·         Attention to detail, thorough and results driven; and

·         Commitment to Company Core Values