VP - Portfolio Management

$120,000 - $140,000 yearly

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