Director of Asset Management

East Bay Asian Local Development Corporation

$135K — $150K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in real estate asset management or related fields
  • Strong understanding of affordable housing financial and operating models
  • Proven financial analysis capabilities
  • Experience in supervising and mentoring professional staff
  • Ability to balance strategic oversight with attention to detail
  • Exceptional collaborative skills with a focus on problem solving

Responsibilities

  • Lead and develop a cross-functional asset management team
  • Oversee financial performance of property portfolios including budgets and forecasts
  • Identify and act on risks and opportunities within the portfolio
  • Collaborate with various internal teams on complex asset issues
  • Manage obligations with lenders, investors, and regulatory bodies
  • Support strategies related to refinancing and property repositioning
  • Enhance systems and processes for effective portfolio management

Benefits

  • Engagement with a mission-driven organization focused on community impact
  • Opportunity to shape sustainable asset management practices
  • Collaboration with a dedicated and skilled team
  • Potential for professional growth and development
  • Involvement in long-term, impactful housing initiatives
Full Job Description
In this role, you'll:
  • Lead and develop a team that includes a Senior Asset Manager, Residential Facilities Liaison and Portfolio Financial Analyst,
  • Oversee financial and operational performance across the portfolio, including budgets, forecasts, cash flow, reserves, and key performance indicators.
  • Proactively identify risks, opportunities, and underperforming assets and drive action toward resolution.
  • Partner across Property Management, Real Estate Development, Finance, Resident Services, and other teams on complex portfolio issues.
  • Ensure lender, investor, partner, and regulatory obligations are effectively managed.
  • Support broader portfolio strategies, including refinancing, recapitalization, resyndication, and repositioning.
  • Strengthen systems, reporting, and processes that support effective portfolio oversight and decision-making.

We're looking for someone who brings:
  • Significant experience in real estate asset management, portfolio management, or real estate finance.
  • Strong knowledge of affordable housing and its financial and operating structures.
  • Excellent financial analysis and problem-solving skills.
  • Experience supervising and developing professional staff.
  • The ability to see the big picture while knowing when to dig into the details.
  • Strong judgment, collaboration, and the ability to move complex issues forward.

Why This Role Matters
EBALDC's real estate portfolio represents more than a collection of properties-it represents a long-term commitment to the communities we serve. Strong asset management helps ensure that our properties remain financially sustainable, well-positioned for future investment, and able to continue serving residents and communities for generations.
The Director of Asset Management plays a critical role in that stewardship. Working in partnership with the Vice President of Asset Management, this position ensures that our portfolio strategy is supported by disciplined execution, strong financial oversight, proactive risk management, and a high-performing Asset Management team.

Compensation
The salary range for this position is $135,000-$150,000 annually. Placement within the range will be based on relevant experience, skills, and qualifications.

Ready to apply? If you're a collaborative leader who is excited about using your asset management expertise to strengthen the long-term sustainability of affordable housing and support communities for generations to come, we'd love to hear from you.

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