Enterprise Community Partners

Senior Asset Manager - National Field Operations

Enterprise Community Partners$105K — $128K *
US-Anywhere
+ 22 other locationsRemote
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Industry relevant undergraduate degree and/or CPM® Certification, HCCP Certification, or other relevant designations.
  • 5+ years of experience in real estate operations, particularly in LIHTC or related fields.
  • Strong understanding of affordable housing and Low Income Housing Tax Credit program regulations.
  • Familiarity with various subsidy and grant programs such as HOME, Section 8, and others.
  • Excellent real estate financial and analytical skills, including underwriting and performance analysis.
  • Proven ability to lead diverse stakeholder groups through complex project discussions.
  • Strong negotiation skills with a focus on win-win outcomes.
  • Ability to work independently and handle multiple competing deadlines.

Responsibilities

  • Identify and prioritize issues by analyzing performance data and root causes through financial analysis.
  • Facilitate communication between teams to resolve issues and meet customer requests.
  • Consolidate cross-departmental analysis to create a unified message for stakeholders.
  • Engage with area Originators and Underwriters to enhance insights and industry expertise.
  • Develop SMART plans that ensure proactive resolution of issues and requests.
  • Conduct partner meetings to build relationships, understand organizational structures, and discuss industry insights.
  • Perform portfolio site visits to assess risks and provide actionable recommendations.

Benefits

  • Comprehensive health, dental, and vision care plans.
  • Family-building benefits, including adoption and surrogacy support.
  • Flexible work arrangements promoting work-life balance.
  • Employee Assistance Program (EAP) and mental health benefits.
  • Financial education and wellness programs available.
  • 401(k) plan with employer matching contributions.
  • Tuition reimbursement for job-related courses and certifications.
Full Job Description
Job Description Summary
The Senior Asset Manager, National Field Operations position will provide front line relationship management for a specified portfolio of LIHTC projects. The position is responsible for actively managing risks, analytical problem-solving, strategic engagement with the stakeholders of their portfolio of assets with a high degree of customer service, while gathering and sharing information from a diverse array of markets and programs. This position can be located remotely, but there is a preference for the Asset Manager to be in the Pacific, Mountain or Central time zones.

Job Description

Responsibilities
  • Actively identify and prioritize issues through proactive involvement and problem solving by analyzing performance data, identifying issues and their root causes through in-depth financial analysis and leveraging stakeholder relationships.
  • Facilitate inter-company communication between cross-functional teams and coordinate their expertise to champion issue resolution and customer requests, with a focus on adding value for both the Sponsor and Investor.
  • Consolidate various departments' centralized analysis to communicate an encompassing message to our stakeholders.
  • Proactively interact with area Originators and Underwriters to gain insights into markets, partners, the LIHTC industry and how Asset Management can add value and share expertise between departments.
  • Develop Specific, Measurable, Achievable, Realistic and Timely (SMART) plans to ensure issues and requests are proactively ushered towards resolution.
  • Conduct partner meetings with stakeholders (largely GP's and Sponsors) to: establish relationships with key players, better understand their organizational structure, identify primary business lines and their development pipeline, inquire about market influences and lessons learned, discuss regulatory policy changes, changes in sponsor policy and procedures, and shed light on any potential issues/concern.
  • Conduct portfolio site visits to assess physical and compliance risks and make recommendations for improvement. Be a resource to provide thoughtful and informed recommendations based on experience, pulling in various teams/departments for participation when appropriate, and clearly understanding and articulating the benefit to the Partnership of recommendations.

Qualifications
  • Industry relevant undergraduate degree and/or CPM® Certification, HCCP Certification, or other industry recognized designations/certification/license.
  • 5+ years of real estate operations / LIHTC or other relevant industry experience.
  • A broad understanding of affordable housing and ability to understand the details of, and advise others in, Low Income Housing Tax Credit program regulations.
  • Familiarity with various subsidy and grant. programs such as HOME, Section 8, SRO, NAHASDA, HOPWA, VA and Continuum of Care.
  • Strong real estate financial and analytical skills, including underwriting/deal structure, comparative analysis, audit review and identification of underlying performance issues.
  • The ability to lead groups of diverse stakeholders (GP/PM/legal counsel/state agencies, investors) through project level discussions.
  • Strong negotiation skills with demonstrated ability to work through complex issues, not only understanding our goals, but also acknowledging the goals of the person with whom we are negotiating, determining their motive(s) and minimum needs, and negotiating for a win-win outcome.
  • Ability to work independently and multi-task with competing deadlines during peak reporting times.
  • Possess critical thinking skills, offering opinions and a decisive course of action based on analysis of the fact set, drawing on internal staff across the department and/or business lines to support final recommendation.
  • Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member across Asset Management and Enterprise.
  • Seeks opportunities to improve current systems/processes/tools, understanding that innovation is valued in our culture.
  • Able to travel to and throughout multiple Enterprise properties.'
  • Able to walk properties in inclement weather.


Salary Transparency

You will be joining a team of talented professionals motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family. The pay range for this position is $105,000 - $128,000. The salary range represents the low and high end of what may be paid for this position. It is not typical for an individual to be hired at or near the top of the pay range, and compensation decisions may be influenced by a variety of factors, including skills, qualifications, experience, and location.

Total Rewards at Enterprise

This range is just one component of our total rewards package, which also includes annual performance bonuses and generous paid leave programs.

Our benefits form a major part of the total rewards package. These include dental, health, and vision care plans, as well as family-building benefits such as adoption and surrogacy support. Enterprise supports flexible work arrangements to promote work-life balance and offers health advocacy, an Employee Assistance Program (EAP), and mental health benefits. We round out our package with financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions.

Finally, you will have access to learning and development opportunities, including tuition reimbursement for job-related courses and certifications.

About Enterprise Community Partners

Enterprise Community Partners is a nonprofit organization that provides affordable housing and community development services across the United States. They work with partners to finance, build, and advocate for affordable housing and community development in order to create opportunity for low- and moderate-income individuals and families. Enterprise Community Partners has invested over $43 billion in affordable housing and community development, creating or preserving over 662,000 affordable homes. They also provide technical assistance, training, and policy support to help their partners create and sustain healthy communities.
Learn more about Enterprise Community Partners
Size
600 employees
Industry
Founded
1982

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