Senior Asset Manager

Wallick Careers

$80K — $100K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, or equivalent education and experience
  • 5+ years of experience in Real Estate Asset Management or a related analyst role
  • Strong understanding of accounting and real estate finance
  • Ability to read and analyze financial reports, partnership and loan documents
  • Experience applying advanced financial and mathematical concepts to evaluate business decisions
  • Knowledge of affordable housing laws and regulations is a plus
  • Proven decision-making skills that influence property and organizational outcomes

Responsibilities

  • Manage a portfolio of high-impact properties and execute turnaround plans
  • Mentor and develop a team of asset managers, analysts, and interns
  • Lead development of policies and procedures for Portfolio & Asset Management
  • Review and approve operating and financial plans for properties
  • Analyze financial statements to identify growth opportunities
  • Conduct annual inspections to assess property conditions
  • Collaborate with Affordable Housing Operations to enhance property performance
  • Strategically plan capital expenditures to boost asset value
  • Oversee loan processes from negotiation to post-closing
  • Act as the Owner's representative engaging with lenders and stakeholders
  • Support property dispositions related to LIHTC transactions
  • Evaluate and onboard new properties as part of the Acquisition Team
  • Foster a culture of continuous improvement and innovation

Benefits

  • Opportunity to influence high-impact property management
  • Ability to mentor and grow a team in a fast-paced environment
  • Engagement with diverse stakeholders in the affordable housing sector
  • Chance to lead policy development in Asset Management
  • Exposure to strategic decision-making and financial analysis
  • Collaborative work culture focused on performance and profitability
  • Involvement in innovative projects to improve business efficiency
Full Job Description
Description

Sr. Asset Manager

Location: Wallick Communities Corporate Office (New Albany, OH)
Job Type: Full-Time

What You'll Do
  • Manage a portfolio of our most challenging, high-impact properties, crafting and executing turnaround plans with measurable success.
  • Mentor and develop a high-performing team of asset managers, analysts, and interns.
  • Lead policy and procedure development for Portfolio & Asset Management (PAM).
  • Review and approve strategic, operating, and financial plans for each property, ensuring alignment with overall business objectives.
  • Analyze financial reports, tax returns, and audited statements to identify opportunities for growth and improved performance.
  • Conduct annual on-site inspections to assess physical conditions and recommend improvements.
  • Collaborate closely with Affordable Housing Operations to identify and execute strategies that maximize property performance and profitability.
  • Strategically plan capital expenditures and reserves to enhance asset value and marketability.
  • Identify and manage debt restructuring opportunities and oversee loan processes from negotiation to post-closing.
  • Act as the Owner's representative when engaging with lenders, syndicators, regulatory agencies, and other key stakeholders.
  • Support property dispositions and exits of Limited Partners related to LIHTC transactions.
  • Actively participate on the Acquisition Team in evaluating and onboarding new properties.
  • Seek out innovative, more efficient ways of doing business and encourage a culture of continuous improvement and open communication.


What We're Looking For
  • Bachelor's degree in Business, Finance, or equivalent education and experience.
  • 5+ years of experience in Real Estate Asset Management or a related analyst role.
  • Strong understanding of accounting and real estate finance.
  • Ability to read and analyze financial reports, partnership and loan documents, and make strategic recommendations.
  • Experience applying advanced financial and mathematical concepts to evaluate business decisions.
  • Knowledge of affordable housing laws and regulations is a plus.
  • Proven decision-making skills that influence property and organizational outcomes.


If you're ready to make a difference in people's lives while securing your financial future, apply today!

*Employment is contingent upon passing a pre-employment background check and drug screen

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