Multifamily LIHTC Asset Manager Senior Associate

1 month ago

Philadelphia, United States Fannie Mae Full time

Job Description

The Low Income Housing Tax Credit (LIHTC) Asset Manager will be responsible for the post-closing management activities of an equity portfolio.  This position acts largely as the relationship manager with syndicator partners in the on-boarding, development, construction and operation of LIHTC investments.  Responsibilities include receipt and analysis of regular investment reporting by syndicator partners, performing risk assessments of investments, markets, and partners, and managing corrective strategy when showing early warning signs of performance issues.  This position will transition newly acquired assets into the portfolio, addressing modifications during the term of the investments, and disposing of assets.

THE IMPACT YOU WILL MAKE
The Multifamily LIHTC Asset Manager Senior Associate (Hybrid) role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

  • Own and manage the relationship with syndicator partners in the development, construction and operation phases of LIHTC investments.
  • Analyze Multifamily portfolio data, counterparties, markets, legal agreements/terms, financial statements, and cash flows. Identify trends and draw reasonable conclusions from examination of data and other sources of information.
  • Resolve problems. Source and analyze information to develop recommendations. Present position to management and external stakeholders to mitigate financial and credit risk in a clear, concise and compelling manner.
  • Ensure data quality and integrity.  Assist in the automation of asset management data.
  • Improve processes to monitor and communicate credit risk within the team and across the Multifamily organization.
  • Lead and support the development of action plans for non-routine project-based work including regulatory and internal audit activities.
  • Maintain Fannie Mae training schedule. Actively focus upon personal development aligned with Fannie Mae leadership criteria for Associate that complements business unit goals.
  • Assist with ad hoc assignments as needed.
Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

  • 2 years related experience
  • Knowledge of the Multifamily market including LIHTC Asset Management, affordable housing finance, real estate finance, transactions and structures, legal contracts (partnership agreements), loan documents, third-party reports (audits, appraisals, needs assessments), cap rates, and credit analysis
  • Knowledge of and experience with commercial multifamily real estate markets and property types specifically with a focus on the Low Income Housing Tax Credit business
  • Experience managing Multifamily LIHTC / Equity assets
  • Excellent written and verbal communication skills. Experience communicating complex ideas and processes to colleagues and stakeholders
  • Strong interpersonal and influencing skills, ability to deal with multiple business units within the Multifamily organization, strong customer relationship management skills
  • Self-motivated team player who has strong work ethic and demonstrates attention to detail
  • Ability to prioritize in a fast-moving environment with excellent management and business literacy skills
  • Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes
  • Sound analytical skills
  • Ability to navigate multiple systems, manage data and create reports
  • Skilled in Microsoft Office suite of products, particularly Excel
  • Ability to travel occasionally


Desired Experiences

  • Bachelor’s degree in Finance, Economics, Accounting or related field preferred or equivalent is preferred
  • Multifamily acquisition and disposition experience is a plus
  • Experience with equity or debt portfolio management software/systems (e.g. MRI, Salesforce, Yardi, etc.)

Additional Information

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.
 

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee’s physical, mental, emotional, and financial well-being. See morehere.

PandoLogic. Keywords: Asset Manager - Multifamily, Location: Philadelphia, PA - 19122 , PL: 594291284

  • Multifamily LIHTC Asset Manager Senior Associate

    6 days ago

    Philadelphia, Pennsylvania, United States Fannie Mae Full time

    Job DescriptionFannie Mae is seeking a highly skilled Multifamily LIHTC Asset Manager Senior Associate to join our team. As a key member of our organization, you will be responsible for the post-closing management activities of our equity portfolio.Key ResponsibilitiesRelationship Management: Act as the primary point of contact with syndicator partners,...

  • Asset Management Associate

    3 months ago

    Philadelphia, United States Hersha Hotels & Resorts Full time

    PositionSenior Analyst/Associate, Asset ManagementHersha Hotels and ResortsPhiladelphia, PACompany DescriptionHersha Hotels and Resorts, a KSL Capital portfolio company, owns and operates luxury and lifestyle hotels in urban gateway and regional resort markets. The Company’s 23 hotels totaling 3,572 rooms are located in New York, Washington, DC, Boston,...

  • Asset Management Associate

    3 months ago

    Philadelphia, United States Hersha Hotels & Resorts Full time

    PositionSenior Analyst/Associate, Asset ManagementHersha Hotels and ResortsPhiladelphia, PACompany DescriptionHersha Hotels and Resorts, a KSL Capital portfolio company, owns and operates luxury and lifestyle hotels in urban gateway and regional resort markets. The Company’s 23 hotels totaling 3,572 rooms are located in New York, Washington, DC, Boston,...

  • Senior Financial Risk Management Leader

    6 days ago

    Philadelphia, Pennsylvania, United States Aegon Asset Management Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Financial Risk Management Leader to join our team at Aegon Asset Management. As a key member of our risk management function, you will be responsible for providing strategic leadership and guidance on financial risk management across the organization.Key ResponsibilitiesDevelop and...

  • Senior Tax Associate, Asset Management

    4 days ago

    Philadelphia, Pennsylvania, United States KPMG Full time

    About the RoleWe are seeking a highly skilled Senior Tax Associate to join our Business Tax Services practice at KPMG. As a key member of our team, you will play a critical role in delivering exceptional tax services to our clients.Key ResponsibilitiesSupport Tax Managers and Partners in the day-to-day management of client portfoliosTake responsibility for...

  • Director of Asset Management

    2 weeks ago

    Philadelphia, United States HHM Hotels Full time

    Overview Opportunity: Director of Asset Management HHM Hotels has a stable and growing investment portfolio of approximately 30 hotels. In addition, HHM operates over 235 hotels across the United States and Canada. It provides turnkey hotel management, investment, and asset management for properties with leading brand affiliations through Marriott, Hilton,...

  • Senior Technology Strategist for Global Asset Management

    6 days ago

    Philadelphia, Pennsylvania, United States Macquarie Bank Limited Full time

    About the RoleWe are seeking a highly experienced and skilled professional to lead our technology strategy for global asset management. As the Global Head of Macquarie Asset Management Equities and Multi-Assets Technology, you will be responsible for driving innovation and digital transformation across our operations.Key ResponsibilitiesDevelop and implement...

  • Director of Asset Management

    2 weeks ago

    Philadelphia, United States HHM Hotels (Philadelphia Corporate) Full time

    Overview Opportunity:  Director of Asset Management  HHM Hotels has a stable and growing investment portfolio of approximately 30 hotels. In addition, HHM operates over 235 hotels across the United States and Canada. It provides turnkey hotel management, investment, and asset management for properties with leading brand affiliations through Marriott,...

  • Director of Asset Management

    3 months ago

    Philadelphia, United States HHM Hotels (Philadelphia Corporate) Full time

    Overview: Opportunity: Director of Asset Management HHM Hotels has a stable and growing investment portfolio of approximately 30 hotels. In addition, HHM operates over 235 hotels across the United States and Canada. It provides turnkey hotel management, investment, and asset management for properties with leading brand affiliations through Marriott,...

  • Compliance Analyst | Asset Management

    2 months ago

    Philadelphia, United States Macquarie Group Full time

    Compliance Analyst | Asset ManagementMacquarie Group Limited - Philadelphia, PAWe are looking for a compliance associate to join the Risk Management Group, Macquarie Asset Management Business Aligned Compliance team in Philadelphia. This business-aligned compliance role will support across divisions within Macquarie Asset Management, including: Real Assets...

  • TAS Senior

    3 months ago

    Philadelphia, United States Citrin Cooperman Full time

    Citrin Cooperman offers a dynamic work environment, fostering professional growth and collaboration. We’re continuously seeking talented individuals who bring fresh perspectives, a problem-solving mindset, and sharp technical expertise. We know you have choices, so our team of collaborative, innovative professionals are at the ready to support your...

  • Global Head of Macquarie Asset Management Equities and Multi-Assets Technology Leader

    4 days ago

    Philadelphia, Pennsylvania, United States Macquarie Bank Limited Full time

    Job DescriptionRole SummaryThe Global Head of Macquarie Asset Management Equities and Multi-Assets Technology will play a critical role in driving the digital transformation of our asset management business. This individual will partner with senior leaders to develop and implement technology strategies that enhance our operations and deliver innovative...

  • Part-Time Development/Project Management Assistant

    3 weeks ago

    Philadelphia, United States BFW Group Part time

    Job DescriptionJob DescriptionLocation: (Hybrid) Philadelphia Company Description:BFW Construction Project Managers www.bfwgroup.net  is located at the Navy Yard, Philadelphia, PA and provides construction project management, construction administration, program management, owner’s representation, scheduling, cost estimating, quality control, land...

  • Investment Management Associate

    2 weeks ago

    Philadelphia, Pennsylvania, United States Hersha Hotels & Resorts Full time

    Position OverviewSenior Analyst/Associate, Investment ManagementCompany OverviewHersha Hotels and Resorts is a prominent player in the luxury and lifestyle hotel sector, managing a diverse portfolio of properties in key urban and resort markets. The organization operates a collection of hotels that are strategically located in high-demand areas, focusing on...

  • Multifamily Maintenance Technician

    6 days ago

    Philadelphia, Pennsylvania, United States Odin Management Full time

    Job SummaryOdin Management is seeking a skilled and reliable Apartment Maintenance Technician to join our team. As a key member of our maintenance team, you will be responsible for ensuring the upkeep and maintenance of our multifamily apartment communities.Key ResponsibilitiesOrganize, prioritize, and complete resident work orders and turnovers in a timely...

  • Asset Protection Manager

    3 days ago

    Philadelphia, Pennsylvania, United States The Home Depot Full time

    The Multi-Store Asset Protection Manager plays a pivotal role in driving core Asset Protection initiatives across multiple stores. This key position is responsible for developing and implementing effective strategies to prevent loss and protect company assets. The ideal candidate will possess strong leadership skills, with the ability to coach and train...

  • PBS8 Property Manager

    3 days ago

    Philadelphia, Pennsylvania, United States BGSF Full time

    We are seeking a dedicated Section Manager to join our team. The ideal candidate will have a strong background in LIHTC, Section 8, and OneSite, with exceptional customer service skills and a focus on upselling. If you have experience in contract management, administrative tasks, knowledge of Fair Housing regulations, and a passion for sales, we want to hear...

  • Director of Asset Management

    6 days ago

    Philadelphia, Pennsylvania, United States HHM Hotels (Philadelphia Corporate) Full time

    About the RoleWe are seeking a highly skilled and experienced Director of Asset Management to join our team at HHM Hotels (Philadelphia Corporate). As a key member of our asset management team, you will be responsible for creating shareholder value and driving the growth of our luxury, upscale, and midscale hotel assets.Key ResponsibilitiesDevelop and...

  • PBS8 Property Manager

    5 days ago

    Philadelphia, United States BGSF Full time

    We are seeking a dedicated Section Manager to join our team. The ideal candidate will have a strong background in LIHTC, Section 8, and OneSite, with exceptional customer service skills and a focus on upselling. If you have experience in contract management, administrative tasks, knowledge of Fair Housing regulations, and a passion for sales, we want to hear...

  • PBS8 Property Manager

    4 days ago

    Philadelphia, United States BGSF Full time

    We are seeking a dedicated Section Manager to join our team. The ideal candidate will have a strong background in LIHTC, Section 8, and OneSite, with exceptional customer service skills and a focus on upselling. If you have experience in contract management, administrative tasks, knowledge of Fair Housing regulations, and a passion for sales, we want to hear...