Senior Asset Manager

2 weeks ago


New Orleans, United States Housing Authority of New Orleans Full time
Job DescriptionJob Description

SUMMARY

Under direction of the Director of Asset Management, the Senior Asset Manager is a key team member that is responsible for the oversight of a portfolio of mixed-finance and conventional public housing properties, ensuring their physical and financial health. This position is responsible for assessing property performance, monitoring compliance with all HUD, HANO, and other regulatory and investor requirements, performing trend analysis, managing a dynamic set of relationships, positioning the portfolio to deliver financial results, and preparing reports to ensure the long-term viability of the agency’s real estate portfolio and our ability to provide quality affordable housing. The Senior Asset Manager will contribute to the overall strength of the Asset Management team by bringing exceptional judgment and resourceful problem-solving skills to our affordable and mixed-income housing stewardship.

ESSENTIAL DUTIES AND RESPONSIBILITIES

The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and/or skills required. Other duties may be assigned.

  • Analyze properties on a variety of dimensions, including operational performance, physical condition, program compliance, and strength of market.
  • Perform data collection and verification as necessary to track property performance.
  • Monitor third party owners and property management entities to include regular evaluation of all contract and regulatory compliance of each entity to operating agreements and contracts with HANO and HUD. Make recommendations regarding management non-compliance or default to the Director of Asset Management as necessary.
  • Monitor the physical condition of HANO’s portfolio through regular property site visits, review of management reports, and Capital Needs Analyses.
  • Provide technical assistance and HANO policy guidance to third party owners and property management entities.
  • Coordinate with third party owners and property management entities to resolve resident issues brought to the attention of HANO or HUD.
  • Arrange and coordinate portfolio-wide contracts as needed.
  • Assist with the preparation of annual Operating Subsidy submissions to HUD.
  • Assist with the preparation of annual operating budgets for HANO-managed properties.
  • Coordinate the submittal of all compliance reports to HUD, IRS, investors, lenders, regulatory agencies, and others as necessary.
  • Work collaboratively across HANO departments to ensure that all investor and lender reporting requirements are satisfied.
  • Review each property’s operating budget, financial statements, and audits to measure property performance against projections and annual budgets and make recommendations to address financial performance issues.
  • Analyze monthly property financial statements and monthly property reports and notify the Director of Asset Management of any performance issues.
  • Develop and implement monitoring tools as needed.
  • Conduct public housing policy research and draft policy and lease revisions at the direction of the Director of Asset Management to ensure compliance with HUD and other regulatory agency policies. Work collaboratively with other HANO departments to ensure policy consistency across the agency.
  • Review management policies and procedures across HANO’s portfolio, and make revisions as needed to ensure compliance with HUD and other regulatory agencies’ policies.
  • Complete other tasks as requested to ensure that properties are in compliance with reporting, record keeping, and related requirements, including data entry into HANO’s management data system.
  • Coordinate and conduct trainings on HUD and HANO policies and procedures, as well as HANO’s management data system, for HANO staff and staff of third-party owners and property management entities.
  • Work collaboratively with other HANO departments to assist with the analysis of Year 15 investor exits from LIHTC deals.
  • Coordinate with the Director of Asset Management to address issues regarding modernization, extraordinary repairs, and new development.
  • Review development proposals and provide analysis and recommendations to the Director of Asset Management as needed.
  • Perform other duties as assigned.

Education and/or Experience

Bachelor’s degree from an accredited college or university with a major in management, business administration, finance, social policy/social science, public policy, or other related field is required. Minimum of five (5) years of real estate management experience, or equivalent combination of education and experience. Master’s degree in related field and specific experience in multi-family housing, HUD programs, federal procurement, and property/asset management is desirable. Professional designations in Multifamily Management or Low-Income Housing Tax Credits from NAA, IREM, NAHRO, NAHMA, or NCHM desired. An equivalent combination of education and experience may be considered.


EEO POLICY STATEMENT

HANO provides equal employment opportunity to all individuals regardless of race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, religion, physical or mental disability, sex (including pregnancy, childbirth, or related medical conditions), gender identity, or gender expression results of genetic testing, or service in the military or veteran status or any other status protected under applicable federal, state or local law. Discrimination of any type will not be tolerated.



  • New Orleans, United States Housing Authority of New Orleans Full time

    Job Description Job Description SUMMARY Under direction of the Director of Asset Management, the Senior Asset Manager is a key team member that is responsible for the oversight of a portfolio of mixed-finance and conventional public housing properties, ensuring their physical and financial health. This position is responsible for assessing property...


  • New York, United States Brookfield Asset Management Full time

    Location Brookfield Place New York - 250 Vesey Street, 15th Floor Business - Renewable Power & Transition Brookfield Renewable and Transition operates one of the world’s largest publicly traded platforms for renewable power and decarbonization solutions. Our diversified portfolio consists of hydroelectric, wind, solar, distributed energy and sustainable...


  • New York, United States Brookfield Asset Management Full time

    Location Brookfield Place New York - 250 Vesey Street, 15th Floor Business - Reinsurance Brookfield’s publicly traded Reinsurance business, Brookfield Reinsurance Partners Ltd., is a newly formed division of Brookfield focused on providing capital-based solutions to insurance companies and their stakeholders. Brookfield Reinsurance is positioned to act...


  • New York, United States Brookfield Asset Management, Inc. Full time

    Reporting to the VP / SVP, Asset Management, the Associate, Asset Management is an active member of the Asset Management team, addressing issues, facilitating processes and managing specific objectives in support of Asset Management leaders who are p Management, Associate, Operations, Financial, Investment, Support, Business Services


  • New York, United States Coda Search│Staffing Full time

    A growing fund in Midtown is looking for a Real Estate Asset Management Senior Associate. The role will be responsible for the strategic oversight and management of a diverse portfolio of real estate assets. This role requires strong analytical skills, advanced financial modeling capabilities, and a deep understanding of real estate markets. The ideal...


  • New York, United States Coda Search│Staffing Full time

    A growing fund in Midtown is looking for a Real Estate Asset Management Senior Associate. The role will be responsible for the strategic oversight and management of a diverse portfolio of real estate assets. This role requires strong analytical skills, advanced financial modeling capabilities, and a deep understanding of real estate markets. The ideal...


  • New York, United States Coda Search│Staffing Full time

    Our client is a NYC based Alternative Asset Management Client that invest primarily in Real Estate and Real Estate related investments, currently seeking to add a highly motivated Senior Associate to their growing Asset Management Team. This opportunity will provide the end to end deal exposure. The ideal candidate will be responsible for underwriting entire...


  • New York, United States SimCorp Group Full time

    * **Accept all** * will set your Cookie preferences to "Required" and will prevent SimCorp and its partners from collecting and using Cookie data to collect statistics and to provide you a personalized web experience and more relevant ads on third party websites. * **Cookie Preferences** Location: New York, NY, USA The Senior Sales Manager, Asset Management...


  • New York, United States Cifc Asset Management Full time

    CIFC OverviewFounded in 2005, CIFC Asset Management LLC (together with its affiliates, CIFC or the Firm) is a global credit specialist offering investment solutions across CLOs, corporate, structured, and opportunistic credit strategies as well as direct lending, designed to deliver consistently attractive risk-adjusted returns to investors. The Firm...


  • New York, United States CIFC Asset Management Full time

    CIFC OverviewFounded in 2005, CIFC Asset Management LLC (together with its affiliates, “CIFC” or the “Firm”) is a global credit specialist offering investment solutions across CLOs, corporate, structured, and opportunistic credit strategies as well as direct lending, designed to deliver consistently attractive risk-adjusted returns to investors. The...


  • New York, United States CIFC Asset Management Full time

    CIFC OverviewFounded in 2005, CIFC Asset Management LLC (together with its affiliates, “CIFC” or the “Firm”) is a global credit specialist offering investment solutions across CLOs, corporate, structured, and opportunistic credit strategies as well as direct lending, designed to deliver consistently attractive risk-adjusted returns to investors. The...


  • New York, United States Asset Manager Full time

    Job Title: KYC Compliance AnalystLocation: Midtown NYC, hybrid schedule (4 days in-office)Firm Overview:A $50B+ global alternatives firm with a great culture & benefits. 401-K match & profit sharingRole Overview:Seeking a KYC Compliance Analyst to manage and enhance the AML/KYC program. The ideal candidate has 3-6 years of experience in a bank or private...

  • Asset Management

    5 days ago


    New York, New York, United States JPMorganChase Full time

    Job Description Position available in New York, NY Job Summary: As a Product Strategy VP within the Product Strategy group, you will report directly to the Head of Americas Product Strategy. This role will have a focus on the alternatives business and involve leading key strategic product-related initiatives for U.S. domiciled strategies in this space with...


  • New York, United States Metis Search Full time

    Associate/Senior Associate Portfolio Asset Management Team - Special SituationsOverviewOne of the top Special Situations Funds are looking to hire a highly ambitious Associate or Senior Associate for their Portfolio and Asset Management team (workout / turnaround). The fund is managed by a highly specialized team, backed by vast resources and robust...

  • Asset Manager

    1 month ago


    New Orleans, United States Housing Authority of New Orleans Full time

    Job DescriptionJob DescriptionSUMMARYThe primary purpose of this position is to provide oversight, support, and compliance monitoring of independent and third-party management entities. The incumbent is responsible for developing long-term resources, preparing budgets, overseeing financial proposals, and ensuring accurate tracking and reporting of expenses...

  • Asset Backed Finance

    3 weeks ago


    New York, United States Brookfield Asset Management Full time

    Location Brookfield Place New York - 250 Vesey Street, 15th Floor Business - Reinsurance Brookfield Reinsurance Ltd. (“Brookfield Reinsurance”, “BNRE”; NYSE/TSX: BNRE) is the public vehicle of Brookfield’s newest core pillar, Insurance Solutions, and operates a leading capital solutions business providing insurance and reinsurance services to...


  • New York, United States Non-Disclosed Full time

    An established, well-capitalized quantitative trading firm with global exchange connectivity is in search of a Senior Portfolio Manager to research, develop, and deploy fully systematic crypto trading strategies.We are a team comprised of individuals with traditional quant finance experience that understand asset raising, risk management, and quant trading....

  • Asset Manager

    2 weeks ago


    New York, United States Next Level Talent Full time

    We have partnered with a legacy investor in affordable housing, with a massive footprint across the country, who is looking to bring on an Asset Manager for their equity investment team. In this role, the Asset Manager will be responsible for overseeing a portion of a 30,000+ unit portfolio, providing direction and developing strategy to meet financial and...


  • New Orleans, United States Housing Authority of New Orleans Full time

    Job DescriptionJob DescriptionSUMMARYReporting to the Acting Deputy Director of Administration/Chief Financial Officer, the Asset Management Accountant will perform professional accounting, budget analysis and reviews, and provide comprehensive fiscal knowledge, account/fiscal support, and technical assistance for departments, sites, and/or programs of the...


  • New Orleans, United States Housing Authority of New Orleans Full time

    Job DescriptionJob DescriptionSUMMARYReporting to the Acting Deputy Director of Administration/Chief Financial Officer, the Asset Management Accountant will perform professional accounting, budget analysis and reviews, and provide comprehensive fiscal knowledge, account/fiscal support, and technical assistance for departments, sites, and/or programs of the...