Associate Asset Manager

2 weeks ago


Carlsbad, United States Chelsea Investment Corp Full time

**Job Ad - Associate Asset Manager**:
About Us
- CIC Management, Inc., oversees Chelsea Investment Corporation’s portfolio of properties throughout California and New Mexico. Chelsea is a California-based leader in the financing and development of affordable housing. We’re a team of experienced professionals that work to identify and implement timely and cost-effective solutions to provide quality homes for thousands of people. We’re committed to the ongoing quality, appearance, and operation of all our projects, so we take a long-term asset management approach to property management. We’re passionate about affordable housing AND our people, and we hope you are too We welcome you to join our amazing team in beautiful Carlsbad, California.

How you will contribute to our joint success:

- As an Associate Asset Manager at CIC Management, Inc., you will be responsible for managing a portfolio of affordable multi-family properties and supporting the Asset Management team.

You will be responsible for the following and more.
- Managing a portfolio of assets, which includes financial reporting and ensuring that asset operations are fully compliant.
- Preparing and reviewing monthly asset financials and narratives.
- Conducting inspections to ensure the properties are well maintained.
- Managing relationships with property management agents.
- Managing relationships with clients, partners, and other stakeholders.
- Preparing and presenting monthly summary reports to the Chelsea executive team.
- Coordinating with outside agencies and other departments regarding Asset Management information.

Skills, talents, and experience needed to be successful:
A Bachelors degree in finance, accounting, real estate, or a related field, plus three years’ experience in residential asset management including two years affordable housing experience preferred; Advanced Microsoft Excel skills; Understanding of real estate development, leasing, and asset management principles and practices; Experience managing projects and providing comprehensive financial reports; Demonstrated ability to effectively prioritize and adhere to deadlines. Or equivalent combination of education, training, and/or experience from which comparable knowledge, skill, and abilities have been attained.

Attributes needed to thrive:

- High level of integrity and dependability, including handling sensitive and confidential information
- Teamwork mindset and temperament to work effectively with a diverse group of people
- Effective ability to communication clearly and concisely both verbally and in writing
- Genuine desire to work in the real estate development affordable housing industry
- Personal accountability and enthusiasm for achieving company goals

Additionally, you’ll support an inclusive workplace by fostering teamwork and employee participation, encouraging the representation of different employee perspectives, and treating others with dignity and respect in alignment with our company C.A.R.E.S values (Communication; Accountability; Relationships; Excellence; Solutions).

Because People Matter:

- Our people are our greatest asset. We are committed to providing our employees with meaningful careers and a comprehensive benefits package and a C.A.R.E.S. work environment.

We offer competitive salaries, annual incentives, and a range of benefits designed to support the well-being of our team members. Our benefits package includes:

- 401K plan participation with company match
- Medical (HMO, PPO, HDHP/HSA plans available)
- Dental (HMO and POS)
- Vision
- Section 125 Cafeteria Plan
- Company-sponsored life and disability insurance
- Career training and growth opportunities
- Monthly team-building events

Hiring Range:
Salary of $90K to $100K on an annualized basis, depending on qualifications.
- The pay range for this position starts as listed in the job posting but may change based on education and experience. Final compensation is determined by various factors, such as education, training, experience, work location, required travel (if any), and external market conditions. In addition to salary, we offer a comprehensive benefits package, including health insurance, 401(k), paid time off including a generous holiday schedule._

Next Steps:
Equal Opportunity

Diversity, Equity, and Inclusion Commitment Statement
- We acknowledge that historic and ongoing discrimination results in a society where certain groups are disadvantaged in ways that are not always obvious.
- We understand that a commitment to racial equity and inclusion is not always easy, is not always comfortable, and is not always expedient. It is nevertheless a commitment we have chosen to make.
- Our commitment to racial equity and inclusion is evidenced by our demonstrated actions to address the unique housing needs of Black, Indigenous, People of Color, and other marginalized groups. We intentionally develop and manage affordable housing that addresses the needs of historically



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