Jr. Portfolio Manager

13 hours ago

Chevy Chase, United States The Nabo Group Full time
Job DescriptionJob DescriptionSalary: $45,000-$65,000 per Year DOE

Description

The Nabo Group seeks a motivated individual to manage a portfolio of communities (Condominiums & Homeowner Associations).

Our growing company seeks an experienced Jr. Portfolio Manager with work experience in contract & financial management; working with the Board of Directors, homeowners, and vendors; balancing community needs with community budgets; performing property inspections, tracking and following up on issues, and soliciting bids for maintenance and/or renovation projects.

We provide a relaxed, but professional, friendly work environment. We are looking for the right fit -- an individual who is a team player and will help our company grow to the next level.

COMPANY OVERVIEW

The Nabo Group is a Property Management firm focused in HOA & Condominium Management which operates in Colorado.


We have the BIG goal of expanding into new markets and doubling the portfolio of units under management by 2026. Property management is our bread and butter here at The Nabo Group and will continue to be the foundation that gets us to exceed our goalsthats where you come in.


POSITION OVERVIEW

The Jr. Portfolio Manager is responsible for providing the overall supervision of assigned communities. The successful Jr. Portfolio Manager or Community Association Manager effectively interacts with internal and external customers including homeowners, vendors, board members and committee members, as well as onsite staff, various departments over regional offices, and within the branch office.


COMPETENCIES & REQUIREMENTS


Responsibilities:

  • Supervise the operation and administration of the Association in accordance with management agreement, state statutes, and the Association's policies and procedures.
  • Acts as or oversee the primary liaison with the Association Board of Directors and homeowners as needed.
  • Attend Board meetings per the management agreement and community events as needed.
  • Ensure the Board of Directors is aware of legal actions involving the Association.
  • Prepare Board packages according to established time frames.
  • Monitor corporate and client delinquency rates and collections process for account portfolio.
  • Approve all community invoices for payment.
  • Review and provide accurate monthly financial reports.
  • Prepare annual budgets including a review of community reserve studies and maintain all expenses within the budget.
  • Maintain unit and contract files relating to the operations of the Association.
  • Coordinate annual tax return filing with community CPA.
  • Oversee all capital improvement and replacement projects.
  • Bids projects to multiple vendors using standard RFP to provide a consistent scope of work.
  • Coordinate with maintenance staff to complete work orders as well as oversee contract vendors and ensure they meet their contractual obligations.


Requirements:

  • Minimum 1-3 years of experience managing HOA's/Condos.
  • Professional customer service skills.
  • Associate degree required; Bachelor's degree preferred.
  • CMCA is required to be obtained within 6 months of hire. AMS Preferred.
  • Exceptional communication skills both written and verbal with a polished, professional, and friendly demeanor.
  • Knowledge of communities/property/real estate and homeowners associations.
  • Time management and time-critical prioritization skills


Benefits Package Includes:

  • Competitive Pay
  • Annual Bonus
  • Unlimited PTO
  • CAI Membership
  • 100% Employer-paid Health, Dental, Vision for team member
  • Voluntary Benefits (Life Insurance, Disability, 401k)
  • And more...


Job Information

  • Workplace Type: In Office
  • Location: Washington, DC (Work From Home Hybrid Policy)
  • Company Name For Job: The Nabo Group
  • Position Title: Jr. Portfolio Manager
  • Industry: Property Management
  • Job Function: Portfolio Management
  • Job Type: Full-Time


The Nabo Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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