Senior Vice President
2 weeks ago
Senior Vice President | Alternative Investments Asset Management
Location: Charlotte
Working: Hybrid
Position: Full-Time
Who we are:
Red Stone Equity Partners, a high-quality real estate financial services company, is a fast-growing firm specializing in low-income housing tax credit ("LIHTC") and other affordable housing equity investments. Red Stone-managed investment funds acquire interests in affordable multifamily housing residential communities throughout the United States.
Red Stone is seeking talented, ambitious, and self-driven candidates to join our Alternative Investments Asset Management Department as a Senior Vice President. The Senior Vice President | Alternative Investments AM, is responsible for interacting with operating partners and investors regarding all asset management functions for all non-LIHTC investments.
Here's what you'll be doing:
- Help establish and implement asset management policies and procedures, as well as reporting templates for all non-LIHTC investments;
- Perform all functions related to the management of a portfolio of non-LIHTC assets, including the review of financial data (including budgets, monthly & quarterly financial results, and annual audits & tax returns), insurance monitoring, cash flow distribution reconciliations, budget-to-actual comparisons, etc;
- Prepare property reports for internal and investor purposes;
- Perform monthly/quarterly real estate site visits;
- Perform analysis on potential recapitalizations or exit strategies;
- Coordinate with internal and external stakeholders to review and process cash flow distributions;
- Provide individual and department-wide trainings, as needed;
- Make asset-related recommendations to senior management with minimal oversight; and
- Contribute to the company's efforts with the expansion/improvement of the company's proprietary database, as well as other procedural efficiencies.
What we're looking for:
- Bachelor's Degree in Finance, Real Estate, Accounting, or other relevant areas of study is preferred;
- Minimum of ten years of directly related experience and five years as an asset manager/portfolio manager, real estate;
- Multifamily housing experience and expertise;
- Proficiency in Microsoft Office, including Excel;
- Excellent communication, decision-making, analytical, organizational, and interpersonal skills.
- Capable of working independently within an overall asset management group;
- Attention to detail, thorough and results-driven; and
- Commitment to Company Core Values, which are 1) Solve Creatively, 2) Take Initiative, 3) People First, 4) Grow Together, and 5) Be Authentic
Perks and benefits:
At RSE, we're dedicated to our employees' well-being and aim to cultivate an inclusive environment that promotes and celebrates both personal and professional growth. Our inclusive benefits encompass, but are not limited to:
- Offer full medical, dental, and vision, and pay 100% of your premiums for medical and dental
- Healthy Lifestyle Benefit
- Life insurance and short and long-term disability
- Generous PTO and company-paid holidays
- Parking, transit, and dependent care FSAs
- Combination of working from home and the office
- Ongoing learning and development
- 401k +match
- Parental leave
- Half Day Fridays
Salary range: $150,000 - $175,000 plus a 20-30% bonus
If you are a talented, ambitious, and self-driven individual who meets the criteria listed above, we would love to hear from you.
Please visit our website at to learn more about our company, team, and culture.
Red Stone Equity Partners LLC is proud to be an Equal Opportunity Employer.
Job Type: Full-time
Pay: $150, $175,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible schedule
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Referral program
- Vision insurance
Work Location: Hybrid remote in Charlotte, NC 28209
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