Asset Manager

Job Description

Job Description

Job Ad Asset Manager

If you are from an agency representing a candidate, you must send all inquiries to [email protected] in order for your submission to be considered. Thank you.

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.

What You’ll Be Doing

As an Asset Manager at CIC Management, Inc., you will be responsible for managing affordable multi-family properties by analyzing the performance of each asset, developing plans to improve investment performance, and instructing the property management professionals accordingly.

Additionally, your tasks will include, but not be limited to :

• Ensuring the compliance, financial performance, and physical performance of Chelsea’s portfolio.
• Developing and managing the optimization strategy for portfolio NOI and economic benefit to Chelsea and Chelsea affiliates.
• Reviewing business plans for pipeline projects.
• Establishing and enforcing asset management benchmarks, policies, and procedures.
• Managing relationships with Chelsea’s property management agents.
• Managing relationships with Chelsea’s clients and partners and other stakeholders.
• Completing monthly review of financials and narratives.
• Preparing and presenting monthly summary reports to the Chelsea executive team.
• Performing site inspections annually and periodically visiting properties.
• Coordinating with outside agencies and other departments regarding Asset Management information.

What You’ll Need to Perform the Role

You’ll use your bachelor’s degree in finance, accounting, real estate, or a related field, plus five (5) years of residential asset management and advanced skills in Microsoft Office, particularly Excel, to be successful in this role.

You may also have an equivalent combination of education, training, and / or experience from which comparable knowledge, skill, and abilities have been attained.

Candidates with the following preferable experience may be considered for a Sr. Asset Manager role :

• In addition to the requirements listed above, three (3) years experience in affordable housing asset management.
• Working knowledge of Fair Housing mandates and eviction laws.

You’ll also need the following attributes :

• Strong principles, methods, practices, and techniques involved in real estate development, leasing, and strategic asset management
• Basic principles and practices of program / project planning, management, and reporting
• Extensive understanding of principles and practices involved in real estate development, leasing, and asset management.
• Understanding of principles and practices of sound business communication and real estate terminology.
• Extremely organized with ingrained ability to prioritize and multi-task in a fast-paced environment
• Keen attention to detail with focused adherence to strict deadlines and procedures
• Sound problem-solving skills with demonstrated ability to exercise sound independent judgment
• 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).

What’s in it for You

CIC Management’s people are at the core of everything we do. We offer meaningful careers competitive salaries, annual bonus packages, and an energetic office environment.

We take the well-being of our team members seriously; thus, providing an attractive benefits and perks package to meet the needs of all our employees.

This package includes, but is not limited to :

• Medical (HMO, PPO, HDHP / HSA plans available)
• Dental (HMO and POS)
• Vision
• Section 125 Cafeteria Plan
• Company sponsored Disability and Life insurance
• 401K plan participation with Company match
• Paid Time Off (PTO)
• Opportunities for professional development
• Hybrid working environment
• Flexible work schedule as business needs permit
• Company-wide events

Hiring Range

Salary of $110K to $125K on an annualized basis, depending on qualifications.

What Comes Next

If this role seems of interest to you and you meet the needs to be successful, apply using the link below. Our recruiting team will then review your application and any of the materials you submit.

From that point, we’ll reach out if you’re a fit and introduce you to the hiring manager and move you through the interview process, which will encompass meeting virtually, as well as in-person at our corporate office in Carlsbad (following all COVID-19 safety precautions and protocols).

Equal Opportunity

CIC Management, Inc., is an equal opportunity employer, and all qualified applicants will receive consideration for employment 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.

We encourage applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

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 marginalized, and disenfranchised populations.

• We celebrate and encourage diversity in all forms and promote equity and inclusion through our practices, policies, systems, and behaviors.
• Our commitment to diversity, equity and inclusion is embedded in all aspects of our work. We intentionally create an inclusive environment where our internal team, our external clients, and our contracted service providers are valued and supported.
4 days ago