Sr. Asset Manager

Sr. Asset Manager

Location : New York, NY

Time Type : Full time

Requisition ID : REQ3034

E nterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, youll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. Youll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where youre valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package .

Job Description Summary

The Senior Asset Manager, National Field Operations position will provide front line relationship management for a specified portfolio of LIHTC projects. The position is responsible for actively managing risks, analytical problem-solving, strategic engagement with the stakeholders of their portfolio of assets with a high degree of customer service, while gathering and sharing information from a diverse array of markets and programs.

Job Description

Responsibilities

• Actively identify and prioritize issues through proactive involvement and problem solving by analyzing performance data, identifying issues and their root causes through in-depth financial analysis, and leveraging stakeholder relationships.
• Facilitate inter-company communication between cross-functional teams and coordinate their expertise to champion issue resolution and customer requests, with a focus on adding value for both the Sponsor and Investor.
• Consolidate various departments centralized analysis to communicate an encompassing message to our stakeholders.
• Proactively interact with area Originators and Underwriters to gain insights into markets, partners, the LIHTC industry and how Asset Management can add value and share expertise between departments.
• Develop Specific, Measurable, Achievable, Realistic and Timely (SMART) plans to ensure issues and requests are proactively ushered towards resolution.
• Conduct partner meetings with stakeholders (largely GPs and Sponsors) to : establish relationships with key players, better understand their organizational structure, identify primary business lines and their development pipeline, inquire about market influences and lessons learned, discuss regulatory policy changes, changes in sponsor policy and procedures, and shed light on any potential issues / concern.
• Conduct portfolio site visits to assess physical and compliance risks and make recommendations for improvement. Be a resource to provide thoughtful and informed recommendations based on experience, pulling in various teams / departments for participation when appropriate, and clearly understanding and articulating both risks and benefits to all parties.

Qualifications

Total Rewards at Enterprise :

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $110,0 00to $130,000, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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