Job Summary
Check below to see if you have what is needed for this opportunity, and if so, make an application asap.
What is the opportunity?
RBC Capital Markets - RBC Community Investments (www.rbccm.com / communityinvestments), part of the Royal Bank of Canada (RBC) firm, is a leading national syndicator of State and Federal Low Income Housing Tax Credits (LIHTCs), Historic Rehabilitation Tax Credits (HRTCs), and New Markets Tax Credits (NMTCs).
The Pre-Stabilized Asset Management Analyst is primarily responsible for maintaining a portfolio of real estate assets invested through the Section 42 (LIHTC) affordable housing program and / or the historic tax credit program to ensure the continuous delivery of tax credit benefits and passive losses.
In addition, they will support the Stabilized Asset Management ("SAM") team's proactive oversight of property operations from lease-up through permanent loan conversion resulting in maximized investment return and minimized investment risk.
Job Description
What will you do?
- Collect, analyze and manage financial and leasing performance data on a monthly, quarterly, or annual basis.
- Assess partnership risk factors as they pertain to compliance with Section 42 (LIHTC) provisions, terms of partnership agreement and other partnership related documents.
- Participate in property transition meetings between the asset management work groups as specific benchmarks are achieved.
- Communicate regularly with assigned SAM and the VP of AM Operations regarding monthly lease-up progress and achievement of 100% qualified occupancy.
- Assist SAM in the preparation of the DCR Report & Loan Sizing Analysis.
- Assist SAM with calculating first year credit delivery from actual lease-up figures and annual tax credit amounts from final cost certification and 8609s.
- Collection and entry of required database information, including, but not limited to : initial rental rates, updating Loan info, Event Dates, property Status, appropriate memo and risk ratings analysis.
- Support the Stabilized Asset Management team on any other duties as may be required.
What do you need to succeed?
Must-have :
- Bachelor's degree from an accredited university in Finance, Economics, or General Business.
- Three or more years of office experience.
- Proficiency in data entry into industry software, MS-Outlook and MS-Office applications, specifically PowerPoint and Excel, along with excellent verbal, written, and interpersonal communication skills are essential.
Nice-to-have :
- Ability to understand and analyze a Budget, Balance Sheet and Income Statement.
- Three years hands-on experience in the leasing and / or successful lease-up of LIHTC multi-family real estate developments.
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper.
We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork.
Additional Job Details
Address : 1801 CALIFORNIA STREET, DENVER
City : Denver
Country : United States of America
Work hours / week : 40
Employment Type : Full time
Platform : CAPITAL MARKETS
Job Type : Regular
Pay Type : Salaried
Posted Date : 2024-09-10
Application Deadline : 2024-10-15
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.
We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
J-18808-Ljbffr
Analyst, Pre-Stabilized Asset Management - LIHTC
The Pre-Stabilized Asset Management Analyst is primarily responsible for maintaining a portfolio of real estate assets invested through the Section 42 (LIHTC) affordable housing program and/or the historic tax credit program to ensure the continuous delivery of tax credit benefits and passive losses...
Property and Asset Management Analyst 2/3 - Security Clearance Required
Northrop Grumman Space Systems is seeking a Property/Asset Management Analyst 2/3 to join our team of qualified, diverse individuals. Assisting program management in the planning and execution of property management life cycle. Basic Qualifications for a Level 2:* * Bachelor’s degree from an accredi...
Analyst, Pre-Stabilized Asset Management - LIHTC
The Pre-Stabilized Asset Management Analyst is primarily responsible for maintaining a portfolio of real estate assets invested through the Section 42 (LIHTC) affordable housing program and/or the historic tax credit program to ensure the continuous delivery of tax credit benefits and passive losses...
Property and Asset Management Analyst 4 - Security Clearance Required
Northrop Grumman Space Systems is seeking a Property/Asset Management Analyst 2/3 to join our team of qualified, diverse individuals. Assisting program management in the planning and execution of property management life cycle. Basic Qualifications: * * Bachelor’s degree from an accredited universit...
2025 Asset & Wealth Management Global Private Bank Advisor Program - Full-time Analyst
Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We do not discriminate on the basis of any protected attribute, including race, religion, color, national ...
Compliance Analyst, Advisory Asset Management
Registered Investment Adviser, preferably with asset management industry knowledge. This position reports to the Compliance Manager – Asset Management and offers an opportunity to make a significant impact on our firm's success and reputation. Segall Bryant & Hamill is a wholly owned subsidiary of C...
Property and Asset Management Analyst 4
Northrop Grumman Space Systems is seeking a Property/Asset Management Analyst 2/3 to join our team of qualified, diverse individuals. Assisting program management in the planning and execution of property management life cycle. Bachelor’s degree from an accredited university in Business, Finance, Ac...
2025 Summer Analyst (Denver) - Portfolio & Asset Management
Participate in the Summer Intern Team Project with the other interns and present to Senior Management. Perform other reasonable tasks/projects and assist our Portfolio Management (Analyst) Teams, as needed. Provide premier customer service to lenders, borrowers, other Northmarq staff, and outside ve...
2024 Summer Analyst (Denver) - Portfolio & Asset Management
Summer 2024 Internship - Portfolio & Asset Management. Participate in the Summer Intern Team Project with the other interns and present to Senior Management. Perform other reasonable tasks/projects and assist our Portfolio Management (Analyst) Teams, as needed. Northmarq is a unique capital markets ...
Analyst, Structuring
Meticulous attention to detail coupled with robust project management and organizational abilities. Effective time management and project coordination skills to handle multiple projects. The physical demands described here are representative of those that must be met by an employee to successfully p...