Asset Analyst (East Region)

National Equity Fund•New York, NY

3d•Onsite

About The Position

National Equity Fund, Inc. (NEF), a non-profit syndicator of low-income housing tax credits, is seeking an Asset Analyst for its East Region. The role is based at the corporate office in New York, NY, and candidates in New York are sought. As a member of the Transaction and Asset Operations Team, the Asset Analyst provides analytical and technical support to the Regional Managing Director and Asset Managers. The position supports a portfolio of affordable housing investments from closing through stabilization, operations, and disposition, with responsibilities calibrated to portfolio needs. It also involves maintaining project records and databases, reviewing LIHTC compliance, preparing portfolio analyses and reports, communicating with external and internal partners, and completing research and special projects.

Requirements

At least 3 years of experience in affordable housing, real estate, finance, rent-restricted multifamily asset or property management, or community development.
Bachelor’s degree in real estate finance, economics, business, accounting, or a related field.
Knowledge of multifamily real estate, including affordable housing operations, property management, and financial analyses.
Strong financial analysis skills.
Keen analytical skills and attention to detail.
Ability to identify, interpret, and communicate risks.
Demonstrated relationship-building skills with colleagues and customers.
Proficiency in Microsoft Excel, Word, PowerPoint, and database or portfolio-management systems.
Self-directed, collaborative, adaptable, and accountable, with initiative, curiosity, problem-solving ability, and commitment to continuous process improvement.
Excellent organization and follow-through, with the ability to manage multiple priorities, recurring deadlines, and high-volume information accurately.
Ability to understand business issues and develop solutions, including creative approaches to complex issues and win/win resolutions.
Strong written and verbal communication skills, including the ability to produce concise, logical written documents and communicate effectively.
Ability and willingness to travel as required.
Comfort working in a fast-paced, multi-task environment within a cross-functional team, and willingness to tolerate ambiguity and risk.

Nice To Haves

Substantive experience with and technical knowledge of Section 42 and real estate syndication.
Experience with Power BI or similar reporting tools.

Responsibilities

Assist Asset Managers in monitoring assigned investments from closing through stabilization, operations, and disposition.
Collect, input, review, and analyze quarterly and annual financial statements, budgets, rent rolls, operating reports, construction and lease-up reports, and other required deliverables.
Compare actual results with projections, prior periods, and approved budgets; investigate material variances and elevate concerns.
Assist in assessing project and partnership risk factors.
Monitor compliance with Section 42 (LIHTC) provisions and partnership agreement conditions.
Collect, input, and analyze compliance reports and certifications.
Review sponsor and property manager organizational capabilities and management systems for their ability to meet Section 42 and other regulatory obligations.
Perform tenant file reviews and follow up on deficiencies or 8823 filings.
Monitor construction completion, lease-up, and qualified occupancy; review supporting documentation and coordinate follow-up on missing items, delays, or conditions requiring Asset Manager attention.
Track owner certifications, tenant file reviews, compliance findings, 8823 notices, correction documentation, and other partnership-agreement or regulatory requirements.
Maintain accurate project records, documents, key dates, contacts, assignments, and portfolio data in SMT and other approved systems.
Perform data-quality checks and resolve discrepancies to support reliable internal and investor reporting.
Prepare recurring and ad hoc portfolio reports, dashboards, schedules, and analyses using Excel and other approved tools.
Identify trends, exceptions, and early warning indicators, and present findings to Asset Managers and department leadership.
Communicate with sponsors, property managers, accountants, lenders, compliance providers, and internal partners to obtain information, resolve routine issues, document follow-up, and support timely decisions and deliverables.
Participate in process-improvement, data-quality, portfolio-integration, training, and other departmental initiatives; undertake special projects as assigned.