Asset Management Analyst

TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION • San Francisco, CA

2d • $38 - $41 • Hybrid

About The Position

The Asset Management Analyst supports TNDC’s Asset Management Department, including the Director of Asset Management and Asset Managers, in overseeing its affordable housing portfolio. The role evaluates property performance; supports budgeting, forecasting, reporting, audit preparation, data analysis, capital planning, and funder relationships; and helps with the hand-off of new development projects to asset management. The Analyst contributes to long-term strategies to preserve and strengthen communities and manages multiple time-sensitive tasks across the portfolio. Administrative and organizational duties, such as maintaining files and supporting day-to-day processes, account for no more than 25% of the role.

The position is regular, full-time, non-exempt, and union-represented, with a 40-hour workweek. It is based at 145 Taylor Street in San Francisco and follows a hybrid work arrangement, with in-office presence determined by management and business needs, including meetings and travel requirements. The stated hourly wage range is $37.83–$41.17.

Requirements

• Bachelor’s degree.
• At least 2 years of relevant experience in multifamily or affordable housing acquisitions or preservation, asset management, finance, operations, underwriting, or a related analytical role.
• Advanced proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint.
• Ability to work collaboratively in a mission-driven, cross-functional environment.
• Strong organizational, time-management, prioritization, and attention-to-detail skills.
• Willingness to learn and grow, offer support to colleagues, and accept support in a collaborative team environment.
• Excellent written and verbal communication skills.
• Ability to perform basic arithmetic and calculate decimals, ratios, percentages, fractions, weights, and measures.
• Ability to understand and correctly use informational documents, including contracts.
• Ability to communicate effectively with residents, coworkers, staff at all levels, and government officials, verbally and in writing.
• Ability to work in an office environment and travel to work sites as needed.
• Physical ability to operate office equipment, coordinate eyes, hands, and fingers for computer and document tasks, lift 10–15 pounds, and perform sedentary to light work; visual acuity to review documents and hearing acuity sufficient for telephone and stakeholder communication.

Nice To Haves

• Knowledge of property management and real estate investment management software and applications, including Yardi, MRI, Boston Post, or Integratec.
• Strong analytical skills and a solid understanding of financial statements, including income statements, balance sheets, and cash flow statements, and property-level performance metrics.
• Prior exposure to loan documentation, partnership or joint venture agreements, or real estate transaction processes.
• Understanding of affordable housing financing and compliance structures, such as LIHTC, HUD, or other subsidy programs.
• Ability to collect, organize, and interpret property-specific data sets and performance indicators.

Responsibilities

• Provide analytical and operational support for portfolio and property-specific data requests, including compiling and analyzing data.
• Monitor property performance against annual asset management plans, budgets, and long-term asset strategies.
• Participate in interdepartmental portfolio-performance meetings and maintain notes, data, and variance analysis.
• Maintain asset management plans and help Asset Managers track strategic goals, including recapitalizations, repositioning plans, refinancings, and other asset-level transactions.
• Assist with affordability compliance milestones and preservation strategies for properties approaching the end of affordability periods.
• Support lender and investor compliance and reporting, government filings, and relationships with funder and public-agency reporting contacts.
• Collect and centralize monthly and quarterly financial results, including budget variances, trends, and operating metrics.
• Coordinate with internal Accounting/Finance and Property Operations stakeholders to maintain accurate, current portfolio data.
• Maintain asset management reports, dashboards, performance summaries, and databases of portfolio performance indicators; prepare briefings on data and trends.
• Support asset-level transactions and strategic initiatives, including refinancings, limited partner exits, recapitalizations, and property repositionings.
• Lead property tax administration and protest processes, including exemption applications, deadline tracking, filings, and follow-up.
• Manage requests to and from funding stakeholders, with Asset Manager support, including reserve withdrawals, rent increases, and periodic reporting.
• Support annual year-end financial reporting and audits, maintaining relationships with Accounting staff and third-party auditors.
• Support transactional asset management activities for development projects and recapitalizations, including managing documents and recording restrictions and special requirements during hand-off from Housing Development to Asset Management.
• Coordinate with Accounting, Compliance, and Property Management to ensure timely and accurate data for reporting and decisions.
• Lead or support ad hoc projects for Asset Management and other departments.
• Transfer data into annual reports, budgets, and Real Estate Owned (REO) schedules; maintain workflow trackers.
• Organize and maintain electronic and hard-copy files for key documents and support administrative processes and day-to-day operations.
• Perform other duties as requested.
• Operate office equipment, including personal computers and calculators; perform sedentary to light work and lift 10–15 pounds.
• Travel to various work sites as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level