Director of Asset Management

East Bay Asian Local Development Co • Oakland, CA

2d • Onsite

About The Position

East Bay Asian Local Development Corporation (EBALDC) is seeking a regular full-time Director of Asset Management at its main office in Oakland, California. Reporting to the Vice President of Asset Management, the Director leads the day-to-day work of the Asset Management department and helps put long-term portfolio strategy into action. The role calls for an asset management leader with strong financial acumen, an understanding of affordable housing, and the ability to lead a team while maintaining a close focus on portfolio performance.

The Director oversees financial and operational performance across EBALDC’s portfolio and works collaboratively with teams across the organization to manage complex portfolio issues and obligations. The position supports the financial sustainability and future investment readiness of properties that serve residents and communities over the long term. It also helps ensure that portfolio strategy is carried out through disciplined execution, financial oversight, proactive risk management, and effective team leadership.

Requirements

• Significant experience in real estate asset management, portfolio management, or real estate finance.
• Strong knowledge of affordable housing and its financial and operating structures.
• Excellent financial analysis and problem-solving skills.
• Experience supervising and developing professional staff.
• Ability to see the big picture while knowing when to dig into details.
• Strong judgment, collaboration skills, and ability to move complex issues forward.

Responsibilities

• Lead and develop a team that includes a Senior Asset Manager, Residential Facilities Liaison, and Portfolio Financial Analyst.
• Oversee portfolio financial and operational performance, including budgets, forecasts, cash flow, reserves, and key performance indicators.
• Identify risks, opportunities, and underperforming assets, and drive action toward resolution.
• Partner with Property Management, Real Estate Development, Finance, Resident Services, and other teams on complex portfolio issues.
• Ensure lender, investor, partner, and regulatory obligations are effectively managed.
• Support portfolio strategies, including refinancing, recapitalization, resyndication, and repositioning.
• Strengthen systems, reporting, and processes that support portfolio oversight and decision-making.
• Work in partnership with the Vice President of Asset Management to support portfolio strategy and its execution.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed