Real Estate Asset Manager

WHEDco•Bronx, NY

1d•Hybrid

About The Position

The Women’s Housing and Economic Development Corporation (WHEDco) is a community development organization founded on the idea that all people deserve to live in healthy, vibrant communities. They build award-winning, sustainable, affordable homes and believe that successful affordable housing must be anchored in strong communities. WHEDco’s mission is to create and bridge access in the South Bronx to resources that support thriving neighborhoods, including stable, affordable housing, high-quality early childhood and school-age youth education programs, comprehensive family and community services, business and entrepreneur assistance, and cultural programming. The Asset Manager supports WHEDco’s Housing/Real Estate Department by managing capital projects, ensuring the financial and environmental sustainability of building operations, and analyzing and acting upon building operations data.

Requirements

Bachelor’s degree in real estate development/finance, property management, urban planning or business, preferable in the affordable housing space.
Minimum industry job experience of 3 years
Strong organizational skills, with keen attention to detail.
Possess a passion for order and efficiency.
Strong project management, financial and analytical skills.
Strong proficiency in Microsoft Excel and other Microsoft Office applications.
Comfortable navigating and analyzing reports from various sources and can pick up new platforms relatively easily.
Strong verbal and written communication skills.
Pro-active problem-solver and avid team player.
Ability to remain focused in a fast-paced environment.
Demonstrated commitment to affordable housing and work in low-income communities.

Nice To Haves

Master’s degree preferred, but not required.
Minimum of 2 years’ experience working for NYC agencies (HPD, HDC, HRA, etc.) or in a position with direct contact or reporting responsibilities to agencies

Responsibilities

Manage compliance needs with NYC and funding agencies.
Coordinate responses for reporting and requests from all agencies.
Update and maintain calendar with critical due dates for reporting, inspections and other key tasks.
Provide guidance on all compliance-related issues and become the point-person for all inquiries.
In coordination with the Senior Vice President of Affordable Housing Asset Management, develop and maintain asset management systems and procedures, including creating and updating property dashboards, dealbooks, preventative maintenance plans, and long-term capital plans.
Conduct financial analysis and provide recommendations on arrears, budgeting, capital plans, cost containment strategies and cash flow proformas.
Support Senior Asset Manager as a project manager for capital projects, including new construction and renovation.
Communicate with architects, engineers, contractors; track budgets, change orders and submittals; report to government agencies and investors; and coordinate with impacted residents and staff.
Maintain, organize and archive critical documents, including loan documents, insurance records, building plans and records.
Initiate and shepherd the vendor payment process from inception to final delivery.
Manage WHEDco’s utility accounts and energy benchmarking.
Research and recommend capital improvement projects that enhance energy efficiency, sustainability, and resiliency in WHEDco buildings.
Engage residents, building maintenance, and WHEDco staff in recycling, waste reduction and other sustainability practices that reduce building operating expenses while increasing the quality of life for building residents and WHEDco clients.
Works with Safewatch to manage facility security and reception.
Assist the housing/real estate department with additional projects as necessary.