Senior Asset Manager

Central City Concern • Portland, OR

4d • Onsite

About The Position

Central City Concern is seeking a Senior Asset Manager to provide strategic direction and oversight for the financial and physical well-being of its real estate portfolio. The position leads and develops the Asset Management team and ensures the portfolio’s assets support the organization’s mission of serving people affected by homelessness. The Senior Asset Manager advises senior and executive leadership on real estate strategy and asset management best practices, and works with Housing Administration, Accounting, Real Estate Development, and Facilities Management from pre-development through lease-up, stabilization, and ongoing operations.

The role develops year 15 buyout, refinance, and turnaround or repositioning plans; oversees debt obligations, investor capital accounts, and lender and investor compliance; manages third-party property management contracts; and develops and presents portfolio KPI reporting. It also leads cross-team process improvement, participates in enterprise-wide risk management, and researches relevant policies and legislation. The position is based at Biltmore, 310 NW 6th Ave., Portland, Oregon. The stated schedule is Monday through Friday, 8:00 a.m. to 5:00 p.m., with Saturday and Sunday off. The salary range is $94,000–$131,000, influenced by experience, licensure, certifications, and internal equity.

Requirements

• Bachelor’s degree in a relevant field of study.
• At least five years of progressively responsible asset management experience.
• Some supervisory experience in a housing-related environment.
• Knowledge of asset management functions and federal, state, and local guidelines and regulations related to affordable housing.
• High-level proficiency with Excel and computer proficiency in MS Word, databases, and internet research.
• Excellent written and verbal interpersonal and business communication skills.
• Ability to understand and analyze complex financial statements, including budget-to-actual statements, balance sheets, and trial balances, and to prepare multi-year cash-flow projections.
• Ability to maintain accurate records and paperwork; strong time management, follow-through, and organization skills in a fast-paced environment.
• Ability to communicate and interact effectively with clients, employers, partnering agencies, and coworkers.
• Ability to work independently and as part of a team; creativity, innovation, and progressive problem-solving ability.
• Sensitivity to people experiencing homelessness and issues relating to homelessness and recovery from trauma or substance use; ability to work with people from diverse educational and personal backgrounds.
• Passion for the organization’s mission and a strong desire to make an impact in a dynamic nonprofit.
• Ability to maintain a non-judgmental attitude and willingness to learn new skills.
• Ability to adhere to the agency’s non-discrimination policies and respectfully interact with people of diverse ethnic, religious, political, cultural, lifestyle, and sexual-orientation backgrounds.
• Ability to meet the physical demands of bending, stooping, kneeling, squatting, twisting, reaching, pulling, lifting heavy objects, and climbing stairs, with reasonable or no accommodation.
• Ability to comply with the drug-free workplace policy, including restrictions on unlawful manufacture, distribution, dispensing, possession, or use of controlled substances or alcohol in the workplace; pre-employment drug screening is required.
• Work on the specific contract prohibits convictions involving child or elderly abuse, offenses against persons, sexual offenses, or child neglect.

Nice To Haves

• Project management experience and/or certification.
• Affordable housing asset management experience is preferred.

Responsibilities

• Directly supervise and develop Asset Management staff to attain departmental goals.
• Lead cross-team project management and process improvement affecting real estate portfolio operations.
• Develop and maintain year 15 buyout plans for the portfolio.
• Manage refinance processes as applicable.
• Participate in enterprise-wide risk management and identify and manage risks related to the real estate portfolio.
• Manage third-party property management contracts and serve as their primary point of contact.
• Review and evaluate new and existing commercial lease terms for their financial impact to Central City Concern.
• Monitor investor capital accounts.
• Develop property turnaround and repositioning plans.
• Advise Housing Administration, Accounting, and Real Estate Development during pre-development, development, and lease-up of new sites.
• Ensure compliance with lease-up and Limited Partnership requirements for property stabilization.
• Monitor portfolio-wide debt obligations and compliance with lender and investor requirements.
• Review and comment on asset-management-related documents, including loan agreements, limited partnership agreements, and operating and other regulatory agreements.
• Develop and maintain KPI reporting for the real estate portfolio and present it to internal and external audiences as required.
• Review and research policies and legislation related to Asset Management; compile, submit, and present policy-related recommendations.
• Advise senior and executive leadership on real estate strategy and asset management best practices.
• Partner with and advise Facilities Management on capital planning and improvements, reserve utilization, and repair projects.
• Perform other duties as assigned.

Benefits

• Extensive total rewards package and competitive compensation.
• Medical, dental, and vision insurance coverage.
• Student loan repayment options.
• Retirement savings plan with employer matching: 4.25% in the first year, 6% in the second year, and 8% in the third year.
• Paid time off beginning at four weeks of accrual per year, with accrual increasing with longevity.
• Up to 11 recognized holidays and two personal holidays, dependent on work shift schedule.
• Employer-paid life, short-term disability, and long-term disability insurance.
• Sabbatical program offering extended time off at years 7, 14, and 21.

What This Job Offers

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