Asset Management Analyst at TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION | San Francisco, USA | Rezi

Asset Management Analyst at TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION

Asset Management Analyst

TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION · San Francisco, USA

1 months ago

Asset Management Analyst

TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION · San Francisco, USA

a month ago
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About the Role

The Asset Management Analyst supports the Asset Management Department in overseeing TNDC’s affordable housing portfolio. This role primarily helps evaluate property performance, supports budgeting and forecasting, manages funder relationships, and reports to stakeholders. The Analyst contributes to long-term asset strategies that preserve and strengthen communities and ensures efficient day-to-day operations of the Asset Management division.

Responsibilities

  • Provide analytical and operational support across the Asset Management department and its affordable housing portfolio.
  • Support monitoring of property performance against annual asset management plans, budgets, and long-term asset strategies.
  • Participate in interdepartmental meetings to review portfolio performance and maintain up-to-date notes, data, and variance analysis.
  • Help maintain individual asset management plans and support Asset Managers in tracking progress toward strategic goals.
  • Assist with evaluating and planning affordability compliance milestones.
  • Provide support for lender and investor-related compliance and reporting and governmental filings pertaining to the portfolio.
  • Manage relationships with asset management reporting points of contact for multiple funders and public agencies.
  • Collect and centralize monthly and quarterly financial results for the Asset Management Team.
  • Maintain relationships with internal TNDC stakeholders including Accounting/Finance staff and Property Operations staff.
  • Maintain internal asset management reports, dashboards, and performance summaries.
  • Maintain databases of key portfolio performance indicators and prepare briefings on data and trends.
  • Play a direct role in supporting asset-level transactions such as refinancings, limited partner exits, recapitalizations, property re-positionings, and other strategic initiatives.
  • Lead property tax administration and protest processes.
  • Manage requests to and from funding stakeholders, such as reserve withdrawals, rent increases, and periodic reporting.
  • Assist the Asset Management Team in annual responsibilities associated with completion of year-end financial reports and audits.
  • Participate in a support role in transactional asset management activities that support new real estate development projects and portfolio recapitalization activities.
  • Coordinate with Accounting, Compliance, and Property Management departments to ensure timely and accurate data for reporting and decision-making.
  • Lead and/or support ad hoc projects for the Asset Management and other departments, as needed.
  • 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.
  • Perform other duties as requested.

Requirements

  • Ability to work collaboratively in a mission-driven, cross-functional environment.
  • Detail-oriented, with strong organizational, time management, and prioritization skills.
  • Demonstrates a strong willingness to learn and grow, and both readily offers support to colleagues and embraces support from others in a collaborative team environment.
  • Excellent written and verbal communication skills.
  • Ability to operate office equipment such as personal computers and calculators.
  • Ability to coordinate eyes, hands, and fingers in performing word processing, writing, reading, and similar tasks.
  • Ability to lift 10-15 pounds.
  • Visual acuity is necessary to review documents.
  • Hearing acuity sufficient to use telephone and communicate with staff and stakeholders.
  • Ability to perform sedentary to light physical work involves sitting most of the time.
  • Ability to work in an office environment.
  • Ability to travel to various work sites as needed.
  • Ability to add, subtract, multiply, divide, and calculate decimals, ratios, percentages, and fractions.
  • Ability to calculate weights and measures.
  • Ability to comprehend and correctly use informational documents including contracts.
  • Ability to communicate effectively with residents, coworkers and staff at all levels, government officials, both verbally and in writing.
  • Bachelor's degree and at least 2 (two) years of relevant work 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 (Excel, Word, PowerPoint).
  • Knowledge of property management and real estate investment management software and applications a plus, including but not limited to: Yardi, MRI, Boston Post, Integratec.
  • Strong analytical skills and solid understanding of financial statements (income statement, balance sheet, and cash flow statement) and property-level performance metrics.
  • Prior exposure to working with loan documentation, partnership or joint venture agreements, or real estate transaction processes.
  • Understanding of affordable housing financing and compliance structures (for example, LIHTC, HUD, or other subsidy programs).
  • Ability to collect, organize, and interpret property-specific data sets and performance indicators.

Skills

  • Microsoft Office Suite (Excel, Word, PowerPoint)
  • Yardi
  • MRI
  • Boston Post
  • Integratec
  • Financial statements analysis
  • Property-level performance metrics analysis
  • Loan documentation
  • Partnership or joint venture agreements
  • Real estate transaction processes
  • Affordable housing financing
  • Compliance structures (LIHTC, HUD, subsidy programs)
  • Data collection
  • Data organization
  • Data interpretation

Location

  • 145 Taylor Basement Office - San Francisco, CA 94102
  • 145 Taylor Street, San Francisco

Work Type

  • Full Time
  • Regular, full-time (40 hours/week)
  • Hybrid, 3 days on site, 2 days remote

Experience Level

  • At least 2 (two) years of relevant work experience

Education Level

  • Bachelor's degree

Salary/Compensations

  • $37.83 - $41.17 Hourly

About the Company

  • Tenderloin Neighborhood Development Corporation is an Equal Opportunity Employer.

Equal Opportunity

  • In compliance with the San Francisco Fair Chance Ordinance (August 13, 2014), all qualified applicants with criminal histories will be considered for the position.