The Director of Asset Management will be responsible for developing and implementing standard reporting protocols to lenders, investors and other stakeholders; overseeing the development and implementation of short-term and long-term capital plans; adherence to compliance requirements typical of affordable housing properties; identifying and implementing operational improvements; and preparing properties for successful year-15 transactions. The Direct of Asset Management will report directly to the Vice President of Redevelopment and will work closely with other KCDC executive and director-level staff. This position will be full-time and onsite at KCDC’s main office in Knoxville, TN.
TO BE EFFECTIVE IN THIS ROLE YOU WILL NEED
- Passion to serve our local community through the work at KCDC
- Ability to relate to and encourage staff to achieve agency goals
- Excellent analytical and management skills
- Excellent time management skills
- Technical knowledge necessary to perform all job responsibilities
- A tireless work ethic
- A positive attitude and ability to think outside the box
MINIMUM REQUIREMENTS
- Bachelor’s degree with a concentration in Real Estate, Finance, or Business preferred and five to ten years of experience in affordable multi-family real estate (regional property management, asset management or development preferred.
- Experience with and knowledge of LIHTC and HUD programs required.
- Strong analytical and quantitative skills with knowledge of real estate accounting principles.
- Ability to read, analyze, and interpret complex business documents including partnership agreement. loan documents and regulatory agreements.
- Ability to make effective and responsible business decisions with minimal oversight.
- Proficiency with Microsoft Office suite; a strong understanding of Excel is a necessity.
- Must possess a valid driver’s license and be insurable under the KCDC’s automobile insurance plan at the standard rate.
BENEFITS
- Ensuring you rest from work with generous paid time off benefits
- 11 paid holidays annually
- 2 to 5 weeks paid vacation annually with a 240-hour roll-over
- 12 paid sick days annually
- Saving you money and preparing you for retirement
- Flexible Spending Accounts for medical and dependent care expenses
- Pre-tax insurance premiumso Defined Contribution Retirement Plan with 8.8% company contribution; No contribution required by you
- Roth Account, a post-tax retirement savings plan
- Deferred Compensation Plan (457b account), a pre-tax retirement savings plan
- Taking care of you and your loved ones
- Medical, dental, vision, and life insurance options
- Long-term and short-term disability insuranceo Free Employee Assistance Program
- Helping you achieve a healthy lifestyle and work/life balance
- The Healthy Track, a comprehensive wellness programo Remote workplace options
- Flexible work hours
- Supporting your growth and advancemento
- Funds available for Continuing Education Credits (CEUs)
- Tuition assistance for college coursework