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