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Asset Manager
$118k-183k (estimate)
Full Time 3 Weeks Ago
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Settlement Housing Fund, Inc. is Hiring an Asset Manager Near New York, NY

JOB SUMMARY: The Asset Manager will oversee property performance for a portfolio of SHF’s properties through comprehensive financial review, budget and capital approvals, and close working relationships with SHF’s third party property managers to ensure high-quality resident services. The Asset Manager will identify and solve problems and measure progress in a variety of areas including property maintenance, financial performance, capital improvements, and reporting.

Salary Range: $95,000 - $105,000 commensurate with experience.

To be considered, please upload your resume and cover letter.

SHF offers excellent benefits, including (but not limited to):

Hybrid work schedule (2 days in office, 3 days remote)

Medical

Dental

Vision

403(b) - with employer contribution day 1

Paid Parental Leave

Comprehensive PTO Package

Tuition Reimbursement

and More!

Job Duties include but are not limited to:

Analyze and track performance metrics that quantify the physical and financial health of the portfolio for use in monitoring and reporting;

Investigate significant performance indicators and propose strategies and solutions to improve performance;

Monitor real estate tax abatement submissions, utility purchasing, insurance renewals, Local Law compliance, and other strategic operations objectives;

Review and approve annual operating budgets prepared by third-party property managers against ownership’s asset management objectives;

Submit materials for approval to lenders and investors such as requests to draw from reserves, adjust rental subsidy contracts, and others;

Work with accounting team to coordinate annual financial audits and distribution of surplus cash;

Conduct semi-annual site visits to assigned properties to assess physical health and maintenance of buildings and more frequent site visits as necessary;

Plan and participate in town hall meetings with residents onsite;

Prepare communications for residents and community stakeholders including meeting agendas, letters, presentations, or other materials as needed;

Communicate with internal and external stakeholders to complete compliance reporting in accordance with applicable lender, investor, and governmental regulatory governance;

Coordinate and notify properties of upcoming governmental and other stakeholder inspections and track progress of each inspection from initial notice to completion.

We are committed to hiring from a diverse pool of candidates. We are creative in our work and if you don’t meet all of the qualifications below but have others that make you well-suited to this role, we highly encourage you to apply. Settlement Housing Fund is an equal opportunity employer.

Job Summary

JOB TYPE

Full Time

SALARY

$118k-183k (estimate)

POST DATE

04/07/2024

EXPIRATION DATE

06/05/2024

WEBSITE

settlementhousingfund.org

HEADQUARTERS

NEW YORK, NY

SIZE

25 - 50

FOUNDED

1969

CEO

CAROL LAMBERG

REVENUE

$10M - $50M

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About Settlement Housing Fund, Inc.

Settlement Housing Fund is a citywide nonprofit organization whose mission is to create and sustain high quality affordable housing and programs, building strong and economically diverse neighborhoods throughout New York City. Settlement Housing Fund works closely with community partners to provide low- and moderate-income New Yorkers with pathways to long-term affordable housing, education, employment and wellness. Since 1969, we have developed 63 projects with over 8,700 apartments that are home to more than 25,000 low and middle income residents, including formerly homeless families. Throug...h nonprofit affiliates, Settlement Housing Fund currently owns 35 buildings with nearly 2,000 apartments in the Bronx, Brooklyn and Manhattan. In addition to developing our own buildings and creating and managing programs, Settlement Housing Fund serves as a marketing / lease-up consultant to real estate developers throughout New York City, as well as an administering agent and an HDFC partner. More
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Settlement Housing Fund, Inc.
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The following is the career advancement route for Asset Manager positions, which can be used as a reference in future career path planning. As an Asset Manager, it can be promoted into senior positions as a Top Asset Management Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Asset Manager. You can explore the career advancement for an Asset Manager below and select your interested title to get hiring information.

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If you are interested in becoming an Asset Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Asset Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Asset Manager job description and responsibilities

Preparing risk analyses and financial, investment, and asset management reports.

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Reviewing policies and making recommendations for potential adjustments.

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Researching relevant markets and identifying trends and patterns.

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Liaising and negotiating with fund directors, property managers, attorneys, auditors, etc.

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Designed and executed asset management procedures and processes to maintain control and to monitor the accountability, maintenance and contracts.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Asset Manager jobs

Government agencies, non-profit organizations, and companies are required to provide comprehensive reports on how they acquire, utilize, and dispose of assets.

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Digitize and automate Asset Management.

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Don’t work to one-year objectives.

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Previous experience as an analyst or asset manager is an advantage.

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Knowledge in doing risk analyses and financial, investment, and asset management reports is a plus.

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Step 3: View the best colleges and universities for Asset Manager.

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