What are the responsibilities and job description for the Asset Specialist position at Jamboree?
We’re looking for dedicated team members to join Orange County’s largest nonprofit developer of high-quality affordable housing and services. Join us in our mission to transform lives and strengthen communities for thousands of families, seniors, veterans, transitional age youth, and individuals coming from homelessness in California.
Primary Objective of Position:
The Asset Specialist works to provide direct support to the Asset Management department and reports to the Senior Directors of Asset Management and Real Estate Operations. This role helps to coordinate department objectives, works collaboratively with internal departments, and supports communication with Property Management Agents, lenders, community partners, and other stakeholders to ensure alignment with Jamboree’s mission. The Asset Specialist assists in maintaining the financial health of each property, supporting compliance with regulatory and contractual requirements, and completing internal and external reporting accurately and on time.
Major Areas of Accountability:
- Trains the Asset Coordinator
- Prepare all initial and renewal CHDO applications.
- Research various rules and regulations related to affordable housing investments
- Review annual budgets of properties in assigned portfolio, prepare all agency reports and distribute to all partners
- Perform on site inspections of communities and prepare report of findings in assigned portfolio
- Collects data for first time property exemptions and transfers
- Responsible for annual property tax exemption filings
- Responsible for all routine compliance reporting in assigned portfolio
- Collect and prepare due diligence required for lender conversions
- Assist with property conversions from construction to completion in assigned portfolio
- Attend routine educational programs to earn housing credentials, undertake leadership and management training and to develop professional abilities.
- Other duties as assigned
Level of Education, Experience and Skill Set:
- Familiarity with affordable housing programs such as LIHTC, HUD, or PBV
- Proficiency in Yardi, Smartsheet, and Excel (including pivot tables and VLOOKUP)
- Strong organizational and communication skills with the ability to manage multiple deadlines and priorities
- Experience supporting financial reporting, compliance tracking, and investor/lender communications
- Comfortable working with property-level data, including occupancy, reserves, and financials
- Demonstrated ability to work cross-functionally with asset managers, property managers, and finance teams
- A proactive, team-oriented mindset with a desire to learn and grow.
- Bachelor’s Degree or equivalent preferred
- 1-2 years experience with low-income housing, property management, or leasing preferred (HUD, PBV, LIHTC compliance, tenant file audits, or REAC inspections).
- Job may include occasional evening or weekend work hours
Physical Demands:
The Asset Specialist is required to talk and hear. The employee is often required to sit and use their hands and fingers to handle or feel. The employee is required to stand, walk, reach with arms and hands, climb, balance, twist, lean, move from one location to another and to stoop, kneel, crouch or crawl. Vision abilities required by this job include close and far vision. Ability to, operate a computer keyboard, and lift files and reports. Exposure to glare from a computer.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Must be able to lift 25 lbs and travel via automobile 25%.
Work Environment:
The work environment will usually be in a professional office setting, with possible shared workspace. The noise level is usually quiet to moderate. When traveling the environment will change dependent upon the site visiting.
Salary : $32 - $36