Director of Asset Management

JOB SCOPE:

The Director of Asset Management is a Senior Manager with responsibility for the financial viability of PCMH’s properties. The Director of Asset Management will provide direct supervision and oversight to the Property Managers, whose duties include managing occupancy & leasing, LIHTC certification/re-certification, timely rent collection, overseeing legal action, and managing tenant relationships. Major areas of responsibility include compliance with tax credits and regulatory agencies (such as NYSHCR, NYS HHAP, NYC HPD, HOME, etc.), monitoring rent collection rates, and enforcing lease terms. Position requires interfacing with government entities, PCMH site staff, and tenants. Responsible for overall policies and procedures for leasing, rents, and compliance

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ESSENTIAL FUNCTIONS:

• Direct all aspects of leasing, compliance and reporting, and internal systems related to achieving the highest outcomes for quality and occupancy
• Ensure thorough, accurate and complete reporting to all funders and regulators
• Participate in agency operations with the CFO, Executive VP, VP for Residential Operations, Deputy Vice President of Real Estate, Financial Director of Residential Services, and other residential staff, oversight agencies, tenants and community groups
• Prepare written reports on monthly rent collection rates and rental arrears across all properties
• Keep PCMH Administrators and Managers aware of significant leasing and compliance related issues
• Maintain positive relations with funding agencies and regulators
• Oversee LIHTC initial certification and re-certification process
• Execute marketing and advertising for apartment leasing
• Investigate and resolve tenant complaints related to leasing and rents
• Enforce occupancy policies and lease terms and direct eviction
• Provide supervision to the Property Managers and work collaboratively with site staff on compliance related issues
• Work collaboratively with the facility & maintenance staff to ensure that the property is well-maintained, including ensuring that repairs and unit turnovers are completed in a timely manner
• Keep abreast of industry trends by attending appropriate trainings, seminars, conferences and community meetings
• Oversee legal cases and evictions within the residential division
• Perform other duties as assigned by Executive Management

EDUCATION AND EXPERIENCE:

• Bachelor’s degree or Master’s degree in business administration, real estate, or a related field preferred; Minimum of High School Diploma with 10 years’ experience in the field considered
• Five years’ experience with issues related to Low Income Housing Tax Credits and compliance with governmental regulations
• Five years’ experience working with a Special Needs population
• Three years of supervisory experience