What are the responsibilities and job description for the Special Assets Manager position at Virginia Housing?
Overview
Join Virginia Housing and help make a difference as a Special Assets Manager.
This important role is responsible for monitoring and managing the physical condition and financial performance of Virginia Housing’s owned multifamily portfolio. This role supports the development of strategic direction for the owned assets and provides recommendations regarding property retention or disposition as the portfolio evolves. In addition, the Special Assets Manager actively oversees properties on the at‑risk and watch lists, with particular focus on those exhibiting elevated foreclosure risk.
Virginia Housing is one of the nation’s leading housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our lending and grant programs.
We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.
Role
To be successful in this role, you must possess:
This position will report to our Innsbrook location in Glen Allen, VA.
This position will close at midnight on 5/31/2026
Hiring Range: $109,000 - $147,500
A background and motor vehicle check will be performed as a condition of employment.
A Conflict-of-Interest Act Disclosure form and Secondary Employment Disclosure form will need to be completed as a condition of employment.
Virginia Housing requires associates to live and work within the Commonwealth of Virginia.
Internal applicants
(MR- 9) Please review relevant HR policy under 'Employment Practices' on the Zone before applying.
Apply through the Zone or at http://employees-virginiahousing.icims.com/ .
-EOE-
V3 Certified Military friendly employer
Join Virginia Housing and help make a difference as a Special Assets Manager.
This important role is responsible for monitoring and managing the physical condition and financial performance of Virginia Housing’s owned multifamily portfolio. This role supports the development of strategic direction for the owned assets and provides recommendations regarding property retention or disposition as the portfolio evolves. In addition, the Special Assets Manager actively oversees properties on the at‑risk and watch lists, with particular focus on those exhibiting elevated foreclosure risk.
Virginia Housing is one of the nation’s leading housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our lending and grant programs.
We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.
Role
To be successful in this role, you must possess:
- A bachelor’s degree in a business-related field, or an equivalent combination of experience and professional certifications (such as CPM or CCIM) that demonstrate strong professional competency.
- Working knowledge of real estate analysis, asset management, and/or property management practices
- The ability to conduct on-site property inspections, including navigating buildings, stairways, and grounds.
- Strong organizational and prioritization skills, with demonstrated attention to detail.
- A valid driver's license
- Experience in commercial real estate acquisition and property disposition.
- Knowledge of procurement procedures and familiarity with construction documents, including plans and specifications.
- Experience with, or coursework in, analyzing operating budgets and audited financial statements.
This position will report to our Innsbrook location in Glen Allen, VA.
This position will close at midnight on 5/31/2026
Hiring Range: $109,000 - $147,500
A background and motor vehicle check will be performed as a condition of employment.
A Conflict-of-Interest Act Disclosure form and Secondary Employment Disclosure form will need to be completed as a condition of employment.
Virginia Housing requires associates to live and work within the Commonwealth of Virginia.
Internal applicants
(MR- 9) Please review relevant HR policy under 'Employment Practices' on the Zone before applying.
Apply through the Zone or at http://employees-virginiahousing.icims.com/ .
-EOE-
V3 Certified Military friendly employer
Salary : $109,000 - $147,500