Affordable Housing Asset Manager

Job Summary

The Tangram Group is seeking a highly motivated and detail-oriented Affordable Housing Asset Manager with at least 5 years of experience in the affordable housing industry in New York City. The Asset Manager will oversee the performance of a diverse portfolio of affordable housing properties, working in close partnership with third-party property management. The role’s primary objectives are to drive revenue and reduce operating expenses through disciplined, proactive management.

Key Responsibilities

• Manage a portfolio of NYCHA PACT properties, ensuring all financial, operational, and compliance goals are attained.
• Oversee the financial performance of properties, including preparing and analyzing financial reports, approving budgets, and driving analysis to facilitate better decision making.
• Liaise with property management companies to ensure effective day-to-day operations of properties.
• Conduct forensic analyses of financial statements and operational reports to identify opportunities for operational efficiencies and cost reductions.
• Work directly with third-party vendors, ensuring timely and accurate reporting and resolving issues as they arise.
• Review and approve the preparation and submission of regulatory filings and reports to local and state agencies.
• Build and maintain strong relationships with internal teams, property management, and third-party service providers to ensure collaborative and efficient property management.
• Provide recommendations for capital improvements and strategies to enhance asset value and performance.

Qualifications

• A minimum of 5 years of experience in affordable housing asset management, particularly in New York City with either large HUD or NYCHA PACT properties.
• Ability to synthesize complex information and communicate it clearly to key stakeholders.
• Proficiency in Excel, with advanced skills in financial analysis and reporting.
• Excellent attention to detail, with a forensic approach to problem-solving and data analysis.
• Strong interpersonal and communication skills with the ability to build and maintain professional relationships.
• Self-starter with the ability to work independently and collaboratively in a fast-paced environment.
• Bachelor’s degree in business, finance, or real estate is preferred.

Key Competencies

• Analytical Thinking
• Problem-Solving
• Communication and Interpersonal Skills
• Attention to Detail
• Relationship Building
• Organizational and Time Management Skills

Compensation

• Base compensation will be commensurate with experience.
• Compensation also includes profit-sharing interests.

Job Type: Full-time

Pay: From $125,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Parental leave
• Vision insurance

Experience:

• Asset management: 5 years (Preferred)

Location:

• New York, NY 10019 (Preferred)

Work Location: In person