Asset Manager

---

Job description

Job Details

Job Location
1825 San Pablo Avenue - Oakland, CA

Position Type
Part Time

Job Description

Emphasizing our historic and continuing commitment to Asian and Pacific Islander communities, the East Bay Asian Local Development Corporation (EBALDC) works with and for all the diverse populations of the East Bay to build healthy, vibrant and safe neighborhoods through community development.

EBALDC is a first-generation social enterprise founded in 1975 that has consistently generated >75% of our revenue from earned income. Our businesses and programs generate revenue to support sustained social impact. We oversee a diverse range of businesses and programs, including real estate development, property management, social services, and professional services, some of which are corporate operations and others are operated as subsidiaries and through partnerships with public and private partners.

EBALDC is dedicated to building a culturally diverse and pluralistic organization committed to working in multicultural communities, and strongly encourages minorities, people of color and women to apply for our employment opportunities. EBALDC is an equal opportunity employer and makes employment decisions on the basis of merit, including the applicant's ability to champion EBALDC mission, values and organizational culture. EBALDC wants to have the best available persons in every job. EBALDC policy prohibits unlawful discrimination on any basis protected by federal, state or local law or ordinance or regulation.

For more about our accomplishments and our mission, please visit:

East Bay Asian Local Development Corporation (EBALDC) is seeking a regular part-time Asset Manager at the EBALDC Main Office located in Oakland, CA .

Summary:

The Asset Manager is responsible for monitoring the operational and financial performance of EBALDC's portfolio, investor and lender compliance, and assist the Associate Director of Asset Management in the refinancing and rehabilitation necessary to preserve EBALDC's portfolio. The Asset Manager works closely with the Associate Director of Asset Management to identify and implement long-term strategies to improve property performance to meet organizational objectives.

Key Duties and Responsibilities:

• Closely monitor and consistently report on the operational and financial performance of the portfolio of properties
• Responsible for third party property management relationships and monitoring the performance of the properties they manage
• Work closely with property management to maximize performance of the portfolio
• Work with property management to reduce portfolio-wide energy usage
• Assist Associate Director of Asset Management in limited partner buy-outs, debt refinancing, re-syndications, and capital planning
• Be familiar with partnership agreements, financing documents, regulatory agreements, tax returns and other property documents
• Prepare funding applications for local government entity rehab loans
• Be responsible for compliance and excellence of data / reporting packages for all lenders and investors
• Coordinate and monitor timely and accurate completion of Property Tax Welfare Exemptions
• Coordinate transition from development to operations including document transition, creation of property records, data accuracy, binders, regulatory compliance, budgeting, LP payment and 8609 processing
• Financial reporting analysis, interpretation, recommendations
• Perform other assignments and duties as assigned

Preferred Qualifications

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and /or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelors Degree or graduate degree in accounting, finance, business administration, or related field
• Strong experience in affordable housing and/or multi-family residential real estate finance preferred
• Ability to prepare financial feasibility analyses, conduct research, and prepare narrative reports and proposals
• Competency in Yardi (or similar), Microsoft Office 365, Sharepoint, Salesforce preferred
• Capability to analyze complex problems
• Ability to work effectively with development professionals, public officials, and low- income tenants
• Experience with or strong interest in non-profit organizations
• Strong attention to detail
• Excellent written and oral communication skills
• Excellent time management skills and ability to set priorities
• Flexible, pragmatic, problem-solver
• Strong computer skills primarily on Excel, Word and Access software (or comparable)

Physical Demands:

• This job requires simple grasping and fine manipulation, sitting at a desk and using a computer for extended periods of time, moderate use of telephone, walking, bending and reaching. Requires occasional lifting or moving of objects up to 25 pounds, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Benefits and Other Information:

EBALDC offers excellent benefit. EBALDC pays up to 95% of employee premiums and 60% of dependent premiums for Medical, Dental, Vision, LTD and Life, EAP, Retirement, Paid Time Off, CA Paid Sick Leave, Holidays and Wellness Days off for all eligible employees.

**All candidates will be subject to a background check and COVID-19 Vaccination is required as a condition of employment**

Please NO PHONE CALLS!

EBALDC is an EOE/AA Employer