Job Opportunity
Asset Manager
Grade: 65Position Number: AM-OCC740
Salary: Commensurate with experience
The Manager is responsible for reviewing and/or supervising asset management activities, including conducting annual Asset Management Review and quarterly status review of financial, operational, and waitlist management to ensure program compliance for PRA units. This position is also responsible for working closely with PRA Owners and management firms to assess operational performance relative to long term strategic planning and detailed service levels. This position serves as the key contact for on-going monitoring and communication with Owners and management firms during the contract period.
Some specific responsibilities for this position include the following:
- Ensures Owner/management firm compliance with program requirements;
- Monitors PRA HAP contracts, financial and occupancy reporting, inspections, rent adjustments, and program compliance;
- Act as the lead for annual Asset Management Review initiation and any prescribed follow-up;
- Conducts regular analysis of operating statements, budgets, property condition reports and other data relating to asset management, reporting to Director of Property Rental Assistance;
- Maintains clear and consistent communications with Owner or management representative regarding project capital and operating budgets, lease up, maintenance, rent collections, annual monitoring, and program requirements;
- Acts as team lead for program staff to identify and meet CHA property goals: occupancy, revenue, cost and resident service objectives.
- Identifies and recommends strategic plans for each property including capital repairs, compliance/procedural changes, and leasing/marketing efforts.
- Interfaces with MAP and internal audit to provide required HUD documentation.
- Represent the CHA before public bodies and community and neighborhood groups as appropriate.
- Works with Owner and management company representative to coordinate pre-leasing activities prior to HAP execution as appropriate.
