Senior Asset Manager

Description

Sr. Asset Manager Location: Wallick Communities Corporate Office (New Albany, OH)
Job Type: Full-Time
Make a Difference—And Own Your Future Join Wallick Communities, a 100% employee-owned company with over 55 years of experience in providing affordable housing and assisted living for families and seniors across the Midwest. With 1,000+ associates and a mission to open doors to homes, opportunity, and hope, we take pride in fostering a supportive and collaborative work environment where every employee-owner plays a vital role. A Career with Wallick Means. . .

• Creating Homes for People Who Need It Most: Providing new beginnings for residents seeking affordable, safe and high-quality housing where they can thrive.
• Pay-on-Demand: access your money as you earn it.
• Exceptional Benefit Package: Health, dental, vision insurance effective within 2 weeks of starting your new job, paid time off, gym membership reimbursement, paid parental leave, 401K, and more!
• Work-Life Balance: Paid time off, including paid parental leave.
• Learning & Support: A supportive team that cares about your continued development, well-being and professional growth.
• Resident Stories That Stay with You: From Henry, who moved into his first-ever home, to Jaci, whose stay at a Wallick community allowed her to achieve homeownership and graduate college, kickstarting her dream career.
• Work-Life Balance: Paid time off, including paid parental leave.
• Career Growth: Tuition reimbursement, training, professional development, and advancement opportunities within a company that invests in its people.
• Employee Owned, Resident Focused: As a 100% employee-owned company, your daily work (supporting our residents) also contributes to your financial future by sharing in our profitability.

What You’ll Do

• Manage a portfolio of our most challenging, high-impact properties, crafting and executing turnaround plans with measurable success.
• Mentor and develop a high-performing team of asset managers, analysts, and interns.
• Lead policy and procedure development for Portfolio & Asset Management (PAM).
• Review and approve strategic, operating, and financial plans for each property, ensuring alignment with overall business objectives.
• Analyze financial reports, tax returns, and audited statements to identify opportunities for growth and improved performance.
• Conduct annual on-site inspections to assess physical conditions and recommend improvements.
• Collaborate closely with Affordable Housing Operations to identify and execute strategies that maximize property performance and profitability.
• Strategically plan capital expenditures and reserves to enhance asset value and marketability.
• Identify and manage debt restructuring opportunities and oversee loan processes from negotiation to post-closing.
• Act as the Owner’s representative when engaging with lenders, syndicators, regulatory agencies, and other key stakeholders.
• Support property dispositions and exits of Limited Partners related to LIHTC transactions.
• Actively participate on the Acquisition Team in evaluating and onboarding new properties.
• Seek out innovative, more efficient ways of doing business and encourage a culture of continuous improvement and open communication.

What We’re Looking For

• Bachelor’s degree in Business, Finance, or equivalent education and experience.
• 5+ years of experience in Real Estate Asset Management or a related analyst role.
• Strong understanding of accounting and real estate finance.
• Ability to read and analyze financial reports, partnership and loan documents, and make strategic recommendations.
• Experience applying advanced financial and mathematical concepts to evaluate business decisions.
• Knowledge of affordable housing laws and regulations is a plus.
• Proven decision-making skills that influence property and organizational outcomes.

Wallick’s Mission & Values At Wallick Communities, we believe in opening doors to homes, opportunity, and hope for our residents, associates, and community. Our core values guide everything we do:

• Care – We show compassion and respect for everyone.
• Character – We do the right thing, even when no one is looking.
• Collaboration– We work together to achieve more.

At Wallick, we celebrate Diversity, Equity, Inclusion + Belonging (DEI+B) in our workplace and communities, creating an environment where associates feel welcome, respected, and empowered to bring their authentic selves to the great work they do every day. For nearly 60 years, it has been at the core of our organization’s culture that all Wallick associates come to a safe and inclusive place to work. Wallick does not discriminate based on race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit-based factors. Join Us and Become an Employee-Owner! If you're ready to make a difference in people’s lives while securing your financial future, apply today! *Employment is contingent upon passing a pre-employment background check and drug screen