Asset Manager

Salary: $75,300.00 - $94,100.00 Annually Asset Manager About Community Corporation of Santa Monica Community Corp is a mission-driven nonprofit dedicated to restoring, building, and managing affordable housing. Since 1982, we have developed and preserved over 2,000 homes throughout Santa Monica and the Westside. Our work goes beyond housing we strengthen neighborhoods, support thriving communities, and create lasting impact for thousands of residents. By expanding access to affordable housing, we help make our communities more inclusive, sustainable, and supportive for all. Position Overview We are seeking a strategic and analytical Asset Manager to help drive the financial performance and long-term sustainability of our affordable housing portfolio. In this role, you will evaluate property performance, ensure compliance with complex regulatory requirements, and collaborate cross-functionally with Property Management, Maintenance, and Housing Development teams. This is a high-impact position for someone who thrives at the intersection of finance, data, and mission-driven work. Seeking an Asset Manager to join our team as we transition to a data-driven environment. Strong analytical skills and a background in data analysis or advanced analytics are highly preferred. Compensation and Benefits Salary Range: $75,300 – $94,100 annually Medical insurance Dental and vision insurance 4 weeks of paid vacation 403(b) retirement plan 120 hours of sick time Paid holidays Mileage reimbursement 9/80 work schedule (every other Friday off!) Sign-on incentive Responsibilities Leverage systems such as Yardi to enhance real-time reporting and portfolio analytics Develop dashboards and reports to monitor financial and operational performance Present findings and recommendations to leadership and Board members Ensure compliance with regulatory agreements and funding requirements Support resolution of operational and financial issues, including reserve requests and fund transfers Coordinate responses to government agencies, lenders, and investors Participate in annual property budgeting and financial planning Complete and monitor annual Welfare Tax Exemption preparation, filing, and follow through (billings) Create and implement plans for Limited Partners to exit properties financed with Low Income Housing Tax Credits (LIHTC). Lead efforts to restructure the debt and equity on individual properties and pools of properties. Contribute to decisions regarding maximizing property cash flow and fees paid to Community Corp. Skills Multifamily experience in affordable housing development and/or property management. Relevant experience in multifamily property management for a general or limited partner. Specific knowledge of affordable programs, such as IRS Section 42 (LIHTC), HUD, LAHD, HCD, and CDLAC. Previous experience must include responsibilities for understanding property budgets, variance analysis, capital improvement plans, investor and lender reporting requirements. Detailed knowledge of and ability to interpret legal documents such as loan documents, limited partnership agreements, regulatory agreements and agreements for the provision of resident services. Advanced Microsoft Excel skills required (modeling, analysis, reporting) Strong analytical thinking with the ability to make sound, data-driven decisions Excellent interpersonal skills with the ability to collaborate across all levels Strong written, verbal, and organizational skills Self-motivated, detail-oriented, and adaptable Ability to balance independent work with team collaboration Education and Experience 3–5 years of relevant job experience preferred Experience in nonprofit or multi-funded housing organizations is a plus Supervisory Responsibilities This position does not include supervisory responsibilities Physical Requirements Ability to sit and use office equipment and computers for the majority of the workday Ability to lift up to 25 pounds Fast-paced office environment with multiple priorities and deadlines Requires focus and adaptability in an environment with frequent interruptions Travel Requirements Occasional local travel within Santa Monica to visit properties Air travel for conferences and trainings will as be required Valid California driver’s license and insurance required Background Check and Driving Record will be Conducted Community Corp. is an Equal Opportunity Employer #J-18808-Ljbffr