Asset Management Analyst (Foster City)

About MidPen

At MidPen, we build communities that change lives. Since 1970, we have been committed to our mission: to provide safe, affordable housing of high quality to those in need; establish stability and opportunity in the lives of residents; and foster diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect.

We develop affordable housing, provide professional property management for all our communities, and coordinate robust onsite support programs that help residents thrive. We are active in 12 Northern California counties and have earned recognition as one of the nation's leading non-profit developers and stewards of affordable housing. Our current portfolio of more than 130 properties is home to 20,000 working families, seniors, and people with special needs. We take pride in delivering affordable housing solutions, and we invite you to join us on a journey toward social, economic, and racial equity.

MidPen is, once again, proud to be certified as an official Great Place to Work® in 2025.

Location: Foster City Corporate Office

Asset Management Analyst

The Asset Management Analyst provides support to the Asset Management Department with a specific focus on the portfolio of their Asset Manager supervisor. The support includes administrative responsibilities, reporting analysis, and involvement in special projects as assigned. This position is critical to the department's continued effort to support other departments and provide excellent customer service to lenders, agencies, and partners.

Responsibilities

• Prepare monthly, quarterly, and annual reports for investors, lenders, and regulatory agencies
• Analyze property financials, budgets, and portfolio performance
• Provide excellent customer service to internal and external stakeholders
• Coordinate communications and manage requests from investors, lenders, partners, and agencies
• Ensure timely delivery of audited financials, budgets, and other required reports
• Research and interpret partnership agreements, financing documents, and regulatory requirements
• Monitor financial and legal requirements within the portfolio
• Maintain accuracy of data in reporting and database systems
• Support reserve draws, capital/construction projects, and assigned tasks related to annual budgeting and proforma modeling
• Produce analyses, reports, presentations, and memos as needed

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 education, knowledge, skill, and/or ability required.

Knowledge, Skills, and Abilities

• Proficiency using Excel, Word and Outlook
• Ability to prepare financial reporting and perform analysis
• Detail oriented and able to comprehend and research legal documents
• Excellent reading, written, and verbal communication
• Ability to work both within a team and independently
• Commitment to the Mission and Values of MidPen
• Must have valid California driver's license, reliable transportation, and proof of current auto insurance policy

Physical Requirements

• Constantly perform desk-based computer tasks, frequently sitting
• Occasionally stand/walk, reach/work above shoulders, grasp lightly/fine manipulation, grasp forcefully, use a telephone, sort/file paperwork or parts, lift/carry/push/pull objects that weigh up to 15 pounds
• Rarely twist/bend/stoop/squat, kneel/crawl

Education and Experience

• Bachelor's degree in Finance, Business Administration, Accounting, or related field, plus two years' relevant work experience, or an equivalent combination of education and relevant work experience
• Master's Degree or experience in real estate, low-income housing, accounting or asset management preferred

Pay Range

$70,304 - $76,500 Annual Salary - Pay based on applicable experience and qualifications

Benefits and Compensation (see here for full details)

• Health Insurance
• Dental, Vision, Life & Disability Insurance
• 403(b) Retirement Investment
• Employee Education Reimbursement Program
• Paid Parental Leave
• FSA for Childcare, Medical, and Commuter Benefits
• EAP Program
• Pet Insurance
• Paid Time Off
• Company Holidays
• Wellness Days

EQUAL OPPORTUNITY EMPLOYER

MidPen Housing Corp. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

We are committed to providing an inclusive and accessible hiring process. If you need a reasonable accommodation for any part of the application or interview process, please notify your recruiter. Consistent with its obligations under the law, MidPen Housing Corp. will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.