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Director of Asset Management

$135k - $150k

East Bay Asian Local Development

Director of Asset ManagementEBALDC is looking for an experienced Director of Asset Management to join our team and help lead the stewardship of our affordable housing portfolio. This is an exciting opportunity for an asset management leader who brings strong financial acumen, understands the complexities of affordable housing, and knows how to lead a team while keeping a close eye on portfolio performance. Reporting to the VP of Asset Management, the Director will lead the day-to-day work of the Asset Management department and help turn our long-term portfolio strategy into action.In this role, you'll:Lead and develop a team that includes a Senior Asset Manager, Residential Facilities Liaison and Portfolio Financial Analyst,Oversee financial and operational performance across the portfolio, including budgets, forecasts, cash flow, reserves, and key performance indicators.Proactively identify risks, opportunities, and underperforming assets and drive action toward resolution.Partner across Property Management, Real Estate Development, Finance, Resident Services, and other teams on complex portfolio issues.Ensure lender, investor, partner, and regulatory obligations are effectively managed.Support broader portfolio strategies, including refinancing, recapitalization, resyndication, and repositioning.Strengthen systems, reporting, and processes that support effective portfolio oversight and decision-making.We're looking for someone who brings:Significant experience in real estate asset management, portfolio management, or real estate finance.Strong knowledge of affordable housing and its financial and operating structures.Excellent financial analysis and problem-solving skills.Experience supervising and developing professional staff.The ability to see the big picture while knowing when to dig into the details.Strong judgment, collaboration, and the ability to move complex issues forward.Why This Role Matters EBALDC's real estate portfolio represents more than a collection of properties—it represents a long-term commitment to the communities we serve. Strong asset management helps ensure that our properties remain financially sustainable, well-positioned for future investment, and able to continue serving residents and communities for generations. The Director of Asset Management plays a critical role in that stewardship. Working in partnership with the Vice President of Asset Management, this position ensures that our portfolio strategy is supported by disciplined execution, strong financial oversight, proactive risk management, and a high-performing Asset Management team.Compensation The salary range for this position is $135,000–$150,000 annually. Placement within the range will be based on relevant experience, skills, and qualifications.Ready to apply? If you're a collaborative leader who is excited about using your asset management expertise to strengthen the long-term sustainability of affordable housing and support communities for generations to come, we'd love to hear from you.Equal Employment OpportunityEBALDC is an equal opportunity employer and is committed to creating an inclusive environment for all employees and applicants. Employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status, or any other status protected by applicable law.Fair Chance HiringIn accordance with the California Fair Chance Act, qualified applicants with arrest or conviction records will be considered for employment.At-Will EmploymentEmployment with EBALDC is at-will and may be terminated at any time, with or without cause or notice, in accordance with applicable law.Accommodation RequestIf you require a reasonable accommodation during the application or interview process, please contact Human Resources – View email address on click.appcast.io

Vacancy posted 23 hours ago
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