Senior Asset Manager - Atlanta Regional Office

Description

Dominium is helping tackle the affordable housing crisis - and we're looking for motivated candidates to join our team and advance our mission. With offices in Atlanta, Dallas, Phoenix and Minneapolis, Dominium is one of the nation's most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents to foster a strong sense of community and connection.

Join us in making a difference in people's lives every day at a company where you can challenge yourself to develop both personally and professionally.

POSITION SUMMARY:

The Senior Asset Manager role requires strong leadership, communication, analytical, and strategic planning skills to drive the success and growth of Dominium's multifamily portfolio. As a Senior Asset Manager at Dominium, you will play a pivotal role in overseeing the physical, financial, and operational aspects of a diverse portfolio of multifamily communities, encompassing both market rate and affordable housing. Your primary objective will be to maximize the long-term value of these communities.

ESSENTIAL FUNCTIONS:

1. Evaluates the physical, financial, and operational aspects of a diverse portfolio of multifamily communities consisting of market rate and affordable communities to maximize long-term value.
2. Communicates regularly with Property Management, Project Partners, and other stakeholders as needed to drive portfolio performance and advance portfolio goals.
3. Creates, analyzes and evaluates reports, data, and other information to effectively monitor portfolio goals and performance.
4. Develops partnerships with multiple stakeholders, departments, and third parties through clear, intelligent, and routine communications. Ensure all reporting packages for limited partners, lenders, and others are prepared and submitted as required and timely.
5. Prepares action plans, reports, and other deliverables as requested by the Project Partner to address short, mid, and long-term performance.
6. Partners with interdepartmental teams with the planning and execution of value events including acquisitions, refinancing, repositioning, resyndications and sales within the portfolio.
7. Ensures adherence to proforma and the quality and timeliness of stakeholder deliverables.
8. Creates business plans for each asset, partnering cross-functionally to ensure ownership goals are understood and met.
9. Inspects and reviews the physical condition of each asset in your portfolio as scheduled, reporting results to key stakeholders and partnering with Property Management and Ownership to drive improvements (if needed).
10. Acts as a resource for all members of the organization on specialized areas, including partnership agreements, loan documents, tax returns, restrictive covenants, and other items as necessary.
11. Develops plans, ideas, and strategies to drive asset performance, including the identification of additional income generating opportunities.
12. Manages ancillary income functions for region, including easement requests, cable contracts, and other items as needed.

QUALIFICATIONS:

• Bachelor's degree in Real Estate, Accounting, Finance, Economics, or related field. Professional designations (i.e. HCCP, CCIM, CPM, COS, CAM) preferred.
• 4+ years experience in Multifamily Asset Management, preferably in Affordable Housing.
• Advanced knowledge of Windows, Microsoft Word and Excel and Outlook and Yardi experience is a plus.
• Thorough knowledge of affordable housing industry a plus, including Section 42, Section 8, HOME, and other affordable programs.
• Advanced verbal and written communication skills and strong organizational and analytical skills.
• Advanced mathematical and reasoning skills; and general accounting background preferred.
• Ability to comprehend highly complex partnership structures, waterfalls, and distribution possibilities.
• Must be able to synthesize and analyze qualitative and quantitative data from multiple sources to draw conclusions.
• Yardi experience is a plus.

About Us : Dominium is a purpose-driven leader in affordable housing. We operate in approximately 20 states, supported by a team of over 1,300 dedicated employees. For more than 50 years, we have delivered excellence in the development and management of affordable housing communities across the United States. Dominium's values - EDGE: Entrepreneurial Innovation, Developing People, Growth Mindset and Execution - guide us in fulfilling our Purpose: to provide quality, affordable housing that builds Enduring Value for our residents, employees, communities and financial partners. We believe housing provides dignity, and our work has a positive, lasting impact on the lives of individuals and families - often for generations. Our properties last for decades, leaving a lasting impact in the communities where they are located.

We offer a competitive salary, an incentive bonus program, training and development programs, career growth and community volunteer and outreach programs. We also provide a comprehensive benefits package for eligible employees, including Basic Life and AD&D; Employee, Spouse and Child Supplemental Life and AD&D; and Short and Long-Term Disability insurance. We also offer Medical, Dental and Vision coverage, with optional Health Savings Accounts, as well as Medical and Dependent Care Flexible Spending Accounts. We offer Voluntary Benefits (Accident, Critical Illness, Whole Life) and an Employee Assistance Program. Additionally, you have access to a 401(K) plan, Health and Financial Wellness Programs, Paid Time Off including Paid Holidays and Floating Holidays, Paid Parental Leave, Education Reimbursement, Employee Recognition and the Dominium Employee Emergency Fund.

Dominium is committed to providing equal employment opportunities to qualified applicants and employees. Dominium prohibits employment discrimination on race, color, creed, religion, national origin, citizenship, sex (including sexual orientation and gender identity), pregnancy, marital status, familial status, status with regard to public assistance, disability, membership or activity in local commission, veteran status, military status, age, genetic information, union membership, use of lawful consumable products, or any other category protected by applicable state or federal law.

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