Attorney

At MassHousing, we believe a home is more than a roof and four walls. A home is safety and security, opportunity and peace of mind. Our team of talented professionals works to ensure that all Massachusetts residents have a safe, healthy and affordable place to call home. Equal Opportunity Employer M/F/V/D MassHousing is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, colleagues and partners without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law. MassHousing believes that diversity and inclusion among our colleagues and partners is critical to our success, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Position Summary The Asset Manager oversees the financial performance and physical condition of financed housing developments. This role ensures ongoing compliance with affordability requirements and program regulations for strong‑risk properties and developments within the HUD PBCA portfolio. The Asset Manager is a primary point of contact for owners, management agents, and residents and responds to inquiries from federal, state and local partners. This position reports to the Portfolio Manager. Essential Functions Compliance and Regulatory Oversight Conduct and document property inspections to evaluate operational efficiency, financial management, and adherence to applicable federal, state and MassHousing program and loan requirements Monitor loan compliance and assess financial, physical, and regulatory risk ratings to accurately represent a property’s overall risk profile ensuring informed decision‑making and appropriate action plans Update Asset Management watchlist and develop risk mitigation plans as needed Evaluate annual budgets and capital improvement plans provided by ownership or management agents Analyze audited financial statements to assess performance, identify issues, confirm cashflow obligations, and recommend distribution approvals to Portfolio Manager Analyze capital needs studies to evaluate adequacy of replacement reserve escrows and recommend strategies to address funding shortfalls to Portfolio Manager Financial Analysis Evaluate annual budgets and capital improvement plans provided by ownership or management agents Analyze audited financial statements to assess performance, identify issues, confirm cashflow obligations, and recommend distribution approvals to Portfolio Manager Analyze capital needs studies to evaluate adequacy of replacement reserve escrows and recommend strategies to address funding shortfalls to Portfolio Manager Relationship Management Serve as an active member of Deal Teams by collaborating with the Senior Asset Manager and providing comparable development data and operating budget analyses for Rental Lending and Underwriting staff Collaborate with Business Development and identify potential refinancing opportunities with a focus on prepaid, balloon, and maturing loans Partner with Senior Asset Managers to develop proficiency in key asset management functions and subject‑matter expertise Support departmental initiatives and participate in designated subcommittees to advance strategic objectives Security Comply with MassHousing’s Information Security Program and all other Agency information security policies and procedures Take responsibility for any Agency assets assigned to you Promptly report any security events, incidents, or weaknesses to MassHousing’s Information Security Team Minimum Qualifications Proficiency with Microsoft Office Suite Valid driver’s license and ability to travel to Massachusetts properties as needed Eligibility to work in, and travel freely to and from, the United States without sponsorship Preferred Qualifications Bachelor’s degree in Finance, Real Estate Management, Business Administration, or related field 2+ years of asset management or multifamily housing experience Energetic team player who has exceptional interpersonal skills, takes initiative, and has a dedicated focus on high‑level customer service Strategic thinker with the dual capacity to see the big picture and attend to details Effective and resourceful problem‑solver Exceptional oral and written communication with comfortability in communicating at all levels of the Agency Comfortable multitasking, adjusts quickly to shifting priorities, and manages time efficiently in a fast‑paced environment with limited supervision Salary Range $80,493.30 – $104,641.29 Benefits Tuition reimbursement up to $15,000 per calendar year 35‑hour work week and a hybrid work schedule Backup Child/Elder Care Retirement savings including a pension and a deferred compensation plan (with a match) Comprehensive health, dental and vision plans 12 paid holidays per year and generous sick, vacation, and personal time Short‑term and long‑term disability Central Boston office location, convenient to public transportation and amenities on site Apply Interested candidates should send a letter of interest and a resume to MassHousing by logging in to . MassHousing is an Equal Opportunity Employer. #J-18808-Ljbffr MassHousing