JOB DESCRIPTION

Career Opportunity

Orlando Neighborhood Improvement Corporation (ONIC) seeks strategic, results-oriented professional to serve as its next Senior Asset Manager. The ideal candidate will have a deep understanding of the affordable housing market, strong financial acumen, and a proven track record in asset management.

Mission: ONIC believes that people in stable, affordable, and service-enriched homes are healthier, plus perform better in their jobs and school. ONIC feels compelled to develop stable housing that improves the quality of life for the families and individuals who call communities their home.

Reporting Structure: The Senior Asset Manager reports to the Chief Finance Officer.

Total Staff and Budget: 20 staff members and an annual budget of $3.2M

Salary: The salary is commensurate with experience and is in the $90,000 range.

Working Environment/Location: Hybrid/Orlando, FL

Key Responsibilities of the Senior Asset Manager

The Senior Asset Manager is responsible for the oversight and management of the operating real estate portfolio owned and operated by ONIC, its affiliates, and its partnerships. The ideal candidate will have a deep understanding of the affordable housing market, strong financial acumen, and a proven track record in asset management. ONIC's existing portfolio, which includes 11 properties and 1,359 units, serves an essential role in providing affordable housing in an increasingly competitive market. By executing its focused asset management strategy, ONIC will ensure that these properties continue to serve as vital housing resources for low-to-moderate income residents.

Responsibilities include:

• Oversee and manage a diverse portfolio of affordable housing assets, including oversight of the financial and physical condition of the properties, budgets, cash management, and long-term planning.
• Monitor all debt and equity financing requirements, including HUD and Section 42 LIHTC compliance.
• Evaluate and manage property management performance while identifying and managing refinancing and repositioning opportunities across the portfolio.
• Develop and implement strategies to maximize asset value and minimize risk including energy efficiency, insurance structuring, emergency preparedness, compliance, and property management policies.
• Prepare and present annual and quarterly progress reports to the CFO, CEO, Board of Directors, and Board Committees; maintain reporting compliance for investors, lenders, and all partners.
• Coordinate with resident services the needs of residents and resident boards; ensure that resident programs are budgeted for, and that property management is assessed as needed.
• Manage and coordinate the work of project teams including architects, contractors, engineers, consultants and property managers to ensure adherence to project budget and schedule, cost containment, regulatory compliance, and quality control.
• Negotiate agreements or secure bids; review bids presented by the property management companies and make recommendations for changes or approval to ONIC leadership.
• Oversee marketing and lease up programs for new properties in coordination with the real estate development team and CFO.

The Ideal Candidate Profile

The ideal candidate will possess the following qualifications:

• Bachelor's degree in business, real estate, management, finance, urban planning, public administration, property management, and/or asset management.
• Minimum of five to seven years of asset management experience, preferably with affordable multi-family housing.
• Proven skills in managing affordable housing small-scale rehab and affordable housing construction projects ranging from $5,000 to $500,000 preferred.
• Experience with federal, state, local housing programs and funding sources including LIHTC, HOME and CDBG.
• Strong organizational and project management skills and ability to coordinate complex activities, manage conflicting demands, and meet deadlines.
• Excellent communication skills and ability to engage with others in a collaborative environment.
• Ability to create and analyze real estate financial reports and budgets.
• Proficiency with Microsoft Office, especially Excel.
• Current driver's license and proof of motor vehicle liability insurance required.

About ONIC

ONIC is dedicated to preserving, managing, and strengthening the existing portfolio of affordable housing properties.

Want to know more? visit https://orlandoneighborhood.org/.

Orlando Neighborhood Improvement Corporation is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, pregnancy-related conditions, and lactation), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. Orlando Neighborhood Improvement Corporation's management team is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities, access to facilities and programs, and general treatment during employment.

How To Apply

Join the ONIC team and play a critical role in shaping its future while driving impactful change in the community.

To apply, scroll to the bottom of this page visit https://jobs.armstrongmcguire.com/jobs/senior-asset-manager-orlando-neighborhood-improvement-corporation-1513/. You will see instructions for uploading your compelling cover letter, resume, and salary requirements. Please provide all requested information to be considered. In case of any technical problems, contact talent@armstrongmcguire.com. No phone calls, please, and no applications will be accepted by email or directly from third-party posting sites.

BENEFITS

The salary is commensurate with experience and is in the $90,000 range. Benefits include (12) paid holidays, accrued vacation, and sick time, (4) medical insurance options, dental and vision insurance, short and long-term disability, a 403b retirement plan and a health saving account option.