Asset Manager

Job Description The Asset Manager is responsible for analyzing the health of assets owned by or invested in by the Chicago Housing Authority across specified programs (Public Housing, RAD, or Mixed Income) within the residential property portfolio. Asset Managers must comprehend, routinely reference, and enforce regulatory agreements, partnership agreements, financial performance metrics, occupancy standards, and program compliance. Asset Managers are required to analyze activity and performance against federal, state, and local benchmarks and standards and make data supported recommendations to Senior management personnel around immediate and long-term strategy. Asset Managers will express their expertise and oversight through focus on contract compliance, data analytics and reporting in the areas of operational performance, regulatory compliance, new deals, and restructuring/recapitalization. DUTIES AND RESPONSIBILITIES Contract monitoring, accountability, and enforcement Performs financial planning and analysis Evaluate feasibility of new development proposals Owner interface, including but not limited to default notifications Management document review for new and existing developments AMR completion for RAD and PH developments with risk ratings Completion of the annual RAD rent increase process and vacancy billing RAD and PH Budget completion and oversight TRR withdrawal analysis and recommendation for reconciliation Review of required performance standards and recommend adjustments to the PPM's compensation Monthly, quarterly, and annual audit and analysis of financial tools and references Assessment of data sets to identity deficiencies and inconsistencies Financial and compliance-based performance trending, forecasting, and projections Comprehensive reporting On demand dashboards and other forms of data manipulation to drive contract accountability and enforcement actions Standard reporting as required/deemed necessary by the Agency/PAM leadership Convert financial data into more targeted performance measurement and forecasting tools Review required monthly financials and ensure that the proper corrections were made as requested by the finance team. Monitors and reports on operational and financial performance relative to proformas and other benchmarks Other duties as assigned QUALIFICATIONS Bachelor's degree in Business or related field with a minimum of 2 years of applicable experience or, applicable trainings and certifications along with a minimum of 4 years of experience. Strong professional written and verbal communication skills, along with strong analytical skills and the ability to conduct research and prepare narrative reports and proposals. Ability to comprehend complex contracts and regulatory agreements with software proficiency in Microsoft Suite and Property/Asset Management software. A valid driver's license, unrestricted insurability, and ability to travel within Chicagoland boundaries up to 75% of the time. Current working knowledge of HUD and CHA regulatory requirements related to Public Housing, PVB, MOD Rehab, RAD, and LIHTC programs as evidenced by stated course completion and/or certification requirements. (subject to portfolio assignments and can change with or without notice) Salary Range: $90,000 - $100,000 Grade: S9 FLSA: Exempt Union: None About Us The Chicago Housing Authority is a proud equal opportunity employer. We recognize that a diverse and inclusive workplace is a healthy and productive workplace. All applicants are considered for employment regardless of race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, veteran or disability status, or any other category protected by applicable law. Employment with the Chicago Housing Authority (CHA) does not require City of Chicago ("City") residency. Non-resident's of the City are encouraged to apply for any CHA position(s). The Chicago Housing Authority welcomes YOU

Location: Schiller Park, IL, US

Posted Date: 3/6/2025