St Petersburg, FL, 33747, USA
17 hours ago
Manager, Transition Asset Management (St. Petersburg)
Essential Duties & Responsibilities: + Manage, plan, assign, monitor, and lead the work of 3-8 Transition Asset Managers. + Performs supervisory activities including performance reviews, identifying performance problems and seeking guidance for remedial action and participating in interviewing and selecting staff. + Reviews real estate documentation for consistency with RJTCF’s requirements and property specific investment criteria. + Updates and/or reviews financial projections to reflect actual property performance. + Reviews property financial statements, tax returns, cost certifications and low income housing tax credit (LIHTC) specific documentation. + Reviews legal documents/memorandums and performs other “due diligence” procedures in connection with the property + Final Underwriting review approval authority to review, approve, and process requests for capital contributions to the property specific partnerships + Performs duties that require advanced knowledge and skills related to real estate and LIHTC documentation and LIHTC industry and legal requirements + May coordinate the investor closing process for property specific partnerships. This includes coordinating RJTCF internal and legal staff to provide responses to investor’s comments. + Trains, coaches, and mentors other transition asset managers. + Performs other advanced duties and responsibilities as assigned. Advanced knowledge of: + Company’s working structure, policies, mission, and strategies. + Fundamental concepts, principles and practices of LIHTC. + Fundamental concepts, principles and practices of the real estate industry. + Principles of banking and finance industry operations. + RJTCF’s lower and upper tier Partnership Agreement requirements. Skill in: + Reading and understanding standard real estate and LIHTC specific documentation + Real estate financial projections + Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, and spreadsheets. Ability to: + Communicate effectively both oral and written. + With limited to no guidance, organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment to meet required results. + Provide accurate and high quality work product in a timely manner. + Proactively demonstrate readiness and ability to initiate action. + With limited to no guidance, work independently as well as collaboratively within a positive team environment. + With limited to no guidance, identify required tasks, develop timelines and execute. + Project a positive, professional image both internal and with external business contacts. + Convey information clearly and effectively through both formal and informal documents. + Identify relationships, draw logical conclusions and interpret results for use in decision making. + Review and approve technical real estate and LIHTC documentation + Proactively mentor others, sometimes throughout the department. **Educational/Previous Experience Recommendations:** + Bachelor’s Degree (B.A.) in business, finance, accounting or related field and a minimum of four (4) years of relevant real estate experience. ~or~ + Any equivalent combination of experience, education, and/or training approved by Human Resources. **Licenses/Certifications** + HCCP designation
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