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ROC USA Capital is seeking an Asset Manager to oversee a portfolio of 35-40 loans across resident-owned communities. You will monitor financial performance, ensure compliance with lender covenants and governance requirements, and coordinate with ROC boards, CTAPs, and property managers to sustain portfolio stability.
In this role you will perform portfolio analytics, risk assessment, and loan servicing activities to protect the organization’s lending position and support growth of ROC
ROC USA is a 501(c)(3) nonprofit dedicated to preserving and expanding affordable homeownership in manufactured home communities across the United States. Residents in these communities typically own their homes but not the land beneath them. When communities are sold to investors, residents face the risk of displacement, escalating land rent increases, and wealth-stripping.
ROC USA and our Network of nine Certified Technical Assistance Providers (CTAPs) support residents to collectively purchase their communities and govern them as cooperatives, or “resident-owned communities.” This ensures that communities stay affordable, homes appreciate, and land rents are used by the cooperatives to operate and improve the community. To date, we have enabled the formation of 363 ROCs to access over $1 billion in community financing, resulting in the preservation of 24,500 affordable homes across 22 states.
ROC USA Capital is a wholly owned subsidiary of ROC USA and a certified CDFI providing acquisition financing and other capital to ROCs nationwide. Since 2008, ROC USA Capital has provided over $550 million in financing to ROCs. It holds an A+ Aeris rating and three stars for impact performance.
The Asset Manager will perform key functions of portfolio and asset management, loan servicing, compliance, and risk mitigation within ROC USA® Capital. This role will independently oversee a diverse and complex portfolio of resident owned communities (ROCs) to ensure the organization’s portfolio operates efficiently and aligns with strategic goals to maintain and strengthen its position as the leading CDFI lender for resident ownership.
This position combines financial monitoring, compliance, and relationship management to ensure each community’s short-term and long-term stability. The Asset Manager is responsible for monitoring and performance of an assigned portfolio of 35-40 loans and works directly with ROC boards, property managers, Certified Technical Assistance Providers (CTAPs), and ROC USA staff to ensure continued performance with lender covenants and governance requirements.