Asset Operations Analyst

National Equity Fund; Chicago (IL); On-site; USD 65,000 - 90,000; Full time

Job summary

National Equity Fund, INC. is seeking an Asset Operations Analyst to support the post‑closing equity disbursement process.

You will maintain SMT data, review documentation, and coordinate with Asset Management, Fund Accounting, and Treasury to ensure timely disbursements and audit‑ready records. The role requires a Bachelor’s degree in a related field and at least 3 years of asset management or real estate finance experience, with LIHTC familiarity preferred.

Qualifications

• Bachelor’s degree in real estate finance, economics, business, accounting or related field (or equivalent industry‑related experience).
• Strong knowledge of multifamily real estate operations including market analysis, property management, finance, budgeting, financial reporting, and compliance.
• Minimum 3 years of asset management or related experience; 2+ years LIHTC experience preferred.
• Advanced Microsoft Excel knowledge; ability to create documents with Word and PowerPoint; knowledge of Power BI is a plus.
• Strong analytical and financial analysis skills with ability to identify, interpret and communicate risks.

Responsibilities

• Supports post‑closing equity disbursement by coordinating with the Senior Asset Operations Manager, regional Asset Management teams, and internal stakeholders to review requests and move disbursements through approvals.
• Maintains SMT dates, payment milestones, and key project data points related to equity disbursements.
• Communicates with Asset Management, Fund Accounting, Treasury, Legal, Project Management and Fund Management to support timely coordination of equity payments and cash calls.
• Reviews and processes post‑closing equity disbursement requests, confirms documentation, identifies missing items and escalates questions or exceptions as needed.
• Tracks outstanding documentation, approvals, and payment status to ensure timely workflow.
• Maintains records of disbursement activity, approvals, and supporting documentation for reporting and audits.
• Maintains SMT database and supports entry of data for regional asset managers and analysts.
• Supports data backfill and clean‑up projects to ensure SMT data accuracy and reliability.
• Other duties as assigned.

Skills

Real estate finance

Asset management

Financial analysis

Advanced Excel

Education

Bachelor's degree in real estate finance/economics/business/accounting

Tools

Excel

Word

PowerPoint

Power BI

Job description

Job Details

Job Location: Corp. Office - Chicago, IL 60661
Position Type: Full Time

NATIONAL EQUITY FUND, INC. is a leading non‑profit syndicator of Low‑Income Housing Tax Credits (LIHTC) with a mission to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing.

The Asset Operations Analyst supports the post‑closing equity disbursement process, including maintaining key SMT data, reviewing benchmark documentation, coordinating with internal departments, and helping move disbursement requests through established approval workflows, under the direction of the Senior Asset Operations Manager.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Supports the post‑closing equity disbursement process by working with the Senior Asset Operations Manager, regional Asset Management teams, and internal stakeholders to review requests, confirm documentation, and move disbursements through established approval workflows.
• Maintains accurate SMT dates, payment milestones, and key project data points related to equity disbursements.
• Communicates with internal departments, including Asset Management, Fund Accounting, Treasury, Legal, Project Management, and Fund Management, to support timely coordination of equity payments and cash calls.
• Supports the review and processing of post‑closing equity disbursement requests by confirming required documentation, identifying missing items, and escalating questions or exceptions as appropriate.
• Tracks outstanding documentation, approval requirements, and payment status to help ensure requests move through established internal workflows in a timely manner.
• Assists with maintaining accurate records of disbursement activity, approvals, and supporting documentation for internal reporting and audit purposes.
• Maintains systems to assist regional team asset managers and analysts in the effective performance of their responsibilities.
• Assists with Asset Operations data backfill and clean‑up projects to maintain the accuracy and reliability of the SMT database.
• Other duties, as assigned.

MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED

• Bachelor’s degree in real estate finance, economics, business, accounting or related field (or equivalent industry‑related experience).
• Strong skills and knowledge of multifamily real estate operations, which could include market analysis; property management; finance; marketing and leasing; budgeting; financial reporting; and compliance with financing covenants or regulatory agreements.
• Minimum 3 years of responsible experience in asset management, property management, real estate finance, or related field. 2+ years of LIHTC experience preferred.
• Advanced Microsoft Excel knowledge related to the tracking and analysis of large amounts of financial and project data. Ability to create comprehensive documents using Microsoft Word and PowerPoint. Knowledge of Microsoft Power BI is a plus.
• Keen analytical skills and attention to detail. Strong financial analysis skills and knowledge required. Proven skill in readily identifying, interpreting, and communicating risks.

We offer a competitive salary, along with a comprehensive benefits package.

NEF IS AN EQUAL OPPORTUNITY EMPLOYER.