Director of Asset Management

East Bay Asian Local Development Corporation; Oakland (CA); On-site; USD 135,000 - 150,000; Full time

Job summary

East Bay Asian Local Development Corporation seeks a regular full-time Director of Asset Management at its Oakland, CA headquarters. The role leads the Asset Management team and oversees the financial and operational performance of a diverse real estate portfolio, with a focus on affordable housing.

Reporting to the VP of Asset Management, the director will drive risk management, refinancing and repositioning initiatives, strengthen reporting systems, and collaborate across Property Management,

Qualifications

• Significant experience in real estate asset management, portfolio management, or real estate finance.
• Strong knowledge of affordable housing and its financial and operating structures.
• Excellent financial analysis and problem-solving skills.
• Experience supervising and developing professional staff.
• The ability to see the big picture while knowing when to dig into the details.
• Strong judgment, collaboration, and the ability to move complex issues forward.

Responsibilities

• Lead and develop a team that includes a Senior Asset Manager, Residential Facilities Liaison and Portfolio Financial Analyst.
• Oversee financial and operational performance across the portfolio, including budgets, forecasts, cash flow, reserves, and key performance indicators.
• Proactively identify risks, opportunities, and underperforming assets and drive action toward resolution.
• Partner across Property Management, Real Estate Development, Finance, Resident Services, and other teams on complex portfolio issues.
• Ensure lender, investor, partner, and regulatory obligations are effectively managed.
• Support broader portfolio strategies, including refinancing, recapitalization, resyndication, and repositioning.
• Strengthen systems, reporting, and processes that support effective portfolio oversight and decision-making.

Skills

Asset management

Portfolio management

Real estate finance

Affordable housing

Financial analysis

Problem solving

Staff supervision

Collaboration

Strategic thinking

Job description

Emphasizing our historic and continuing commitment to Asian and Pacific Islander communities, the East Bay Asian Local Development Corporation (EBALDC) works with and for all the diverse populations of the East Bay to build healthy, vibrant and safe neighborhoods through community development.EBALDC is a first-generation social enterprise founded in 1975 that has consistently generated >75% of our revenue from earned income. Our businesses and programs generate revenue to support sustained social impact. We oversee a diverse range of businesses and programs, including real estate development, property management, social services, and professional services, some of which are corporate operations and others are operated as subsidiaries and through partnerships with public and private partners.EBALDC is dedicated to building a culturally diverse and pluralistic organization committed to working in multicultural communities, and strongly encourages minorities, people of color and women to apply for our employment opportunities. EBALDC is an equal opportunity employer and makes employment decisions on the basis of merit, including the applicants ability to champion EBALDC mission, values and organizational culture. EBALDC wants to have the best available persons in every job. EBALDC policy prohibits unlawful discrimination on any basis protected by federal, state or local law or ordinance or regulation.For more about our accomplishments and our mission, please visit: www.ebaldc.orgEast Bay Asian Local Development Corporation (EBALDC) is seeking a regular full-time Director of Asset Management at the EBALDC Main Office located in Oakland, CA .This is an exciting opportunity for an asset management leader who brings strong financial acumen, understands the complexities of affordable housing, and knows how to lead a team while keeping a close eye on portfolio performance. Reporting to the VP of Asset Management, the Director will lead the day-to-day work of the Asset Management department and help turn our long-term portfolio strategy into action.In this role, you’ll:Lead and develop a team that includes a Senior Asset Manager, Residential Facilities Liaison and Portfolio Financial Analyst,Oversee financial and operational performance across the portfolio, including budgets, forecasts, cash flow, reserves, and key performance indicators.Proactively identify risks, opportunities, and underperforming assets and drive action toward resolution.Partner across Property Management, Real Estate Development, Finance, Resident Services, and other teams on complex portfolio issues.Ensure lender, investor, partner, and regulatory obligations are effectively managed.Support broader portfolio strategies, including refinancing, recapitalization, resyndication, and repositioning.Strengthen systems, reporting, and processes that support effective portfolio oversight and decision-making.We’re looking for someone who brings:Significant experience in real estate asset management, portfolio management, or real estate finance.Strong knowledge of affordable housing and its financial and operating structures.Excellent financial analysis and problem-solving skills.Experience supervising and developing professional staff.The ability to see the big picture while knowing when to dig into the details.Strong judgment, collaboration, and the ability to move complex issues forward.Why This Role MattersEBALDC’s real estate portfolio represents more than a collection of properties—it represents a long-term commitment to the communities we serve. Strong asset management helps ensure that our properties remain financially sustainable, well-positioned for future investment, and able to continue serving residents and communities for generations.The Director of Asset Management plays a critical role in that stewardship. Working in partnership with the Vice President of Asset Management, this position ensures that our portfolio strategy is supported by disciplined execution, strong financial oversight, proactive risk management, and a high-performing Asset Management team.CompensationThe salary range for this position is $135,000–$150,000 annually. Placement within the range will be based on relevant experience, skills, and qualifications.Ready to apply? If you’re a collaborative leader who is excited about using your asset management expertise to strengthen the long-term sustainability of affordable housing and support communities for generations to come, we’d love to hear from you.