LIHTC Asset Manager - Grow to Lead Portfolio in Minneapolis

Jobot; St. Louis (MO); On-site; USD 132,000 - 156,000; Full time

Benefits offered by this job

Medical/dental/vision

401(k) with company match

3 weeks PTO + holidays

Wellness reimbursement

Relocation assistance

Annual bonus target

Job summary

Jobot is seeking a senior asset manager to own and execute LIHTC asset plans across a growing portfolio. The role requires on-site leadership, deep financial analysis, and hands-on oversight of budgeting, compliance, and performance against proformas.

You will directly mentor a small team and report to a technical Director of Asset Management, with a clear path to lead a larger team as the portfolio expands. Relocation to Minneapolis/Twin Cities is required.

Qualifications

• LIHTC experience and compliance exposure.
• Strong financial forecasting and reporting to upper management.
• On-site presence with minimal travel.
• Bachelor's degree in related field.

Responsibilities

• Develop and own asset management plans for a growing portfolio of LIHTC assets.
• Monitor lease-up of LIHTC properties, ensuring adherence to proforma and compliance with applicable regulations.
• Coordinate and conduct periodic site inspections, internal and third-party.
• Review and approve annual operating budgets, delivered to project partners on time.
• Monitor financial performance of each asset against budget and proforma.
• Ensure projects hit key milestones — equity installments, loan earn-outs, and tax credit testing requirements.
• Lead cross-functional "critical path" meetings for underperforming assets, coordinating marketing, talent acquisition, and other stakeholders.
• Present portfolio condition monthly to executive and senior leadership.
• Partner with Capital Planning on lifecycle capital plans; flag variances during budgeting season.
• Support responses to governmental, equity, and lending agency inquiries.
• Manage property insurance for the LIHTC portfolio (placement, renewals, claims).
• Become a market expert in new submarkets as the portfolio expands.
• Supervise financial analyst(s) as the team grows.

Skills

Financial analysis

Forecasting

Leadership

Communication

Education

Bachelor's in real estate/finance

Tools

Excel

Job description

Jobot is seeking a senior asset manager to own and execute LIHTC asset plans across a growing portfolio. The role requires on-site leadership, deep financial analysis, and hands-on oversight of budgeting, compliance, and performance against proformas.

You will directly mentor a small team and report to a technical Director of Asset Management, with a clear path to lead a larger team as the portfolio expands. Relocation to Minneapolis/Twin Cities is required.