LIHTC Asset Manager — Lead Growth in Minneapolis

Jobot; Cleveland (OH); On-site; USD 132,000 - 156,000; Full time

Benefits offered by this job

Relocation assistance

Bonus potential

401(k) with match

Job summary

Jobot is seeking an experienced Asset Management leader to own a growing LIHTC portfolio in the Minneapolis area. This newly created role offers a clear path to leading a team and presenting portfolio performance to executive leadership.

You will relocate, manage budgets, supervise analysts, and drive cross-functional initiatives while ensuring compliance and strong financial returns across the portfolio.

Qualifications

• Bachelor's degree in commercial real estate, finance, or related field.
• 7+ years in asset management with LIHTC experience.
• Proficient Excel; able to learn new systems quickly.
• Strong financial analysis, forecasting, and reporting for upper management.
• Demonstrated leadership ability in a managerial capacity.
• Excellent verbal and written communication skills.
• On-site role with minimal travel.

Responsibilities

• Develop and own asset management plans for a growing LIHTC portfolio.
• Monitor lease-up of LIHTC properties and ensure compliance with proforma and regs.
• Coordinate and conduct periodic site inspections, internal and third-party.
• Review and approve annual operating budgets and deliver to partners on time.
• Monitor financial performance against budget and proforma.
• Hit milestones: equity installments, loan earn-outs, tax credit testing.
• Lead cross-functional 'critical path' meetings for underperforming assets.
• Present portfolio condition monthly to executive leadership.
• Partner with Capital Planning on lifecycle capital plans and budgeting variances.
• Support responses to governmental, equity, and lending inquiries.
• Manage property insurance for the LIHTC portfolio.
• Become a market expert in new submarkets as portfolio grows.
• Supervise financial analysts as the team grows.

Job description

Jobot is seeking an experienced Asset Management leader to own a growing LIHTC portfolio in the Minneapolis area. This newly created role offers a clear path to leading a team and presenting portfolio performance to executive leadership.

You will relocate, manage budgets, supervise analysts, and drive cross-functional initiatives while ensuring compliance and strong financial returns across the portfolio.