Strategic Asset Manager - Affordable Housing Portfolio

The Associated: Jewish Community Federation of Baltimore; Baltimore (MD); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Paid time off

Retirement benefits

Professional development opportunities

Job summary

CHAI is seeking a Senior Asset Manager to oversee the affordable housing portfolio with a focus on financial health, long‑term performance, and preservation planning. You will partner with property managers, lenders, and regulatory bodies to ensure compliance and sustained value across properties.

The role emphasizes data‑driven decisions, capital planning, and cross‑functional collaboration to balance operational results with strategic portfolio goals.

Qualifications

• Five+ years of progressively responsible experience in affordable housing asset management or related field.
• Knowledge of HUD, LIHTC, PRAC, HOME or similar programs.
• Strong financial analysis skills including budgeting, variance analysis, cash flow review.
• Experience with third‑party property management, lenders, investors, auditors, and regulators.
• Ability to analyze information, identify risks, and make recommendations for long‑term portfolio performance.
• Bachelor's degree in finance, accounting, real estate, business administration, or related field.
• Advanced Excel skills and strong communication skills.

Responsibilities

• Analyze and monitor financial, operational, compliance, and physical performance of CHAI's affordable housing portfolio.
• Review financial statements, budgets, occupancy trends, and delinquency reports to identify risks and opportunities.
• Oversee third‑party property management performance, set expectations, and hold management accountable.
• Lead asset management meetings and track progress on issues and action plans.
• Support capital planning, reserve management, refinancing, recapitalization, rehabilitation, and preservation efforts.
• Monitor compliance requirements and coordinate reporting to lenders, investors, regulatory agencies, and other stakeholders.

Skills

Advanced Excel

Financial analysis

Communication skills

Strategic thinking

Education

Bachelor's degree in Finance/Accounting/Real Estate/Business Administration or related field

Job description

CHAI is seeking a Senior Asset Manager to oversee the affordable housing portfolio with a focus on financial health, long‑term performance, and preservation planning. You will partner with property managers, lenders, and regulatory bodies to ensure compliance and sustained value across properties.

The role emphasizes data‑driven decisions, capital planning, and cross‑functional collaboration to balance operational results with strategic portfolio goals.