Asset Manager

Position: Asset Manager

Function: Manages agency portfolio of real property assets

Reports To: Director of Real Property and Asset Management

Tasks:

• Assures initial and annual tenant income verification according to funder requirements (HUD, OMH Supported Housing, LIHTC investors) by providing technical support to administrative staff and maintaining an internal audit program.
• Manages lease portfolio.
• Prepares rent roll for payment on a monthly basis.
• Reviews and approves monthly HUD Housing Owner’s Certification and Application for Housing Assistance Payment.
• Assists Director in preparation of applications for HUD rent increases.
• Assures implementation of Fair Housing Marketing Plans.
• Assists Director to reconcile client rent arrears.
• Provides LIHTC investors and regulators with required monthly, quarterly and annual property reports as scheduled and requested.
• Prepares Property Cost Work Sheets.
• Assures implementation of work plans for ongoing maintenance and repair.
• Commences timely legal cases as per direction of the Chief Operating Officer, provide the attorney with updated information and documentation as requested, and maintain an up to date legal tracker.
• Assists facility managers/superintendents in managing major repairs.
• Manages service contracts for building systems.
• Prepares income, expense, and budget reports, as requested.
• Track lease renewals and manage HPD NYC 15/15 program subsidy applications and clients’ subsidy rent changes to adjust monthly rent changes.
• Provide the program with the monthly arrears collection report, forward clients' arrears notice as indicated by the Program Directors, and print, process, and mail monthly rent invoices.
• Staffs internal audits.
• Other duties, as assigned