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Jr. Asset Manager


$$55-65K Annually


Midtown, Manhattan



Job Description:

Duties include, but are not limited to the following:

–      Prepare annual rent increase for project-based Section 8 properties;

–      Prepare annual operating budgets;

–      Analyze project cash flow and monitor operating expenses;

–      Assist in the preparation of annual property audits;

–      Prepare and review required reporting documents in a timely fashion for investors and government agencies;

–      Respond to financial inquiries from banks, loan services, tax credit syndication, and regulatory agencies;

–      Explore potential cost-saving initiatives (i.e. energy/utility efficiency)

–      Timely review, compile and request disbursements from replacement reserves from lenders

–      Frequently communicate with property management to provide effective property oversight


–      College degree required;

–      Previous experience in real estate and/or finance a plus;

–      At least 2 years of experience working in an office environment;

–      Able to work well both independently and within a team;

–      Strong organization, communication, and analytical skills required;

–      Ability to thrive in a fast-paced, constantly changing environment;

–      Interest in learning the real estate development industry, specifically focusing on affordable housing

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