National Equity Fund

Managing Director, Asset Management, West Region

Los Angeles, CA, USPosted 23 days ago

Job Description

NATIONAL EQUITY FUND, INC.

is a leading non-profit syndicator of Low-Income Housing Tax Credits (LIHTC) with a mission to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing.

OVERVIEW

The Managing Director of Asset Management (West Region)

leads a regional team of professionals responsible for the functional operations of NEF’s portfolio of lower-tier investments in the West Region and serves as a member of the Senior Asset Management team. The Managing Director is responsible for the delivery of high-quality asset management across the West Region, ensuring consistency, accountability, and adherence to organizational standards. The Managing Director provides leadership and oversight to staff that may include Directors, Senior Asset Managers, Asset and Compliance Managers, Associate Asset Managers, and Asset Analysts.

ESSENTIAL DUTIES

  • Works closely with SVP, Asset Management to assure consistent application of sound business practices and high standards of quality across the entire NEF real estate investment portfolio and to create and maintain management audit trails in pursuit of these goals.
  • Lead and manage the performance of the West Region asset management team, establishing clear expectations, driving accountability, and providing ongoing coaching and support
  • Maintain oversight of the West Region portfolio, ensuring high-quality asset management practices, proactive identification of risks, and effective execution of strategies across investments
  • Prepare, directly or through staff, accurate and timely summary reports and analytical products which evaluate the condition of the investment portfolio, as may be routinely required or specially requested by the SVP, Asset Management.
  • Serve as a market expert, contributing insight during the underwriting of proposed investment acquisitions through evaluation of CDC/General Partner performance and capacity....

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