Advantage Capital · 2 weeks ago
Associate Asset Management
St Louis, MO
Full-time
Onsite
Senior Level
5+ years expAdvantage Capital is a company focused on financing projects in underserved communities since 1992. The Associate Asset Management role involves monitoring investments throughout their lifecycle, ensuring financial performance and compliance, and supporting the affordable housing team with various analytical tasks.
Business DevelopmentFinancial ExchangesFinancial ServicesImpact InvestingVenture Capital
Responsibilities
Monitor and evaluate on a quarterly, annual or as-needed basis the financial performance of each asset assigned and address major operational performance issues related to the property
Expedite collection of overdue deliverables by contacting property owners / managers
Establish and maintain good working relationships with internal and external stakeholders and partners including operating partners, property managers, and equity partners
Maintain and update data points in various spreadsheets and online systems
Analyze and interpret data collected from properties for compliance with internal metrics
Prepare monthly, quarterly and annual reports to supervisor which are ultimately provided to senior leadership, and present updates to leadership as needed
Perform site visits, as requested
Monitor projects under construction and lease-up to ensure underwritten budgets and schedules are being maintained
Risk rate assigned assets on quarterly basis and provide a proactive plan for addressing any property added to the watch list
Reviewing/analyzing documentation supporting capital contribution installments and making recommendation as to whether benchmarks have been met – including debt service coverage ratio, stabilization, and economic/physical occupancy calculations
Field partner requests and changes to partnership agreements for approval
Analyze lease up to determine initial year credits and calculate and make recommendations to leadership on equity adjusters
Track and review tax returns and tax credit eligibility documents from partnerships
Other tasks as directed
Qualification
Required
Working Knowledge of LIHTC Compliance requirements
Ability to independently interpret data, identify inconsistencies or noncompliance and make recommendations to leadership
Excellent verbal and written communication skills
Excellent organizational skills and attention to detail
Ability to multi-task and prioritize responsibilities as needed
Excellent time management skills with a proven ability to meet deadlines
Works well in a team setting
Strong analytical and problem-solving skills
Ability to maintain confidentiality, and to exercise discretion and good judgment
Proficient with Microsoft Office Suite or related software
Bachelor's degree in commercial real estate or finance field, or equivalent experience in asset management
Five years of experience in one or a combination of the following: commercial real estate, low-income housing tax credit investment, or asset management
Preferred
Experience in LIHTC asset management
Company
Advantage Capital
Advantage Capital has invested over $3.8 billion in more than 800 portfolio companies and projects nationwide since 1992.
51-200 employees
H1B Sponsorship
Advantage Capital has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (4)
2023 (1)
Funding
Current Stage
Growth StageTotal Funding
$77MKey Investors
Citi
2014-05-22Debt Financing· $77M
Leadership Team
Franchesca Lorio
Chief Financial Officer, Managing Director
Cara M. Schiffman
Senior Vice President
Recent News
2025-12-11
2025-12-09
Company data provided by crunchbase