Multifamily Asset Managers · 3 months ago
MANAGER OF RENEWALS & ADJUSTMENTS
Bethesda, MD
Full-time
Onsite
Mid, Senior Level
5+ years expMultifamily Asset Managers (MAM) is a private sector partner of Pennsylvania Housing Finance Agency, focused on asset management under HUD’s Section 8 program. The Manager of Renewals & Adjustments will supervise Financial Analysts and ensure compliance with rent adjustment and contract renewal processes.
AdviceAsset ManagementConsultingFinancial Services
Responsibilities
Perform initial screening of all incoming rent adjustment and contract renewal packages and log into document management system
Assign all incoming rent adjustment contract renewal packages to Financial Analysts based on workload and experience
Perform final screening, review, and quality control of all rent adjustment and contract renewal packages for accuracy and compliance with HUD requirements
Communicate with owners/agents regarding their rent adjustment and contract renewal submissions
Create and/or update training materials. Train all Financial Analysts in performance of their tasks
Review all rent appeals submitted by owners
Review monthly logs for accuracy
Ensure all deadlines for processing rent adjustments and contract renewals are met
Provide contract renewal and rent adjustment training to owners/agents on a semi-annual basis
Travel to attend conferences and meetings as required
Qualification
Required
Expert knowledge of the Section 8 Renewal Policy and other HUD program rules and regulations
Knowledge of rental housing industry and practices
Proven ability to deal with change and with situations that do not always have a process or system in place
Ability to work with a broad spectrum of individuals at all levels
Excellent problem-solving skills that include identification and resolution of problems in a timely manner through the gathering and analyzing of information
Excellent oral communication skills. Proven ability to speak clearly and persuasively in positive or negative situations, demonstrate group presentation skills and conduct productive meetings
Ability to present data and information in a clear, concise manner
Strong written communication skills. Able to produce a written work product that is appropriate to the audience and written in a clear and concise manner that effectively gets the message across. Proven ability to compose memorandum, reports, instructions, project plans and other written materials as required for the position
Proven ability to delegate work assignments, give authority to work independently, set expectations and monitor, delegated activities
Ability to communicate with management and include appropriate individuals in planning, decision-making and process improvement
Identify ways to develop and promote quality. Demonstrate accuracy, thoroughness and strong attention to detail
Ability to make decisions. Exhibit sound and accurate judgment and make timely decisions
Excellent project management skills, organizational skills and ability to manage competing priorities
Ability to set priorities, meet deadlines and work in a fast-paced environment
Ability to use Windows, Word, Excel, PowerPoint, and Outlook at an Intermediate level required
Ability to learn and operate in-house program management and applications database
Ability to operate office equipment, including but not limited to copiers, scanners, printers and telephones
Bachelor's Degree in a business-related field, preferably Finance or Accounting, with substantive accounting coursework or experience
Preferred
Five or more years of experience in Section 8 project-based assisted housing or managing multifamily housing in either the private or public sector of the affordable housing industry preferred
Experience with HUD management reviews, Section 8 rent adjustments, and contract renewals preferred
At least 5 years supervisory experience preferred
Company
Multifamily Asset Managers
Multifamily Asset Managers is a consulting firm that provides asset management and contract administration services.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase