RBC · 2 months ago
Multi-Family RE Portfolio Manager (Charlotte, NC))
Charlotte, North Carolina, United States of America
Full-time
Onsite
Mid Level
$75K/yr - $110K/yrRBC Capital Markets – RBC Community Investments is a leading national syndicator of Low Income Housing Tax Credits. The Portfolio Manager is responsible for managing a collection of real estate assets to ensure the delivery of tax credit benefits and compliance with relevant programs.
BankingFinancial ServicesWealth Management
Responsibilities
Assess project and partnership risk factors as they pertain to compliance with Section 42 (LIHTC) provisions, terms of partnership agreement, loan documents, LURAs, QAPs, and tax credit application
Calculate annual tax credit amount from final cost certification and 8609s and calculate first year credit delivery from actual lease-up figures
Manage the disbursement of equity for the assigned portfolio
Expedite the receipt of financial and operational information from the lower tier partnerships on a monthly, quarterly, and annual basis
Provide oversight of project by analyzing performance data on a monthly, quarterly, or annual basis as applicable
Complete detailed “workout” analyses to prepare asset-specific Risk Management Plans and Loss Mitigation Plans on higher risk-rated assets. Communicate relative risk accurately and develop appropriate plans to mitigate risks and better protect the investment. Recommend implementation of strategies to resolve financial, real estate/LIHTC compliance, and ownership issues on assets
Complete annual property inspections or more frequently as needed
Initiate communication with General Partners to ensure timely submission of tax returns and audits
Review the annual operating budget for each property in the assigned portfolio
Communicate issues that may place a project at risk to appropriate leadership in Asset Management, and develop an action plan that will help mitigate the risk and protect the investment
Assist with the disposition of assets at the end of the affordable housing tax credit period or other dissolution event
Participate in team initiatives
Maintain a thorough and up-to-date record of property activity and document management in the database
Maintain familiarity with regional and local economic and demographic trends within portfolio markets
Develop and maintain relationships with General Partners, management agents, lenders, contractors, third-party monitors, investors, local and state housing agencies, and others in the LIHTC industry
Qualification
Required
Bachelor's Degree, preferably in Finance, Accounting or Real Estate
Experience in affordable housing, tax credit syndication, transaction processing, property/partnership-level accounting, real estate underwriting and/or financial modeling
Key skills include real estate concepts, financial analysis, and strong organization and prioritization
A strong interest in real estate investment and/or affordable housing
Proficiency in MS-Outlook and MS-Office applications
Excellent verbal and written communication skills
Preferred
Prior experience as a LIHTC Asset Manager is highly preferred
Benefits
401(k) program with company-matching contributions
Health
Dental
Vision
Life
Disability insurance
Paid-time off
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
Founded in 1864
10001+ employees
H1B Sponsorship
RBC 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 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
2026-01-17
2026-01-15
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