The Community Preservation Corporation · 1 day ago
AVP Multifamily Agency Asset Management
Dallas, TX
Full-time
Hybrid
Mid, Senior Level
$115K/yr - $135K/yr
5+ years expThe Community Preservation Corporation (CPC) is a leader in affordable housing finance, dedicated to revitalizing neighborhoods through lending and partnerships. The AVP Multifamily Agency Asset Management role involves overseeing a team that identifies and mitigates risks associated with properties in CPC’s loan portfolio while collaborating with various stakeholders to preserve housing value.
Real Estate
No H1B
Responsibilities
Lead and manage a team of Asset Managers responsible for identifying, monitoring, rating, and mitigating financial, credit, operational, physical, and market risks impacting properties collateralizing mortgage loans within CPC’s portfolio
Oversee the review, analysis, and submission of loan and property-level asset management consent requests
Monitor borrower compliance with loan documentation and CPC’s risk exposure requirements
Ensure timely and accurate communication with borrowers, principals, and sponsors, deliver exceptional customer service and respond promptly to inquiries
Review and approve reserve withdrawal requests for eligible expenditures
Collaborate with internal and external partners to strengthen CPC’s risk management framework, inform stakeholders of portfolio risks and issues, and assist in quantifying CPC’s risk exposure
Work closely with stakeholders to mitigate portfolio risks and ensure adherence to servicing and asset management requirements
Supervise, train, and mentor Asset Management staff, fostering professional development and team effectiveness
Qualification
Required
Bachelor's degree required
5 - 7 years' relevant experience in a leadership role within real estate asset/portfolio management, finance, development, or underwriting ideal
Understanding of multifamily rental housing development, ownership, operational and management
Familiarity with federal, state and local affordable housing programs
Demonstrated ability to manage multiple projects and assignments, meet deadlines, coordinate and communicate effectively and cultivate professional relationships
Excellent oral and written communication skills
Superior presentation skills and problem-solving skills
Ability to travel, as necessary
Preferred
Master's in Business, Finance or Real Estate preferred
Experience with agency multifamily asset management requirements preferred
Benefits
401(k) retirement plans with employer match
Medical, dental, and vision benefits for employees and their dependents
Commuter benefits
PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
Tuition assistance program
Two “work from anywhere” weeks per year
Summer Fridays
Collaborative working spaces
Service days to support our communities
Employee development and engagement events
Company
The Community Preservation Corporation
The Community Preservation Corporation maximizes housing investment with unique, flexible capital solutions.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Rafael E. Cestero
Chief Executive Officer
Stephanie Canzani
Chief Operating Officer
Recent News
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