The Community Preservation Corporation · 9 hours ago
Senior Multifamily Asset Manager, Agency (Affordable Housing Loans)
Kansas City, MO
Full-time
Hybrid
Mid, Senior Level
$90K/yr - $110K/yr
3+ years expThe Community Preservation Corporation (CPC) is a nationally recognized leader in affordable housing finance, committed to investing in multifamily housing. The Senior Multifamily Asset Manager will manage a portfolio of loans, ensure compliance across servicing and asset management activities, and assist in staff training and development initiatives.
Real Estate
No H1B
Responsibilities
Manage a portfolio of 125+ SBL, Conventional, and Affordable Investor loans
Prepare formal requests requiring Investor approval, including management changes, extensions, loan modifications, and easements
Monitor the physical condition of property collateral by reviewing or conducting property inspections; follow up with borrowers to ensure timely completion of required repairs and advise Investors accordingly
Assess and manage risk by preparing credit watch list rating write-ups for executive review and approval
Review closing documents to verify accuracy of loan setup for new or converted loans; follow up with closing coordinators and legal counsel to collect missing documents and ensure proper file setup and compliance with loan covenants
Make collection calls on delinquent loans, follow up to ensure payment receipt, and report status per established guidelines; participate in problem loan discussions and coordinate late payment letters and charges
Review and approve disbursements from reserves and other collateral escrows in accordance with Investor and departmental guidelines
Ensure all loan-related system changes are completed per documentation and Investor requirements
Serve as a subject matter expert for the Asset Management team, providing guidance on complex issues and best practices
Develop, document, and maintain comprehensive processes and procedures to ensure consistency and compliance across all servicing and asset management functions
Assist in training and development initiatives for Asset Management staff, including onboarding and ongoing education
Qualification
Required
Bachelor's degree required
3-5 years' relevant experience within Commercial Loan Agency Servicing, 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 and problem-solving skills
Ability to travel, as necessary
Preferred
Master's in Business, Finance or Real Estate 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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