Analyst Ii, Asset Management - Boston, United States - Boston Financial Investment Management
Description
PURPOSE & JOB SUMMARY- As an Analyst on the Asset Management Team, you will support the asset management of one of the nation's largest and most diverse portfolios of affordable housing properties. You will be assigned to a regional team and work with a group of highly skilled and experienced Asset Managers who oversee Low Income Housing Tax Credit (LIHTC) equity investments, providing capital to affordable housing properties. Partnering with Asset Managers and your Team Leader, you will learn about the different aspects of a property's life cycle, from its initial operations to loan conversion and stabilized operations during the 15year compliance period. As your knowledge and skills grow, you will gradually take on responsibilities with greater complexity. This is typically the first step in the Asset Manager career path.
- ESSENTIAL DUTIES & RESPONSIBILITIES
- Analyze a property's ability to support its debt service and achieve required benchmarks.
- Establish and maintain productive professional relationships with affordable housing developers and property management agents.
- Work with Asset Managers to assess operational or other property issues and prepare analytical materials for internal committee presentations.
- Analyze performance to identify strengths and deficiencies of portfolio properties and develop projections that inform high value asset strategies and workout scenarios for troubled properties.
- Prepare reports and analysis of real estate performance for senior staff.
- STAKEHOLDERS
- You will engage and collaborate with a wide variety of company staff across multiple teams and departments at all management levels within the organization. In addition, you will engage routinely with a wide variety of external partners and resources.
- EDUCATION, SKILLS, & EXPERIENCE
- Interest in affordable housing.
- Bachelor's Degree in business, finance, real estate, or related field, preferred. 1+ year of real estate or related financial experience, strongly preferred.
- Ability to perform consistently accurate and complete work with proficiency in reviewing results of own work product for accuracy.
- Highly focused on detail and ability to identify discrepancies in information.
- Ability to think critically and synthesize a variety of information to prepare thoughtful work product.
- Solid problemsolving skills with the ability to identify and address issues timely using resources and tools provided and to discern when to raise more complex issues to senior staff to handle.
- Strong organizational skills.
- Solid time and project management skills with the ability to follow a plan, manage to milestones, and track and communicate progress, timely, to stakeholders; ability to organize, prioritize assignments, and to meet critical and established deadlines; ability to manage several assignments and transactions simultaneously.
- Ability to actively engage with other team members as part of a collaborative, teambased environment.
- Strong Microsoft Excel skills with the ability to clean and manage data sets, group data appropriately, create lookups and pivot tables, create and modify, charts, filter data and manage filtered lists, perform multiple sorting, use logical functions (VLOOKUP, IF, IS, etc.), and use logic and financial functions. Ability to create and modify Macros is a plus.
- Real estate underwriting experience, a plus.
- Low Income Housing Tax Credit (LIHTC) experience, a plus.
- Understanding of partnership agreements, a plus.
- Market analysis skills, a plus.
- Basic to Intermediate MSWord skills.
- Intermediate skills in MS Outlook, Teams, and Zoom.
- Basic to Intermediate PowerPoint skills, a plus.
We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.
We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.
Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.
ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.
Boston Financial Investment Management, LP and its parent company, ORIX USA, is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce.
