Address
Form of work
SalaryWHY WORK FOR US?
We are mission and values driven and your contributions will make a difference. We make a positive difference in people's lives and help an average of 23 people per week to find a place to live.
If you join us, you will be able to advocate for change while also working with influential people who effect changes in policy and devote time to issues of racial and social justice. We prioritize your work/life balance and provide various scheduling options in addition to generous time off, health, and wellness benefits and we're committed to helping you reach your potential by providing opportunities for professional growth across the state.
JR 4166
Asset Management Specialist
Los Angeles, CA 90004
Salary: $27.64 to $34.65 per hour
Pay Frequency: 24 Pay Periods Per Year
Full Time
Non-Exempt
Driving Required
PATH Ventures is seeking candidates passionate about helping others make a positive change in their lives to join our Asset Management team as the Asset Management Specialist at the RHC Office.
ABOUT PATH VENTURES
PATH Ventures is a statewide leader in the development of affordable and supportive housing communities. Recognizing that homelessness is fundamentally a housing issue, PATH, one of the largest homeless services providers in California, created PATH Ventures in 2007. Since its creation, PATH Ventures has completed 27 residential projects and is on track to have a total of 44 residential communities in the next several years.
ABOUT THE JOB
As part of the Asset Management team, the Asset Management Specialist will work with the Associate Director of Asset Management to manage the overall operations and performance of PV's properties. As a member of the Asset Management workforce, the primary responsibility of the Asset Management Specialist is to ensure the financial performance and overall success of the affordable housing portfolio.
Position Responsibilities:
- Operational Management Tasks: Help oversee the contractors that serve the buildings, to ensure that they are performing their duties to the satisfaction of the owners and residents that live there. Assist in the identification of opportunities to reduce utility costs and improve operational efficiency, working closely with contractors and vendors to implement energy-saving solutions, including environmentally friendly features and technology upgrades.
- Financial and Risk Management Tasks: Assist with the planning, monitoring, and cost management of our affordable housing portfolio, to ensure that our properties have the financial resources they need to provide safe, decent, and affordable housing for our residents. This includes helping with the creation of a detailed budget, regularly monitoring actual expenses so they stay in line with projections, and executing cost-maintenance strategies so that all financial obligations are met.
- Compliance and Regulatory Tasks: Ensure compliance with local, state, and federal regulations for our affordable housing portfolio. This includes the monitoring and analyzing of regulatory requirements, helping with the development and execution of compliance plans, and assisting with assignments that keep the portfolio in good standing with all regulatory agencies. The successful candidate will be able to stay on top of the complex and constantly changing regulations to ensure that all requirements of the property are met.
- Specific tasks in these three areas include:
- Monitor and analyze the financial performance of the affordable housing portfolio. Develop and execute operational strategies to achieve financial and operational goals.
- Ensure compliance with regulatory requirements, including Low-Income Housing Tax Credit (LIHTC) regulations and other affordable housing program requirements.
- Manage relationships with external partners, including lenders, investors, and government agencies.
- Conduct regular site visits to assess property conditions. Assist with the preparation of reports and presentations.
- Collaborate with the development team to ensure the successful transition of new properties into the portfolio.
- Provide support to the property management team on operational and financial issues as needed. Assist with other Asset Management tasks as needed.
WHAT YOU BRING
We're looking for candidates with:
- Analytical Skills and Attention to Detail: Gather and interpret data, identifying trends, patterns, and insights to inform decision-making. Ability to consistently produce high-quality work, ensuring accuracy and precision in all tasks.
- Collaboration and Teamwork: Work effectively with others, seeking out and building positive working relationships with colleagues, participants, and stakeholders. Work effectively with others, contributing to team goals and recognizing the strengths and contributions of others.
- Communication: Convey information clearly and effectively (both verbally and in writing) to individuals and groups in a manner that informs, engages and maintains their attention.
- Creativity and Initiative: Take action and make decisions without being prompted, demonstrating a proactive approach to work and a willingness to take on additional responsibilities. Think outside the box, generating innovative solutions to problems or challenges.
- Critical Thinking and Problem Solving: Analyze and evaluate information and situations, identify key issues, consider alternatives, and make logical decisions based on sound reasoning that will achieve the desired outcome.
- Ethics and Boundaries: Maintain ethical and professional standards, demonstrating honesty, integrity, and a commitment to doing the right thing in all situations while maintaining professional boundaries.
PREFERRED QUALIFICATIONS
- Affordable housing experience
- Multi-family experience
- Strong analytical background
MINIMUM QUALIFICATIONS
- 1-2 years of relevant experience in Asset Management
MANDATORY REQUIREMENTS
Regardless of qualifications, candidates must:
- Have employment eligibility verification
- Have or be able and willing to obtain CPR/First Aid training
- Successfully complete the following as a condition of hire:
- Tuberculosis Test
- Background Screening
- Drug Test
DRIVING
Driving is an essential function of this position. To meet the employment requirements for this role, all candidates must:
- Have reliable transportation
- A valid driver's license
- Proof of insurance and ownership for personal vehicles used during work duties
- The ability to qualify for PATH's insurance coverage
EMPLOYMENT ELIGIBILITY
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa.
FLEXIBLE WORK
We are a California employer. Therefore, all regular and customary work must be performed within the state. Approval for work outside of the office, does not establish approval for work to be conducted outside of California.
WHAT WE OFFER
In addition to a rewarding work environment, we offer our employees a competitive benefits package that includes medical, dental and vision coverage, vacation and sick time, paid holidays, and a retirement plan.
READY TO MAKE A DIFFERENCE THROUGH ACTION?
If this position sounds like a fit, please submit your application today. A resume is required.
PATH provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, PATH complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
PATH will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
PATH is dedicated to racial and social justice by centering equity in our service delivery and maintaining a diverse and inclusive work environment for the communities we serve. We seek awareness and insight from witnessing the stories of our clients and learning from the experiences of our staff to ensure impactful systems change. If people are empowered, they can bring their authentic, whole selves to work and when people feel like they belong, they can become part of a unified effort of ending homelessness for all.
