Director of Asset Management

Job Description:

Director of Asset Management

Description

Director of Asset Management

Opening Date: March 7, 2025

Closing Date: April 4, 2025

Annual Salary: $207,279.98 - $277,775.00

Tentative interview date: 4/18/25

Interested candidates are encouraged to apply immediately for consideration.

(9/80 Work Schedule with alternating Fridays off).

Are you interested in making an impact in the community? The Santa Clara County Housing Authority (SCCHA) is the county’s largest provider of affordable housing, and envisions a future where we, as an organization, become a relevant community leader, expanding our commitment to increasing the supply of safe and affordable living environments for low-income families.

How You Will Make an Impact:

SCCHA is seeking to hire an experienced and passionate Director to plan, direct, manage, and oversee the activities and operations within the Asset Management division of the Real Estate Department. This includes short- and long-term financial and capital planning , and the administration of Asset Management policies and procedures. The Director of Asset Management is responsible for achieving and advancing operational goals and objectives. The Asset Management department collaborates and partners with a broad range of internal and external stakeholders to ensure the fiscal and physical health of the Housing Authority’s real estate portfolio and the preservation of affordable housing for our residents and the broader community.

Why Join Us?

At SCCHA, we are committed to providing innovative and sustainable housing solutions. As Director of Asset Management, you will join a dynamic leadership team where you will play a pivotal role in the furtherance of our mission.

What You’ll Do:

In this strategic leadership role, you’ll:

• Direct all Asset Management activities by managing the financial performance, physical condition, compliance, and key stakeholder satisfaction across the portfolio. Responsible for the Agency’s portfolio of residential properties, including supportive housing.
• Monitor and evaluate the financial performance and risk level of the Agency’s real estate portfolio. Utilize Affordable Housing Investors Council (AHIC) best practices and industry recognized key performance indicators to mitigate risk and maximize financial performance for the Agency’s real estate portfolio.
• Oversee the long-term capital needs planning, re-syndication and repositioning strategies for the entire portfolio. Conducts financial analysis and develops, evaluates and monitors financial strategies to ensure the fiscal health of Agency assets.
• Provide oversight and direction to property management companies managing tax credit and/or bond financed properties to ensure compliance with partnership agreements, financing covenants, and other legal and operational requirements related to the properties.
• Develop, monitor, and evaluate the Asset Management departmental budget, budget revisions, reviews contracts and work procedures. Perform complex financial and statistical analyses of project expenditures and ensures timely requisition of funds for vendor payments.
• Manage the affordable housing portfolio to ensure compliance with the regulatory agreements, loan agreements, operating agreements and partnership agreements to meet legal obligations in the agreements for renting housing units, maintaining insurance and accurately distributing cash flow based on the agreements.

• Identify legislative issues related to affordable housing activities; prepare analyses, responses, and recommendations for the Deputy Executive Director.

• Represent the Agency in community affairs and conduct meetings with a variety of stakeholders. Attend and participate in professional group meetings and keeps abreast of new trends and innovations in the field of housing assistance programs. Monitors continuing changes in HUD policies and procedures and in local sector housing market conditions.
• Establish positive working relationships with representatives of community-based organizations, external agencies and companies, SCCHA management and staff, and the public.
• Manage the work of staff, including assigning, planning, and reviewing work, evaluating work performance and completing performance evaluations, coordinating activities, maintaining standards, allocating personnel, selecting new employees, training staff, acting on employee problems, and recommending and implementing discipline.

Qualifications You’ll Bring:

A combination of suitable education and experience such as:

Education: A bachelor’s degree from an accredited four-year college or university with major coursework in urban planning, business administration, real estate, finance, or a related field. Master’s Degree preferred.

Experience: At least 5 years of increasingly responsible experience in supervision, general administration, affordable housing, real estate finance, and real property acquisitions. Industry recognized certifications from the Consortium for Housing & Asset Management (CHAM), Housing Choice Voucher (HCV), Low Income Housing Tax Credit (LIHTC), and Fair Housing are desirable.

Skills and Competencies

• Advanced knowledge of affordable housing financing development programs, including LIHTC
• Advanced knowledge of Real Estate Portfolio Asset Management, managing budget and financial performance, risk, property management efficiency and effectiveness,
• Advanced knowledge of federal and state housing regulations.
• Strong stakeholder management skills to foster collaborative cross-functional relationships with internal and external stakeholders including community-based organizations, external agencies and companies, as well as staff within SCCHA.
• Strategic project management, collaboration, and communication skills.
• Highly effective oral and written communication

Join Us Today!
If you’re ready to take on this exciting challenge and help shape the future of housing in Santa Clara County, don’t wait! Apply now to be part of a team that’s changing lives and building a better tomorrow.

For a detailed description of the position's essential functions, please click HERE

APPLICATION PROCESS

Apply today if you are interested in pursuing this opportunity and attach and submit the following with your application to best showcase your skills:

• A completed Santa Clara County Housing Authority online application and thorough responses to the supplemental questions to adequately show your interest and qualifications.
• A detailed resume that highlights your related skills and experience.

Candidates must complete the Santa Clara County Housing Authority application form for this position and submit online at www.scchousingauthority.org. Please note that incomplete applications will not be considered.

SUPPLEMENTAL QUESTIONNAIRE

Applicants are strongly encouraged to thoughtfully complete the Supplemental Questionnaire. This is a key tool used in the evaluation to determine each applicant's qualifications for the position and if they are amongst the best and most suitably qualified candidates that will be invited to participate further in the examination and selection process.
Where have you gained advanced knowledge of affordable housing financing development programs, including LIHTC?As a member of the leadership team, the expectation is for this Director of Asset Management role to work out of the San Jose SCCHA office 2-3 days per week. Would you be agreeable to this hybrid schedule?Is there anything else you’d like to share with regard to your background, qualifications or interest in this role?
The information contained within this announcement may be modified or revoked without notice and does not constitute either an expressed or implied contract.

The Santa Clara County Housing Authority is an Equal Opportunity and does not discriminate against qualified employees or applicants because of race, color, religion, medical, physical or mental disability, or any other basis protected by law. Qualified individuals with a disability will receive reasonable accommodation, as required by the California Family Rights Act (CFRA), and federal laws including the Americans with Disabilities Act and Section 504, during any phase of the selection process, providing such request is made to Human Resources at least five working days in advance. Medical disability verification may be required prior to accommodation. Under federal law, all employees must provide documents that authorize the right to work in the United States.