Affordable Asset Manager

Department Overview

W&D Affordable Equity (formerly Alliant Capital)is a leading tax credit firm focused on tax credit syndication for the development and financing of affordable multifamily rental housing. As a syndicator of Low-Income Housing Tax Credits (LIHTC) W&D Affordable Equity raises corporate equity andmonitorsthe development construction lease-up and permanent financing phases of its investments. With a dedicated team of experienced real estate asset management legal and tax professionals we provide the highest level of fully integrated real estate and investment support services.

The Impact You Will Have

As a member of WDAEs Asset Management Department the positionis responsible formaximizing asset values and limiting risk liabilities for the assigned Low Income Housing Tax Credit portfolio. The Asset Manager will manage a portfolio of Affordable Housing developments through the oversight of athird-partymanagement company site visits financial review compliance review as well asmaintainingrelationships with developer addition the Asset Manager will focus on the review and analysis of property level financial data for their portfolio including annual operating budgets quarterly financial statements residual receipts analysis year-end audited financialstatementsand tax returns. The Asset Manager will alsoassistthe department on special projects related to partnership reporting strategic workouts and Year 15exit strategies. The position requires the ability to apply portfolio analysis and provide in-depth decision-making recommendations to Senior Management.

Primary Responsibilities

• Partner with Acquisitions during underwriting to evaluate projected operating performance investment assumptions partnership structures sponsor and property management capacity and relevant market data.

• Assess deal structure risk exposure and overall investment viability.

• Manage the financial and operational performance of an assigned multifamily LIHTC portfolio.

• Review monthly property management reports and evaluate key performance indicators including vacancy delinquencies turnover and budget-to-actual variances.

• Analyze annual budgets quarterly financial statements audited financials and K-1 tax returns.

• Monitor construction lease-up stabilization ongoing operations and compliance with Section 42 and applicable state agency requirements.

• Evaluate and approve equity installment requests equity adjustments yield maintenance calculations and reserve withdrawals within defined authority limits.

• Perform surplus cash calculations and coordinate fee and cash flow distributions.

• Monitor guaranty triggers (completionoperating and tax credit delivery) and assess guarantor financial capacity.

• Strengthen propertymonitoringand risk management processes including oversight of third-party property management firms.

• Maintainaccurateand complete portfolio records and internal databases.

• Develop andmaintainstrong relationships with general partners/sponsors and implement asset management strategies to enhance investment value.

• Provide refinancing disposition acquisition restructuring and workout support for distressed assets.

• Evaluate economic and demographic trends and assess their impact on portfolio performance.

• Prepare investor reports and deliver presentations to investors clients and Senior Management.

• Other duties as assigned.

• Attendance isgenerally requiredfrom 8:30 am 5:30 pm local time Tuesday through Thursday with theoptionto work remotely on Mondays and Fridays.

Education and Experience

• Bachelors degree in Business Administration Finance Economics Accounting or a related field; equivalent experience considered.

• 5 years of experience in affordable housing asset management particularly LIHTC portfolios.

• Strong background in real estate operations financial analysis budgeting reporting and general accounting.

• Experience managing financial performance across a portfolio of properties.

• Workout and restructuring experience strongly preferred.

KnowledgeSkillsand Abilities

• Strong written and verbal communication presentation interpersonal organizational and negotiation skills.

• Advanced analytical and problem-solving abilities with strong knowledge of accounting principles and the ability to interpret financial statements and underwriting models.

• Proficiencyin portfolio and investment analysis including IRR XIRR NPV NOI cap rates DSCR sensitivity analysis equity installment tracking yield maintenance calculations and cash flow distributions.

• Ability to present complex financial and portfolio analysis to Senior Management and collaborate effectively within a broader asset management team.

• Ability to manage multiple priorities in a fast-paced environment while exercising sound judgment andmaintaininga positive team-oriented approach.

• Strong attention to detail and ability to oversee portfolio data integrity and reporting accuracy.

• Proficiencyin Microsoft Office applications; familiarity with Access FileMaker PowerPoint and Crystal Reports preferred.

• Ability to show ownership of your work take on challenges and acknowledge growth opportunities anddemonstratepatience when learning new processes.

• Courtesy respect and thoughtfulness in teaming with colleagues and other stakeholders

This position has an estimated base salary of $100000 - $11000 plus a discretionary bonus. An employment offer is based on the applicants relevant work experience applicable knowledge skills abilities internal equity and alignment with market data.

We are accepting applications until July 31 2026.

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