Managing Director, Asset Management LIHTC

TheManaging Director of Asset Management LIHTCis a senior leadership role responsible for co-leading a team of approximately14 Asset Management professionalsand ensuring the successful delivery of asset management consulting and transaction support services to MRIs affordable housing clients.

This role holds full accountability forclient engagement successfrom both aservice deliveryandrevenue/EBITDAperspective. The Director leads crossfunctional teams to protect and enhance asset valuemaximizing tax benefits cash flow and longterm performancewhile serving as a senior advisor to clients investors lenders and other key stakeholders.

Key Responsibilities

Leadership & Team Management

• Co-Lead develop and mentor a highperforming Asset Management team of approximately 14 professionals.

• Establish performance expectations drive accountability and support professional growth and succession planning.

• Foster collaboration across asset management consulting training and transaction support teams.

Client Engagement & Revenue Ownership

• Own the overall success of client engagements ensuring high levels of client satisfaction retention and growth.

• Maintain accountability for engagement economics including revenue growth margin and EBITDA performance.

• Serve as a senior relationship manager for key clients building trusted advisor relationships with executivelevel stakeholders.

Asset & Portfolio Oversight

• Oversee asset management activities designed to preserve and enhance asset value for LIHTC portfolios including bothtax benefits and cash flow.

• Provide strategic oversight of property operations compliance financial performance and risk mitigation.

• Develop and implement proactive strategies to address operational financial and compliance challenges.

LIHTC Expertise & Advisory

• Apply deep knowledge of LIHTC partnership structures equity and financing with growing emphasis on debt structures.

• Review and interpret partnership agreements loan documents workout agreements and other legal/financial documents.

• Provide recommendations related to:

• Refinancing and recapitalizations

• General partner substitutions

• Partnership restructurings

• Debt restructurings

• Section 42 noncompliance issues

• Legal or strategic remedies as appropriate

• Support clients in property and/or partnership interest dispositions.

CrossFunctional & Service Development

• Collaborate with crossfunctional teams to deliver asset management training consulting and transaction support services.

• Participate in the development evolution and enhancement of MRIs service offerings to meet changing client needs.

• Contribute to new product and service line creation related to affordable housing asset management.

Education & Experience

• Bachelors degree (BA/BS) required

• 1520 years of wellrounded experiencein affordable housing asset management with significant LIHTC focus

• Proven experience leading teams and managing clientfacing engagements

• Demonstrated success in senior advisory roles involving investors lenders developers and public agencies

Skills & Knowledge

Technical & Analytical

• Advanced Excel skills including the ability to analyze operating data investor returns and portfolio performance

• Strong analytical capabilities to proactively resolve operational financial and compliance issues

• Working knowledge of partnership accounting related to LIHTC capital accounts elections and investor benefits

LIHTC & Affordable Housing Expertise

• Deep understanding of the affordable housing tax credit industry particularly theequity sideand increasingly thedebt side

• Strong grasp of real estate financing tax and compliance considerations at the operating partnership level

Communication & Client Management

• Exceptional written communication skillsclear detailed persuasive and well organized

• Strong verbal communication skills with the ability to present to diverse audiences including internal teams clients investors and industry professionals (in person via Teams and by phone)

• Proven ability to build trust with senior client stakeholders and manage complex client relationships

• Experience responding to client requests through both informal interactions and formal presentations

Core Role Competencies

• Planning and organization

• Sound decision making

• Problem solving

• Team collaboration

• Strong customer service orientation

• Ability to manage multiple priorities effectively

• Strong analytical and writing skills

• Selfmotivation and reliability

• Adaptability in a dynamic clientfocused environment

Leadership Competencies

• Integrity and professional judgment

• Initiative and accountability

• Trustworthiness and selfdiscipline

• Conflict management and resolution

• Strategic problem solving

• Ability to lead the creation and implementation of new service offerings

Were obsessed with making this the best job youve ever had!

We want our teams to love working here so weve created some incredible perks for you to enjoy:

• Join our employee-led groups to maximize your experience at work such as our Diversity Equity and Inclusion committee employee resource groups such as Women and Allies and our Pride Event Group

• Enjoy peace of mind over yours and your familys health with our medical coverage options and HSA benefit

• Invest in our competitive 401k plan and help set you up for your future

• Big on family So are we! We understand family is important and being able to spend quality time with your family is a wonderful experience. Our Parental Leave Program is designed to give you the opportunity to spend even more time with your new arrival(s)

• Enjoy a fantastic work-life balance with 20 days PTO plus observed Holidays plus 15 hours of Flexi time a year

• Further your professional development and growth with our generous Tuition Reimbursement offerings

• Enjoy the flexibility of working from anywhere in the world for two weeks out of the year

About Us

From the day we opened our doors MRI Software has built flexible game-changing real estate software that powers thriving communities and helps make the world a better place to live work and play. Fulfilling that mission is only possible because of one thing: exceptional people. People like you!

Our people-first approach to PropTech is defining a new industry standard for client experiences that quite frankly cant be duplicated. Experiences that deliver real value every day. And we know those experiences begin with our people.

We believe MRI is more than just a workplace; its a connected community of people who truly feel they belong. Whether were investing in employee resource groups or providing tailored resources for each person to reach their full potential were passionate about creating a work environment that makes you excited to show up every single day.

At MRI one of our core values is to strive to amaze. From the intelligent solutions we create to the culture we cultivate thats our goal every day. Because thats what industry leaders do. Whether youre joining as a new Pride member or rejoining us after a short time away your talent is vital to us our partners and our clients.

Amazing growth requires amazing employees. Are you up to the challenge

We know confidence gap and imposter syndrome can get in the way of meeting remarkable candidates so please dont hesitate to apply. Wed love to hear from you!

MRI is proud to be an inclusive employer. We welcome and celebrate diversity across all backgrounds including ethnicity religion sexual orientation gender identity disability age military veteran status and more.

We believe that Belonging is a direct result of Diversity Equity and Inclusion. Those values are woven into the fabric of who we are and are foundational to our continued success. Come and see for yourself!