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  • Manager, Transition Asset Management (St.…

    Raymond James Financial, Inc. (St. Petersburg, FL)



    Apply Now

    Essential Duties & Responsibilities:

    + Manage, plan, assign, monitor, and lead the work of 3-8 Transition Asset Managers.

    + Performs supervisory activities including performance reviews, identifying performance problems and seeking guidance for remedial action and participating in interviewing and selecting staff.

    + Reviews real estate documentation for consistency with RJTCF’s requirements and property specific investment criteria.

    + Updates and/or reviews financial projections to reflect actual property performance.

    + Reviews property financial statements, tax returns, cost certifications and low income housing tax credit (LIHTC) specific documentation.

    + Reviews legal documents/memorandums and performs other “due diligence” procedures in connection with the property

    + Final Underwriting review approval authority to review, approve, and process requests for capital contributions to the property specific partnerships

    + Performs duties that require advanced knowledge and skills related to real estate and LIHTC documentation and LIHTC industry and legal requirements

    + May coordinate the investor closing process for property specific partnerships. This includes coordinating RJTCF internal and legal staff to provide responses to investor’s comments.

    + Trains, coaches, and mentors other transition asset managers.

    + Performs other advanced duties and responsibilities as assigned.

    Advanced knowledge of:

    + Company’s working structure, policies, mission, and strategies.

    + Fundamental concepts, principles and practices of LIHTC.

    + Fundamental concepts, principles and practices of the real estate industry.

    + Principles of banking and finance industry operations.

    + RJTCF’s lower and upper tier Partnership Agreement requirements.

    Skill in:

    + Reading and understanding standard real estate and LIHTC specific documentation

    + Real estate financial projections

    + Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, and spreadsheets.

    Ability to:

    + Communicate effectively both oral and written.

    + With limited to no guidance, organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment to meet required results.

    + Provide accurate and high quality work product in a timely manner.

    + Proactively demonstrate readiness and ability to initiate action.

    + With limited to no guidance, work independently as well as collaboratively within a positive team environment.

    + With limited to no guidance, identify required tasks, develop timelines and execute.

    + Project a positive, professional image both internal and with external business contacts.

    + Convey information clearly and effectively through both formal and informal documents.

    + Identify relationships, draw logical conclusions and interpret results for use in decision making.

    + Review and approve technical real estate and LIHTC documentation

    + Proactively mentor others, sometimes throughout the department.

    Educational/Previous Experience Recommendations:

    + Bachelor’s Degree (B.A.) in business, finance, accounting or related field and a minimum of four (4) years of relevant real estate experience.

    ~or~

    + Any equivalent combination of experience, education, and/or training approved by Human Resources.

    Licenses/Certifications

    + HCCP designation

     


    Apply Now



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  • Manager, Transition Asset Management (St. Petersburg)
    Raymond James Financial, Inc. (St. Petersburg, FL)
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