Career Opportunities

Asset Management

Construction Asset Management Analyst

Position Responsibilities:

  • Support Asset Managers on projects in the construction phase (new construction and rehabilitation);
  • Shadow Asset Managers on certain projects to better understand relationship management and project knowledge;
  • Process capital contributions for each project, including tracking of required benchmarks; work with Asset Managers on capital call requests to minimize quarterly equity roll over;
  • Complete depreciation projections at time of hand-off from Underwriting Department and upon receipt of final construction draw.
  • Assist Asset Manager with quarterly reporting to investors;
  • Track obtain all year-end tax returns and audits for partnerships in the CAM portfolio;
  • Pursue tax credit projections from developer partners for projects as of year-end for the Compliance Team; project tax credit adjusters due to construction delays for Asset Managers;
  • Contact developer partner regarding scheduling of grand openings or ribbon cutting ceremonies;
  • Update monthly construction/lease-up status report for meetings with Asset Management team; coordinate team’s schedule;
  • Assist Asset Managers with project hand-off from Underwriting Department to CAM, construction draws and site visit reports, construction contingency, developer fee, change orders and completion percentage;
  • Maintain and organize all e-mail communication and files received by project; save all documents to the company server;
  • Generate insurance tracking report and request renewal insurance certificates from the developer partner;
  • Confirm payee and track payments to third-party site visit consultant; verify same with hand-off memo and partnership agreement for accuracy;
  • Ad hoc requests and analyses from asset managers and other department staff; and
  • Certain administrative duties.

 

Requirements:

  • Bachelor’s degree in a business or engineering-related field;
  • Excel, Word, and Outlook knowledge and experience;
  • Real estate finance and accounting knowledge a plus;
  • Ability to prioritize and multi-task;
  • Ability to work well within a group setting; and
  • Must be a self-starter and willing to take on new responsibilities.

Send resumes to hr@wncinc.com.