Director, Asset Management – Multifamily Loans, Affordable Housing

🕒 September 1

🌪️ Kansas, Missouri, +1 more states – Remote

🌪️ Kansas – Remote 🏰 Missouri – Remote 🤠 Texas – Remote

💵 $150k - $200k / year

⏰ Full Time

🟠 Senior

👔 Director

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The Community Preservation Corporation

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 1974

🏗️ Construction

🏠 Real Estate

💸 Finance

Construction • Real Estate • Finance

The Community Preservation Corporation is a national nonprofit lender and investor that finances, acquires, and preserves affordable, workforce, and sustainable multifamily housing. It provides construction and bridge loans, permanent mortgage products (including as a nonprofit-owned Freddie Mac, Fannie Mae, and FHA lender), and equity investments, while administering programs to advance electrification, climate-friendly building practices, and developer access for underserved communities. CPC leverages decades of housing finance and public policy expertise to expand affordable housing, promote long-term affordability and stability, and support community-scale sustainability and economic inclusion across the U. S.

📋 Description

• Lead asset management strategy across multifamily, affordable housing, and LIHTC portfolios • Identify, monitor, and mitigate portfolio risks • Provide oversight of performing assets and escalate emerging risks • Serve as primary contact for investors, borrowers, and internal stakeholders • Communicate portfolio performance, emerging risks, and recommendations to Senior Leadership through executive-ready materials and presentations • Lead, develop, and mentor Managers and Asset Managers • Foster accountability, proactive risk management, and cross-functional collaboration • Establish and enhance asset management policies, procedures, and control frameworks • Improve systems, reporting, dashboards, and data quality • Lead cross-functional initiatives and process improvements • Establish and maintain credit governance standards and approval processes for high-risk assets and complex transactions • Lead portfolio surveillance, Watchlist management, and risk-rating alignment with Credit, Legal, Servicing, and Finance • Enhance risk reporting and early-warning indicators, escalation protocols, and transitions between performing and risk portfolios • Collaborate with borrowers, guarantors, government agencies, developers, owners, property managers, and Agency partners including Fannie Mae, Freddie Mac, and FHA

🎯 Requirements

• Bachelor’s degree required; advanced degree preferred • 10+ years of multifamily real estate asset management experience, with strong 7+ years of relevant experience also considered • Deep knowledge of credit, property operations, Agency and banking product types, affordable housing, and LIHTC portfolios • Ability to communicate complex credit and risk matters to Senior Leadership and prepare executive-level materials • Experience leading and developing asset management teams • Strong analytical, financial, and decision-making capabilities • Strong knowledge of loan documentation, servicing agreements, and post-closing asset management practices • Strong knowledge of multifamily housing operations, ownership structures, and affordable housing regulatory frameworks • Ability to manage multiple priorities in a fast-paced, deadline-driven environment • Excellent communication, presentation, analytical, and problem-solving skills • Strong attention to detail and data integrity • Ability to collaborate effectively across internal and external stakeholders • Willingness to travel as needed • Applicants must be authorized to work in the United States • Employment sponsorship is not provided

🏖️ Benefits

• Competitive compensation • 401(k) retirement plans with employer match • Medical, dental, and vision benefits for employees and their dependents • Commuter benefits • PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability • Tuition assistance program • Two “work from anywhere” weeks per year • Summer Fridays • Collaborative working spaces • Service days to support our communities • Employee development and engagement events • Bonus eligibility