Director of Asset Management

2 days ago Be among the first 25 applicants

This range is provided by Reneris. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$156,000.00/yr - $165,000.00/yr

Direct message the job poster from Reneris

Executive Search and Non-Profit Management Consultant

Director of Asset Management

Status : Full-time, Exempt

Salary Range: $156,000 – $165,000 + Comprehensive Benefits

Position Summary

The Director of Asset Management oversees the physical and financial performance of a large affordable housing portfolio (3,000+ units), ensuring long-term viability, compliance, and alignment with organizational goals. This role leads capital planning, financial analysis, risk management, and asset strategy, while partnering with property management, compliance, and development teams. The Director manages staff, external relationships, and department operations, and serves as a member of the senior leadership team.

Key Responsibilities

• Ensure physical health of the portfolio through inspections, capital needs assessments, and capital improvement planning.
• Oversee financial performance, set benchmarks, review budgets/audits, and develop workout, refinancing, and rehabilitation strategies.
• Lead long-term asset planning, including annual asset management plans, financial modeling, rent/subsidy strategies, and compliance reporting.
• Manage risk and insurance programs, ensuring compliance with financing and regulatory requirements.
• Oversee commercial property management, lease negotiations, and third-party management relationships.
• Support new development sustainability and transition into operations.
• Lead and develop the asset management team, fostering professional growth.
• Represent the department to the board, external partners, and community stakeholders.

Qualifications

• 8+ years of asset management experience, including affordable housing; 5+ years in a supervisory role.
• Bachelor’s degree in real estate, business, planning, or related field (or equivalent experience).
• Strong knowledge of HUD, LIHTC, and other affordable housing regulations; capital planning and refinancing; portfolio financial planning.
• Proven leadership, analytical, and problem-solving skills; proficiency in financial and asset management systems (Yardi preferred).

Preferred

• Graduate degree or advanced certifications (e.g., CPM, NAHP, CHAM).
• Knowledge of fair housing/landlord-tenant laws and local community context.

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Strategy/Planning

• Industries

  Real Estate and Non-profit Organizations

Referrals increase your chances of interviewing at Reneris by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Get notified when a new job is posted.

Sign in to set job alerts for “Director Asset Management” roles.

San Francisco, CA $129,840.00-$194,760.00 3 weeks ago

Director of Operations | Residential Real Estate

Director of Operations | Residential Real Estate

San Francisco County, CA $175,000.00-$190,000.00 3 weeks ago

United States $144,800.00-$219,300.00 6 hours ago

San Francisco, CA $140,000.00-$160,000.00 5 days ago

Director, Strategic Planning and Operations

Mountain View, CA $249,000.00-$355,500.00 2 days ago

Foster City, CA $180,000.00-$220,000.00 1 month ago

San Mateo, CA $191,200.00-$274,850.00 1 day ago

Director, Asset Management Business Strategy

Concord, CA $125,000.00-$275,000.00 2 weeks ago

San Francisco, CA $190,000.00-$230,000.00 2 weeks ago

San Mateo, CA $217,000.00-$301,000.00 3 weeks ago

San Francisco Bay Area $100,000.00-$150,000.00 3 weeks ago

San Francisco Bay Area $180,000.00-$220,000.00 3 weeks ago

San Francisco Bay Area $135,000.00-$160,000.00 2 weeks ago

Redwood City, CA $171,000.00-$269,000.00 1 week ago

Foster City, CA $213,000.00-$332,950.00 20 hours ago

San Francisco, CA $175,000.00-$200,000.00 4 weeks ago

Dublin, CA $141,107.00-$235,206.00 2 weeks ago

Director of Global Real Estate & Planning

Director, Investment Services Offer Management (PL)

San Francisco, CA $120,000.00-$200,000.00 2 days ago

San Francisco, CA $100,000.00-$120,000.00 2 weeks ago

Concord, CA $165,000.00-$222,000.00 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr