Are you an Asset Manager with strong financial expertise with excellent strategic judgment looking to bring your knowledge and skills to an organization that is ranked one of the Best Places to Work in Virginia? With this incredible non-profit, you can expect competitive compensation, valuable career and leadership training to further expand your in-demand knowledge and expertise, and an unbeatable benefits package. Plus, other benefits of working for a non-profit, like student loan forgiveness!
Community Housing Partners Corporation (CHP) is seeking a Senior Asset Manager to join their Christiansburg, VA team. This is a hybrid role – you will spend time working from home as well as traveling to CHP properties in the area.
Unlike many asset management positions that focus primarily on reporting and compliance oversight, CHP’s Senior Asset Managers serve as strategic business partners responsible for influencing portfolio performance, operational outcomes, capital investment priorities, preservation initiatives, and long-term portfolio strategy.
If you have 8–10+ years of progressively responsible experience in asset management, multifamily real estate, property management, finance, or a related field, CHP wants to hear from you!
To be considered, you must apply directly on CHP’s website: https://www.paycomonline.net/v4/ats/web.php/portal/5232AE0781E232B8878D898569BC9440/jobs/259842
Why a Senior Asset Manager Should join the CHP Team:
- Competitive compensation: $115,000 – $125,000/yr, based on your experience.
- Unbeatable benefits package including medical, dental, life insurance, disability insurance, 403(b) retirement plan with 5% company match (even if you contribute nothing, CHP will still contribute 3%!), $2,000 of tuition reimbursement, paid parental leave, and more!
- Plus, additional perks such as student loan forgiveness working for a non-profit for 10 years, assistance with helping you purchase a home, rental car and car purchase plan discounts, HVAC and computer plan discounts, free gym membership, free membership to the Calm app, and free membership to the Dave Ramsey Smart Dollar program.
- High-impact role with visibility across a large affordable housing portfolio, Influence portfolio strategy, capital planning, and preservation decisions
- Flexible remote work environment with meaningful property travel
- Opportunity to help shape the future of Asset Management at a mission-driven organization
- Collaborate across Development, Finance, Compliance, Sustainability, and Multifamily Leadership
- Gain experience with refinancing, Year 15 exits, preservation strategy, and affordable housing portfolio optimization
What you will bring to this role:
We’re looking for someone who combines strong financial expertise with strategic judgment and a deep understanding of multifamily real estate.
- Bachelor’s degree in Finance, Real Estate, Property Management, Business, or a related field preferred; equivalent relevant experience will be considered.
- 8–10+ years of progressively responsible experience in asset management, multifamily real estate, property management, finance, or a related field.
- Affordable housing experience strongly preferred.
- Certifications such as CHAM, CPM, HCCP, or equivalent are preferred.
Duties and Responsibilities:
As Senior Asset Manager, you’ll serve as a strategic partner to multifamily and organizational leadership, helping guide major portfolio decisions through data, financial analysis, and asset-level expertise.
Lead Portfolio Strategy and Financial Performance
- Serve as the owner’s representative by balancing financial performance, property operations, regulatory requirements, and long-term asset preservation objectives.
- Collaborate with Regional Managers and operational leaders to address complex challenges, coordinate stabilization efforts, and improve portfolio performance.
- Analyze financial and operational performance across the multifamily portfolio.
- Develop forecasting models, scenario analyses, and long-term portfolio plans.
- Identify trends, risks, and opportunities and translate them into actionable recommendations.
- Guide financial decisions that support CHP’s long-term portfolio and organizational goals.
Drive Capital and Investment Strategy
- Lead long-term capital planning using Capital Needs Assessments, reserve requirements, lifecycle needs, and property performance.
- Prioritize investments based on risk, return, resident impact, and strategic value.
- Support refinancing, recapitalization, preservation, and LIHTC Year 15 strategies.
- Align capital improvement plans with broader asset and portfolio objectives.
Strengthen Asset Performance and Risk Management
- Establish and monitor portfolio-level performance indicators.
- Identify systemic performance gaps, emerging risks, and opportunities for improvement.
- Partner closely with Regional Managers to identify root causes, guide corrective action strategies, and support successful execution of portfolio priorities.
- Lead or support special asset and stabilization initiatives for underperforming or at-risk properties.
- Promote consistent performance standards and asset management best practices across the portfolio.
Guide Affordable Housing and Regulatory Strategy
- Incorporate affordable housing regulatory requirements into asset-level and portfolio-level decision-making.
- Evaluate subsidy structures, incentive opportunities, and program optimization strategies.
- Provide an asset management perspective on acquisitions, dispositions, recapitalizations, and preservation efforts.
- Lead preservation and ownership transition activities, including refinancing, recapitalization, affordability preservation initiatives, and LIHTC Year 15 strategies.
Turn Data Into Decisions
- Build and leverage dashboards, financial models, analytics, and reporting tools.
- Ensure accurate and timely reporting for owners, lenders, agencies, and other stakeholders.
- Translate complex financial and operational information into clear recommendations for leadership.
Collaborate Across CHP
- Work closely with Property Management, Finance, Development, Compliance, and Operations.
- Align individual property strategies with CHP’s broader organizational priorities.
- Present findings, risks, opportunities, and strategic recommendations to executive and multifamily leadership.
- Conduct property visits and portfolio reviews to assess physical condition, operational performance, and long-term investment needs.
About: From our roots as a volunteer organization serving housing needs in Appalachia, CHP has grown into a multi-state organization nationally recognized for our capabilities and commitment to innovation and continuous improvement. Although CHP’s footprint has greatly expanded over the decades, our mission continues to focus on creating homes and communities that are healthy, sustainable, and affordable.
Community Housing Partners is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to the individual’s race, color, sex, national origin, religion, age, disability, genetic information, status as a military veteran or any other characteristic protected by applicable law.
