Job Details

Description

Why Wallick?
At Wallick, you're not just an employee — you're an owner. As an employee-owned company, we believe every associate has a voice and a stake in our collective success. Our Asset Management team is a major revenue driver and plays a critical role in shaping Wallick's profitability and long-term growth. You'll make a direct, meaningful impact on the lives of residents, the performance of our assets, and the future of our company.

Position Summary
As an Asset Manager at Wallick, you'll act as the Owner's representative, championing the financial health and long-term viability of approximately 30 affordable housing communities. You'll ensure each asset meets its financial and compliance commitments, unlock opportunities for value creation, and drive strategic decisions that support our mission and strengthen our profitability.

What You'll Do

• Manage a portfolio of our most challenging, high-impact properties, crafting and executing turnaround plans with measurable success.
• Mentor and develop a high-performing team of asset managers, analysts, and interns.
• Lead policy and procedure development for Portfolio & Asset Management (PAM).
• Review and approve strategic, operating, and financial plans for each property, ensuring alignment with overall business objectives.
• Analyze financial reports, tax returns, and audited statements to identify opportunities for growth and improved performance.
• Conduct annual on-site inspections to assess physical conditions and recommend improvements.
• Collaborate closely with Affordable Housing Operations to identify and execute strategies that maximize property performance and profitability.
• Strategically plan capital expenditures and reserves to enhance asset value and marketability.
• Identify and manage debt restructuring opportunities and oversee loan processes from negotiation to post-closing.
• Act as the Owner's representative when engaging with lenders, syndicators, regulatory agencies, and other key stakeholders.
• Support property dispositions and exits of Limited Partners related to LIHTC transactions.
• Actively participate on the Acquisition Team in evaluating and onboarding new properties.
• Seek out innovative, more efficient ways of doing business and encourage a culture of continuous improvement and open communication.

• Bachelor's degree in Business, Finance, or equivalent education and experience.
• 3+ years of experience in Real Estate Asset Management or a related analyst role.
• Strong understanding of accounting and real estate finance.
• Ability to read and analyze financial reports, partnership and loan documents, and make strategic recommendations.
• Experience applying advanced financial and mathematical concepts to evaluate business decisions.
• Knowledge of affordable housing laws and regulations is a plus.
• Proven decision-making skills that influence property and organizational outcomes.

• Be part of a mission-driven, employee-owned company where your work truly matters.
• Work on a high-impact team that directly drives revenue, supports Wallick's growth, and strengthens our communities.
• Contribute to a collaborative culture rooted in Care, Character, and Collaboration.
• Shape the future of affordable housing while advancing your career in a supportive and empowering environment.