Job Details

Overview

The Regional Portfolio Manager (RPM) is responsible for the overall performance of properties in the established portfolio. Responsible for maintaining satisfactory occupancy levels, revenue collections, regulatory compliance, quality of appearance, maintenance, property staff supervision, hiring, performance management & training.

Essential Functions

• Understands the financial, physical and ownership/agency goals for properties assigned. Communicates goals to the property staff and monitor progress toward goals established.
• Reviews redacted property budget with property staff.
• Maintain operational files according to established policy.
• Monitors occupancy and unit turn management daily. Arranges necessary marketing, staffing and other resources as required.
• Monitors all revenue collections. Is responsible for accounting for 100% of revenue at the completion of each month.
• Monitors lease & regulatory compliance. Oversees lease violations, termination notices issued to residents and eviction actions.
• Collaborates with the compliance management team to ensure that all certification work performed is acceptable and meets expectations. Is responsible for holding the Property Manager accountable to Compliance Department requirements.
• Hires, trains, and manages performance of all property staff members.
• Ensures property expenses are managed to the budget and looks for ways to perform more efficiently.
• Approves property staff purchases according to the established policy.
• Prepares for and attends (or assigns appropriate alternate) agency inspections. Assists Asset Manager with agency inspection responses.
• Required to perform on-site property and unit inspections according to established policy.
• Property performance reporting as required (KPI, Investor, Client, Agency)
• Manages maintenance activities, including work orders, preventative maintenance, triannual unit inspections.
• Performs other related duties as assigned.

Competencies

• Ability to supervise multiple employees
• Ability to self-direct and manage multiple projects, objectives, & deadlines
• Ability to research and respond to detailed requests in writing
• Ability to use a computer for word processing, spreadsheets, and e-mail
• Ability to write legibly
• Ability to work in a collaborative manner, as a member of a project team
• Ability to relate professionally with contractors, vendors, residents, & employees
• Ability to communicate effectively with people from diverse backgrounds
• Ability to understand and monitor budgets
• Ability to commit to the mission and values of the Management Company
• Ability to be flexible to change work plans
• Ability to maintain a professional personal appearance
• Ability to drive a car (and a valid driver's license) to inspect projects
• Ability to comprehend and effectively manage complex regulatory requirements
• Ability to obtain a Montana Property Manager license and applicable affordable program designations
• Excellent verbal and written communication skills.
• Excellent interpersonal skills with good negotiation tactics.
• Proactive and independent with the ability to take initiative.
• Excellent time management skills with a proven ability to meet deadlines.
• Familiarity with laws, regulations, and best practices applicable to hiring and recruitment.
• Proficient with Microsoft Office Suite or related software.
• Experience using Yardi or another property management software highly preferred.

Requirements

Education and Experience

• High school diploma or equivalent required. Training in property or real estate management related to affordable housing.

Experience

• A minimum of 5 years of managerial and administrative experience. Preference given to individuals with experience managing multiple properties and teams of property staff. Experience and/or training in a related field of affordable housing programs (Section 8, HUD, RD, Tax Credit, etc.).

Supervisory Responsibilities

• Yes

Work Environment

• Office environment; may work remote

Travel Required

• Yes, up to 50% of the time (maybe more) for traveling between properties and/or to training.

Special Education

• Education and experience details above.

Northwest Real Estate Capital Corp. is an equal opportunity employer and does not discriminate in employment on account of race, color, religion, age, sex, national origin, disability status, marital status, protected veteran or military status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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