Assistant Asset Manager

Title :                                 Assistant Asset Manager

Reports to :                        Director of Asset Management

To be considered for this position, please submit a letter of interest and resume to [email protected] with the subject “ Assistant Asset Manager.”

Job Location :    Our office is located in Oakland, California / Remote work within California will be considered; Preferred within any of the following metropolitan areas : Los Angeles, Orange County, San Francisco Bay area, or Capital Region.

About Merritt Community Capital Corporation : Merritt is one of California’s leading nonprofit affordable housing funders. Our mission is to invest in affordable housing and people to build a stronger California. For 35 years we have been a trusted partner, investing over $1.5 billion creating over 11,000 affordable homes across California. Merritt invests in affordable housing with mission-aligned developers and funders to make the most challenging affordable housing projects possible and we invest in programs that develop the next generation of affordable housing professionals with a focus on making the industry more equitable, diverse, and inclusive. Merritt is guided by our values : People-First, Solutions-Oriented, Trust, Openness, and Kindness.

Position Overview : Merritt is seeking a mission-driven, detail oriented and collaborative Assistant Asset Manager to join our team. This position will support the operations of a growing portfolio of affordable housing assets across the State. This role will support the asset management team with all asset management activities and lead portfolio-wide initiatives.

Essential Duties and Responsibilities :

Information Gathering :

• Manage all components of the Asset Management database including but not limited to consultant interfacing, troubleshooting, enhancement efforts, technical assistance and all oversight for the platform.
• Perform timely collection and retention of periodic information on investment partnerships, including construction / leasing progress, financial and operations reports, audits, and budgets.
• Prepare and disseminate quarterly, annual, and ad hoc reporting as directed.
• Input new asset data; assess and resolve incomplete submissions from partners / managers, ensuring data integrity.
• Create or assist in developing reports to investors or other stakeholders.

Tracking and Recordkeeping :

Portfolio Management :

Ideal Candidate :

Minimum Qualifications :

Physical Demands / Working Conditions :

Compensation : Merritt offers a competitive compensation package, including a bonus plan and benefits. This is an exempt, full-time position. The annual salary range for this position is $80,000 to $100,000. Resumes will be reviewed and considered on an ongoing basis. To be considered for this position, please submit a letter of interest and resume to [email protected] with the subject “Assistant Asset Manager.”

Benefits : Merritt offers a collaborative culture with a passionate team focused on our mission. We provide excellent benefits, including medical, dental, vision, and life insurance; 10 sick days; 15 vacation days in 1st year, 20 days thereafter, plus 15 paid holidays; 401(k) with employer contribution; and performance bonuses.

EEO Statement : Merritt provides equal employment opportunities for all employees. All qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, religion, creed, age, sex, gender, sexual orientation, gender identity, gender expression, marital status, genetic information, disability status, protected military or veteran status or any other characteristic protected by law. Merritt is committed to creating a diverse, equitable, and inclusive workplace.