Enterprise Community Partners

Enterprise Community Partners

Director, Asset Management, Workouts, Hybrid position

Baltimore, MD · Director

Sponsorship not specifiedDetected 1 day ago
Project ManagementFinancial ModelingAccountingLeadershipCommunicationCollaborationProblem SolvingOrganizational Skills

About the role

  • Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one.
  • And you will find a career home where you're valued and supported in your growth journey.
  • This role is specifically focused on experiencing structural cash flow deficits, sustained net operating income shortfalls, capital constraints, or other forms of distress requiring active intervention beyond routine asset management.

Responsibilities

  • We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves.
  • You will collaborate with some of the smartest minds and biggest hearts in our field.
  • The Director, which is a new position at ECD, will manage a dedicated team and serves as the owner's representative for a portfolio of non-stabilized LIHTC senior and family communities.
  • The position requires advanced financial expertise, strong people leadership and communication skills, and disciplined problem solving to drive long-term stabilization and risk mitigation.
  • Lead the identification, triage, and resolution of assets experiencing chronic cash flow deficits or operational distress.
  • Develop, implement, and oversee property-specific action plans that result in property stabilization.
  • Manage, coach, and develop a team of workout-focused asset management professionals.
  • Partner with property management, development, compliance, and resident services teams to resolve complex asset challenges.
  • Prepare clear internal reporting and support lender, investor, and partner communications.

Requirements

  • 7+ years of LIHTC/multifamily experience.
  • 3+ years of workout experience.
  • 5+ years of direct people management experience.
  • Demonstrated people leadership, sound judgment, and ability to operate effectively in high-pressure environments.
  • Strong financial and analytical skills, including advanced proficiency in Microsoft Excel.
  • Proficiency with Yardi.
  • Ability to produce, review, and interpret real estate financial models and financial statements.
  • Proven problem-solving, critical-thinking, and project management skills.
  • Strong organizational skills with ability to coordinate complex activities, prioritize competing demands, and meet deadlines.
  • Excellent verbal communication and business writing skills.
  • Ability to interact professionally with a diverse group of associates, residents, and external partners.

Nice to have

  • Bachelor's degree required
  • Finance, Accounting, Business, or Real Estate preferred.
  • Master's degree (MBA or MS Real Estate) or CPA strongly preferred.

Compensation

  • Oversee monthly, quarterly, and annual reporting for the workout portfolio.

Benefits

  • You'll be empowered to drive systems change and take bold steps to advance racial equity.
  • Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.

Company info

  • At Enterprise, you'll be part of a diverse, committed team making a difference every day.

This listing is sourced directly from Enterprise Community Partners's careers page and normalized into a canonical job model.