Investment Portfolio Manager, Sr. manages the daily activities for a given section of the company's investment operations. Reviews investment operations policies and procedures and recommends changes to increase efficiency. Being an Investment Portfolio Manager, Sr. may require a bachelor's degree in area of specialty. Typically reports to a head of a unit/department. The Investment Portfolio Manager, Sr. typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be an Investment Portfolio Manager, Sr. typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
Regional Portfolio Manager
Company Description
Multifamily Property Management
Job Description
The Regional Portfolio Manager is the individual directly responsible for managing a group of assets as assigned by FPI Management. This individual is responsible for enforcing all FPI Management policies, procedures and internal operations. The Regional Portfolio Manager will be accountable for all operations of the assets in their inventory. Their job is to meet the expectations of each Client based on the respective operating budget and management agreement.
Pay: $100,000 - $105,000 / Year
DUTIES AND RESPONSIBLITITES
1.Prepare annual operating budgets for submission to Clients and Properties.
2.Monitor project budgets and marketing to maintain an awareness of the current financial status of each asset. Alert the FPI Management Executive Committee of any recommended changes.
3.Complete the monthly/quarterly Property Manager Checklist and submit on-time.
4. Make rent and concession recommendations based on market conditions and availability.
5. Verify that each property is adequately maintaining appropriate and required forms, leases, documents, resident certifications, invoices, and all other necessary forms, posters, and signs required by the Client, the Lender, and FPI Management.
6. Assure that all units are maintained to FPI standards, including turn-over's, exterior curb appeal, decorating recommendations, and cleanliness.
7. Review vacancies, availability dates, and turn-over rates.
8. Review monthly operating statements, budget and variance reports, check registers as necessary, delinquency reports, and other financial reports as provided by FPI Management to ensure budgetary control.
9. Monitor service requests for completion, timeliness, and resident satisfaction.
10. Maintain a professional appearance at all times in the presence of Employees, Clients and Residents.
11. Provide training and positive guidance to all employees to ensure maximum productivity.
12. Personally respond to Resident, Client, and Vendor calls, emails, and text messages within 24 hours of receipt during the work week.
13. Responsible for participating in recruiting activities and make sound hiring decisions for all on-site position openings.
14. Responsible for meeting all training requirements for the PM position and ensuring site employees have met the training requirements for their position.
15. Evaluate the performance of each on-site personnel on an on-going basis. Ensure all employee communication and counseling is properly documented and provided to the Human Resource Department.
16. Ensure CD Annual Reviews are completed, as well as Community Directors are completing reviews for each of their staff.
17. Portfolio Managers are responsible for ensuring their Sites and Community Directors are in compliance with all FPI Safety Policies and Procedures.
18. Maintain positive, professional and effective communication with Clients and Supervisors to ensure FPI is meeting the Client objectives and expectations.
19. Affordable Housing Duties/Responsibilities:
20. Other
Perform any and all functions as directed by the supervisor, including special project assistance.
Qualifications
Minimum Requirements:
Additional requirements for Affordable Housing properties:
Must have a minimum of 3 years' experience with affordable housing programs including but not limited to: LIHTC, HUD programs (Project Based Section 8, Section 236, PRAC, 811 PRA), USDA-Rural Development (515), HCD, HOME Funds and Bonds. Affordable Housing Accreditation (HCCP, HCP-E, COS, BOS, TCS, CPO, etc.) or other applicable designations in affordable programs. Strong computer skills (MS Office, Google Apps, property management-related software, email, internet). Position is telecommuting approved. Employees must be disciplined and have the ability and set-up to work from home, have a dedicated space to efficiently and ergonomically perform job duties, and must be able to abide by FPI's Telecommuting policies.
Skills Required:
Additional Information
ESSENTIAL ATTRIBUTES
Why look at FPI for your next career step? We are one of the largest third-party 100% fee-managed Property Management companies in the nation, an industry leader in both the Conventional and Affordable Housing spaces, managing over 850 communities (~150,000 units) across the country, and employing ~3,500 team members. We offer comprehensive compensation and benefits packages (employee-only employer-paid plan available), ongoing training, and plenty of opportunities to grow your career. Come join Team FPI!
EEO/EVerify Statements
FPI Management is an Equal Opportunity Employer. All qualified applicants are encouraged to apply. FPI Management participates in the E-Verify program.
Job Type: Full-time
Pay: $100,000.00 - $105,000.00 per year
Benefits:
Experience level:
Schedule:
Ability to Relocate:
Work Location: Hybrid remote in Antioch, CA 94509
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