VICE PRESIDENT PORTFOLIO MANAGEMENT - Rochester, NY
Company: Conifer Realty
Posted on: January 16, 2022
AT CONIFER, WE OFFER: Purpose, Innovation, and Excellence
About Conifer: Conifer Realty, LLC is a dynamic, vertically
integrated organization that creates and manages high-quality
affordable and work-force housing. Conifer is devoted to growth ,
to innovation and to be purposeful to our communities. Every step
in our process creates a path to a HOME for Possibilities -- a HOME
for our residents, and a HOME for our employees. Conifer has a
45-year investment and development history with over 16,000 units
owned and managed today. In addition to our current East Coast
portfolio, we want to extend nationally with our Purpose,
Innovation, and our HOME for Possibilities. At the heart of Conifer
is an experienced team of close to 600 highly skilled and
passionate professionals. The team's demonstrated entrepreneurial
spirit has secured our leadership role in the affordable housing
BASE LOCATION FOR POSITION: Conifer's Corporate Resource Center in
Rochester, NY, OR a remote home office within Conifer's regional
portfolio of NY, NJ, MD, PA with flexibility for travel to
Corporate or sites as scheduled.
The Vice President of Portfolio Management is a senior management
position responsible for establishing and leading an institutional
class in-house Multifamily tactical asset management team, with
significant emphasis on Affordable Housing programs. This includes
analyzing existing internal departmental processes, priorities, and
performance, retaining best practices, and repurposing strategies,
resources, and execution in alignment with current
owner/investor/leadership objectives for company and portfolio
RESPONSIBILITIES will include but not be limited to:
Mentor, motivate, lead, and retain a highly skilled Asset and Risk
Management team and support staff including but not limited to a
team of dedicated asset managers with assigned property portfolios
sized and paced with Conifer's planned portfolio growth.
Drive portfolio and individual asset profitability, NOI, and
valuation growth with significantly enhanced focus on revenue
maximization across all forms of property revenue and operating
Develop and ensure execution of multi-year strategic
operating/business plans for all properties.
Working in coordination with Property Management and applicable
support departments, design and implement a collaborative Portfolio
Management approach to further facilitate effective performance
that meets or exceeds financial expectations in accordance with
strategic plans and/or operating budgets.
Ensure individual property/asset plans are aligned with short- and
long-term Capital Transaction goals and objectives.
Ensure annual operating budgets are aligned with strategic
portfolio/property objectives including but not limited to growth
targets and physical asset preservation.
Develop and/or refine monthly, quarterly, and annual
executive/investor level financial performance and watchlist
reporting inclusive of reforecast considerations.
In coordination with applicable internal and external resources,
develop and execute strategies to maximize Property Tax appeal,
assessment, and savings opportunities.
Strategically assess/manage property cash flow and cash reserves to
maximize coverage of owner/investor distributions, larger periodic
expense needs, and major repair and maintenance capital
In support of the Strategic Asset Management, Investment, and
Development teams, contribute to the analysis of new
development/investment/acquisition opportunities including but not
limited to market research, revenue forecasting, financial analysis
and and/or development of operating budget proformas.
Working with senior leadership and the Director of Risk Management,
ensure Conifer's overall Insurance and Risk program and operations
maximize the company's risk mitigation and minimize the overall
cost of risk.
Periodically conduct site visits to ensure portfolio/property
assets are managed and maintained in alignment with Conifer's
strategic plans and investment expectations.
Build and maintain strong Intradepartmental and Interdepartmental
relationships that support a collaborative and collegial working
environment aligned with Conifer's values and cultural
Visit Conifer's website link: https://coniferllc.com/
Conifer is a professional, service-oriented organization offering a
competitive compensation package commensurate with experience,
along with excellent benefits that include ongoing training;
promotion from within; 13 paid holidays, paid time off (PTO); 401K
with company match; medical, HSA, dependent care Flex account,
dental, vision; company-paid life, short and long-term disability
insurances; a wellness program.
APPLY TODAY via our website link to complete our application and
attach your resume: https://www.careersatconifer.com. You will hear
directly from the hiring manager on next steps in the process.
Thank you for your interest in joining the Conifer Team!
Conifer Realty LLC is an Equal Opportunity Employer and does not
discriminate on the basis of any legally protected status or
characteristic. Minority/Female/Sexual Orientation/Gender
--- MBA preferred. Minimum Bachelor's degree required.
CANDIDATES EXPERIENCE WILL INCLUDE:
Minimum 8 -10+ years' progressive experience in the real estate
Portfolio Management industry with demonstrated success in leading
and achieving institutional portfolio/property level Portfolio
Recent 3-5+ years managing an Institutional Portfolio Management
department with a real estate portfolio that includes Affordable
Multifamily assets desired.
Demonstrated ability to meet and/or exceed portfolio financial and
Significant financial analysis experience in portfolio/property
Strong knowledge of Multifamily Affordable Housing programs
(HUD/Sec 8/RAD, LIHTC, RD, HOME, PH, etc.) required.
Expert property management skills.
Strong property management financial and accounting skills.
Advanced Excel skills required; proficient WORD, Outlook.
Yardi Voyager, Dealpath housing/developer software skills
preferred, or other housing industry programs needed.
Keywords: Conifer Realty, Scranton , VICE PRESIDENT PORTFOLIO MANAGEMENT - Rochester, NY, Executive , Walton, Pennsylvania
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