Job Information
Raymond James Financial, Inc. Manager, Transition Asset Management (St. Petersburg) in Saint Petersburg, Florida
Essential Duties & Responsibilities:
Manage, plan, assign, monitor, and lead the work of 3-8 Transition Asset Managers.
Performs supervisory activities including performance reviews, identifying performance problems and seeking guidance for remedial action and participating in interviewing and selecting staff.
Reviews real estate documentation for consistency with RJTCF’s requirements and property specific investment criteria.
Updates and/or reviews financial projections to reflect actual property performance.
Reviews property financial statements, tax returns, cost certifications and low income housing tax credit (LIHTC) specific documentation.
Reviews legal documents/memorandums and performs other “due diligence” procedures in connection with the property
Final Underwriting review approval authority to review, approve, and process requests for capital contributions to the property specific partnerships
Performs duties that require advanced knowledge and skills related to real estate and LIHTC documentation and LIHTC industry and legal requirements
May coordinate the investor closing process for property specific partnerships. This includes coordinating RJTCF internal and legal staff to provide responses to investor’s comments.
Trains, coaches, and mentors other transition asset managers.
Performs other advanced duties and responsibilities as assigned.
Advanced knowledge of:
Company’s working structure, policies, mission, and strategies.
Fundamental concepts, principles and practices of LIHTC.
Fundamental concepts, principles and practices of the real estate industry.
Principles of banking and finance industry operations.
RJTCF’s lower and upper tier Partnership Agreement requirements.
Skill in:
Reading and understanding standard real estate and LIHTC specific documentation
Real estate financial projections
Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, and spreadsheets.
Ability to:
Communicate effectively both oral and written.
With limited to no guidance, organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment to meet required results.
Provide accurate and high quality work product in a timely manner.
Proactively demonstrate readiness and ability to initiate action.
With limited to no guidance, work independently as well as collaboratively within a positive team environment.
With limited to no guidance, identify required tasks, develop timelines and execute.
Project a positive, professional image both internal and with external business contacts.
Convey information clearly and effectively through both formal and informal documents.
Identify relationships, draw logical conclusions and interpret results for use in decision making.
Review and approve technical real estate and LIHTC documentation
Proactively mentor others, sometimes throughout the department.
Educational/Previous Experience Recommendations:
- Bachelor’s Degree (B.A.) in business, finance, accounting or related field and a minimum of four (4) years of relevant real estate experience.
or
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
- HCCP designation