Asset Manager - Programs

NOTICE OF VACANCY

THE EXECUTIVE DIRECTOR OF THE NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY INVITES APPLICATIONS FROM QUALIFIED CANDIDATES FOR THE FOLLOWING:

Job Title: Asset Manager - Programs
Salary Range: NON14 ($88,762.25 - $124,898.78)
Division: Asset Management
FL Status: Exempt
Issue Date: 5/1/26
Closing Date: 6/1/26
Union Status: Non-Union, Exempt
Employment Status: Full time

JOB DESCRIPTION

Under direction, manages the administration of one or more of the Asset Management Units, including Contract Administration/Section 8, Programs, and Property Management. Provide general supervision of subordinate staff, plan, organize, and manage the activities of their unit or units. Assign, review, and establish performance goals for and evaluate the work of subordinate staff; perform other related tasks. NOTE: The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed

Programs Unit

1. Manage assigned Asset Management Unit(s) in compliance with NJHMFA established guidelines, agreements, and any relevant state, HUD, and other federal regulations. Perform necessary tasks to achieve Division objectives.

2. Instruct subordinates in the performance of their work to ensure compliance with NJHMFA policies and procedures and provide feedback; conduct staff training as required. Review and approve work for completeness, accuracy, and compliance.

3. Assist with developing Key Performance Indicators (KPIs) to measure staff productivity, gauge training needs, and provide feedback. Incorporate KPIs into department and staff goal setting and performance reviews.

4. Manage the operations of assigned programs/projects; ensure that all activities performed comply with Agency, state, or federal guidelines.

5. Prepare portfolio files for compliance audits. Respond to audit questions/findings.

6. Prepare monthly, quarterly, and annual reports as needed

7. Represent the Division at meetings within the Agency and with external business partners and report the progress of major concerns.

8. Communicate with external business partners, owners/agents, and residents to identify needs and effectuate resolutions. Attend/facilitate meetings and/or training workshops as needed.

9. Assist with the creation, development, and implementation of new programs; research issues, monitor responses, prepare correspondence, participate in outreach, and make recommendations.

10. Review and analyze (as needed) existing programs to determine what revisions, if any, are needed to ensure program efficiency, effectiveness, and marketability.

11. Perform other assigned tasks as needed.

MINIMUM REQUIREMENTS

Education / Experience:

Four (4) year college degree; five (5) years relevant experience; five (5) years supervisory experience; or any equivalent combination of education and experience that meets the required knowledge, skills and abilities

Skills:

• Strong leadership, management, and business development skills, combined with practical knowledge of policies and procedures for the organization and servicing of FHA multi-family mortgage insurance programs
• Extensive knowledge of real estate property management procedures.
• Knowledge of Section 8 Project-Based program requirements. General knowledge of HUD regulations.
• Proficiency in a Microsoft Office environment.
• Ability to lead and manage large-team endeavors.
• Ability to effectively plan, develop, and implement comprehensive administrative programs.
• Ability to communicate orally, in writing, and to listen actively.
• Ability to analyze complex issues/problems and recommend solutions.
• Ability to supervise the work performance of others.
• Ability to establish effective working relationships with HMFA employees and the general public.
• Ability to maintain a positive work atmosphere in an appropriate manner of behavior that ensures cooperation and effective communication with customers, peers, clients, and management.

Physical Demands: Non-physical

Working Conditions: General office environment. Some travel may be required.

BENEFITS

NJHMFA provides a comprehensive benefit package which includes:
- Medical, prescription, dental, vision & long term disability
- FSA & HSA
- Public Service Loan Forgiveness and Tuition Reimbursement
- Public Employees' Retirement System (PERS)
- Deferred compensation plans
- Employee assistance services (EAS)
- State employee discounts program
- Paid personal, sick and vacation days
- Paid holidays
- Partial Telework

Residency in the State of New Jersey is required of all employees with an agency of the State in accordance with the New Jersey First Act, N.J.S.A. 52:14-7 (L. 2011, Chapter 70). Employees must comply with the “New Jersey First Act” which requires employees hired after September 1, 2011 to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources.

The NJHMFA is an Equal Opportunity Employer in compliance with all Federal, State and Local Regulations. NJHMFA provides equal employment opportunity to both individuals with veteran status and individuals with disabilities.

Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.