Regions Bank Regions Affordable Housing Asset Manager in Great Neck, New York

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, the RAH (Regions Affordable Housing) Affordable Housing Asset Manager is responsible for monitoring and measuring the financial performance of investment assets to optimize value for investor and developer partners.

Responsibilities:

  • Prepare corporate investor reports based on timeframe and industry best standards.

  • Identify properties with operational issues, investigate causes and facilitate problem resolution.

  • Review quarterly financial statements, perform income and expense analysis, balance sheet analysis and budget to actual comparisons.

  • Assign risk ratings, prepare Watch List reports and ensure implementation of actions to correct problems.

  • Meet with and respond to investor issues and inquiries daily.

  • Coordinate risk activities regarding the construction and leasing of developments

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.

Requirements:

  • 8 years of commercial banking experience

  • College degree

Preferred:

  • BA/BS degree in real estate, accounting, business, finance, engineering/architecture or urban planning

  • Advanced degree in similar or related field is a plus; agency internships or work experience a major plus

  • Knowledge of affordable housing/tax credit program a major plus

  • Strong written and verbal communication skills

  • Ability to work independently and travel as necessary to sites

  • Understanding of national real estate markets

Position can be located in Great Neck, NY or Atlanta, GA.

Location:

Great Neck, New York

EEO/AA/Minorities/Females/Disabled/Veterans

About Regions

At Regions, our culture focuses on five core values that are a commitment to how we will do business:

  • Put people first

  • Do what is right

  • Focus on your customer

  • Reach higher

  • Enjoy life

Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.

EEO/AA/Minorities/Females/Disabled/Veterans