Analyst, Asset Management Operations

What will you do?

• Responsible for the collection and review of an assigned portfolio of 10% LIHTC tenant file reviews for existing partnerships during the compliance period and assigning appropriate Compliance risk ratings. May assist in the 100% initial tenant file reviews, if necessary.
• Follow up on non-compliance issues highlighted by the third-party firm and our clients/partners.
• Analyzes, summarizes and reviews data; accurately report findings, interprets results and/or makes recommendations on findings.
• Maintain current knowledge on modifications to the various funding programs utilized for Affordable Housing properties.
• Communicate non-compliance issues to the attention of the Director of Asset Management Operations for corrective actions.
• Responsible for maintaining property files for Compliance on the Community Investments shared server, in addition to entering data into the Asset Management database.
• Assumes special projects as assigned.
• Proactively identify operational risks/ control deficiencies in the business
• Review and comply with Firm Policies applicable to your business activities.
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.

What do you need to succeed?

Must-have

• Associate's Degree in Business, plus a minimum of two years' experience in rent-restricted multifamily asset or property management
  • OR -
• Five to seven years' experience in rent-restricted multi-family asset or property management
• Proficiency in MS-Outlook and MS-Office applications
• Strong organizational skills with the ability to coordinate complex activities, prioritize conflicting demands and meet deadlines
• Keen analytical skills and attention to detail
• Strong interpersonal skills, highly motivated and able to work independently
• Excellent verbal and written communication skills

Nice-to-have

• Working knowledge of the LIHTC program and the IRS 8823 Guide
• Tax Credit Certification from a recognized and reputable agency

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $60,000 - $75,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.