Asset Management Assoc

RICHMAN ASSET MANAGEMENT, INC. is a subsidiary of one of the largest real estate investment firms in the country. The Richman Group (TRG) is the nation’s preeminent sponsor of affordable housing tax credit funds. TRG is one of the nation’s largest privately-owned real estate investment, development and asset management firms and is one of the top ten largest owners of multi-family units in the United States. The Richman Group has raised approximately $10 billion in equity and debt for investments in almost 1,400 apartment projects. TRG provides asset management services to 150+ public, private and institutional investment funds which own approximately 115,000 housing units.

Richman Asset Management Offers

• Tremendous exposure to the world of real estate and its many facets, from Development and Acquisitions to Asset Management and Investor Services.
• A fast-paced environment characterized by strong interaction with experienced peers, developers and investors.
• Potential for career advancement within a leading organization in the fast-growing field of real estate finance.
  
  
  

The Asset Management Associate will assist in maintaining a portfolio of property assets invested through the Section 42 (LIHTC) affordable housing tax credit program. The main office of The Richman Group is in Greenwich, CT and this position may have a hybrid or remote option depending on geographic location.

Responsibilities Include, But Are Not Limited To

• Review quarterly Financial Statements to analyze financial performance
• Review annual budgets, audited financial statements, and tax returns
• Perform annual property reviews and site inspections
• Facilitate periodic investor reporting
• Review and update investor benefit projections
• Monitor development construction and lease-up timelines of developments
• Basic accounting and tracking
• Establishment and maintenance of project files and databases
• Various special projects
• Support Asset Management staff
  
  
  

Application Requirements

• Bachelor’s degree from accredited university, with a concentration in Real Estate Finance or Business with courses in real estate (3.0+ GPA)
• Fluency in Microsoft Suite; proficient in Excel and Word
• Strong analytical skills and financial acumen
• Excellent organizational and communication skills
• Able to prioritize and multi-task in a fast-paced environment
• Must be detail oriented and self-motivated
• Ability to work independently
• Able to meet tight deadlines in time sensitive situations while maintaining a professional demeanor
• Flexible to work extra hours as needed
  
  
  

Other Qualifications

Up to 40% nationwide travel

We offer a competitive salary and great benefits, including: Medical, Dental, Vision, Company Sponsored Life & Disability, Supplemental Life, 401K, Paid Time Off and Bonus potential.

If you are looking for a rewarding career opportunity with one of the top Real Estate Investment firms in the country, we'd like to hear from you!