Asset Analyst (East Region)

<div class="show-more-less-html__markup show-more-less-html__markup--clamp-after-5 relative overflow-hidden"> National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing tax credits (LIHTC), is seeking an Asset Analyst to conduct a wide range of new business initiatives. The LIHTC program is the most important resource available today for creating affordable housing in the United States. NEF uses its extensive experience, talent, and resources to create sustainable, affordable housing.The Asset Analyst, East Region will be a member of a Transaction and Asset Operations Team (“Team”) providing analytical and technical support to the Regional Managing Director and Asset Managers. This individual will collect, input, track, and review documents, establish and maintain project files and databases, complete LIHI compliance reviews; and undertake research projects as assigned.Seeking candidates in the Eastern region.Essential DutiesAssist the Asset Managers in monitoring assigned investments from closing through stabilization, operations, and disposition, with responsibilities calibrated to portfolio needs. Support Asset Managers in the collection, input, review, and analysis of quarterly and annual financial statements, budgets, rent rolls, operating reports, construction and lease-up reports, and other required deliverables. Compare actual results with projections, prior periods, and approved budgets; investigate material variances and elevate concerns. Assist the Managers in continually assessing project and partnership risk factors. Monitor for compliance with Section 42 (LIHTC) provisions partnership agreement conditions. Collect, input, and analyze compliance reports and certifications. Conduct reviews of sponsor and property managers’ organizational capabilities and management systems to adequately meet Section 42 and other regulatory obligations. Perform tenant file reviews and follow up on deficiencies or 8823 filings. Monitor c