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DEPUTY CHIEF ASSET PRESERVATION

Job Description

POSITION SUMMARY 

This position ensures that CHAs housing portfolio of Public Housing, RAD, and Mixed  Income remain in good physical, financial, and regulatory condition. The position is  responsible for creating, implementing, and monitoring Asset Management policies and  processes, and establishing strong compliance practices through layered quality control  and compliance mechanisms. Additionally, this role will lead repositioning efforts for  CHAs portfolio. This position provides strategic leadership and support to a team of  Directors as well as other professional and support staff. 

Through the departments they oversee, the Deputy Chief establishes checks and balances  for the activities of the Property Operations and Construction Divisions. They function as  the liaison between other Agency divisions, ensuring seamless provision of resources to  the division. They also represent the interests, needs, and outcomes of the division  through direct interface with Owner entities, equity investors, lenders, regulatory bodies,  CHA executive team members, community stakeholders, and others as needed. 

DUTIES AND RESPONSIBILITIES 

  • Direct oversight and leadership of the Asset Management and Compliance  departments within the Asset Management division 
  • Maintain strong working knowledge of public and affordable housing programs,  (including public housing, PBV, RAD, and LIHTC) and well as current industry  standards and trends 
  • Employ strong quality assurance and quality control measures through evaluation  and implementation of systems, procedures and reports that ensure compliance  with internal and external obligations 
  • Ensure that all software and operating systems produce the strongest quality of  data, and that all reports from these systems are accurate, concise, and consistent Establish auditing protocols to provide status and recommendations to practices,  policies, and procedures of the Property Operations and Construction departments Identify and implement recommendations for new or revised Asset Management policies, process improvements, new initiatives, or other program efficiencies Oversees the planning and implementation of all major departmental functions  including workflow, policy/process/system improvement and appropriate use of  technology 
  • Serve as a liaison with HUD, other investors (such as City of Chicago, IHDA and LIHTC stakeholders, etc.), to ensure that the Owner entities operate in accordance with established obligations, regulations, and federal, state, and local laws 
  • Implement preservation strategies and ensure long-term compliance with HUD regulations once conversion is completed
  • Develop and implement strategic recommendations for asset repositioning, including RAD conversion pathways (e.g., PBV, PBRA, blended approaches) Lead alignment on capital planning, deal structuring, and sequencing of preservations activities 

QUALIFICATIONS 

Bachelor's degree in Business, Accounting/Finance, or related Real Estate studies with a minimum of 8  years of applicable experience or, applicable trainings and certifications along with a minimum of 10  years of experience in lieu of a degree. Strong professional written, verbal communication and  analytical skills. Ability to conduct research and prepare narrative reports and proposals. Ability to  comprehend complex contracts and regulatory agreements. Software proficiency in Microsoft Suite and  Property/Asset Management software. A valid driver's license, unrestricted insurability, and ability to  travel within Chicagoland boundaries up to 75% of the time. Current working knowledge of HUD and  CHA regulatory requirements related to Public Housing, PVB, MOD Rehab, RAD, and LIHTC programs as  evidenced by stated course completion and/or certification requirements (subject to portfolio  assignments, and can change with or without notice) 

BENEFITS AT-A-GLANCE 

  • Vacation, Sick and Personal, competitive PTO package 
  • Medical (HMO, PPO, and No employee cost High-Deductible PPO) Dental, Vision, and Life  Insurance 
  • Short-Term and Long-Term Disability Insurance 
  • Long-Term Care Insurance 
  • Pet Insurance 
  • Parking Transit 
  • Prepaid Legal Services 
  • Brightstar 529 College Savings Plan 
  • Identity Theft Protection 
  • Hospital Indemnity Insurance 
  • Voluntary Critical Illness Insurance 
  • Deferred Compensation Plan: Empower 457/401(a) with a 3% employer match Pension Plan: CHA makes contributions on behalf of the employee, along with the employee's  3% contribution; 100% vesting occurs after 6 years of continuous employment or opt-out of  CHA's Retirement Plan and continues to participate in the Municipal Employees Annuity and  Benefit Fund of Chicago 
  • Hybrid work schedule (position specific) This position may be eligible for remote work following  a successful completion of a 90-day probationary period according to CHAs established  policies and procedures. 

Salary Range: $160,000 - $165,000 

FLSA: Exempt


Salary/Compensation: $160,000 - $165,000 per year


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