Market and Portfolio Analyst
Division : Mercy Housing
Location : Chicago IL US 60603
Job Type : Full Time
Career Level : Experienced (Non-Manager)
Compensation : 47,000 Per Year
Education : Bachelor's Degree
Category : Other
Job Description :
Position will start as a non-benefits consulting position and transition
to a full-time staff position with benefits after 6 months.
The Market and Portfolio Analyst position job responsibilities include:
1 Local Market Knowledge and Market Analysis: Produce comprehensive
market analysis reports for use in risk assessment and decision making
regarding investment in communities/regions, refinancing opportunities
within the existing portfolio and acquisition of new properties
2 Research and Reporting: Conduct research and reporting regarding
housing needs, public allocations, and market needs in specific
communities/neighborhoods for use in strategic decision-making,
including entry into new markets and property acquisitions.
3 Evaluation: Analyze the organization’s internal data related property
SMART reports, MHL dashboard and other Social Return on Investment
reports to help inform the organization of its impact
4 Public Meetings: Serve as the lead staff person for the JP Morgan
Chase Austin Initiative. Participate in public meetings in communities
representing the organization and ownership, maintaining positive
community relations, deliver presentations, organize committee meetings,
develop agendas, minutes
5 Preparing Asset Business Plans: Each year, prepare annual business
plan for strategies, financial goals, and physical condition, as well as
a five year plan for the property. The plan includes the budget,
capital expenditure expectations, strategic recommendation(s),
disposition strategies, and a plan for cash flow.
6 Portfolio Financial Results: Monitor closely the debt repayments,
Owner distributions, asset management fee collections, and the quarterly
sources and uses of cash. Know the property’s operation and its
position in the market.
7 Internal Reporting: Maintain and keep current all required internal
periodic reports, including occupancy and rent collection, and keep the
asset management system up to date on each asset.
8 Mitigate Property Taxes: Handle any necessary appeals or applications
for waiver of taxes.
9 Perform Periodic Site Inspections: During the calendar year, go
on-site and drive the sub market and prepare detailed write up on findings.
10 Investor/Lender reporting: Prepare and submit interim and annual
performance reports and information as required by investor’s/lender’s
document format. Coordinate with Accounting on information release.
11 Compliance: Ensure that all residents meet the eligibility
requirements as provided by the governing regulatory documents.
12 Physical Condition: Meet investor/lender requirements and other
specific goals identified in the Ownership Management Plan.
13 Risk Management: Prompt resolution of life/safety issues, compliance
with Fair Housing, OSHA, IRS, and other regulatory requirements; monitor
for any liability issues that could harm the Owner and promptly report
threatened or pending legal action. Promptly notify Owner of any
notices received from lenders, regulators, or other stakeholders
indicating default, lack of compliance, etc.
14 Regulatory Agencies: Build and maintain relationships with local and
regional offices of various regulatory agencies that have a stake in the
asset’s performance.
Job Requirements :
Education:
Bachelor’s Degree in Public Policy, Urban Planning, Finance or Real
Estate. Masters Degree in the areas above strongly preferred.
Experience:
3 years experience in data analysis and research, preferably research
focused on real estate and affordable housing market issues,
communities, demographics, market analysis and organizational outcomes
and evaluation
Abilities:
Advanced level use of research tools for social sciences and/or housing
market analysis;
Online systems such as PolicyMap, Census data, asset mapping;
spreadsheet modeling, local government structures and other
demographic/marketing analysis tools.
Advanced level of competency in Excel, spreadsheet design and analysis,
Powerpoint.
Superior writing/verbal communication skills.
Self-initiative: ability to problem solve and prioritize work.
Property : Chicago Regional Office
https://mercyhousing.tms.hrdepartment.com/jobs/2526/Market-and-Portfolio-Analyst-in-Chicago-IL
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In the heart of Chicago, we offer degrees in fields of study that can change your life and change the world. CUPPA students and alumni are uniquely skilled to build and transform sustainable urban neighborhoods and communities and to address the challenges presented in the 21st century. Find our more about our Bachelors, Masters, and Doctorate degrees at cuppa.uic.edu.
Follow our job postings below and our national job tweets at @CUPPACareers. For student internships and student opportunities, head to the CUPPA Student Opportunities Blog
Have a job or internship to post? Send an email with the title, location, job description, and contact information to cuppa@uic.edu