Senior Asset Manager – LIHTC

Bank of America

. Oversee and manage a Direct Low Income Housing Tax Credit Portfolio of approximately 60–70 assets .

Posted 9/15/2026full-timeAtlanta • Massachusetts • United StatesSenior💰 $137,000 - $162,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates extensive expertise in Asset Management within the Low Income Housing Tax Credit (LIHTC) industry, including risk assessment, compliance resolution, and financial analysis. Proficient in negotiating capital transactions and maintaining strong relationships with General Partners and clients.

Highest-signal resume keywords

Asset Management ExperienceLIHTC Industry KnowledgeNegotiation SkillsCompliance Issue ResolutionFinancial Analysis

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Risk AssessmentFinancial AnalysisProforma PreparationCapital Account UnderstandingTax Return ReviewAudit AnalysisK-1 ReviewNegotiation of Partnership AmendmentsWatched Asset ReportingCompliance Monitoring

Soft Skills

Strong Communication SkillsInterpersonal SkillsTeam Player

Tools & Technologies

CARMAEDR

Certifications & Qualifications

LIHTC Compliance Course

Industry Keywords

Low Income Housing Tax CreditAsset Portfolio ManagementCapital TransactionsCompliance IssuesState CreditsWorkoutsEnd of Life Negotiation

About the role

Key responsibilities & impact

Oversee and manage a Direct Low Income Housing Tax Credit Portfolio of approximately 60–70 assets
Identify, classify, quantify, and mitigate risk
Monitor assets through Development, Conversion, and Stabilization phases
Conduct site visits according to risk classification
Prepare semi-annual Watched Asset Reports and present them during Watched Asset Meetings
Analyze and negotiate capital transactions, including refinancing and Year 15 or Early Exits
Analyze, negotiate, and work with Counsel on Partnership Amendments
Analyze and negotiate waivers as needed
Work with General Partners and consultants on compliance issues
Review and analyze K-1s, tax returns, and audits according to policy and procedures
Prepare tax return and audit checklists for each investment
Prepare stay/leave analysis as necessary
Work with WCAAs to maintain accurate data in CARMA and EDR
Maintain strong relationships with GP clients and deliver first-class service
Work cross-divisionally with internal partners

Requirements

What you’ll need

Minimum 7 years Asset Management experience with at least 5 years in LIHTC Industry
Strong understanding of real estate spread sheets, Audits and Tax Returns
Ability to prepare meaningful proformas
Strong understanding of Capital Accounts
Strong negotiation skills
Strong communication and inter-personal skills
Strong understanding of LIHTC benefit schedules
Ability to identify and find resolution to Compliance issues
Completed at least 1 LIHTC compliance course
Ability to work as a Team player
BA / BS desired
Experience in negotiating end of life of Assets desired
Experience in workouts desired
Experience with HTC and State Credits desired

Benefits

Comp & perks

Discretionary incentive eligible; eligible to participate in the annual discretionary plan
Industry-leading benefits
Paid time off
Resources and support for employees
Opportunities to learn, grow, and make an impact
Affordable, competitive and flexible benefits supporting physical, emotional, and financial wellness