What are the responsibilities and job description for the Asset Manager position at Seattle Chinatown International District...?
Reports To: Co-Executive Director(s)
FLSA Status: Exempt
SCIDpda Mission:
Seattle Chinatown International District Preservation and Development Authority (SCIDpda), a 48-year-
old community development organization, serves one of the city’s most diverse neighborhoods. Its
mission is to preserve, promote, and develop the Chinatown International District (CID) as a vibrant
community and unique ethnic neighborhood. SCIDpda has been recognized locally and nationally for its
innovation in three program areas: property operations, real estate development, and community
economic development and engagement. SCIDpda currently has 50 culturally competent staff, many
whom speak a language other than English, which enables them to interact with our community. Our staff
have a deep love for the Chinatown International District, and understand the importance of our
organization in serving the district.
General Scope of Work: The Asset Manager reports to SCIDpda’s Co-Executive Directors and
contributes to the mission of SCIDpda by overseeing a diverse portfolio of real estate assets and work
with third party management partners to maximize each asset’s potential in areas of revenue, net
operating income, capital investments and asset preservation.
Essential Duties:
1. Strategy
- Develop long range plans for new and recapitalized assets to meet owner’s and investor’s
- Develop, implement and oversee strategic business plans for assets in the portfolio including
analysis, refinancing
- Partner with Director of Property Operations/Property Operations Department to set
- Annual reporting or quarterly periodic reporting for lenders/investors
- Evaluate property performance relative to forecasts and investment targets.
- Lead and maintain relationships with SCIDpda’s public funders and investors, private lenders,
- Work across multiple departments, from Property Operations, Finance/Administration,
- Maintain and manage relationships with third party property management companies.
- Manage the transition of newly built and acquired assets and ensure a smooth and successful
transition to property operations.
2. Capital Projects/Improvements
- Maintain up-to-date CNAs for every SCIDpda property
- Plan and lead capital projects process in partnership with property operations and finance
departments
- Plan and execute special projects that are a value add to the portfolio
- Work w/ DPO to regularly visit properties to evaluate performance, assess building conditions
and resolve issues.
Qualifications: To perform this job successfully, an individual must be able to perform each essential
duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability
required. Reasonable accommodations may be made to enable individuals with disabilities to perform
the essential functions.
- The qualified candidate will have background and experience in business, planning, and/or
leadership skills
- Bachelors or Masters degree in Business Administration, Planning, Organizational Management,
- Have excellent oral and written communication skills
- Proficient with budgets, basic accounting, and/or property management
- Able to collect and synthesize data, prepare reports, engage in critical thinking, and make
- Experience with program reports, government funds, grants, compliance, and financial reports
- Ability to collaborate and work with diverse populations
- Exceptional attention to details to ensure accuracy, completeness, and consistency.
- Demonstrate a “growth mindset”—the ability to take initiative and think critically by identifying,
- Ability to plan, prioritize, and organize work to meet schedules and timelines.
- Ability to compose, proofread, and edit general correspondence, and routine reports.
- Ability to maintain a high level of discretion and confidentiality.
- Intermediate to advanced level of proficiency in MS office Suite i.e., Excel, Word, Teams, and
- Bachelor’s Degree preferably in Real Estate, Business Administration, Finance or related field or
- Minimum three (3) years’ experience in Asset Management or similar function in affordable multi-
- Nonprofit experience is desired.
- Advanced degree in Real Estate is a plus.
This position description generally describes the principle functions of the position, the level of knowledge
and skills typically required and the general scope of responsibility. It is not intended as a complete list of
specific duties and responsibilities and should not be considered an all-inclusive listing of work
requirements. Individuals may perform other duties as assigned including work in other functional areas
to cover absences or relieve other employees, to equalize peak work periods or otherwise to balance the
workload as needed.
Salary Range: $80,000-$100,000 annually plus an annual bonus of up to 10% of salary based on the
organization meeting performance goals.
Benefits include medical, dental, and vision coverage, life and disability insurance, and employer
contribution toward a 401a retirement plan. Cell phone stipend. Generous PTO package.
This posi�on descrip�on generally describes the principal func�ons of the posi�on, the level of
knowledge and skills typically required, and the general scope of responsibility. It is not intended as a
complete list of specific du�es and responsibili�es and should not be considered an all-inclusive lis�ng of
work requirements. Individuals may perform other du�es as assigned.
Salary : $80,000 - $100,000