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Portfolio Analyst - (REF8609N)

Company Description

Multifamily Property Management

Job Description

The Portfolio Analyst (PA) is the individual responsible for assisting the Portfolio Manager (PM) with managing a group of assets as assigned by FPI Management, Inc.  This individual is responsible for aiding the PM to enforce all FPI Management, Inc policies, procedures and internal operations, and to perform the PM duties under their direction and/or in their absence.

Pay: $26 - $31/ Hour

DUTIES AND RESPONSIBILITIES

  1. Assist Portfolio Manager in preparing annual operating budgets for submission to Clients and Properties
  2. Assist Portfolio Manager with monitoring project budgets and marketing to maintain an awareness of the current financial status of each asset
  3. Assist Portfolio Manager to complete the monthly/quarterly Property Manager Checklist and submit on-time
  4. Assist Portfolio Manager with reviewing and submitting accurate weekly reports to client
  5. Make rent and concession recommendations to Portfolio Manager based on market conditions and availability
  6. Assist Portfolio Manager to verify that each property is adequately maintaining appropriate and required forms, leases, documents, resident certifications, invoices, and all other necessary forms, posters, and signs required by the Client, the Lender, and FPI Management, Inc.
  7. Assist Portfolio Manager to ensure that all units are maintained to FPI standards, including turn-over’s, exterior curb appeal, decorating recommendations, and cleanliness
  8. Review and communicate vacancies, availability dates, and turn-over rates with Portfolio Manager
  9. Review and communicate vacancies, availability dates, and turn-over rates with Portfolio Manager
  10. Assist Portfolio Manager with review and completion of monthly operating statements, budget and variance reports, check registers as necessary, delinquency reports, and other financial reports as provided by FPI Management to ensure budgetary control
  11. Maintain a professional appearance at all times in the presence of Employees, Clients and Residents
  12. Assist Portfolio Manager to provide training and positive guidance to all employees to ensure maximum productivity
  13. Provide Portfolio Manager with monthly training status reports of on-site employees and ensuring training requirements are met for each employee
  14. Responsible for meeting all training requirements for the PM position
  15. Assist Portfolio Manager to personally respond to Resident, Client, and Vendor calls, emails, and text messages within 24 hours of receipt during the work week
  16. Assist Portfolio Manager with recruiting activities and the hiring of all on-site personnel
  17. Assist Portfolio Managers to ensure their Sites and Community Directors are in compliance with all FPI Safety Policies and Procedures
  18. Maintain positive, professional and effective communication with Clients and Supervisors to ensure FPI is meeting the Client objectives and expectations
    1. Affordable Housing Duties/Responsibilities
    2. Ensure compliance with all Equal Housing Opportunity/Affirmative Fair Housing laws
    3. Ensure proper LIHTC and/or Section 8 policies and procedures are followed
    4. Monitor LIHTC Application and Annual Recertification processes
    5. Regulatory Compliance – Ensures compliance with regulatory and funding requirements, contracts, and reporting
    6. Conduct file reviews, physical inspections, and interact with regulatory agencies
    7. Conduct semi-annual inspections as required
  19. Other
    1. Consistently and fairly enforce community rules and regulations, FPI Standard Operating Procedures  
    2. Comply with all Fair Housing Laws and FPI policies and procedures
    3. Promote a professional image by adhering to FPI Management's Dress Code Policy. 
    4. Conduct displayed must be of a professional manner when communicating with employees, residents, prospective residents, clients, vendors, and guests while representing FPI Management.
    5. Perform any and all functions as directed by the supervisor, including special project assistance

Responsible for meeting all training requirements for the position (Grace Hill, Safety Meetings, etc.).

Qualifications

Minimum Requirements:

  • High School diploma or equivalency certificate
  • Valid Driver's License, a good driving record, current motor vehicle insurance which meets State requirements, and an operable vehicle that meets FPI’s
  • Driving Standards and Personal Vehicle Use policy.
  • Preferred 2-4 years’ experience supervising employees
  • Must be proficient in speaking, reading, and writing in English

Skills Required:

 

  • Basic Computer Skills
  • Customer Service
  • Google Drive
  • Google Mail (GMail)
  • Internet Use

Additional Information

ESSENTIAL ATTRIBUTES

  • Embracing and exemplifying our HEART core values and incorporating them into every task performed and every interaction with clients, supervisors, team members, colleagues, residents, vendors, etc.
  • Positive influencing, interpersonal, and communication skills are essential.

Why look at FPI for your next career step? We are one of the largest third-party 100% fee-managed Property Management companies in the nation, an industry leader in both the Conventional and Affordable Housing spaces, managing over 850 communities (~150,000 units) across the country, and employing ~3,500 team members. We offer comprehensive compensation and benefits packages (employee-only employer-paid plan available), ongoing training, and plenty of opportunities to grow your career. Come join Team FPI!

EEO/EVerify Statements

FPI Management is an Equal Opportunity Employer. All qualified applicants are encouraged to apply. FPI Management participates in the E-Verify program.

Average salary estimate

$59300 / YEARLY (est.)
min
max
$54000K
$64600K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Portfolio Analyst - (REF8609N), FPI Management, Inc.

Join FPI Management, Inc. as a Portfolio Analyst and play a vital role in our Multifamily Property Management team! In this position, you'll be the right hand to the Portfolio Manager, assisting in managing a diverse portfolio of assets. Your day-to-day will involve preparing annual operating budgets and keeping a keen eye on project budgets to ensure everything runs smoothly. We are looking for someone who can not only manage the financial health of our properties but also ensure compliance with essential processes like LIHTC and Section 8 policies. You’ll be at the forefront of communication, actively engaging with residents, clients, and vendors as you respond to calls and emails within 24 hours, showcasing your commitment to outstanding customer service. Your proactive nature will shine when you help maintain the properties to FPI standards, ensuring they look their best at all times. As you assist with training on-site employees and reporting financial statuses, you’ll have opportunities to grow your skills in the property management industry. FPI is a widely recognized leader in property management, so joining us means being part of a successful team dedicated to excellence. If you’re eager to start a fulfilling career where you can make a real difference in the lives of residents while enhancing your professional skills, then the Portfolio Analyst role at FPI is the perfect fit for you!

Frequently Asked Questions (FAQs) for Portfolio Analyst - (REF8609N) Role at FPI Management, Inc.
What are the key responsibilities of the Portfolio Analyst at FPI Management?

As a Portfolio Analyst at FPI Management, you will assist the Portfolio Manager in preparing annual operating budgets, monitoring project budgets, and preparing accurate reports for clients. Your responsibilities will also include making rent and concession recommendations, verifying document compliance, and ensuring properties are maintained to standard.

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What qualifications are needed for the Portfolio Analyst position at FPI Management?

FPI Management requires a minimum of a high school diploma or equivalency and a valid driver’s license, along with proficiency in basic computer skills and customer service. Preferred experience includes 2-4 years supervising employees, highlighting your leadership skills and commitment to excellence.

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How does the Portfolio Analyst support the Portfolio Manager at FPI Management?

The Portfolio Analyst supports the Portfolio Manager at FPI Management by assisting with daily operations, ensuring timely communication with clients and residents, and maintaining financial records. You will also help monitor compliance and play a significant role in training on-site employees.

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What will my work environment be like as a Portfolio Analyst at FPI Management?

Working as a Portfolio Analyst at FPI Management means being part of a dynamic team dedicated to excellence in property management. You will often interact with team members, clients, and residents, providing a lively and engaging work atmosphere.

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What opportunities for growth exist for Portfolio Analysts at FPI Management?

As a Portfolio Analyst at FPI Management, you will find numerous opportunities for professional development through ongoing training and advancement prospects within our extensive network. We are committed to helping you grow your career in property management.

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Common Interview Questions for Portfolio Analyst - (REF8609N)
Can you explain the role of a Portfolio Analyst?

The core responsibility of a Portfolio Analyst involves supporting the Portfolio Manager in managing property assets, preparing budgets, and ensuring compliance with various regulations. It's essential to demonstrate your understanding of financial monitoring and effective communication in your response.

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How do you prioritize and manage multiple tasks as a Portfolio Analyst?

Prioritization is crucial in a Portfolio Analyst's role. Discuss using tools or techniques such as to-do lists or digital project management systems to stay organized. Emphasize your ability to adapt and manage time effectively to meet deadlines.

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What skills do you consider essential for a Portfolio Analyst?

In the role of Portfolio Analyst, analytical skills, attention to detail, strong communication abilities, and proficiency in computer applications are essential. Be sure to illustrate how you embody these skills through real examples from your experience.

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How would you handle a disagreement with a Portfolio Manager?

Handling disagreements confidently and professionally is key. Discuss your approach of addressing the issue directly, seeking to understand the Portfolio Manager's perspective, and collaborating to find a constructive solution.

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What experiences have prepared you for the Portfolio Analyst position?

Reflect on your work history where you’ve demonstrated relevant experience, such as managing budgets, supporting team members, or ensuring compliance. Relate these experiences back to the specific duties you will perform at FPI Management.

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How do you stay organized in your work?

Discuss your methods for staying organized, such as using calendars, project management tools, and setting reminders. Highlight your ability to keep track of multiple properties and adhere to compliance requirements.

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Can you describe your experience with budget preparation?

It's important to articulate any past experiences with budgeting, discussing the processes you followed, the types of reports created, and how you ensured accuracy. This will help validate your qualifications for the Portfolio Analyst position.

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What are your strategies for ensuring property compliance with regulations?

Discuss your systematic approach to ensuring compliance, including performing regular audits, staying up-to-date with regulations, and engaging with team members to maintain a compliant work environment.

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How do you approach customer service as a Portfolio Analyst?

Customer service is vital. Share how you prioritize resident and client communication, respond to inquiries promptly, and ensure positive outcomes to exemplify your commitment to excellent service in your potential role.

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Why do you want to work for FPI Management as a Portfolio Analyst?

Express your interest in FPI Management's mission, values, and leadership in the industry. Emphasize how you align with these principles and how your career goals coincide with the growth opportunities FPI offers.

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FPI Management is a real estate firm that provides property management services, marketing services, lease-up, and on-going operation of newly constructed apartment communities. It was founded in 1968 and is based in Folsom, California.

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Full-time, on-site
DATE POSTED
March 21, 2025

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