Development Analyst - Phoenix Regional Office
Location: Scottsdale, AZ
Employment Type: Full-time
Requisition ID: DEVEL010806
About the Employer
Dominium is a purpose-driven leader in affordable housing operating in approximately 20 states with a team of over 1,300 dedicated employees. For more than 50 years, Dominium has delivered excellence in the development and management of affordable housing communities across the United States. The company's values—EDGE: Entrepreneurial Innovation, Developing People, Growth Mindset and Execution—guide its mission to provide quality, affordable housing that builds Enduring Value for residents, employees, communities and financial partners.
Role Summary
The Development Analyst manages the full life cycle of assets beyond post completion/conversion benchmarks and supports the development team in financial analysis, market research, tax credit applications, and construction oversight. This role is based at the Phoenix Regional Office and requires travel up to 10%.
What You'll Do
- Manage the full life cycle of assets beyond post completion/conversion benchmarks, including securement of 8609s, finalizing tax credit delivery schedules, and ensuring receipt of all equity
- Conduct detailed financial feasibility studies for new development and acquisition opportunities, including pro forma modeling and sensitivity analysis
- Research local real estate trends, pricing, and demand to identify potential investment opportunities and support market reports
- Create and maintain financial models to evaluate project profitability, including income projections and ROI analysis
- Develop and maintain accurate cash flow projections for new developments, factoring in rental income, operating expenses, and financing costs
- Support evaluation of potential acquisitions by performing due diligence, property financial reviews, and market comparisons
- Support preparation of tax credit applications (e.g., LIHTC or Historic Preservation) by organizing documentation and ensuring accuracy
- Coordinate and complete due diligence items required by lenders and investors, ensuring all necessary documentation and compliance requirements are met
- Assist in construction management and design process, working closely with architects, contractors, and project managers to ensure project timelines and budgets are adhered to
- Participate in site visits to monitor project progress, document issues, and collaborate with construction teams to maintain quality control
- Handle additional projects as assigned
Required Qualifications
- Bachelor's degree in Real Estate, Finance or related field
- MS Office experience including advanced knowledge in Excel
- Ability to manage multiple projects with strong organizational skills
- Strong mathematics and analytical reasoning skills
- Ability to work independently with minimal supervision
Preferred Qualifications
- Previous participation in real estate clubs/groups and real estate or finance experience
Compensation
Competitive salary with incentive bonus program
Benefits
Basic Life and AD&D; Employee, Spouse and Child Supplemental Life and AD&D; Short and Long-Term Disability insurance; Medical, Dental and Vision coverage with optional Health Savings Accounts; Medical and Dependent Care Flexible Spending Accounts; Voluntary Benefits (Accident, Critical Illness, Whole Life); Employee Assistance Program; 401(k) plan; Health and Financial Wellness Programs; Paid Time Off including Paid Holidays and Floating Holidays; Paid Parental Leave; Education Reimbursement; Employee Recognition; Dominium Employee Emergency Fund; training and development programs; career growth opportunities; community volunteer and outreach programs
Physical Requirements & Working Conditions
Travel required up to 10%
Equal Opportunity Statement
Dominium is committed to providing equal employment opportunities to qualified applicants and employees and prohibits employment discrimination based on race, color, creed, religion, national origin, citizenship, sex (including sexual orientation and gender identity), pregnancy, marital status, familial status, status with regard to public assistance, disability, membership or activity in local commission, veteran status, military status, age, genetic information, union membership, use of lawful consumable products, or any other category protected by applicable state or federal law.
