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Multifamily Risk Management Jobs in Federal Way, WA

Indigo Real Estate Services

Controller

Renton, WA · On-site

$100K - $125K/yr

This role requires deep expertise in multifamily property management accounting, advanced command ... Strengthen internal controls, documentation standards, and risk mitigation practices across ...

Onni Group

Site Superintendent

Seattle, WA · On-site

$150K - $180K/yr

Proactively manage scope changes and identify potential schedule or cost impacts. * Ensure all ... Participate in safety inspections, hazard assessments, and risk mitigation planning. * Assist in ...

Onni Group

Site Superintendent

Seattle, WA · On-site

$150K - $180K/yr

Proactively manage scope changes and identify potential schedule or cost impacts. * Ensure all ... Participate in safety inspections, hazard assessments, and risk mitigation planning. * Assist in ...

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All JobsMultifamily Risk Management JobsMultifamily Risk Management Jobs in Federal Way, WA

Multifamily Risk Management information

See Federal Way, WA salary details

$57.5K

$124.6K

$189.8K

How much do multifamily risk management jobs pay per year?

As of Aug 12, 2026, the average yearly pay for multifamily risk management in Federal Way, WA is $124,579.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,500.00 and $144,100.00 per year, depending on experience, location, and employer.

What is multifamily risk management?

Multifamily risk management involves identifying, assessing, and mitigating potential risks that can impact multifamily properties, such as apartment complexes or condominiums. This includes addressing financial, operational, regulatory, and environmental risks to ensure the property's value and profitability are protected. Professionals in this field work to minimize losses from events like natural disasters, tenant issues, legal liabilities, and market fluctuations by implementing insurance strategies, compliance measures, and proactive maintenance plans.

What are common challenges faced in multifamily risk management and how can they be addressed?

Professionals in Multifamily Risk Management often encounter challenges such as assessing diverse property risks, staying current with regulatory changes, and coordinating with multiple stakeholders like property managers, lenders, and insurance providers. Addressing these challenges requires strong analytical skills, clear communication, and ongoing education on industry standards and compliance. Building strong relationships with team members and external partners, as well as leveraging technology for risk assessment, can help streamline processes and mitigate potential issues.

What are the key skills and qualifications needed to thrive in multifamily risk management, and why are they important?

To excel in Multifamily Risk Management, you need expertise in real estate finance, property analysis, and risk assessment, typically supported by a degree in finance, business, or a related field. Familiarity with risk modeling software, property management systems, and industry certifications like ARM (Accredited Residential Manager) are valuable. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart. These competencies are critical for identifying, mitigating, and communicating potential risks to protect asset value and ensure regulatory compliance in multifamily housing portfolios.

What is the difference between Multifamily Risk Management vs Multifamily Underwriting?

AspectMultifamily Risk ManagementMultifamily Underwriting
Primary FocusIdentifying and mitigating risks related to multifamily property investments and operationsAssessing financial viability and determining loan or investment terms for multifamily properties
Required CredentialsRisk management certifications, property management experience, knowledge of insurance and safety protocolsFinancial analysis certifications, real estate licenses, underwriting training
Work EnvironmentProperty sites, insurance companies, risk consulting firmsBanking institutions, lending departments, real estate investment firms

While both roles involve multifamily properties, Multifamily Risk Management focuses on minimizing risks associated with property operations and safety, whereas Multifamily Underwriting concentrates on evaluating financial risks to determine loan or investment terms.

Is risk management a profitable career?

Risk management is generally a profitable career, especially in industries like finance, insurance, and real estate where specialized skills and certifications can lead to higher salaries. Professionals in this field often have opportunities for advancement and increased earning potential with experience and additional qualifications.

Are risk managers in high-demand?

Risk managers, including those in multifamily risk management, are in high demand due to increasing focus on property safety, compliance, and financial stability. Employers seek professionals with strong analytical skills, industry certifications, and knowledge of risk assessment tools to manage potential liabilities effectively.
What are popular job titles related to Multifamily Risk Management jobs in Federal Way, WA? For Multifamily Risk Management jobs in Federal Way, WA, the most frequently searched job titles are:
What job categories do people searching Multifamily Risk Management jobs in Federal Way, WA look for? The top searched job categories for Multifamily Risk Management jobs in Federal Way, WA are:
What cities near Federal Way, WA are hiring for Multifamily Risk Management jobs? Cities near Federal Way, WA with the most Multifamily Risk Management job openings:
Multifamily Risk Management jobs near you
Infographic showing various Multifamily Risk Management job openings in Federal Way, WA as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, and 2% Contract. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $124,579 per year, or $59.9 per hour.

Affordable Housing Community Manager

Asset Living

Spanaway, WA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 12 days ago

Asset Living rating

6.4

Company rating: 6.4 out of 10

Based on 79 frontline employees who took The Breakroom Quiz

157th of 202 rated real estate companies

Job description

COMPANY OVERVIEW
Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.
Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed'. We empower each other to lead by example, collaborate, and evolve - inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.
Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.
COMMUNITY MANAGER
The Community Manager is responsible for overseeing the entire operations of a housing community under the supervision of the Regional Manager. As a Community Manager, you will manage all phases of the operations, including personnel, leasing, maintenance, financial, administration & risk management. As an on-site leader, you will supervise all aspects of the property and staff to ensure compliance with Asset's policies and procedures, safety and fair housing guidelines, and liability concerns.
As a leading affordable housing management company, we prefer the following experience in addition to the Essential Duties and Responsibilities outlined below for our affordable assets :
  • Minimum of 2 years' experience with affordable housing programs, including but not limited to : LIHTC, HUD (Project Based Section 8, Section 236, PRAC, 811 PRA, USDA - Rural Development (515), HCD, HOME Funds and Bonds)
  • Affordable Housing Accreditation (HCCP, HCP-E, COS, BOS, TCS, CPO) or other applicable designations in affordable programs is preferred but not required.

Essential Duties & Responsibilities
  • Personnel Management
  • Regular/daily onsite attendance is required
  • Use consistent techniques & company directives to screen, hire, train, coach, and develop on-site staff
  • Ensure the effectiveness of staff through ongoing training, coaching, counseling, and guidance in compliance with Asset training benchmarks.
  • Complete weekly/daily office & maintenance staff schedules and assignments
  • Deal effectively and consistently with performance problems; document adequately, communicate with direct supervisor and HR, and terminate appropriately when necessary.
  • Promote harmony and quality job performance of staff through support and effective leadership
  • Ensure staff compliance and consistency with Company policies and procedures
  • Financial Management
  • Achieve the highest possible net operating income through the implementation of effective cost control and revenue & leasing improvement; identify trends and recommend strategies and adjustments
  • Develop yearly operating budgets/forecasts
  • Monitor the timely receipt and reconciliation of deposits, rent collections, and charges to ensure they are submitted on a timely basis.
  • Monitor the timely receipt, reconciliation, and coding of all vendor invoices
  • Ensure property closeout is completed on time and ownership financial reports are accurate
  • Strategic Leasing Management
  • Develop yearly marketing plan and utilize marketing strategies & systems
  • Ensure staff leasing techniques are effective in obtaining closure, follow-up procedures met, signing/documentation of leases, and reporting systems are accurate and up to date.
  • Deal with resident complaints, concerns, and requests to ensure resident satisfaction
  • Develop and implement resident retention programs (i.e., resident functions, special promotions, monthly newsletter, etc.)
  • Effectively show, lease, and move in prospective residents
  • Administrative & Maintenance Management
  • Ensure all administrative & leasing reporting is accurate, complete, and submitted on a timely basis
  • Will head emergency team for the property; ensure proper response and handling of all property emergencies with staff, residents, buildings, etc., within company guidelines to minimize liability.
  • Manage excellent customer service and monitor service request turnaround and responsiveness of maintenance staff.
  • Maintain property appearance and ensure repairs are noted and completed on a timely basis (this requires regular property inspections and tours)
  • Plan for and utilize property resources, equipment, and supplies economically (i.e., obtaining bids/pricing from vendors, suppliers, and contractors, dealing with inadequate service, etc.)
  • Give direction to and monitor maintenance, construction, and rehabilitation activities to ensure quality and expediency (i.e., "walk" units to ensure make-ready and work orders are completed)

Education/Experience
  • High School Diploma or Equivalent; Bachelor's degree preferred or four year's experience in the housing industry; or one to two years related experience and/or training; or equivalent combination of education and experience.
  • Certified Apartment Manager (CAM) or Accredited Resident Manager (ARM) preferred.
  • Ability to understand and perform all on-site software functions; basic computer skills required.
  • Must have basic knowledge of Fair Housing Laws and OSHA requirements.

Physical Requirements
  • While performing the duties of this job, the employee is regularly required to stand, use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is frequently required to walk and sit. The employee is occasionally required to stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.
  • The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

License/Equipment
  • Must have reliable transportation due to the emergency on-call requirement.

At Asset Living, a variety of factors are considered in making compensation decisions, including, but not limited to: skill set, background and training, certifications, etc. When selecting the top candidate to hire for a position, the offer we extend is dependent on the facts associated with each specific individual's relevant experience for the role. Our employment offer is accompanied by additional compensation associated with our comprehensive total rewards package, which includes benefits (medical, dental, vision, life, accidental, and disability insurance), 401K with employer matching, and commission and performance bonuses, when applicable. Full-time employees also receive paid sick days and company holidays.
Salary Range: $80168.40 per year to $81000 per year
This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice. This is a safety-sensitive position and may be subject to additional compliance requirements.

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About Asset Living

Sourced by ZipRecruiter

Founded in 1986, Asset Living is a true third-party property management firm with decades of experience delivering exceptional value to partners across the nation. As a leader in third-party property management, Asset Living is the fourth largest in the country (National Multifamily Housing Council's Top 50) and remains the No. 1 third-party student housing property manager in the U.S. for 11 years in a row (Student Housing Business). With over 36 years of experience, Asset Living's growing portfolio includes a multitude of properties across the country that span the multi-family, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions. Asset Living presently manages a portfolio consisting of approximately 175,000+ units and 125,000+ beds. Asset Living is a family made up of diverse backgrounds, unique ideas, and distinct personalities. Recognized as one of the nation's Best and Brightest Places to Work, professionals join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities.

Industry

Real estate

Company size

1,001 - 5,000 Employees

Headquarters location

Houston, TX, US

Year founded

1986

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