Cda Lending And Risk Analyst I (490875)

State of Maryland•Prince George's, MD

6d•Onsite

About The Position

This is a Skilled Service position with full Maryland State Benefits Work that Matters. The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing of affordable housing and revitalizing communities. This is an opportunity to join this nationally-recognized, award-winning organization and apply your skills to this high public purpose and challenging area. Annually, DHCD finances approximately 2,700 units of multifamily rental housing in 40 properties, amounting to $350 million in construction and permanent financing. Funding comes from a variety of sources, including state-appropriated funds, taxable and tax-exempt revenue bonds, federal low income housing tax credits, federal HOME funds and other federal funds. Additionally, DHCD administers rental assistance programs and innovative initiatives designed to expand affordable housing opportunities for persons with disabilities, increase the energy efficiency and sustainability of affordable multifamily developments, and preserve rental housing. DHCD offers a flexible work schedule, telework and job sharing options, training, advancement and career path opportunities, casual business dress on Fridays, and a competitive salary. There is ample parking and our offices are located in walking distance to the New Carrollton MARC Train Station. GRADE 16 This position offers a salary range of $66,314 - $74,290/year, with potential for advancement up to $103,309 based on qualifications, equity, and hiring guidelines. Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $74,290/year. LOCATION OF POSITION 7800 Harkins Road Lanham, MD 20706 The Maryland Department of Housing and Community Development is located in Prince George's County across from the New Carrollton Metro stop. POSITION DUTIES The main purpose of this position is to play a critical role in several related programs that finance the production of affordable, single-family homes in historically disinvested neighborhoods by processing, underwriting, and closing project loans and to contribute to the continuing development of the UPLIFT program and related initiatives.

Requirements

Graduation from an accredited high school or possession of a high school equivalency certificate.
Six years of experience evaluating the risk involved in granting single family, multifamily and commercial loans, government assistance programs, and/or construction management.
Candidates may substitute the possession of a Bachelor's degree from an accredited college or university in Business Administration, Architecture, Construction Management, Finance, Economics, Real Estate, Architecture or any other related field and two years of experience evaluating the risk involved in granting single family, multifamily and commercial loans, government assistance programs, and/or construction management for the required experience.
Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in loan specialist classification, loan specialist specialty codes in the loan specialist field of work, or as a commissioned officer in business and industry classification or business and industry specialty codes in the housing management field of work on a year-for-year basis for the required experience.

Nice To Haves

Experience underwriting in single family affordable housing production programs.
Experience with construction related Project management.
Experience preparing reports and related documentation in accordance with housing guidelines.

Responsibilities

play a critical role in several related programs that finance the production of affordable, single-family homes in historically disinvested neighborhoods
processing, underwriting, and closing project loans
contribute to the continuing development of the UPLIFT program and related initiatives