Cda Lending And Risk Analyst IV (C23031/457857)

State of Maryland • Prince George's, MD

8d • Onsite

About The Position

This is a contractual position with State of Maryland benefits. 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 up to 40 properties amounting to $350 million in construction and permanent financing and over 3,000 first time homebuyers' mortgages amounting to $1 billion. 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 mortgage purchase initiatives designed to expand affordable housing opportunities for persons with disabilities and homebuyers with student debt, increase the energy efficiency and sustainability of affordable multifamily developments, and preserve rental housing. Single Family Housing's goals are to help low and moderate income Maryland residents purchase and maintain their homes and to increase the percentage of low and moderate-income Maryland households who live in decent housing. DHCD offers a flexible work schedule, telework and job sharing options, training, advancement and career path opportunities, casual business dress on Fridays, and competitive salary. There is ample parking and our offices are located in walking distance to the New Carrollton MARC Train Station.

Requirements

• Graduation from an accredited high school or possession of a high school equivalency certificate.
• Nine 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 five 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.
• Document eligibility to work in the U.S. upon hire.
• All applicants must be legally authorized to work in the United States under the Immigration and Reform Control Act of 1986.

Nice To Haves

• Experience working with the Maryland Mortgage Program [MMP].
• Experience with drafting policies for mortgage related programs.
• Experience with Government funded programs (Residential mortgage financing/underwriting).

Responsibilities

• Ensure all program compliance documents (program manuals, loan documents, directives, newsletters, program income and purchase price limits, some training materials, presentations, announcements etc.) are kept up to date, ADA accessible, reviewed and improved on a regular basis.
• Maintain a constant connection with stakeholders (US Bank, lenders, NCSHA, FNMA, Freddie Mac, FHA etc.) to ensure their databases and memberships related to the Single Family Housing programs are maintained timely and accurately.
• Promote the interests of the Single Family Programs and foster relationships with programs’ stakeholders (within DHCD and with external business partners, including lenders, realtors, housing counselors, mortgage insurers, non-profit organizations and local governments, general public etc.) to optimize the deployment of the programs, continually improve the programs’ image, foster a greater statewide awareness, and help to ensure the long-term visibility of the programs to support the Department’s mission of working with partners to finance housing opportunities to ensure Maryland citizens have the opportunity to live and prosper in affordable housing.
• Improve knowledge and performance through training and by development of reference materials for both internal and external clients.
• Relates to the mission of the agency by improving access to essential industry information which helps low and moderate income Maryland residents find housing and helps to increase the percentage of low and moderate income Maryland households who live in decent housing.

Benefits

• Subsidized health benefits coverage for themselves and their dependents (contractual employees working 30+ hours/week may be eligible).
• Dental coverage (employee pays full premium).
• Accidental death and dismemberment insurance (employee pays full premium).
• Life insurance (employee pays full premium).
• Leave accrues at a rate of one hour for every 30 hours worked, not to exceed 40 hours per calendar year (for contractual employees who have worked 120 days in a 12-month period).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED