Program Manager II (045614)

Asset Management•Prince George's, MD

About The Position

This is a Management 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 and development of affordable housing and community development lending. DHCD has an immediate opening for a Program Manager II in its Division of Credit Assurance . This position monitors, evaluates and analyzes the performance of multi-family properties to assure regulator compliance with DHCD loan documents. The Asset Management Officer/Portfolio Manager reviews the financial, administrative , and physical condition of the assets, advising supervisors of problems and assisting owners and property managers to implement solutions. DHCD offers a flexible work schedule, telework options; training, advancement and career path opportunities; casual business dress on Fridays and a competitive salary. The DHCD Headquarters is located at 7800 Harkins Road Lanham, MD next to the New Carrollton metro stop. GRADE 20 This position offers a salary range of $85,963 - $104,026/year, with potential for advancement up to $133,951 based on qualifications, equity, and hiring guidelines. Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $104,026/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. This Portfolio Administrator is responsible for the administration of one of the Division of Credit Assurance’s Multifamily Asset Management Teams. This Team monitors the physical and financial condition of an assigned portfolio of multifamily housing projects, evaluates the performance of private firms managing the projects, and plans and implements strategies needed to improve the performance of marginally performing projects. The principle activities of the team include reviews of financial reporting, physical inspections, management reviews, and risk rating. The Team also manages routine processes like maintaining current records, disbursement of reserves, loan payoffs, etc. The goal of this activity is to ensure the viability of the State’s security and the benefits to low and moderate income Marylanders.

Requirements

A bachelor’s degree from an accredited college or university
Four years of administrative or professional experience including one year of financing experience or providing technical assistance for the development or rehabilitation of multifamily or single-family housing; neighborhood revitalization and business development; community infrastructure development; or historic preservation programs.
At least 3 years of general supervisory experience.
Limited to candidates who have access to their own transportation between job sites.

Nice To Haves

Experience monitoring affordable housing compliance, including Low Income Housing Tax Credits, HOME, Section 8 or other federal financial assistance and subsidy programs.
Experience in real estate, housing programs, and or housing compliance monitoring using software.
Experience developing and implementing new processes and procedures and training others.
A least one year of experience using Microsoft office suite Word/Excel and/or Google Docs/Sheets to create reports, documents, and spreadsheets.
Experience in finance and the ability to analyze financial statements.