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CDA Lending and Risk Analyst Senior I (C22032)

Commercial Loan Underwriter

Recruitment #22-003729-0009

Introduction



This is a Contractual Position with Limited State of Maryland 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. Program Excellence: Neighborhood Business Works Who we are and what we do: We are a fast paced, dynamic team committed to serving Maryland. We are looking for team players that share our vision of program excellence and our commitment to customer service. We achieve program excellence through continuous process improvement involving everyone in a collaborative and collegial team centered environment. The Neighborhood Business Works division works within the Department to administer a wide range of funding to support Maryland businesses. The Neighborhood Business Works division has assisted over 47,000 businesses in the last 9 years.

GRADE

20

LOCATION OF POSITION

7800 Harkins Road Lanham, MD 20706.

The Department of Housing and Community Development Headquarters is located in Prince George's County across from the New Carrollton Metro stop.

POSITION DUTIES

A CDA Lending and Risk Analyst Senior I is the senior level of work examining, analyzing, and interpreting financial and or construction data that may include but is not limited to financial statements, income statements, tax statements, profit and loss statements, cash flow, construction documents such as contracts, plans, specification, blue prints, construction budgets, feasibility studies, environmental studies, geotechnical studies, change orders, notice of completion, etc. The CDA Lending and Risk Analyst Senior I performs financial analysis of applicants documents to determine eligibility (as applicable) for CDA programs including but not limited to mortgage lending, energy assistance, grants, rental assistance, business lending, special loans, multifamily housing finance, housing rehabilitation, infrastructure and neighborhood rehabilitation. Employees in this classification do not supervise subordinate CDA Lending and Risk Analysts, but may supervise administrative clerical support staff. Employees in this classification receive general supervision from a CDA Lending and Risk Analyst Manager or Director. The work may require travel throughout the State of Maryland to attend conferences, hearings, meetings or site inspections. The CDA Lending and Risk Analyst Senior I is differentiated from the CDA Lending and Risk Analyst I, II and III, in that the CDA Lending and Risk Analyst Senior I is a senior employee performing under a higher degree of independence than the CDA Lending and Risk Analysts I, II, and III. The CDA Lending and Risk Analyst Senior I may also at times train subordinate CDA Lending and Risk Analysts. This position: A. Conducts eligibility review and underwriting B. Assists with program administration C. Conducts marketing and outreach D. Maintains databases and provides reports.

MINIMUM QUALIFICATIONS

Experience: Four years of professional financial/risk analysis experience concerning government lending or assistance programs, or four years of experience in Construction Management pertaining to single family and/or multifamily housing government programs (as applicable) and four years of professional financial, lending and risk or construction analysis experience, such as managing financial asset and debt portfolios, examining, analyzing, and interpreting accounting, budget, or grant or real estate investment portfolio records and reports, or managing government housing projects.

Notes:

1. Candidates may substitute the possession of a Bachelor’s degree from an accredited college or university in Finance, Business Administration, Economics, Accounting, Construction Management or a related field and four years of professional financial/risk analysis experience concerning government lending or assistance programs, or four years of experience in Construction Management pertaining to single family and or multifamily housing government programs (as applicable) for the required experience.

2. Candidates may substitute the possession of a Master’s degree from an accredited college or university in Finance, Business Administration, Economics, Accounting or a related field and two years of professional financial/risk analysis experience concerning government lending or assistance programs, or two years of experience in Construction Management pertaining to single family and or multifamily housing government programs (as applicable) for the required experience.

3. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting or Loan Officer Classifications, or Financial Management specialty codes in the accounting field of work 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.

DESIRED OR PREFERRED QUALIFICATIONS

Commercial Underwriting experience is strongly preferred.

SELECTION PROCESS

Please provide sufficient information on your application to document that you meet the minimum qualifications for this recruitment. Unofficial transcripts, certifications or diplomas to document educational or certification qualifications are required. Educational credentials from foreign countries must be evaluated by an approved education review service. This evaluation must be submitted with your application. For further information, you may call International Consultants of Delaware, Inc. (302) 737-8715 or World Education Services Inc. 1-800-932-3897 or (202) 331-2925. Successful candidates will be placed on the employment (eligible) list for at least one year. Eligible list may be used to fill future vacancies of the same classification. Successful candidates must document eligibility to work in the U.S. upon hire.

Please note: The Maryland Department of Housing and Community Development is not sponsoring new employees in application of the H-1B Visa at this time due to budgetary constraints. All applicants must be legally authorized to work in the United States under the Immigration and Reform Control Act of 1986. Federal regulations prohibit H1B Visa candidates from paying sponsorship fees, all sponsorship fees must be assumed by the potential employer.

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on your application. Therefore, it is important that you provide complete and accurate information on your application. Report all experience and education that is related to this position.

BENEFITS

Contractual employees who work for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program (the Program), have a current employment contract and work 30 or more hours a week (or on average 130 hours per month) may be eligible for subsidized health benefits coverage for themselves and their dependents. As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled. The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You can also elect to enroll in dental coverage, accidental death and dismemberment insurance, and life insurance, but will be responsible to pay the full premium for these benefits. Leave may be granted to a temporary/contractual employee who has worked 106 days in a 12 month period. This leave accrues at a rate of one hour for every 30 hours worked, not to exceed 40 hours per calendar year.

FURTHER INSTRUCTIONS

Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:
Christopher Schrader
Department of Housing and Community Development
Office of Human Resources
7800 Harkins Road, Lanham, MD 20706
All application materials must be received by the filing deadline. If you are unable to upload your transcripts into the system, please send via email to christopher.schrader@maryland.gov
Please include the following information in the body of the email:
  • Attn: Christopher Schrader, HR Generalist
  • Your First and Last Name
  • Recruitment #
  • Classification (Job Title) of Recruitment
Incorrect application forms, or resumes in place of the application, will not be accepted. If you are interested in these positions and cannot apply online please fill out the paper application.
For questions concerning these positions, please call 301-429-7414.
TTY Users: call via Maryland Relay.
We thank our Veterans for their service to our country, and encourage them to apply.
As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.




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