CDA Financial Analyst II (C08008/105272)
|Department||DHCD - Div of Dev Finance - Homeownerhip Programs|
|Date Opened||3/22/2021 12:22:00 PM|
|Filing Deadline||4/23/2021 11:59:00 PM|
|Salary||$20.28 - $26.14/hour (Grade 14 Base - Step 9 with promotional growth to $32.17)|
|HR Analyst||Kathleen Hubbard|
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.
The main purpose of this position is to account for all single family loan, investment and bond transactions in two single family bond indentures, prepare the trial balance, and analyze account data that accurately reflects the financial condition of Community Development Administration's (CDA’s) Single Family Bond Programs. By issuing single family bonds, CDA’s programs provide affordable housing opportunities for low- and moderate-income people. Using the website, CDA provides timely information to investors thus enhancing the marketability of CDA bonds.
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.
The position is responsible for 4 main duties:
1) Performing loan compliance review (pre-closing and post-closing) to ensure that any loan being purchased (either in DHCD’s portfolio or under a Mortgage-backed Security (MBS) structure) meets the Federal, State and Program criteria governing loan origination and purchase.
2) Managing the whole-loan repurchase requests.
3) Preparing and managing the Directives and Notifications needed to be issued by Single Family Housing at the instructions of the management (Director, Deputy Director, Operations Manager, Manager/Supervisor)
4) Acting as the Governor’s correspondence, customer service, and legislative liaison for Single Family Housing. The position meets the Managing for Results (MFR) goals by performing the required duties to help low and moderate income Maryland residents purchase and retain their homes. Our objective is to increase the number of Maryland's low and moderate income homebuyers who purchased their homes with DHCD assistance.
Education: Graduation from an accredited high school or possession of a high school equivalency certificate.
Experience: Four years experience in rehabilitation or home improvement mortgage underwriting or loan analysis.
1. Applicants may substitute pertinent volunteer and/or part-time experience is acceptable. Please document the number of hours spent per week in this type of experience on the employment application form.
2. Applicants may substitute education at an accredited college or university on a year-for-year basis for up to two years of the required experience.
3. Candidates may substitute U.S. Armed Forces military service experience as a non-commissioned officer in the Financial Analysis classification series or Financial Analysis specialty codes on a year-for-year basis for the required experience.
DESIRED OR PREFERRED QUALIFICATIONS
- Experience with loan compliance review
LICENSES, REGISTRATIONS AND CERTIFICATIONS
Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland.
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.
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.
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.
Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:
Mrs. Kathleen Hubbard
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 Kathleen.Hubbard@maryland.gov. Please include the following information in the body of the email:
- Attn: Mrs. Kathleen Hubbard, 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 301-429-7418.
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.
Click on a link below to apply for this position:
|Fill out the Supplemental Questionnaire and Application NOW using the Internet.|
|View and print the Supplemental Questionnaire.||This recruitment requires completion of a supplemental questionnaire. You may view and print the supplemental questionnaire here.|
|Apply via Paper Application.||You may also download and complete the Paper Application here.|