Program Manager IV (076184) *Re-Post*
Deputy Director, Multifamily Asset Management
|Department||DHCD - Div of Credit Assurance - Asset Management|
|Date Opened||6/30/2022 3:51:00 PM|
|Filing Deadline||8/12/2022 11:59:00 PM|
|Salary||$75,926 - $106,753/year (Grade 22, Base - Step 15 with promotional growth to $122,140)|
|HR Analyst||Kathleen Hubbard|
This is a Management Service position with full State of Maryland 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. The department has an immediate opening for a Program Manager IV, Deputy Director of Multifamily Operations /Asset Management. Located in the Division of Credit Assurance, the Multifamily Asset Management group’s purpose is to ensure the continued security of multifamily loans made by DHCD and the quality of the communities funded with those loans. The goal of this activity is to ensure the viability of the State’s security and the benefits to low- and moderate-income Marylanders. This position is responsible for assisting the Director of Multifamily Asset Management with the administration and direction of the unit; and, in the absence of the Director, to serve as the principle manager of the organization.
This position, with oversight for the Multifamily staff of 23 professionals, oversees the Maryland Department of Housing and Community Development’s portfolio managed by DHCD. DCA Multifamily Asset Management manages DHCD’s portfolio of loans secured by multifamily housing complexes (the Assets). DCA also provides asset management for a growing portfolio of business loans under Neighborhood Business Works Program (NBW), with an outstanding loan balance of well over $36.8 million, serving entrepreneurs from all over the State of Maryland.
The Manager plans, coordinates, supervises, and evaluates the work of staff consisting of professional portfolio managers and portfolio administrators, and the smaller report group that manages DHCD multifamily data systems. This position is responsible for management of personnel actions, develops short and long- range goals, and other general administrative functions for DCA Multifamily Operations, including oversight of expenditures on operating budgets. The Manager establishes policies and procedures for Multifamily Asset Management and oversees revisions and updates.
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. The agency is located at 7800 Harkins Road Lanham MD across from the New Carrollton Metro Stop.
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.
This position is responsible for assisting the Director of Multifamily Asset Management with the administration and direction of the unit; and, in the absence of the Director, to serve as the principle manager of the organization. The purpose of Multifamily Asset Management is to ensure the continued security of multifamily loans made by DHCD and the quality of the communities funded with those loans. The goal of this activity is to ensure the viability of the State’s security and the benefits to low and moderate income Marylanders.
Education: A bachelor’s degree from an accredited college or university.
Experience: Six years of experience in asset management, investment banking or commercial banking, or similar experience within State or Federal housing agencies.
1. Additional professional and job experience as defined above may be substituted for on a year-for-year basis for the required education.
2. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer involving staff work that includes the regular use of independent judgment and analysis in applying and interpreting complex administrative plans, policies, rules or regulations or analysis of operational programs or procedures with recommendations for improvement on a year-for-year basis for the required education and experience.
DESIRED OR PREFERRED QUALIFICATIONS
- Extensive knowledge of HUD’s multifamily loan programs, particularly the Risk-Sharing Program.
- A thorough understanding of the legal documents used in the financing of affordable multifamily housing projects.
- Management experience with a State Housing Finance Authority or Federal Housing Agency in multifamily asset management, commercial loan management, loss mitigation, and asset disposition negotiations, and/or legal experience.
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. Selected candidates will be subject to Microsoft excel testing.
Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:
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 email@example.com. Please include the following information in the body of the email:
- Attn: Kathleen Hubbard, Senior 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.