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ADMINISTRATIVE OFFICER II [C09011/219982]

Construction Finance Loan Analyst

Recruitment #15-003235-0020

Introduction

This is a contractual position with limited 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.

GRADE

14

LOCATION OF POSITION

7800 Harkins Rd Lanham, MD 20706

DHCD's Headquarters Office is located in Prince George's County at the New Carrollton Metro stop.

POSITION DUTIES

DHCD has an immediate opening for a full-time Construction Finance Loan Analyst. This position serves as primary assistant and processor for three Construction Finance Managers. The main purpose of this position is to assist the Construction Finance Managers in managing the loan from initial closing through construction and final closing, including the review and approval of construction draws and cost certifications. This position requires the ability to understand multifamily underwriting policies, rules, and regulations and to apply that understanding to construction budgets and the construction draw process to make accurate and timely recommendations to the Manager. The position is assigned to the Construction Finance team and is responsible for assisting with each stage of the project including the initial closing, construction payment and final closing process. The person performing this job must have a strong accounting background, be proficient in spreadsheet programs (excel), and possess strong organizational skills and deal well with customers (both verbally and written). The position also provides back-up to the Construction Finance Managers as needed. Financing types handled include multifamily bond loans, State rental housing loans, Partnership Rental Housing Program loans, Shelter and Transitional Housing grants, HOME loans for multifamily rental housing, and Office and Commercial Space Conversion Program loans.

MINIMUM QUALIFICATIONS

Education: Possession of a bachelor's degree from an accredited four-year college or university.

Experience: Two years experience in administrative or professional work.

Notes:

  1. Candidates may substitute additional experience in administrative staff or professional work on a year-for-year basis for the required education.
  2. Candidates may substitute additional graduate level education at an accredited college or university at the rate of 30 semester credit hours for each year of the required experience.
  3. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer involving staff work that included the regular 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 to year basis for the required education and experience.

SELECTIVE QUALIFICATIONS

Candidates must have one year of experience using MS Excel. Candidates may be subject to an excel test prior to interview.

DESIRED OR PREFERRED QUALIFICATIONS

  • 1 year of experience with rehabilitation or home improvement mortgage underwriting or loan analysis.
  • Excel experience with advanced formulas and functions including cost and variance analysis.

LIMITATIONS ON SELECTION

This recruitment is limited to candidates willing to work in Prince George's County.

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.

SELECTION PROCESS

Please provide sufficient information on your application to document that you meet the minimum and selective qualifications for this recruitment. 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 ranked as  Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year. Eligible list may be used to fill future vacancies of the same classification.

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

FURTHER INSTRUCTIONS

Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to: Amy Kipersztok, Department of Housing & Community Development Office 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 ohr.dhcd@maryland.gov.   Please include the following information in the body of the email:

  • Attn: Amy Kipersztok, Recruitment Manager
  • Your First and Last name
  • Last 4 of SS#
  • 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 the position and cannot apply online please fill out the revised paper application which can be found on JobAps.

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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