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HCD Community Program Administrator I (C20008) *Re-Post*

Portfolio Manager

Recruitment #22-001206-0010

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 and development of affordable housing and community development lending.

DHCD has an immediate opening for an Asset Management Officer/Portfolio Manager in the Division of Credit Assurance. This position monitors, evaluates, and analyzes performance of multi-family properties to assure regulatory compliance with DHCD loan documents (such as regulatory agreements, deed of trust, deed of trust notes, Low Income Housing Tax Credits covenants). The Asset Management Officer/Portfolio Manager reviews the financial (audits, operating statements, and budgets), administrative and physical condition of the assets, advises supervisors of problems and assists owners and property managers to implement solutions (such as compliance, safety, physical, and financial problems). This position will also be required to perform physical/visual inspections and management reviews throughout the State of Maryland.

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 DHCD Headquarters is located at 7800 Harkins Road Lanham, MD next to the New Carrollton metro stop.

GRADE

17

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

The Portfolio Manager evaluates and analyzes the performance of a standard portfolio of multifamily properties to assure compliance with DHCD’s mission and loan documents. The Portfolio Manager reviews the financial and physical condition of the assets as well as the capability of project management, advising supervisors of problems and assisting owners and property managers to implement solutions. A Portfolio Manager also assists departmental multifamily underwriting staff in the review of initial loan applications and restructuring of problem loans.

MINIMUM QUALIFICATIONS

Education:   A Bachelor’s degree from an accredited college or university. 

Experience: Four years of administrative or professional experience to include one year of financing experience or providing technical assistance for development or rehabilitation of multifamily or single family housing; neighborhood revitalization and business development; community infrastructure development; or historic preservation programs. 

Notes

1. Candidates may substitute additional administrative or professional experience as defined above on a year-for-year basis for the required education. 

2. Candidates may substitute additional job-related education at a rate of thirty credit hours for each year of experience for up to two years of the required experience. 

3. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer 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 and education.

DESIRED OR PREFERRED QUALIFICATIONS

  • Monitoring affordable housing compliance for programs including, but not limited to: the Low Income Housing Tax Credit, HOME, and Section 8
  • Must have the ability to drive to sites throughout the state and perform physical/visual inspections and management reviews
  • Reviewing financial audits, operating statements, and budgets
  • Will be required to possess a motor vehicle operator's license valid in the State of Maryland

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 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:
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: 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.



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