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PROGRAM MANAGER II (045577)

Portfolio Administrator, Multifamily Asset Management

Recruitment #23-005477-0001

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Introduction

This is a Management Service position with full Maryland State 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 a Program Manager in its Division of Credit Assurance.  This individual will be responsible for supervising portfolio managers in our DCA Multifamily Unit.  This position will supervise technical underwriting analysis of lenders, applications for mortgage insurance on Multifamily rental housing projects and small business loans.  This position monitors approved projects through the initial closing, construction/rehabilitation, final closing and asset management phrases of project development.  This position establishes and evaluates program goals, standards and controls to meet program objectives. 

Candidate must possess strong interpersonal, written and oral communication skills.  The position requires a proven ability to establish and development effective relationship with business, finance and legislative constituencies.  Proficiency with Microsoft Office applications to include Word, Excel, Access, PowerPoint, Google, Google Calendar. 

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.  There is ample parking.

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

This Portfolio Administrator is responsible for the administration of one of the Division of Credit Assurance’s Multifamily Asset Management Teams. This Team monitors the physical and financial condition of an assigned portfolio of multifamily housing projects, evaluates the performance of private firms managing the projects, and plans and implements strategies needed to improve the performance of marginally performing projects. The principle activities of the team include reviews of financial reporting, physical inspections, management reviews, and risk rating. The Team also manages routine processes like maintaining current records, disbursement of reserves, loan payoffs, etc. The goal of this activity is to ensure the viability of the State’s security and the benefits to low and moderate income Marylanders.

MINIMUM QUALIFICATIONS

Education: Possession of a bachelor’s degree from an accredited college or university.    

Experience: Four years of progressively responsible work experience managing a complex multifamily loan portfolio in which one year of work experience must be in a supervisory capacity.    

1. Additional work experience can be substituted on a year-for-year basis for the four years of 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, recommendations for improvement on a year to year basis for the required education and experience.

DESIRED OR PREFERRED QUALIFICATIONS

  • Experience in working in a fast-paced, deadline environment and perform strong oral and communication skills.
  • Background in finance and the ability to analyze financial statements.
  • Two years of experience in the development of asset management of management of affordable multifamily housing.
  • Experience and knowledge with federal and state housing programs.

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

FURTHER INSTRUCTIONS

Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:
Miles Peterson 
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 miles.peterson@maryland.gov. Please include the following information in the body of the email: 
  • Attn: Miles Peterson, 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 301-429-7566. 

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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