CDA Financial Analyst II (C26028​/546433) Loan Processor

Introduction

This is a contractual position with 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 up to 40 properties amounting to $350 million in construction and permanent financing and over 3,000 first time home buyers' mortgages amounting to $1 billion.

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 inititaves designed to expand affordable housing opportunities for persons with disabilities, increase the energy efficient and sustainability of affordable multifamily developments, and preserve rental housing.

DHCD offers a flexible work schedule, telework and job sharing options, training, advancement and career path opportunities, casual business dress on Fridays, and competetive salary. There is ample parking and our offices are located in walking distance to the New Carrollton MARC Train Station.

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This position offers a salary range of $28.43 - 30.78 hourly with the potential for advancement up to $44.84 hourly based on qualifications, equity, and hiring guidelines. Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $30.78 hourly.

7800 Harkins Road

Lanham, MD 20706

The Maryland Department of Housing and Community Development is located in Prince George's County across from the New Carrollton Metro Stop.

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 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.

This position provides administrative and technical support of a financial nature to employees in CDA Finance and the Division of Development Finance, thereby supporting the goals of CDA and the mission of DHCD as described in MFR (Managing for Results) documents.

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.

• 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.
• 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.
• 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.

• Experience in mortgage lending.
• Experience with mortgage processing.
• Experience with mortgage titles or mortgage closing.

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,…