Senior Financial Analyst (Mortgage Finance)

Job Description

The Senior Financial Analyst is responsible for assisting the Mortgage Finance Division in evaluating and documenting credit risk. This involves monitoring the work flow and administration of documents related to the financing of multifamily real estate transactions, as well as processing and monitoring of the use of bond proceeds during the construction period.

Example Of Duties

• Complete special tasks, including assisting in FHA Risk-Sharing and Federal Financing Bank program monitoring and administration through engagement with Mortgage Finance personnel, Asset Management and Property Management Divisions of HOC.
• Review and analyze documentation and property performance information for properties.
• Engage with Legal, IT, Asset Management, Property Management and Mortgage Finance personnel to develop a lending and loan management database in support of the mortgage finance activities.
• Develop financial models to support the evaluation of financing scenarios and develop recommendations to Senior Multifamily Underwriters and Mortgage Finance Leadership.
• Examine, analyze and interpret data, including financial statements, construction contracts, construction budgets, change orders, feasibility studies, appraisals, environmental studies and other related third party reports.
• Support the issuance of bond issues to facilitate the financing of projects, including the review of various bond documents in conjunction with Multifamily Underwriting personnel and the leadership of Mortgage Finance.
• Collect and analyze construction and permanent loan data from various sources.
• Collect and analyze market data related to affordable housing properties in Montgomery County that may include various revenue streams such as retail, commercial and residential leases.
• Aid in the reconciliation of data discrepancies and ensure the integrity of mortgage loan data while processing loans through HOC’s various systems.
• Develop multi-year pro formas and calculate financial ratios.
• Analyze historical property financial statements, including interaction with the Property Management and Asset Management Divisions of HOC.
• Conduct inspections of subject and comparable properties and analysis of neighborhood and market characteristics.
• Manage the collection of required documentation during the underwriting process, including the coordination of documentation from various HOC Divisions.
• Examine bond draws and construction draws for all bond proceeds.
• Maintain knowledge on government and industry policies and regulations that may affect HOC programs and be comfortable with transition and change.

Experience

• At least five years of experience in Project Management or Operations Management.

Education

• Graduation from an accredited college or university with a Bachelor's degree in either Finance or a related field.
• An equivalent combination of education and experience may be accepted.

Qualifications

• Low income residents in Montgomery County with the above qualifications are encouraged to apply.

Knowledge, Skills And Abilities

• Knowledge and understanding of budget processes.
• Ability to identify and resolve issues.
• Ability to be responsible with confidential assignments, materials, and situations with discretion, tact, and diplomacy.
• Ability to work independently with broad guidance and to carry out continuing assignments requiring the organization of material and the preparation of reports.
• Demonstrated ability to research and compile reports and analyze information.
• Ability to prepare and present ideas in a clear and concise manner, both orally and in writing.
• Ability to coordinate work programs of committees and working groups within the Mortgage Finance Division.

Salary

Grade 27 - Min: $81,196 / Mid: $108,712 / Max: $136,229 | Salary determined by departmental budget - Offer commensurate with experience.

Benefits

HOC is an equal-opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. HOC promotes a drug-free workplace.

Equal Opportunity Employer

HOC is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law.

Drug-Free Workplace

HOC promotes a drug-free workplace. HOC conducts criminal background checks, employment reference checks, and where applicable, reviews driving records in determining suitability for employment. Selected applicants will be required to submit to pre-employment drug and alcohol screening. Employment is contingent upon drug and alcohol test results.