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LOAN/INSURANCE UNDERWRITER II, MULTI-FAMILY [C07009/221521]

Neighborhood Business Works Underwriter

Recruitment #15-001733-0002

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

18

LOCATION OF POSITION

7800 Harkins Rd Lanham, MD 20706

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

POSITION DUTIES

This position underwrites loans for and provides assistance with the management and marketing of the following programs:

  • Neighborhood Business Works (NBW) Program, a commercial loan program to assist small businesses,
  • Maryland Capital Access Program (MCAP), a credit enhancement program to improve the access of private financing to small businesses,
  • Linked Deposit (LD) Program, a program where certified MBE borrowers can receive a reduced interest rate from participating lenders.
  • Microenterprise Lending Program

The purpose of these programs is to help revitalize communities throughout the State. The main duties of this position are as follows:

  1. Conducts eligibility review and underwriting
  2. Assists with program administration
  3. Conducts marketing and outreach
  4. Maintains databases and provides reports

MINIMUM QUALIFICATIONS

Minimum Qualifications are REQUIRED to be considered for this position.

Education: A Bachelor's Degree in Business Administration, Management, Finance or related field.

Experience: Two years of experience evaluating the risk involved in granting loans or insurance for multi-family housing or commercial projects.

Notes:

  1. Additional experience as described above may be substituted on a year-for-year basis for the required education.
  2. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in loan specialist classification or loan specialist specialty codes in the loan specialist field of work on a year-for-year basis for the required experience and education.  

LIMITATIONS ON SELECTION

Candidates must be willing to work in Prince George's County.

SELECTION PROCESS

Please provide sufficient information on your application to document that you meet the minimum and selective qualifications for this recruitment. Please provide transcripts, certifications or diplomas to document educational or certification qualifications. 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

CONTRACTUAL EMPLOYEE HEALTH BENEFITS

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. There is ample free parking and our offices are located in walking distance to the New Carrollton MARC Train Station.

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 dhcd.careers@maryland.gov.

Please include the following information in the body of the email:

  • Attn: Amy Kipersztok, Senior HR Generalist
  • 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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