MANAGER, HOUSING FINANCE (DEPARTMENT OF PLANNING AND DEVELOPMENT) - ACTIVELY RECRUITED

Cook County • Chicago, IL

1d • Hybrid

About The Position

Manage the Department's housing loan portfolio and staff engaged in underwriting and approvals. Collaborates with senior management to align housing financing mechanisms with strategic affordable housing initiatives undertaken by the Department. Serves as a subject matter expert on real estate finance, loan underwriting and closing, and development processes to train staff. Applies subject matter expertise and portfolio knowledge to communicate decisions surrounding funding commitment and credit decisions clearly and concisely to internal and external stakeholders. Works to establish external and cross-Bureau/Departmental relationships that contribute to successful execution of housing finance transactions across the portfolio and help generate new funding opportunities in alignment with strategic affordable housing initiatives. Responsible for establishing underwriting standards and policies and procedures in accordance with federal funding requirements. Manages staff to ensure standards and metrics are being met. This position is Actively-Recruited and At Will.

Requirements

• Graduation from an accredited college or university with a Bachelor's Degree or higher is required.
• Five (5) years of real estate lending, credit decisions, or directly related experience is required.
• Three (3) years of prior supervisory experience is required.
• Valid driver's license and proof of automobile insurance is required.
• This position is considered a safety-sensitive position. Candidates who are selected to fill safety-sensitive positions must pass a required drug test as part of the pre-employment background check process.
• Skill in executing project management concepts and the ability to reconcile differences between disputing parties.
• Skill in communicating effectively in both verbal and written formats as appropriate for the needs of the audience.
• Ability to provide attention to detail while proofing and verifying complex data and transcribing and cross- referencing data.
• Knowledge of Federal Entitlement Housing program requirements.
• Knowledge of real estate financing requirements, invoicing procedures, and ownership structures.
• Ability to lead within the established objectives and make decisions regarding daily priorities and the application of technical/business processes for a work group or segment of a department.
• Ability to set overall direction and hold staff accountable for accomplishing work objectives by fostering positive relationships between employees, leadership, and stakeholders.
• Ability to use organizational and/or department objectives and goals to identify processes by which to meet those goals.
• Ability to manage professional and/or skilled support staff on a day-to-day basis.
• Must be legally authorized to work in the United States without sponsorship.

Responsibilities

• Manage the Department's housing loan portfolio and staff engaged in underwriting and approvals.
• Collaborates with senior management to align housing financing mechanisms with strategic affordable housing initiatives undertaken by the Department.
• Serves as a subject matter expert on real estate finance, loan underwriting and closing, and development processes to train staff.
• Applies subject matter expertise and portfolio knowledge to communicate decisions surrounding funding commitment and credit decisions clearly and concisely to internal and external stakeholders.
• Works to establish external and cross-Bureau/Departmental relationships that contribute to successful execution of housing finance transactions across the portfolio and help generate new funding opportunities in alignment with strategic affordable housing initiatives.
• Responsible for establishing underwriting standards and policies and procedures in accordance with federal funding requirements.
• Manages staff to ensure standards and metrics are being met.

Benefits

• Medical, Dental, and Vision
• Basic Term Life Insurance
• Pension Plan
• Deferred Compensation Program
• Employee Assistance Program
• Paid Holidays, Vacation, and Sick Time
• Voluntary Benefits
• You May Qualify for the Public Service Loan Forgiveness Program (PSLF)
• For eligible employees the County has a hybrid work environment which allows employees telecommuting and flexible scheduling options.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1-10 employees