Senior Underwriter/Project Manager

New York Housing Trust Fund•New York, NY

About The Position

The Senior Project Manager for Homeownership Development Initiatives will play an essential role in implementing Governor Hochul’s vision for housing opportunity in New York State. This is an exciting opportunity to build upon previous experience with housing finance to implement innovative solutions to help more New Yorkers access affordable, high quality homeownership opportunities.

Requirements

Bachelor's degree and 3-5years of experience in a real estate development finance or project management role, preferably with a focus on homeownership development. Master’s degree in an urban planning or finance related field preferred.
Demonstrated understanding of real estate finance and underwriting. Experience with homeownership development preferred.
Demonstrated interest in the relationship between housing development and community revitalization.
Understanding of how to work effectively in and with diverse communities.
Skill and experience in developing solutions and systems to address programmatic challenges.
Demonstrated experience working independently and exercising good judgment without constant supervision.
Ability to communicate effectively both orally and in writing with attention to detail and professionalism in all communications.
Well organized and self-motivated with ability to work under pressure, while prioritizing and managing multiple tasks and projects.
Comprehensive experience with Microsoft Office and general comfort with technology. Fluency with Word and Excel is essential.

Responsibilities

Underwrite loans using multiple sources, including detailed pro forma development and analysis of due diligence items.
Collaborate with government, private, and non-profit partners to deliver high quality projects that create truly affordable homeownership opportunities
Adapt quickly to solve problems and fix roadblocks
Provide and direct technical assistance to eligible program applicants and awardees to ensure comprehension of program regulations, requirements, and the application and funding processes.
When applicable, participate in review and scoring of program-related applications and assist with award notification/declination process, and other grant administration activities.
Draft memos, correspondence, reports, manuals, presentations, or other documents as needed.
Carry out routine office activities.
Attend, participate, conduct presentations and/or assist with preparation for meetings, conferences, webinars, and workshops.

Benefits

Extensive benefits package including paid leave, including excellent health, dental, vision and retirement benefits [https://www.osc.state.ny.us/retirement] with the New York State & Local Employees’ Retirement System.
Promotional opportunity for dedicated professionals
Work life balance benefits including a 37.5 hour work week and paid time off benefits including, vacation, sick, personal days, and Federal Holidays
Opportunity for compressed scheduling
12 weeks of Paid Parental Leave
Paid Family Leave
Opportunity for compressed/flextime scheduling
As a New York State employee, you may qualify to participate in the Federal Public Service Loan Forgiveness Program [https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service] (PSLF). The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under an accepted repayment plan [https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service#qualifying-repayment-plans] and while working full-time for an eligible [https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service#qualifying-employment] employer.
Cash in for Wellness! This program provides you with the option of buying or renewing a health club membership of your choice or enrolling in a weight loss and or smoking cessation program, using your sick leave accruals.
Tuition reimbursement program – for job related and non-job related courses
Vacation Leave Buy-Back program – Subject to approval, every year eligible employees may exchange previously earned and accrued vacation time in return for cash compensation (at employee’s daily rate of pay at time of exchange)
Access to Plum Benefits – savings on movie tickets, theme parks, hotels, tours, Broadway shows and more!
Optical reimbursement program – Employees are eligible for optical, hearing aid, and podiatric expenses not otherwise covered by insurance, with a maximum aggregate amount of $650 per year, per family. Unused yearly balances may be carried over to the next year for a maximum of $1300