Job Description

position

division/department

classification

nature of position

essential functions

• Managing workloads of the business development and underwriting staff, evaluating performance, and ensuring loan production goals are met.
• Represent CHFA and the division by serving on internal committees, cross-functional teams, and representing on external boards.
• Working closely with the Community Development management team to achieve divisional goals and organizational KPIs.
• Champion employee engagement that aligns with CHFA's vision, mission, values, and strategy within Department.
• Be the conduit between CHFA enterprise-wide strategic goals and Departmental strategy alignment.
• Lead the tactical implementation of CHFA's strategic plan and projects.
• Cultivate buy-in, collaboration, and actions needed by Department to achieve outcomes.
• Lead and report progress and barriers towards CHFA and Departmental KPIs.
• Champion and lead Departmental/cross-Departmental innovation including identifying areas of opportunity and the necessary resources. 
• Support an innovation mindset with team members and provide timely feedback to ideas. 
• Be visible, connected, and available to Department’s customers and stakeholders. 
• Cascade and implement Department’s customer and community engagement strategies.
• Elevate a shared-understanding of customer and stakeholder needs and opportunities relative to CHFA's mission and products, services, and strategy.
• Drive customer satisfaction through solicitation of feedback, responsiveness, and action. 

• Oversight of business development, outreach, and marketing efforts, consistent with divisional and organizational marketing strategy.
• Oversight of the underwriting process, ensuring project underwriting complies with the CHFA Community Development Lending Credit Policy and program guidelines.
• Oversight of the Proposition 123 Equity and Concessionary Debt (excluding Modular Factory Finance) selection and underwriting processes, ensuring adherence to program guidelines.
• Collaborating with the Finance and Legal divisions on deal-specific issues and program-related improvements.
• Coordinating and facilitating the weekly division loan committee meeting, ensuring timely preparation of materials and effective review of loan recommendations in preparation for Loan Committee and Board presentations.
• Maintaining an awareness of statewide economic market conditions affecting CHFA’s community development activities.
• Solid understanding of laws and regulations to ensure proper compliance and oversight on business processes.
• Manage departmental resources—inclusive of talent, time and technology—to deliver high performance.
• Be customer focused and expect high performance from the team, proactively identifying areas to adjust.
• Foster cross-Departmental coordination.
• Establish and oversee Departmental budget(s), reporting, and analysis that supports and informs financial planning and forecasting.
• Ensure tactical execution and adherence to financial plans and budgeting.
• Collaborate with other Departments to ensure product and/or program pricing is aligned with business goals.
• Ensure adherence to financial policies and controls.
• Lead Departmental and cross-Departmental (as appropriate) Risk Management in alignment with CHFA and Divisional risk appetite and risk tolerance:
  • Ensure business activities align with risk appetite and risk tolerance
  • Establish and maintain policies and procedures.
  • Establish and maintain regular cadence for risk evaluation and
  • strategy development.
  • Identify and elevate emerging risks timely, across all risk sectors.
• Other duties as assigned.

• Working with the State Office of Economic Development and International Trade (OEDIT) on issues related to CHFA’s administration of the Proposition 123 Affordable Housing Financing Fund.
• Reviewing loan programs on an ongoing basis for effectiveness, relevance, and competitiveness in the marketplace including new product opportunities.
• Serving as a resource on affordable housing through participation in workshops, conferences, meetings, and one-on-one contacts.
• Providing regular and ongoing marketing presentations to partners, including financial institutions, non-profit organizations, affordable housing organizations, and community leaders.

experience/education

• Bachelor’s Degree in Business Administration, Finance, Planning, or a related field, or demonstrated equivalent experience required 
• Successful candidate must possess a minimum of ten (10) years’ experience in commercial lending, with demonstrated experience in affordable housing and economic development 
• The candidate must have demonstrated knowledge in the use of state and federal commercial financing tools and enhancements, federal tax credit programs, federally insured programs, tax-exempt and taxable bond finance structures, and commercial loan underwriting 

how to apply

validation statement