A contractual Fund Analyst role within the Department of Housing and Community Development, Division of Finance and Administration, oversees a $187 million portfolio across venture capital, loan participation, loan guarantee, collateral support, and capital access programs. The position requires cross unit coordination and expertise in accounting, GAAS, and the Sarbanes-Oxley Act, with onsite work in Lanham, Maryland.
Responsibilities
- Servicing of a $187 million portfolio of venture capital programs, loan participation programs, loan guarantee programs, collateral support programs, and capital access programs provided by the Small Business Credit Initiative.
- Coordinate data from many units in the Department requiring an understanding of multiple technical areas including accounting, GAAS, and Sarbanes-Oxley Act of 2002.
- Apply knowledge of capital markets, mortgage products and execution methodologies, and underwriting.
- Asset management, grant/loan agreements and required stated and federal reporting.
- Debt management and compliance to State and Federal regulations and loan servicing.
Requirements
- Bachelor’s degree in Finance, Business Administration, Economics, Accounting or related field from an accredited college or university.
- Four years of professional financial analysis experience, such as managing financial asset and debt portfolios, examining, analyzing, and interpreting accounting, budget, grant or real estate investment portfolio records and reports by applying generally accepted accounting principles.
- A Certified Public Accountant (CPA) certification or documented eligibility to sit for the CPA Examination may be substituted for the educational requirement.
- A Master’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university may be substituted for two years of the required experience.
- Candidates may substitute one year of professional financial analysis experience for 30 credits on a year-for-year basis for the required education.
- Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting Officer classification or Financial Management specialty codes in the accounting field of work on a year-for-year basis for the required education and experience.
Benefits
- Contractual employees may be eligible for subsidized health benefits coverage for themselves and their dependents, with the employee paying 25% of premiums and the State subsidizing 75%.
- Optional dental coverage and accidental death and dismemberment insurance are available but require the employee to pay the full premium.
- Leave may be granted to a contractual employee who has worked 120 days in a 12-month period; leave accrues at one hour for every 30 hours worked, not to exceed 40 hours per calendar year.
Introduction
This is a contractual position with limited State of Maryland benefits. The Maryland Department of Housing & Community Development (DHCD) is a national leader in affordable housing and community development. The team seeks a strong manager with an accounting background and analytical skills to manage staff, review monthly reconciliations, and ensure deadlines are met. The selected candidate should demonstrate initiative, research, data analysis, and solution-oriented thinking.
Location of Position
7800 Harkins Rd, Lanham, MD 20706. 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. The offices are within walking distance to the New Carrollton MARC Train Station with ample parking.
Desired or Preferred Qualifications
- Experience managing federally funded loan programs
- Experience managing federally funded housing voucher programs
- Experience in the mortgage banking industry
Licenses, Registrations and Certifications
Employees in this classification may be assigned duties requiring operation of a motor vehicle. A motor vehicle operator’s license valid in the State of Maryland is required if such duties are assigned.
Salary
Compensation is offered at USD 44 - 47 per hour on a contractual basis.
Selection Process
Please provide sufficient information on your application to demonstrate that you meet the minimum qualifications for this recruitment. Unofficial transcripts, certifications or diplomas to document educational or certification qualifications are required. 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.
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.
Further Instructions
Online applications are strongly preferred. If you wish to submit a paper application, you may mail your application and materials to: Jamaal Simpson, Department of Housing and Community Development, Office of 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 jamaal.simpson@maryland.gov.
