Senior Financial Analyst

Senior Financial AnalystThe Housing Opportunities Commission of Montgomery County (HOC) was established in 1974 to better respond to the County's need for affordable housing. HOC is authorized to acquire, own, lease, and operate housing; to provide for the construction or renovation of housing; obtain financial assistance from any public or private source to assist its housing activities; and arrange for social services, resident services, and daycare.Job DescriptionThis is a professional position in the Real Estate Division responsible for conducting financial analysis of multifamily rental properties for both new construction and rehabilitation of existing properties as well as single-family properties as they relate to the Moderately Priced Dwelling Unit (MPDU) program. The responsibilities include preform preparation and other analysis for potential development activities including purchase and rehabilitation of existing rental properties, purchase of land, construction of multi-family mixed-income rental properties, structuring of financing program for acquiring MPDUs, and renovation/refinancing of operating properties within HOC's portfolio.The employee in this position requires a comprehensive knowledge of a broad spectrum of the principles and practices in the residential real estate field for single-family and/or multifamily rental units including real estate investment analysis, appraisal practices, market studies, underwriting practices, sources for equity and financing, the tax-exempt bond market and federal, state and local housing programs as appropriate for specific aspects the incumbent is assigned. The success or failure of the incumbent in carrying out the responsibilities assigned has an ongoing effect on the overall achievement of HOC's goal of increasing the supply of affordable housing in Montgomery County.The employee plans, organizes and controls most aspects of the work, providing regular status reports to the supervisor. The employee is expected to exercise sound and efficient judgment in the management and scheduling of the workload. Contacts are with employees throughout HOC and with members of the financial and real estate communities and with appropriate government officials. The employee in this class works in both a regular office setting and, occasionally, in the field, visiting rental developments or potential sites.Examples of Duties:Participate with "Development Teams" made up of HOC staff throughout the agency to plan and execute development activities.Prepare appropriate action documents for Commission agenda items related to developments.Prepare financial requests/applications to County/State for subsidy assistance.Prepare and review financial analyses of projects.Prepare an analysis of specific issues and alternatives i.e., income mix options and the financial impact of those options.Prepare and/or review budgets and scopes of service for incorporation in professional service agreements.Perform other related duties as assigned.Prepare Real Estate Division budgets, Capital Improvement Programs, and other Divisional requirements related to agency financial planning.Minimum Qualifications:Education:Graduation from an accredited college or university with a Bachelor's degree in finance or a related field (Master's degree preferred).Experience:At least five years of increasingly responsible experience in the field of real estate planning and development.Knowledge, Skills and Abilities:Requires a comprehensive, working knowledge of all aspects of residential real estate development and real estate investment analysis.Knowledge of the various sources for financing real estate.Knowledge of tax-exempt bonds and low-income housing tax credits.Knowledge of appraisal and market study practices.Knowledge of underwriting practices.Knowledge of local, state, and federal housing programs.Knowledge of Excel software to perform financial analysis, development and operating budgets of housing developments, and prepare and develop reports for the Commission or storage of appropriate data.Ability to communicate clearly both orally and in writing.Ability to deal with people tactfully, effectively, and equitably with people.

* Grade 27: Min: $81,196 Mid: $108,136 - Max: $136,229 | Salary determined by departmental budget- Offer commensurate with experienceHOC is an equal-opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. HOC promotes a drug-free workplace.HOC conducts criminal background checks, employment reference checks, and where applicable, reviews driving records in determining suitability for employment. Selected applicants will be required to submit to pre-employment drug and alcohol screening. Employment is contingent upon drug and alcohol test results.