HOUSING FINANCE MANAGER (PLANNING AND DEVELOPMENT) – ACTIVELY RECRUITED

Full-time Shift Start Time:  8:30 A.M.   Shift End Time:  4:30 P.M.

Posting Salary: $103,567 – $114,424/Yearly

Organization:  Offices Under the President

Job Summary:

Under the direction of the Deputy Director, directs, manages and supervises daily operations of Housing Finance projects from initiation to maturity ensuring compliance in accordance with scope, budget and schedule and all mandatory requirements and regulations.  Reviews and troubleshoots finance projects, processes, relevant invoices and ensures housing unit marketing compliance.  Analyzes projects for compliance with County priorities and strategies as outlined in the Consolidated Plan and Action Plans as well as for financial feasibility and market conditions.  Facilitates development and execution of agreements and related loan/property closings; participates in bidding/procurement; and contractor selection as required.  Coordinates with internal County departments to advance and execute Housing projects.  Performs other duties as assigned.

This position is Actively Recruited and At Will.

This is a Grant Funded position.

Minimum Qualifications

• Graduation from an accredited college or university with a bachelor’s degree in Business Administration, Finance or Economics is required.
• Two (2) years of professional work experience in Real Estate Lending, Credit Decisions or Management within a Lending Environment is required.
• Three (3) years of professional work experience underwriting Real Estate, Middle Market and Commercial Credit with progressive credit decision and Loan Approval Authority including affordable housing is required.
• Experience and Practical Application with U.S. Housing Urban Development (HUD) financing, Low Income Tax Credit Investment or Municipal Bonds is required.
• Valid driver’s license and proof of insurance is required.
• Must be available to travel moderately in the state and outside of the state of Illinois is required.

Preferred Qualifications

• Graduation from an accredited college or university with a Master’s degree in Business Administration, Planning or Public Policy.
• Certification in Housing Urban Development (HUD), HOME Regulations, Administration or Single-Family Rehabilitation.
• Five (5) years Underwriting and Credit Decision making.
• Three (3) years Managing Credit authority and decision making in Real Estate, Commercial or Middle Market.

PURSUANT TO EXECUTIVE ORDER 2021-1 AND COOK COUNTY’S MANDATORY COVID-19 VACCINATION POLICY, THE SELECTED CANDIDATE WILL BE REQUIRED TO EITHER SUBMIT PROOF OF FULL VACCINATION OR A REQUEST FOR REASONABLE ACCOMMODATION PRIOR TO THE START OF EMPLOYMENT. PLEASE CLICK THE FOLLOWING HYPERLINKS FOR THE FULL TEXT OF EXECUTIVE ORDER 2021-1 AND THE COOK COUNTY MANDATORY COVID-19 VACCINATION POLICY.

Executive Order 2021-1 Vaccination Policy

Mandatory COVID-19 Vaccination Policy

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.

https://www.cookcountyil.gov/sites/default/files/service/drug-and-alcohol-policy.pdf

Candidates who are contacted will be required to produce original required documents (e.g., current driver’s license, diploma, school transcript, certifications, etc.) listed on the Notice of Job Opportunity within five (5) days of being extended an offer, in writing, by the Bureau Chief of BHR (or designee). Candidates will be notified of how to submit the required document.

*Degrees awarded outside of the United States with the exception of those awarded in one of the United States territories and Canada, must be credentialed by either the World Education Services (WES) or Educational Credential Evaluators (ECE).

KNOWLEDGE, SKILLS, ABILITIES AND OTHER CHARACTERISTICS

Thorough knowledge of Federal Entitlement Housing program requirements. Strong knowledge of the requirements needed for existing Federal and State Housing grant/loan programs. Knowledge of real estate financing requirements, invoicing procedures and ownership structures. Knowledge of the rules and regulations related to Fair Housing, environmental reviews, Uniform Relocation Act, Davis Bacon, Section 3, HUD and the Americans with Disabilities Act. Knowledge of Microsoft Office Suite and HUD, Grant Funding Systems including IDIS, DRGR, HEROES. Knowledge of CHDO certification and operating assistance procedures. Knowledge of procurement practices and when/how to use them appropriately. Skill executing project management concepts with the ability to reconcile differences between disputing parties. Skill communicating effectively in both verbal and written formats as appropriate for the needs of the audience. Skill identifying the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. Ability to maintain the highest confidentiality of all information and records. Ability to effectively coordinate and collaborate with others who are internal and external to the County. Ability to underwrite Low Income Housing Tax Credits transactions, manage processes and meet deadlines. Ability to provide attention to detail while proofing and verifying complex data and transcribing and cross- referencing data. This position requires moderate to extensive travel to work assignments throughout Cook County for which the employee must provide his/her own adequate means of transportation.

Physical Requirements

Light Work

Light Work involves exerting up to 20 pounds of force occasionally or up to 10 pounds of force frequently, or a negligible amount of force constantly to lift, carry, push, pull, or otherwise move objects. Even though the weight lifted may be only a negligible amount, a job/occupation is rated Light Work when it requires: (1) walking or standing to a significant degree; (2) sitting most of the time while pushing or pulling arm or leg controls; or (3) working at a production rate pace while constantly pushing or pulling materials even though the weight of the materials is negligible.

The duties listed are not set forth for purposes of limiting the assignment of work.  They are not to be construed as a complete list of the many duties normally to be performed under a job title or those to be performed temporarily outside an employee’s normal line of work.

Benefits Package

Medical, Dental, and Vision Coverage
Basic Term Life Insurance
Pension Plan and Deferred Compensation Program
Employee Assistance Program
Paid Holidays, Vacation, and Sick Time
You May Qualify for the Public Service Loan Forgiveness Program (PSLF)
For further information on our excellent benefits package, please click on the following link:

http://www.cookcountyrisk.com/

*This position requires successful completion of post-offer tests, which may include a background check, drug screen and medical examination.

Falsification of any information in the application process will result in disqualification, dismissal after hire, and/or placement on the County’s Ineligible for Rehire List for a period of two (2) or five (5) years. For current County employees, such falsification may result in discipline, up to and including termination, and placement on the County’s Ineligible for Rehire List for a period of two (2) or five (5) years. See Cook County Code of Ordinances, Article II, Sections 44-54 Unlawful Practices Relating to Employees and Employment – Penalty, 44-56 Political Discrimination; Cook County Employment Plan, Section V.N. Pre-Interview License and Certification Verification; Supplemental Policy No. 2014-2.13 Ineligible for Rehire List; and Cook County Personnel Rules 3.3(b) (7) (d)

EEO Statement

Cook County Government is an Equal Employment Opportunity (“EEO”) employer. Cook County prohibits illegal discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to race, color, sex, age, religion, disability, national origin, ancestry, sexual orientation, marital status, parental status, source of income, housing status, military service or discharge status, gender identity, genetic information, or any other protected category established by law, statute or ordinance as further defined in Chapter 44. Human Resources, Article II. Personnel Polices, Section 44-53 of the Cook County Code of Ordinances and Chapter 42. Human Relations, Article II. Human Rights, Section 42-35 of the Cook County Code of Ordinances.

NOTE: As an internal candidate, should you be offered the position, salary allocations shall abide by the Cook County Personnel Rules.

*Must be legally authorized to work in the United States without sponsorship.

Social Media Disclaimer

The County’s hiring process is governed by the Cook County Employment Plan which prohibits employment actions from being influenced by any Political Reasons or Factors for Non-Exempt Positions. The advertisement of this position by any individual does not constitute an offer or promise of employment, promotion, or any other employment action and shall not influence the County’s hiring decision. Cook County officials and employees who become aware of or receive a complaint that involves an allegation of Political Reasons or Factors being considered in the hiring process of Non-Exempt positions are obligated to refer the complaint to the Cook County – Office of the Inspector General. If the Cook County Inspector General sustains allegations of Political Reasons or Factors being considered, Cook County will disqualify the Applicant or Candidate from consideration for employment and disciplinary action will be imposed on any involved Cook County employees, if applicable.