Employer: Maryland Department of Housing and Community Development
HCD Financial Analyst I, Accountant I (052858)
Located in:Lanham, MD
Employment type:Full time Work arrangement:Hybrid
Salary:$75,475-$84,607/yr
Posted 14 hours ago
Minimum Qualifications
- : A Bachelor’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university.
- One year 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 ac
- Down Payment Assistant (DPA)
- Amortization process of loans in Residential Revenue Bond Indenture
- Accounting duties including billing, reporting and maintaining individual loans serviced
- Trustee
Preferences
- Mortgage servicing experience reconciling the bond series, analyzing servicer exception reports, cash receipts trustee download.
- Experience amortizing principal and interest payments.
- Experience working with foreclosures and loan modification.
Summary
This position requires knowledge of generally accepted accounting principles, complex financial management systems and mortgage loan sub-servicing. The ability to communicate effectively with other Accountants and interpret complex legal documents is essential. This position maintains the existing Single Family portfolio consisting of 4,000 Mortgage loans worth over $309 million and Master Servicer for Down Payment Assistant (DPA) Loans and reports accurate and timely information regarding these loans to senior management for inclusion in bond disclosures, CDA’s general ledger team, other CDA staff, CDA’s Single Family Sub-servicer and Trustee.
This position is responsible for the Single Family servicing and amortization process of loans in the Residential Revenue Bond Indenture. Accounting duties include billing, reporting and maintaining individual loans serviced.
Position
Work Arrangement
Hybrid—both office and work from home
Organization
Benefits
The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing of affordable housing and revitalizing communities.