HCD Financial Manager II, Deputy Director, CDA Finance (522562)

The Deputy Director of CDA Finance is responsible for the management of the accounting and financial operations for over $6 billion in assets and liabilities. The Deputy Director partners with the Director to secure approximately $1 billion in tax-exempt and taxable bond financing each year to fund CDA’s core single family and multi-family affordable housing programs; deliver complex financial analysis and projections; prepare and review disclosures to investors and rating agencies; oversee annual bond indenture financial audits and the preparation of quarterly interim financial statements; manage accounting and finance personnel; and handle the active management of liquidity needs and investment recommendations with appropriate maturities and risk profiles.

This is a highly complex and technical position. The position’s job duties are designed to support and enhance CDA’s mortgage lending functions. The position requires experience and expertise in loan and investment accounting, financial analysis of mortgage loan and investment portfolios, derivative management, management of mortgage revenue bond portfolios, specialized financial and accounting software, and mortgage lending. It requires an understanding of general and highly specialized accounting and finance – including generally accepted accounting principles, complex financial management systems, bond debt servicing, loan servicing, and real estate finance. The position also requires extensive knowledge in mortgage lending. The ability to interpret complex financial information and legal documents, mortgage lending practices and policies, and accounting pronouncements, and to translate this information into complex financial models is essential. Finally, this position is also responsible for staff leadership and for the development of and compliance with accounting policies and procedures that meet the fiduciary responsibilities of CDA.