Director, Multifamily Asset Management (045571) (Program Manager Sr. II)

DGS Office of External Affairs; Maryland; On-site; USD 120,000 - 180,000; Full time

Job summary

The Maryland Department of Housing and Community Development seeks a Director of Multifamily Asset Management to lead the Division of Credit Assurance. This senior role oversees a team responsible for monitoring the physical and financial condition of multifamily affordable housing and guiding risk management and enforcement activities.

You will report to the DCA Deputy Director and provide strategic direction on asset management, mortgage insurance programs, and divisional administration.

Qualifications

• Bachelor's degree from an accredited college or university
• At least four years of experience in underwriting, credit analysis, servicing, compliance, asset management or risk mitigation at a state or Federal housing agency or lending institution
• At least two years in a management, supervisory, or leadership capacity
• Experience underwriting or asset managing commercial loans or multifamily affordable housing projects
• Experience with Federal affordable housing programs such as Risk-Sharing, HOME, USDA Rural Development, LIHTC, Section 8

Responsibilities

• Oversee a team responsible for monitoring the physical and financial condition of multifamily affordable housing projects.
• Conduct compliance reviews, analyze risk, and manage loan workouts and enforcement activities.
• Provide strategic guidance on asset management, mortgage insurance programs, and divisional administration

Skills

Underwriting

Credit analysis

Servicing

Compliance

Asset management

Risk mitigation

Leadership

Education

Bachelor's degree

Job description

The Director of Multifamily Asset Management is a senior leadership position within the Maryland Department of Housing and Community Development's Division of Credit Assurance. This role oversees a team responsible for monitoring the physical and financial condition of multifamily affordable housing projects, conducting compliance reviews, analyzing risk, and managing loan workouts and enforcement activities. The director reports to the DCA Deputy Director and provides strategic guidance on asset management, mortgage insurance programs, and divisional administration.

Key qualifications:

• Bachelor's degree from an accredited college or university
• At least four years of experience in underwriting, credit analysis, servicing, compliance, asset management or risk mitigation at a state or Federal housing agency or lending institution
• At least two years in a management, supervisory, or leadership capacity
• Experience underwriting or asset managing commercial loans or multifamily affordable housing projects
• Experience with Federal affordable housing programs such as Risk-Sharing, HOME, USDA Rural Development, LIHTC, Section 8