HOUSING FINANCE SPECIALIST (MANAGEMENT SERVICES)

State of California; California (MO); Hybrid; USD 73,912 - 92,516; Full time

Job summary

State of California is seeking an Asset Management Specialist in Sacramento County to oversee the financial health and risk management of a portfolio of multifamily affordable housing developments. The role requires rigorous analysis of budgets, financial reports, audits, and portfolio performance to ensure compliance with federal, state, and agency regulations.

The position is permanent, full-time with hybrid telework and in-person attendance weekly at the Sacramento office; visa sponsorship is

Qualifications

• One year in mortgage operations at CalHFA at the Housing Finance Associate level.
• Three years of experience in the fiscal management of real property, including budgeting, hiring, purchasing, and accounting for profitability of projects for a sponsor, developer, or owner of rental housing, including at least one year of experience in the management of housing developments with more than 100 apartment units.
• A Master’s Degree in Planning, Economics, Government, Finance or a related field may be substituted for one year of the required experience.
• Graduation from college, preferably with a degree in planning, economics, government, finance or a related field. Additional qualifying experience may be substituted on the basis of one year of experience equals two years of college education.

Responsibilities

• Financial oversight and risk management of an assigned portfolio of multifamily affordable housing developments.
• Reviews, approvals, and analysis of operating budgets, financial reports, audits, and portfolio performance to ensure compliance with Federal, State, and Agency regulations.

Skills

Budgeting

Financial analysis

Portfolio management

Regulatory compliance

Education

Master's Degree in Planning/Economics/Government/Finance

Bachelor's degree in planning/economics/government/finance

Job description

Job Posting: Asset Management Specialist

Position: Asset Management Specialist

Salary: $6,623.00 - $8,290.00 per Month

Contract type: Permanent, Full Time

Location: Sacramento County

Telework: Hybrid

Application Deadline: Until Filled

Job Description and Duties

Under the direction of the Housing Finance Officer, the Housing Finance Specialist is responsible for the financial oversight and risk management of an assigned portfolio of multifamily affordable housing developments. The Specialist performs comprehensive reviews, approvals, and analysis of operating budgets, financial reports, audits, and portfolio performance to ensure compliance with Federal, State, and Agency regulations.

Working Conditions

Hybrid telework schedules are available. The amount of telework is at CalHFA’s discretion and is based on operational needs. In-person attendance will be required weekly. The office is located at 500 Capitol Mall, downtown Sacramento.

Visa sponsorship is not available.

Minimum Qualifications

• Either I: One year in the mortgage operations of the California Housing Finance Agency at a level of responsibility equivalent to that of Housing Finance Associate.
• Or II:
  • Three years of experience in the fiscal management of real property, including budgeting, hiring, purchasing, and accounting for profitability of projects for a sponsor, developer, or owner of rental housing, including at least one year of experience in the management of housing developments with more than 100 apartment units. A Master’s Degree in Planning, Economics, Business, Government, Finance or a related field may be substituted for one year of the required experience.
  • Education: Graduation from college, preferably with a degree in planning, economics, government, finance or a related field. Additional qualifying experience may be substituted on the basis of one year of experience equals two years of college education.
• Candidate must be on the eligibility list for the Housing Finance Specialist (Management Services) classification.

Special Requirements

• The Employment History section of the STD 678 Employment Application must be complete with accurate dates, hours per week, total time worked, duties performed, and supervisor contact information. Resumes or other documents do not substitute the STD 678.
• Applicants must submit all required documents to be considered.

Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability, gender, race, religious creed, sex, and sexual orientation.

All applicants are expected to behave in accordance with the State's objective of a drug‑free workplace.