What are the responsibilities and job description for the Assets Manager (Program Manager II) - Grade 25 position at Montgomery County Government?
About The Position
The expected salary range for this role on hire is: $77,629 - $120,100
Who We Are
Department of Housing and Community Affairs (DHCA) works to preserve and increase the supply of affordable housing; maintain existing housing in a safe and sanitary condition; preserve the safety and quality of residential and commercial areas; ensure fair and equitable relations between landlords and tenants; and support the success of common ownership communities – all with a focus on reducing racial inequities and climate change impacts.
Who We Are Looking For
Department of Housing and Community Affairs’ ( DHCA ) is looking for a Program Manager II candidate to oversee, manage, analyze, and ensure regulatory compliance for the DHCA multifamily affordable housing loan portfolio and other loan programs designed to support common ownership communities and small multifamily properties.
What You'll Be Doing
This position is responsible for administering, managing, analyzing, and enforcing regulatory compliance for all aspects of the Department of Housing and Community Affair’s (DHCA) overall multifamily affordable housing loan portfolio and other loan programs provided to assist common ownership communities and small multifamily properties. The position requires professional loan servicing and financial management for those loans funded with Federal, State, and County resources . The position involves data entry, collection, compiling, analysis, and reporting related to DHCA’s housing loan status and tracking. The position is expected to monitor affordability compliance for thousands of income-restricted housing units and ensure borrowers meet the requirements of their regulatory agreements.
Experience: Thorough five (5) years professional experience in a program/specialization area directly related to financial data, loan management, regulatory compliance and legal procedures .
Education: Graduation from an accredited college or university with a Bachelor's Degree .
Equivalency: An equivalent combination of education and experience may be substituted.
Preferred Criteria, Interview Preferences
Preference for interviews will be given to applicants with experience in the following:
The Office of Human Resources (OHR) reviews the minimum qualifications of all applicants, irrespective of whether the candidate has previously been found to have met the minimum requirements for the job or been temporarily promoted to the same position. This evaluation is based solely on the information contained in the application/resume submitted for this specific position.
Montgomery County Government(MCG) is an equal opportunity employer, committed to workforce diversity. Accordingly, as it relates to employment opportunities, the County will provide reasonable accommodations to applicants with disabilities, in accordance with the law. Applicants requiring reasonable accommodation for any part of the application and hiring process should email OHR at OHR@montgomerycountymd.gov . Individual determinations on requests for reasonable accommodation will be made in accordance with all applicable laws.
MCG also provides hiring preference to certain categories of veterans and veterans/persons with a disability. For more information and to claim employment preference, refer to the Careers webpage on Hiring Preference .
All applicants will respond to a series of questions related to their education, relevant experience, knowledge, skills, and abilities required to minimally perform the job. The applicant's responses in conjunction with their resume and all other information provided in the employment application process will be evaluated to determine the minimum qualifications and preferred criteria or interview preference status. Based on the results, the highest qualified applicants will be placed on an Eligible List and may be considered for an interview. Employees meeting minimum qualifications who are the same grade will be placed on the Eligible List as a "Lateral Transfer" candidate and may be considered for an interview.
This will establish an Eligible List that may be used to fill both current and future vacancies.
If selected for consideration for this position, you may be required to provide evidence that you possess the knowledge, skills, and abilities indicated on your resume.
Montgomery County Ethics Law : Except as provided by law or regulation, the County's "Public Employees" (which does not include employees of the Sheriff's office) are subject to the County's ethics law including the requirements to obtain advanced approval of any outside employment and the prohibitions on certain outside employment. The outside employment requirements of the ethics law can be found at 19A-12 of the County Code . Additional information about outside employment can be obtained from the Ethics Commission website.
The expected salary range for this role on hire is: $77,629 - $120,100
Who We Are
Department of Housing and Community Affairs (DHCA) works to preserve and increase the supply of affordable housing; maintain existing housing in a safe and sanitary condition; preserve the safety and quality of residential and commercial areas; ensure fair and equitable relations between landlords and tenants; and support the success of common ownership communities – all with a focus on reducing racial inequities and climate change impacts.
Who We Are Looking For
Department of Housing and Community Affairs’ ( DHCA ) is looking for a Program Manager II candidate to oversee, manage, analyze, and ensure regulatory compliance for the DHCA multifamily affordable housing loan portfolio and other loan programs designed to support common ownership communities and small multifamily properties.
What You'll Be Doing
This position is responsible for administering, managing, analyzing, and enforcing regulatory compliance for all aspects of the Department of Housing and Community Affair’s (DHCA) overall multifamily affordable housing loan portfolio and other loan programs provided to assist common ownership communities and small multifamily properties. The position requires professional loan servicing and financial management for those loans funded with Federal, State, and County resources . The position involves data entry, collection, compiling, analysis, and reporting related to DHCA’s housing loan status and tracking. The position is expected to monitor affordability compliance for thousands of income-restricted housing units and ensure borrowers meet the requirements of their regulatory agreements.
- Management of the Department’s loan portfolio and financial assistance is a collaborative effort that involves successfully working with a wide range of internal and external stakeholders, including the Office of the County Attorney (OCA), Department of Finance, Office of Management and Budget (OMB), the Housing Opportunities Commission (HOC), as well as loan borrowers, title companies, and property managers.
- Collaboration with various programs across the Department, including the Grant Management and Finance sections under DHCA’s Finance and Administration Division, Multifamily Team and Affordable Housing Program in the Housing Development Division, the Office of Common Ownership Communities (OCOC) and Neighborhood Revitalization Program in the Community Development Division, and the IT section under the Director’s Office on loan projects that include County and Federal support for affordable housing loans, rental agreements, Payments in Lieu of Taxes (PILOTs), and other financial assistance.
- This position requires a high level of proficiency in analyzing complex financial data and reports for loan management responsibilities. It involves analyzing annual audited financial statements, particularly for cash flow loans, whose monthly and annual repayments must be accurately documented, monitored , processed, and, if necessary, referred for legal action.
- Loan management also includes preparing loan modifications, write-offs, estoppel certificates, releases, tracking and confirming payments, and assessing the overall status of the portfolio
Experience: Thorough five (5) years professional experience in a program/specialization area directly related to financial data, loan management, regulatory compliance and legal procedures .
Education: Graduation from an accredited college or university with a Bachelor's Degree .
Equivalency: An equivalent combination of education and experience may be substituted.
Preferred Criteria, Interview Preferences
Preference for interviews will be given to applicants with experience in the following:
- Demonstrated expertise in analyzing complex financial data and reports, particularly in the context of loan management.
- Proven ability to manage loan portfolios, including the accurate documentation, monitoring, and processing of monthly and annual repayments. Skilled in preparing and executing loan modifications, write-offs, estoppel certificates, and releases.
- Knowledge of legal procedures and actions related to loan management, including when to refer cases for legal action.
- Familiarity with compliance standards and regulations pertaining to loan documentation and management. Experience working with government agencies or public sector organizations.
- Strong analytical skills with the capability to identify discrepancies, assess financial health, and provide actionable insights.
- Excellent communication skills, both written and verbal, with the ability to convey complex information clearly to diverse audiences.
The Office of Human Resources (OHR) reviews the minimum qualifications of all applicants, irrespective of whether the candidate has previously been found to have met the minimum requirements for the job or been temporarily promoted to the same position. This evaluation is based solely on the information contained in the application/resume submitted for this specific position.
Montgomery County Government(MCG) is an equal opportunity employer, committed to workforce diversity. Accordingly, as it relates to employment opportunities, the County will provide reasonable accommodations to applicants with disabilities, in accordance with the law. Applicants requiring reasonable accommodation for any part of the application and hiring process should email OHR at OHR@montgomerycountymd.gov . Individual determinations on requests for reasonable accommodation will be made in accordance with all applicable laws.
MCG also provides hiring preference to certain categories of veterans and veterans/persons with a disability. For more information and to claim employment preference, refer to the Careers webpage on Hiring Preference .
All applicants will respond to a series of questions related to their education, relevant experience, knowledge, skills, and abilities required to minimally perform the job. The applicant's responses in conjunction with their resume and all other information provided in the employment application process will be evaluated to determine the minimum qualifications and preferred criteria or interview preference status. Based on the results, the highest qualified applicants will be placed on an Eligible List and may be considered for an interview. Employees meeting minimum qualifications who are the same grade will be placed on the Eligible List as a "Lateral Transfer" candidate and may be considered for an interview.
This will establish an Eligible List that may be used to fill both current and future vacancies.
If selected for consideration for this position, you may be required to provide evidence that you possess the knowledge, skills, and abilities indicated on your resume.
Montgomery County Ethics Law : Except as provided by law or regulation, the County's "Public Employees" (which does not include employees of the Sheriff's office) are subject to the County's ethics law including the requirements to obtain advanced approval of any outside employment and the prohibitions on certain outside employment. The outside employment requirements of the ethics law can be found at 19A-12 of the County Code . Additional information about outside employment can be obtained from the Ethics Commission website.
Salary : $77,629 - $120,100
