What are the responsibilities and job description for the PORTFOLIO RISK OFFICER position at WHEDA?
WHY WHEDA?
WHEDA serves Wisconsin residents and communities by working with others to provide creative financial and technical resources to stimulate and preserve affordable housing, small businesses, and agriculture.
WHEDA values Equity, Diversity, and Inclusion as part of our culture.
WHEDA employees participate in the State of Wisconsin benefit package (https://www.wheda.com/about-wheda/careers/benefits). WHEDA offers an excellent benefits package that includes: Medical, Vision, and Dental Insurance, State Retirement plan; 457 Deferred Compensation, Group Term Life Insurance (and optional term life insurance for family members), Disability Insurance, paid sick leave, paid vacation time twenty eight (28) personal holiday hours, Twelve (12) paid legal holidays per year, tuition reimbursement program.
WHEDA is an equal opportunity and Affirmative Action employer seeking a diverse and talented workforce. Veterans are also encouraged to apply.
WHEDA employees may have the option to select a hybrid telework/flex schedule.
WHEDA is seeking a Portfolio Risk Officer to join our Risk and Compliance Department in our Madison facility.
Position Overview:
The Portfolio Risk Officer position is responsible for monitoring the risk component for a portion of WHEDA’s multifamily and economic development portfolio. This includes ensuring optional returns and minimal loss by measuring asset performance against budget targets, general market/competitor performance, and long‐term plans
SALARY: Hiring Range for this position is from $69,246 to $85,734 Annually. Offered Salary will be based on qualifications and internal pay equity. WHEDA provides a competitive salary and WHEDA employees participate in the State of Wisconsin benefit package which includes retirement, health insurance and deferred compensation programs.
ESSENTIAL DUTIES:
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QUALIFICATIONS:
- Bachelor’s degree in Business, Finance, Real Estate, Accounting, Economics or a closely related field AND 3 years of experience in commercial lending, portfolio management, or asset management; OR equivalent combination of education and work experience
- Advanced level in Microsoft Excel
KNOWLEDGE AND SKILLS:
- Portfolio and asset management principles, practices, and procedures
- Risk assessment principles and practices, including risk mitigation techniques
- · Knowledge of multifamily, economic development, and commercial lending programs
- · Finance and accounting principles, practices, and procedures
- · Underwriting principles, practices, and procedures
- · Financial and data analysis
- · Real estate market analysis and feasibility
- · Applicable Federal, State, and local laws, rules, and regulations
- · Attention to detail, and ability to troubleshoot for process improvement
- · Customer service principles
- · Excellent verbal and written communication skills, including preparation of business correspondence
- · Problem solving skills and ability to work under pressure
- · Successful prioritizing and management of work projects
- · Ability to work independently and efficiently
- · Maintains confidentiality related to internal/ external customers and any other information obtained.
APPLICATION DEADLINE: This position will remain open for 7 days.
Questions may be directed to whedahr@wheda.com.
This position is not eligible for a work-related immigration visa sponsorship.
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An Equal Opportunity Employer Operating Under an Affirmative Action Plan.
Salary : $69,246 - $85,734