Senior Homeownership Portfolio Analyst

Compensation Grade:

13

BASIC PURPOSE:
 

Serves as part of the first line of defense, evaluating, underwriting, funding, and managing the Community Investment Services and its affordable housing Homeownership and multi-family programs objectives. Through timely and thorough underwriting, this role supports the Bank’s strategy to maintain and expand member and project sponsor relationships. This position identifies and mitigates risk in existing and proposed transactions.
This position also works directly with management and teammates in Risk Management; Client Coverage, and other areas of the Bank to lead the analysis of Homeownership and Rental project opportunities, underwriting of credit exposure, and management of the AHP Homeownership, rental and CICA portfolios, and relationships while providing effective outcomes.

ESSENTIAL FUNCTIONS:

• Responsible for the production of Rental and Ownership products and programs to include, application intake, underwriting, processing, decision making, and disbursement functions in accordance with federal regulations, department procedures and policies, performance objectives, and administrative requirements.

• Responsible for the intake, processing and funding functions of the Affordable Housing Program, Community Investment Program/Economic Development Program, and other community investment service products.

• Acts as backup to Homeownership Portfolio Manager and may direct the effective daily management of a team responsible for a pipeline of projects funded by the Bank’s Community Investment Services programs and products. May schedule and assign work, provide directional leadership regarding delegation and prioritization of work, and establish account responsibilities within the team structure, while ensuring the efficient use of team resources.

• Establishes positive and effective relations with Bank members, developers, intermediaries, and other persons and entities to ensure successful pipeline management, sales, and communication outcomes.

• Designs, collects, and uses program outcome metrics to support the department’s efforts to deliver on its commitment to service excellence. Reviews and recommends appropriate risk measurement, risk assessment, management, mitigation, and reporting processes.

• Works with management to develop and execute procedures and practices by which new and existing programs will be evaluated in accordance with establish criteria.

• Develops technical solutions to new or highly complex problems that cannot be solved using existing methods or approaches. Promotes those solutions with a successful outcome to management.

• Provides feedback and input on problems and challenges that are complex and impact the business and operational objectives of the Bank.

• Develops and promotes feasible process improvement, resource deployment, quality control, and/or automation concepts and ideas that advance the department’s Performance Metric and Business Standards environment.

• Prepares, supervises, approves, and performs the preparation of in-depth feasibility and subsidy evaluation of assigned Affordable Housing Program projects and community development programs, including applications, takedowns, modifications, progress reports, and extensions using the Bank’s format of valuation methodology to estimate loan quality, valuation, and ensure compliance with Bank policy, procedures, and regulations.

• Presents analysis or report before committee, as required.

• Ensures Affordable Housing Program, Homeownership Set-Aside Program, Community Investment/Economic Development, and other community investment service product documentation complies with Bank policies and procedures.

• Reviews, analyzes, and interprets financial data contained in project proformas, sources and uses statement and development budgets, and makes funding recommendations.

• Reviews and interprets language in loan closing documents such as promissory notes, closing statements, deeds, etc., that indemnify the Bank and its members against potential losses.

• Responsible for the development, design, enhancement, and maintenance of comprehensive financial spreadsheets, models, and form templates to facilitate the analysis and monitoring of the Bank’s Affordable Housing Program.

• Prepares periodic performance assessment of direct reports to assist the Portfolio and Production Manager in the preparation of annual performance appraisal reviews.

• Manages and provides technical assistance to members and project sponsors regarding lending and disbursement procedures and regulatory requirements.

• Participates in system elaboration and user acceptance testing for department systems.

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