Housing Financial Analyst

Housing Financial Analyst

General Summary:

Reviews and analyzes applications, reservations, and disbursements for various programs. Analyzes the performance of all projects to ensure compliance with their approved Affordable Housing Program (AHP) application, FHLB policies and Federal Housing Finance Agency regulations. Thinks independently to present data, conclusions, and recommendations taking into account regulations, policies, and guidelines. Collaborates with other FHLB staff, Members and Project Sponsors, and works with a significant amount of autonomy to meet expected deadlines with minimum supervision.
Principal Duties and Responsibilities:

• Responsible for providing programmatic assistance to Members, Sponsors, housing developers, and project owners regarding the use of various FHLB Housing and Community Investment (HCI) programs.
• Performs comprehensive underwriting and analysis of applications, reservations, and disbursements for program eligibility, financial feasibility, and scoring assessment. Demonstrates the ability to evaluate data quickly, make decisions based on imperfect data, and works closely with stakeholders to resolve discrepancies in order to move requests forward.
• Collaborates with Members, Sponsors, and project Owners to resolve compliance and/or financial issues through the development and implementation of action plans.
• Provides training, presentations, webinars, and technical assistance to Members, Sponsors, non-profit housing providers, for-profit developers, consultants, and other customers utilizing the AHP program and other HCI programs as a part of ongoing HCI outreach efforts.
• Assists with testing of the AHP online application and related forms for accuracy and consistency with the AHP Implementation Plan.
• Collaborates with Credit as necessary to effectively evaluate a funding/disbursement request.
• Maintains and updates HCI program documentation and procedures on an annual basis and provides recommendations for changes to the AHP Implementation Plan scoring components and policies.
• May assist with the administration of one or more HCI programs.
• Contributes to the efficiency of department by completing all duties in a timely manner and performing other duties as assigned.

Minimum Knowledge, Skills and Abilities:

• Knowledge at a level normally acquired through completion of a Bachelor's Degree in accounting, finance or related field or equivalent experience is required.
• Prior experience as a loan underwriter, loan originator/processor, housing developer, compliance analyst or related activity is preferred.Familiarity with affordable housing financing structures preferred.
• Beginner to intermediate analytical skills necessary to gather and interpret data and prepare reports.
• Excellent verbal and written communications skills including interpersonal skills necessary to interact effectively and persuasively with internal and external contacts.
• Ability to handle sensitive and confidential information and continually demonstrate professionalism, tact and diplomacy.
• Ability and willingness to speak publicly is required.
• Preferred knowledge of affordable housing development, regulations and policy; public and private financing sources available, the Low Income Housing Tax Credit Program, various Housing and Urban Development programs, state housing finance agency programs and other public grant programs.
• Working knowledge of Word, CoPilot, Excel, Access and PowerPoint, and the ability to manage information in comprehensive databases.
• Demonstrates interests in working with a variety of backgrounds and perspectives that align with the Bank’s core value. Promotes an environment of empathy and respect to ensure the inclusion of all team members.

Working Conditions:
Flexibility to meet tight deadlines as required.  Some work outside of office environment, including some overnight travel, may be required.