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Senior Development Officer - Asset Management Team Manager

Company: CTI Education Group
Location: San Jose
Posted on: February 24, 2021

Job Description:

Job Description - Senior Development Officer - Asset Management Team Manager (Housing Department) (2100096) About the Department The City of San Jos-- Housing Department is a leader in the development of affordable housing. Its mission is to strengthen and to revitalize our community through housing and neighborhood investment. -- The Housing Department provides loans for the development of affordable housing and manages a portfolio of over 17,000 housing units with a total value that exceeds $700 million. The City Council has a goal of creating 25,000 housing units, 10,000 of which will be affordable. The Housing Department has an operating budget of approximately $16.5 million and 86 employees. Positions & Duties T h e H o us i n g D e pa rt m en t's Residential Development Division-- p r o v id e s l oa n s f o r t h e de v e l op m en t o f multifamily affordable-- h o u s in g i n S a n J os e. T h e D e pa r t me n t a l s o has a portfolio single family loans-- t o l o w - a n d mo d e r a t e - i n c om e ho u s e hol d s. As a r e su l t o f al m o s t 2 0 y e a rs o f t h i s sp e ci a li z e d le n di n g , t h e D ep a rt m e n t h a s a c c u m ul a t e d a lo a n p o rtf o l i o o f o v e r 1 , 40 0 l o an s w i th a t o t a l v a l u e o f m o re t h a n $ 60 0 m i ll i on . Wi th p r oj e c ts c u rr en t l y und e r c o n s tr u c t io n , t h e po r t f ol i o i s e x p e c t e d to g r o w to over $7 5 0 m il l io n i n t h e n ex t 1 8 m o n t h s . A l l lo a n s in c lu d e a r eq u i r e m en t t ha t t h e un i ts r e ma i n a ff o r d a bl e to l o w- o r m o de r a t e - i n c om e h ou s eh o ld s f o r a n e x t e nd e d p e r io d o f t i m e , t y pi c al l y 5 5 y ea r s , a n d t h o s e a ff o r dab i li t y r e s tr i c t i on s a re m o n i t o r e d f o r c o mp l ia n ce . T hi s p o si t io n in the Residential Development Division w i l l r ep o rt to a Division Manager w h o a ls o o v e r s e e s al l o f t h e affordable housing production, preservation, inclusionary housing and asset management . T h e SrDO i s a m id - m a n age m e n t l e ve l po s i t i o n r e s p on s ib l e f o r m a nag i n g-- Asset Management team (multi-family and single family) of four - eight members . K e y r e s po n si b il i t i e s f o r t h i s p os i t i o n i n cl u de :

  • S u c c e s s f ul l y m a n agi n g t h e Asset Management Team-- b y c r e a t i n g a po s i t i v e w o rk e nv i r on m e n t an d e n s u r i n g a c c u r a te a n d t i m el y c o mp l e t i o n o f m u l t i pl e t e c hni c a l t a s k s
  • As requested, n e g o t i a t in g w i th f o r- p r o f i t a n d n o np r o f i t d ev e lo p e rs o n l oa n w o r k o u ts
  • C o l le c t in g a n d r e p o rt i n g m on t h l y qu a rt e r l y d a ta o n t h e l o a n p o rtf o l i o an d co l le c t i o n i s s u e s
  • C o l lab o r a t i n g w i th m an a ge rs fr o m o t h e r p r o g r a m s to d e v e lo p s m oo th tr a n si t ion s between various teams with the Residential Development Division
  • M ai n t ai n in g a c lo s e w o r k i n g r e l a t i o ns h i p w i th --t h e L oa n Administration team, Production &--Preservation team, and Inclusionary Housing team-- M an a gin g t h e f o l lo w i n g f u nc t ion s o f t h e Asset Management Team:
    • C o l le c t in g a n d s e r v i ci n g o f m u l t i - f am i l y r en t a l h ou s in g de v e l op m en t loa n s , in c lu d in g ca l c u la t i n g n e t- c a s h - f lo w p ay m en t s fr o m m u l t i -f am i l y r en t a l h ou s in g de v e l op m en ts
    • Pr o c e s s i n g s ub o r di n a t i o n r e q ue s ts fr o m ho m eo w n e rs w i s h in g to r e f in a nc e t h e i r f i r s t m o rt g ag e s
    • E v al u a t i n g t h e f i n an c ia l s t r eng t h o f la r g e p r o je c ts w i th d el i nq u en t a nd / o r o u t -o f - c o m pl i an c e l oa n s , a n d m a k in g r e c o m me n da t i on s f o r w o r k - o u t t e r m s , o r f o r f o r e c lo s u re ac t io n
    • W o rk o u ts o n h o m ebu y e r a n d r e ha b il i t a t i o n l oan s , a nd / o r in i t i a t io n o f f o r e c lo s u re p r o c ee d ing s
    • ( co n tr a c t ua l )
    • M a n ag i n g a t hi r d - p a rty c o n tr a c t f o r l o a n s e r v ic i n g o f h o m e bu y e r a n d h o us i n g r eha b il i t a t i o n l oa n s
    • E v al u a t i n g t h e p o rtf ol i o a n d p r oj e c t p e rf o r m a n c e i n l ig h t o f e c o no m i c tr en d s , an d ca l cu l a t i n g t h e r i s k f ac t o r o f lo a n s to e s t a b li s h a lo a n l o s s r e s e r v e
    • M on i t o r i n g f o r ec l os u re p r oc e ed i ng s o n de f a ul t e d l o an s
    • I n t e r e s t r e p o rt i n g o f p r o je c t l o an s , b o th p e r m a nen t an d c o ns t r uc t io n
    • M ai n t ai n in g up - t o - d a te a m o rt i z a t i o n s c h edu l e s f o r p r oj e c t l oa n s a n d r e co mm end i n g c o rr e c t i on s to s u b si d ia ry l e dg e rs i f ne e de d. T h e i de a l c and i da t e w i l l h a v e a b a c k g r ou n d i n l o a n c o l le c t io n s a n d s e r v i c ing , w il l de m on s tr a t e t h e a b il i ty t o c oo r d ina t e e f f ec t iv e l y w i th o t h e r C i ty s t a ff, o u t s id e ag e nc i e s an d bo rr o w e r s ; w i l l w o rk w e l l i n a t ea m e n v i r o n me n t; a n d p r o v i d e t e c h ni c a l s u p po rt a s n ee d e d to e n su re t h a t t h e Asset Management Team-- m ee ts i t g oa l s i n a t i m el y m a nn e r. E x pe r i en c e w i th Salesfroce and with-- a ff o r da b l e h ou s in g f u n di n g a n d p r o g r a m s i s h ig h l y de s i r a b le . C o mp u t e r l i t e r ac y i s a m u s t. Qualifications Minimum Qualifications
      • Completion of a Bachelor's Degree from an accredited college or university in Planning, Housing, Geography, Economics, Business Administration, Public Administration, Political Science, Sociology or related field and five (5) years of increasingly responsible professional level, directly related work experience, including two (2) years of supervisory or development project lead experience.
      • A valid California driver's license may be required. Federal law requires all employees to provide verification of their eligibility to work in this country. Please be informed that the City of San Jos-- will not prepare or file a labor condition application with the Department of Labor.
      • E m p l oy m e n t E li g ib i li t y : F ed e r a l l a w r e q ui r e s a l l e mp l o y ee s to p r o v id e ve r i f i c a t i o n o f t h e i r e l ig i bi l i ty to w o rk i n t h i s co u n tr y . P l e as e b e in f o r m e d t h a t t h e C i ty o f S a n J o s e w i l l n o t p r e pa re o r f i l e a la b o r c o n di t i o n a pp l ic a t i o n w i th t h e D epa r t me n t o f Lab o r. The ideal candidate will possess the following competencies, as demonstrated in past and current employment history. Desirable competencies for this position include: - Jo b E x p e rt i s e - de m on s tr a t e s k n o w l ed g e o f an d ex p e r i e nc e w i th ap p li c ab l e p r o f e s si o na l /t e c hn i c a l p r in c i p le s an d p r a c t i c e s , C i t y w id e an d de p a rt m en t a l p r oc e du r e s / p oli c i e s a n d f e de r a l a n d s t a te r ul e s a n d r egu l a t i on s including:
        • E x pe r i en c e w i t h a f f o r d a bl e hou s i n g p r i nc i pl e s a n d p ol i c i es , an d go v e r n m en t le n di n g r e l a t e d to a ff o r d ab l e h o us i n g de v el o pm e n t.
        • E x pe r i en c e w i t h t h e u s e o f T a x A l l oc a t io n bo n d r e v e n u e to f i n an c e a ff o r d a bl e ho u s i n g d ev e lo p me n t, a n d w i th c o m pl i an c e r e q ui r e me n ts f o r d ev e lo p me n ts u t i l iz i n g t hi s f u n di n g
        • P l ann i n g an d ex e cu t in g p r e s en t a t i o ns , tr a i nin g s a n d c o m m u ni ty m ee t i ng s .
        • A b il i ty t o c a rry o u t d e t a i le d an a l y t i c a l a s s ig n me n ts a n d m a k e s ou n d j u dg m en t s a n d r ec o m m en d a t i o n s.
        • Knowledge and experience with the affordable housing loan underwriting process.
        • Knowledge and experience with Racial Equity Diversity and Inclusion principles and best practices. - A na l y t i ca l T h i nk i n g - Approaching a problem or situation by using a logical, systematic, sequential approach. - C o m m un i c a t io n S k i ll s - Effectively conveys information and expresses thoughts and facts clearly, orally and in writing; demonstrates effective use of listening skills; displays openness to other people's ideas and thoughts. - Le a de r s hi p - Le a d s b y e x a mp l e ; s e r v e s a s app r o p r i a te r o l e m od e l ; d e m on s tr a t e s h i g h e t h i ca l s t a n da r d s ; R e ma i n s v i si b l e a n d a pp r o ac h ab l e a n d i n t e r a c ts w i th o t h e rs o n a r egu l a r b as i s ; p r o m o t e s a c o o pe r a t iv e w o rk en v i r o n m e n t, allowing others to learn from mistakes; provides motivational supports and direction . - Pr ob l e m S ol v in g - Ap p r oa c he s a s i t u a t i o n o r p r o b le m b y de f ini n g t h e p r o bl e m o r i s su e ; d e t e r m in e s t h e s i g ni f i c a nc e o f p r ob l em ( s ); c ol l e c ts i n f o r m a t i on ; us e s l og i c a n d i n t u i t i o n to a rr i v e a t de c i s io n s o r s o lu t i on s t o p r o bl e m s t h a t a c hi e v e t h e d e s i r e d ou t c o m e . - Social Awareness - Demonstrates the ability to read or sense other people's emotions and how they influence the situation of interest or concern; demonstrates empathy and organizational awareness. - S up e r vi s io n - se t s e ff e c t i v e l o n g a n d sh o r t - t e rm go a l s ba s e d o n a goo d un d e r s t an d in g o f m an a ge m en t p r a c t i c es ; e s t ab l is h e s r ea l is t i c p r i o r i t i e s w i t hi n a v ai l abl e r e s ou r c e s; provides motivational support; empowers others; assigns decision-making and work functions to others in an appropriate manner to maximize organizational and individual effectiveness. Selection Process The selection process will consist of an evaluation of the applicant's training and experience based on the application, resume and responses to the Job Specific Questions. Only the candidates whose backgrounds best match the position will be invited to proceed in the selection process. Additional phases of the selection process will consist of one or more interviews. -- You will be prompted to answer the following job-specific questions in the online application process:
          • Have you completed a Bachelor's Degree from an accredited college or university in Planning, Housing, Geography, Economics, Business Administration, Public Administration, Political Science, Sociology or related field? If yes, please indicate the college or university and the field in which you obtained your degree.
          • Do you have five (5) years of directly related work experience? If yes, please describe your work experience in implementing and/or managing a housing-related program. Detail where you obtained your experience and the duration in which you performed these duties.
          • Do you have work experience with managing affordable housing production programs? If so please describe your experience working with affordable housing development, loan underwriting, and financing.
          • Do you have experience collaborating with multiple stakeholders in support of the development of affordable housing? If so, please describe your experience.
          • Do have two (2) years of supervisory or development lead project experience? If so, please describe your experience and the number of direct reports and their classification(s). You may answer these questions directly in the on-line application system or on a separate document and then cut and paste your answers into the appropriate spaces when prompted. You must answer all job-specific questions in order to be considered for this vacancy or your application will be deemed incomplete and withheld from further consideration. If you have any questions regarding the duties of this position, selection or hiring process please contact Hsin-Ping Lee by e-mail at Hsin-Ping.Lee@sanjoseca.gov. -Link to Benefits page: http://www.sanjoseca.gov/index.aspx?NID=707
            -Link to Department website: http://www.sanjoseculture.org/index.aspx?NID=3051
            Current salary range for--Senior Development Officer is $107,868.80 - $131,372.80--annually. This classification also receives a 5% ongoing non-pensionable compensation increase in addition to the salary listed. To apply, please complete an application via the City of San Jose's website at www.sanjoseca.gov/citycareers. The application deadline is on February 24,--2021--at 11:59 PM. Please allow adequate time to complete the application and submit before the deadline or the system may not save your application. If your online application was successfully submitted, you will receive an automatic confirmation email to the email address you provided. IF YOU DO NOT RECEIVE THE CONFIRMATION, please email CityCareers@sanjoseca.gov and we will research the status of your application. Please contact Human Resources at (408) 535-1285, or Human.Resources@sanjoseca.gov--if you have any questions. Employee Unit Employees in this classification are represented by the City Association of Management Personnel (CAMP) Unit 21. Job : Property, Development Related Schedule : Full-time Employee Status : Regular Job Type : Standard Job Posting : Feb 5, 2021, 12:39:06 AM Minimum Salary : 107,868.80 Maximum Salary : 131,372.80 Bargaining Unit 1 : City Association of Management Personnel

Keywords: CTI Education Group, San Jose , Senior Development Officer - Asset Management Team Manager, Executive , San Jose, California

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