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Gondrecourt-le-Château

    Underwriting Technician - St Paul, United States - State of Minnesota

    State of Minnesota
    State of Minnesota St Paul, United States

    4 weeks ago

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    Description

    Working Title:
    Underwriting Technician

    Job Class:
    Housing Finance Paraprofessional Senior

    Agency:
    Housing Finance Agency


    • Job ID : 76333

    • Location :
    St. Paul



    • Telework Eligible :
    Yes,with intermittent trips to the office and other work locations



    • Full/Part Time :
    Full-Time



    • Regular/Temporary :
    Unlimited



    • Who May Apply :
    Open to all qualified job seekers



    • Date Posted : 05/01/2024

    • Closing Date : 05/14/2024

    • Hiring Agency/Seniority Unit :
    Housing Finance Agency / Housing Finance-AFSCME


    • Division/Unit :
    Human Resources Processing / Multi Fam-Underwriting


    • Work Shift/Work Hours :
    Day


    • Days of Work :
    Monday - Friday



    • Travel Required :
    No



    • Salary Range: $ $35.07 / hourly; $52,012 - $73,226 / annually

    • Classified Status :
    Classified



    • Bargaining Unit/Union : 20- Technical/AFSCME

    • Work Area :
    St. Paul



    • FLSA Status :
    Nonexempt


    • Designated in Connect 700 Program for Applicants with Disabilities (ov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : Yes
    Teleworking employees are required to live in Minnesota or in a state bordering Minnesota.

    The work you'll do is more than just a job.

    At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans.

    The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

    Minnesota Housing is hiring We're a mission-focused financial institution looking for an Underwriting Technician.
    This position is on the Production Team within the multifamily division of Minnesota Housing. The Production Team finances the preservation and creation of affordable rental apartments throughout Minnesota.

    These projects generally contain 40-70 units of housing, though they can be as small as 12 units or as large as 200.

    A variety of project types are financed to serve all Minnesotans:
    singles, families, seniors, persons with disabilities, and people who have experienced homelessness.

    The projects have multiple sources of financing, including amortizing first mortgages, deferred loans, and Low Income Housing Tax Credits (HTCs).

    The Production Team's customers are housing developers, including non-profits, for-profits, tribes, and other governmental entities.

    The Underwriting Technician position supports multifamily underwriters in the management of projects from initial selection or approval through initial closing and start of construction.

    They facilitate communication with borrowers and internal team members, track project status, and collect and complete initial reviews of due diligence.

    Underwriting Technicians serve as the primary point person for communication with developers of selected projects.

    Given the volume and complexity of the projects in production, the Underwriter Technician is a critical role to keep track of projects and keep them moving toward closing.

    Essential Job Duties

    • Work effectively and collaboratively with customers, funders, and other internal staff and in support of the assigned underwriters to facilitate getting projects to closing.
    • Complete reviews of due diligence for completeness and consistency with Agency requirements.
    • Point person for communication:

    project launches, on-going meetings, project status updates, borrower use of the Agency's on-line PORTAL system for document sharing and storing.


    • Work within multiple data systems to collect and track project information, track time sensitive deadlines, update project status, and input project data.
    • Assist in the review of funding applications submitted in competitive request for proposals (RFPs), including initial scoring and site control.
    • Complete preliminary review of HTC related submissions and processes.
    • Perform other duties as needed.

    Minimum Qualifications

    To be qualified for and considered for this position, applicants must meet all of the minimum qualifications listed below. Ensure that your resume contains descriptions of your work experiences sufficient for comparison against the requirements stated below and indicate the beginning and ending month and year for each job held.

    Only applicants whose resumes clearly demonstrate fulfillment of each of these minimum qualifications will be considered for this position.


    • Two (2) years of experience in real estate or commercial lending, multifamily rental or single-family loan processing, affordable housing program administration/implementation, affordable housing property management, or compliance.
      An Associate's degree in Business Administration, Finance, Accounting, Housing, Real Estate or Community Development/Planning may substitute for six months of professional experience. OR
      A Bachelor's degree in Business Administration, Finance, Accounting, Housing, Real Estate or Community Development/Planning may substitute for one (1) year of professional experience.

    • Ability to interpret Agency and other guidance and review submitted documents for consistency with such guidance.

    • Ability to conduct preliminary review of due diligence documents and loan files for completeness and consistency with Agency and program requirements.

    • Experience with balancing competing priorities and meeting tight deadlines, along with great attention to detail.

    • Strong interpersonal skills, including team player orientation.

    • Strong communication skills.

    Preferred Qualifications

    • Our employees are dedicated to ensuring cultural responsiveness. Preferred candidates will have a variety of experiences working effectively with others from different backgrounds and cultures.
    • Two (2) years of multifamily rental experience.

    Physical Requirements
    Requires moving office items such as file folders and small office tools.

    Additional Requirements

    This position requires successful completion of the following:

    • Reference Checks.
    • Job related background checks.
    • Conflict of Interest Disclosure.

    AN EQUAL OPPORTUNITY EMPLOYER
    Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity.

    We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law.

    As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.

    Reasonable accommodations will be made to all qualified applicants with disabilities.

    If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at or email .

    Please indicate what assistance is needed.