Position Description: This position will be responsible for strategic planning and implementation of housing programs and economic development strategies. This position will also cultivate funding sources around strategic housing initiatives. Critical to this position is the ability to maintain positive public relationships with governmental, community, and funder partners. The Director of Affordable Housing will also be responsible for business development as it relates to affordable housing projects. This position must coordinate business development efforts with loan officers, credit, and operations departments to underwrite, originate, service, monitor, and collect affordable housing purpose loans and grow depository relationships. Position Responsibilities: Lead the creation of affordable housing strategic plans, business plan, loan deployment goals and loan products. Develop, manage, track, and report on project timelines, milestones, and critical paths for projects. Cultivate new funding sources and maintain funder relationships. Assist with funding applications and development of funding programs. i.e. Capital Magnet Fund, Affordable Housing Investment Fund (state program), etc. Develop and implement organizational policies/procedures as they apply to housing programs. Prepare funding/grant applications and timely reports to partners/funders/stakeholders. Manage public relations to develop an understanding of affordable housing issues in the community; elevate the need for affordable housing. Maintain positive and collaborative relationships with local community partners, local, state and federal government entities, funders, and others. Collaborate with market staff to deploy programing as relevant to rural communities. Expand existing development partnerships and identify new development partners to advance affordable housing projects Supervise multiple loan requests/projects with all stakeholders. Assist with and/or perform duties required to advance projects such as due diligence, environmental studies, document collection. Respond timely and strategically to emergent conditions that challenge project goals Work with developers, lenders, appraisers, state agencies and other stakeholders as needed to support projects. Strong communication skills with ability to clearly express ideas, thoughts, and concepts verbally and in writing. Demonstrated professionalism, diplomacy, composure, flexibility and ability to adapt to a variety of situations. Strong initiative with ability to seek out relevant information prior to making timely decisions. Strong organizational skills and ability to coordinate complex activities prioritize conflicting demands and meet deadlines. Ability to work independently, solve problems and take responsibility for moving tasks forward with minimal supervision. Minimum Qualifications: MINIMUM QUALIFICATIONS -
A bachelors degree in a related field
A minimum of 5 years experience with mortgage lending, either as a processor, lender or underwriter or other related background, including non-profit management or affordable housing.
National and State of Colorado Mortgage Loan Originator License or ability to get license within first 6 months of employment.
Knowledge of mortgage lending, real estate, and the local housing market
Experience working with board of directors and non-profit agencies
Proven successful track record in writing and securing grants
Strong computer skills, including the ability to work with Microsoft Office, Excel, PowerPoint
Knowledge of HUD, USDA, and related state and federal resources for housing
Proven ability to work effectively with community organizations, clients, and public officials
Experience working the state Housing Finance Agencies, municipalities, and other key stakeholders in housing and community development efforts.
MINIMUM SKILLS AND KNOWLEDGE -
Demonstrates superior judgment in all aspects of work; is highly creative and generates substantial new program ideas.
Provides internal and external leadership to identify key issues and to gain and maintain support for collaborative solutions.
Strong communication skills with ability to clearly express ideas, thoughts, and concepts verbally and in writing.
Demonstrated professionalism, diplomacy, composure, flexibility and ability to adapt to a variety of situations.
Strong initiative with ability to seek out relevant information prior to making timely decisions.
Strong organizational skills and ability to coordinate complex activities prioritize conflicting demands and meet deadlines.
Ability to work independently, solve problems and take responsibility for moving tasks forward with minimal supervision.
Physical Demands and Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Regularly required to talk or hear; frequently required to use hands or fingers, handle or feel objects tools or controls. Occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. Must occasionally lift and/or move up to 20 pounds. Specific vision abilities required include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate. Depending on location and time of year, extreme high and low temperatures within the building will be experienced.
Additional Information: BSA Requirements:
It is the responsibility of all employees to make all reasonable efforts to identify suspicious cash activity which may be associated with customer attempts to avoid the reporting requirements of the BSA or government or federal tax reporting, as well as potential money laundering resulting from criminal / illegal activities. All suspicious activity, regardless of the amount involved in the transaction, must be reported to a supervisor or Branch Manager for further investigation and possible reporting by the Bank Secrecy Officer to the Financial Crimes Enforcement Network (FinCEN).
No director, officer, employee, or agent who reports a suspicious transaction under the requirements of the BSA may notify any person involved in the transaction that the transaction has been reported.
Each employee of the bank shall be required to complete Bank Secrecy Act / Suspicious Activity training periodically which is commensurate with the duties of their position.