Utah Housing Corporation located in West Valley City, UT is looking to hire a full-time Multifamily Lending Manager. Do you have a strong understanding of legal concepts related to real estate financing and development? Would you love to have a positive impact on your local community while working in the finance industry? If so, please read on!

This Multifamily Lending Manager earns $80,000 - $144,000 depending on education and experience.. We provide generous benefits, including medical, dental, vision, a health savings account (HSA), medical/dependent care flex accounts, group term life, group accident, employer contribution to Utah Retirement Systems, a 401(k) plan, a 457 plan, an IRA, a Roth IRA, an employee assistance program (EAP), a wellness program, and LinkedIn Learning access. Additionally, we offer an onsite fitness center, a 1.6-mile walking path, 30 minutes of daily paid exercise time, a convenient onsite market, flexible work hours, and remote working. If this sounds like the right opportunity for you, apply today!

ABOUT UTAH HOUSING CORPORATION

We were created as a public corporation by state legislation in 1975 to raise funds to assist in the creation of affordable housing opportunities for lower-income Utah households. Our mission is to serve Utah's housing needs through finance and innovation with high standards, honesty, and integrity at all levels. Principally, we provide mortgage capital to qualifying first-time homebuyers as well as resources to developers building or renovating affordable multifamily projects. In addition, we assume several roles ranging from lender to developer in creating solutions for difficult housing problems. We do not receive any funding from the State of Utah and are totally self-supporting. We are one of the most successful state housing finance agencies in the nation.

In order to hire and retain employees who exemplify our values of trust and fair dealing and who are good stewards of our resources, we work hard to be an employer of choice for top candidates. In addition to competitive pay and benefits, we offer a responsive, supportive work culture. We also encourage a positive work-life balance and offer opportunities for learning and development.

A DAY IN THE LIFE OF A MULTIFAMILY LENDING MANAGER

As a Multifamily Lending Manager, you are a vital asset to our company. You perform complex managerial work administering the daily operations and activities of the multifamily lending program. Work involves deploying loans for affordable multifamily rental projects; providing consultative services and technical assistance to prospective borrowers, program staff, governmental agencies, community organizations, or the general public establishing goals and objectives; developing new lending programs and establishing lending policies; developing schedules, priorities, and standards for achieving established goals. You will work with considerable latitude for the use of initiative and independent judgment. You establish and maintain partnerships with multifamily developers, tax credit investors, and other lenders to create affordable housing throughout the state. Working with team members, you will ensure compliance and adherence to policies and procedures. You will market the multifamily loan program and develop and implement a vibrant business strategy.

Your great organizational skills serve you well as you coordinate workflows with project underwriting personnel. You effectively manage the day-to-day lending and credit operations to ensure efficiency. With attention to detail, you oversee all functions necessary to prepare full credit memos for committee review and approval. You also build a network of relationships with real estate agents, brokers, and builders.

QUALIFICATIONS FOR A MULTIFAMILY LENDING MANAGER

• Bachelor's degree
• 4+ years of experience in real estate, preferably in affordable housing development and finance
• 5+ years of employment in a related profession
• Strong real estate lending background
• Ability to drive long distances within the state

Knowledge of low-income housing tax credit (LIHTC) financing would be a plus. Do you have good writing skills? Is your attention to detail exceptional? Are you organized and able to effectively prioritize and delegate multiple tasks? Do you possess exceptional leadership and project management skills? If yes, you might just be perfect for this finance position!

WORK SCHEDULE FOR A MULTIFAMILY LENDING MANAGER

This position is full-time. Some overnight travel is required.

ARE YOU READY TO JOIN OUR TEAM?

If you feel that you would be right for this real estate job, please fill out our initial 3-minute, mobile-friendly application. We look forward to meeting you!