En Español | Português | contacts | site map | Log In | privacy 

Search:     Search
  • Home Ownership
  • Developers
  • Rental Housing
  • Diversity
  • About Us
  • Press Room

Career Opportunities at MassHousing

MassHousing provides a challenging, progressive and supportive environment that encourages and promotes employee development.

We offer competitive salaries; tuition assistance; comprehensive health, dental, life, and disability plans; ongoing training and career development; flexible work schedules; generous leave time; emergency back-up day care; a corporate culture of promotion from within; and an employer-matched deferred compensation plan.

If you are interested in joining MassHousing, please forward a letter of interest and resume to: MassHousing, Human Resources, One Beacon Street, Boston, MA 02108 - Email: jobs@masshousing.com - Fax: 617.624.9494.

Equal Opportunity Employer M/F/V/D

MassHousing will provide reasonable accommodations and appropriate communication auxiliary aids and services to persons with disabilities upon request.

Current Job Openings

Financial Accountant (2 Openings)

Since its inception in 1966, MassHousing has supported affordable home ownership and rental housing opportunities throughout Massachusetts. The Agency has provided more than $22 billion for affordable housing in that time. Currently, MassHousing is seeking an energetic professional for the position of Financial Accountant to continue the Agency’s storied history of affordable housing funding.

The Financial Accountant is an entry level position in Financial Reporting and reports directly to the Financial Accounting Supervisor. He/she is responsible for assisting with the accurate and timely preparation of MassHousing’s financial statements, which is the primary tool that allows MassHousing to borrow funds, participate in government programs (GNMA, FNMA, FFB) and develop creative strategies to enable the Agency to further its mission. More specifically, the Financial Accountant is responsible for the following:

  • Performing assigned monthly reconciliations of Cash, Cash Equivalents, Loans Receivable and Debt.
  • Proposing accounting journal entries to the General Ledger as necessary.
  • Preparing, analyzing and reconciling various assigned monthly and quarterly program package deliverables including balance sheet account proofs, Statement of Cash Flow, Income Statement, Statement of Net Position, quarterly flux analysis.
  • Preparing fund or program cash flow projections.
  • Collaborating with other Finance and Agency staff to research variances in reconciliations.
  • Performing other duties as assigned by the Financial Accounting Supervisor or Manager.

Qualifications:
Bachelor's Degree in Accounting. 0-4 years of accounting experience, fund accounting or banking preferred. Experience with automated General Ledger systems a plus. Understanding of accounting concepts and exceptional critical thinking and problem-solving skills. Strong work ethic and the ability to work independently with minimal supervision, and as a member of a team. Strong interpersonal and communication skills. Effective time management and project management skills. Proficiency with Microsoft Office Suite, especially Microsoft Excel.

Salary: $55,000 - $71,000

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com. Please share in your cover letter how or from whom you heard about this career opportunity.

MassHousing is an Equal Opportunity Employer.

Multifamily Originator – Real Estate Lending

Since its inception in 1966, MassHousing has supported affordable home ownership and rental housing opportunities throughout Massachusetts. The Agency has provided more than $22 billion for affordable housing in that time. Currently, MassHousing is seeking an experienced professional for the position of Multifamily Originator to continue the Agency’s storied history of affordable housing funding.

The Multifamily Originator is responsible for originating multifamily debt financing opportunities for MassHousing. S/he will conduct outreach that complements and expands current business development efforts and utilizes prior relationships and contacts developed during previous job experiences. In addition, s/he will maintain and nurture relationships with a portfolio of existing borrowers. Working with others in Rental Business Development, Rental Underwriting and Asset Management, the Multifamily Originator will structure transactions that meet the needs of the borrower and reflect MassHousing underwriting standards. S/he will remain current about changes in the housing, community development and multi-family lending industries and will participate in external events to promote MassHousing’s role in affordable housing throughout the Commonwealth. More specifically, the Multifamily Originator is responsible for the following:

  • Marketing MassHousing’s multifamily loan products to both existing and potential borrowers.
  • Developing and maintaining relationships with existing and potential borrowers and serving as the primary point of contact as transaction pipelines are developed.
  • Sourcing, pre-screening, analyzing and structuring potential loans with the assistance of Origination Analysts. Developing and presenting Term Sheets on debt offerings to borrowers. Serving as the primary contact with borrowers throughout the loan origination process.
  • Working collaboratively with the Rental Underwriting, Legal and Rental Management divisions during the underwriting and closing process. Presenting transactions to the MassHousing Board and Subcommittees of the Board for approval.
  • Monitoring borrowers' MassHousing loan portfolios and pro-actively initiating discussions regarding refinancing opportunities.
  • Performing special assignments and other duties as requested.

Qualifications:
Bachelor's Degree required; preference for candidates with advanced degrees in Finance, Real Estate Management, Business Administration, or related field. Demonstrated history of academic success and professional development. Five to seven years of substantive experience in real estate finance and/or real estate. Knowledge of tax credit equity, government and private lending platforms, including credit enhancement and rental subsidy programs preferred. Knowledge of real estate finance fundamentals and financial analysis principles. Strong work ethic and the ability to work independently with minimal supervision, and as a member of a team. Strong interpersonal and written and oral communication skills. Excellent organizational and analytical skills with a high-level of attention to detail. Ability to multi-task and manage a high-volume workload accurately and effectively.

Salary: $102,000 - $159,000

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com. Please share in your cover letter how or from whom you heard about this career opportunity.

MassHousing is an Equal Opportunity Employer.

Senior Asset Manager

Since its inception in 1966, MassHousing has supported affordable home ownership and rental housing opportunities throughout Massachusetts. The Agency has provided more than $20 billion for affordable housing in that time. Currently, MassHousing is seeking an experienced professional for the position of Senior Asset Manager to continue the Agency’s storied history of affordable housing funding.

The Senior Asset Manager oversees a portfolio of multifamily properties with various loan and regulatory requirements. S/he is tasked with monitoring the condition of each property in their respective portfolio and collaborating with the Portfolio Manager to achieve maximum performance of the assets. More specifically, the Senior Asset Manager is responsible for the following:

  • Managing a portfolio containing a greater proportion of at risk properties. Monitoring the affordability requirements and marketability of properties within the portfolio and conducting analysis and developing assessments/action plans for the at-risk properties.
  • Performing annual property inspections to ensure viability, prudent operational performance, and fiscal management.
  • Collaborating with the Portfolio Manager to identify cost containment opportunities.
  • Reviewing proposed operating budgets and audited financial statements to identify potential issues, and monitoring pre-payable and maturing loans. Utilizing networking opportunities to develop relationships for potential financing opportunities.
  • Serving as primary contact for a range of constituencies.
  • Providing guidance and training to Asset Managers.
  • Collaborating with Business Development, Underwriting, Loan Servicing and Subsidy Administration staff to further the Agency's efforts.
  • Reviewing and authorizing escrow disbursements and distribution requests.
  • Performing other duties as assigned by the Portfolio Manager.

Qualifications:
Bachelor's Degree required; preference for candidates with degrees in Finance, Real Estate Management, Business Administration, or related field. 3-5 years of experience in Asset Management with a strong preference for candidates with a multi¬ family background. Exceptional critical thinking and problem-solving skills. Strong work ethic and the ability to work independently with minimal supervision, and as a member of a team. Strong interpersonal and communication skills. Effective time management and project management skills. Proficiency with Microsoft Office Suite. Valid driver’s license and the ability to travel to properties throughout Massachusetts.

Salary: $71,000 - $90,000

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com. Please share in your cover letter how or from whom you heard about this career opportunity.

MassHousing is an Equal Opportunity Employer.