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Career Opportunities at MassHousing

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

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

If you are interested in joining MassHousing, please forward your salary history and resume to: Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

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

Accounting Operations Analyst

The Accounting Operations Analyst will be assigned responsibilities in some or all of the following areas: Lockbox processing (both Multi-family and Community Services), Accounts Payable processing, Payroll processing, Home Ownership Purchases processing, manual Coda entry of documents received from Treasury, Trustee Reimbursement processing, Positive Pay file transmission, assistance in year-end financial audit, regulatory filings including 1099, W-2 and FAF reporting. This position will also assume the role of other individuals during absences, test software upgrade changes as needed, assist both internal and external customers with inquiries and problem resolution, seek process improvements and perform other duties as required.

Qualifications: B.S. Degree in Accounting/Finance or equivalent experience. 2-4 years of experience with Payroll, Accounts Payable and/or Lockbox processing. Proficiency with Microsoft Excel and Word. Ability to work as a member of a team and to interact with both internal and external customers in a professional and courteous manner. Excellent oral and written communication presentation skills required. Must be able to work under pressure and produce results under specified time frames.

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.

Business Analyst

Develops and coordinates the implementation of complex business systems and reports for users within Finance & Accounting division. Confers with business units to analyze current operational procedures, identify problems, and learns specific input/output requirements. Creates project charter describing user needs, project requirements, program functions, and steps required to develop or modify computer programs. Reviews business and system capabilities, workflow, and scheduling limitations to determine if requested business changes are possible within existing systems. Evaluates effectiveness of current information systems and advises business units on industry trends and possible new technologies. Prepares workflow charts/diagrams to improve operations. Assists IT staff with upgrading systems and resolving programming project issues.

Qualifications:

  • Bachelor's degree in accounting, finance, and/or computer technology related fields, with a background in database reporting such as Cognos Impromptu
  • 3-5 years related work experience
  • Strong background in customer service and computer technology help desk services to support software user base of approximately 80 people (six different departments)
  • Working knowledge of MS Access, VBA and MS Excel macro development along with technical documentation experience
  • Experience using report writer IBM Cognos Impromptu 7.4 or higher helpful
  • Experience using accounting, treasury and real estate mortgage software applications a plus
  • Familiarity with relational database technology and indexed file structures
  • Ability to diagnose/solve business workflow and data system integration issues
  • Proven communication and interpersonal skills and the ability to work effectively with users
  • Strong organizational skills and the ability to work independently or as a team member on multiple tasks simultaneously

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.

Community Services Program Assistant

The Community Services Department at MassHousing seeks a highly organized, detail-oriented and resourceful candidate for the position of CSD Program Assistant. This position reports directly to the CSD Director, and is responsible for strategic oversight and management of internal and external communications, to ensure that, staff, partners, and other constituents are informed about and engaged in CSD priorities, policies, practices, challenges, and opportunities. The ideal candidate is an innovative problem-solver, the ultimate project manager and should be a self-starter who is able to meet tight deadlines while maintaining the integrity of the work.

The CSD Program Assistant's responsibilities also include the following:

  • Developing and implementing a strategy that encourages internal and external stakeholders, including community members, property managers, and residents, to celebrate CDS's progress and provides context on its continued areas of growth.
  • Supporting the Director and members of the leadership team in communicating about CSD's work, aligned to the overall strategy.
  • At the direction of the Director, regularly communicating with the Directors' leadership team in order to stay connected to the priorities and work of the organization.
  • Ensuring accurate information is shared with internal and external stakeholders.
  • Monitoring high profile CSD projects and initiatives, as well as local and national topics, in order to understand potential influence on CSD.

Qualifications: Bachelor's degree preferably in business, planning, public administration, or computer science. 3-5 years of increasing responsibility in software support, system development, business applications and project management experience. Excellent communication (verbal and written), interpersonal, organizational, and analytical skills. Demonstrated ability to work independently and manage multi-task functions. Ability to conduct independent research requiring sound judgment. Excellent skills with Microsoft Suite and familiarity with Google applications/tools. Ability to work independently and manage projects from development to completion, as well as the ability to prioritize competing demands. Ability to guide a small group of professional employees with specific and varied areas of expertise. Demonstrated ability to advise and negotiate comfortably with individuals at all levels of the organization, as well as advocate with other government agencies.

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.

Development Analyst

Reports directly to the Manager of Production Planning & Strategic Initiatives. Assists with the production of multifamily loans being underwritten in the division, providing high level analytical support and the preliminary and final review of mortgage loan applications and other related documents. Components of this review may include leases, income and expense statements, surveys, property income and expense statements, borrower financial statements, partnership agreements, deeds, easements, environmental reports, property condition reports and appraisals.

Performs a wide variety of special assignments, including but not limited to: evaluation of existing products and platforms; making recommendations for improved underwriting processes; assisting with implementation of new products, lending platforms or special funding initiatives; and research on industry and MassHousing business metrics. May also be asked to serve as lead underwriter for unique transactions, either one-off or pertaining to new initiatives and workouts.

Maintains a positive rapport with borrowers, HUD, FHA and other stakeholders ensuring appropriate communications regarding the processing and approvals of transactions, as well as, working collaboratively across all rental divisions, loan servicing, finance and Legal department to facilitate loan processing and closing. Attends work related seminars, conferences and together with the Manager identify additional training opportunities to support career development and enhance job performance.

Qualifications: Bachelor's degree in business or related field. 3-5 years of related work experience. Knowledge of basic financial principles. Demonstrated ability to quickly develop an understanding of specific requirements of the divisions lending platforms, stay up to date on recent changes to HUD, FHA and GSE guidelines, and become familiar with the process of preparing application submissions or waiver requests. Excellent communication, interpersonal, organizational, writing and analytical skills. Demonstrated ability to multi-task and manage a high volume workload accurately and effectively.

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.

Director of Rental Business Development

Reports to the Deputy Director. Responsible for the origination of all multifamily rental loans – both new development(s) and preservation of existing affordable housing, including business development and relationship management within the rental housing industry. Oversees multifamily loan product development and, working collaboratively with other rental leaders, lending policies and procedures. Supervises the Rental Business Development Division, which develops and markets the Agency’s multifamily loan products, structures and negotiates transactions, oversees prescreening of loans and manages lending process to the point of commitment, and serves as relationship managers to multifamily borrowers. Oversees and works closely with Division managers on all facets of work of the Division and identifies opportunities for training and career development. Manages the administration of the state Affordable Housing Trust Fund. Works collaboratively with internal business partners, including but not limited to Agency staff in the legal, finance, underwriting, and rental management groups.

Qualifications: Master's degree with strong background in real estate finance. Extensive experience in mortgage banking, marketing, business development, real estate development and/or the affordable housing industry. Ability to negotiate, meet deadlines, implement new programs, and set priorities. Flexibility, teamwork orientation, and supervisory skills are required. Must act as a generalist, with ability to see business development activities in context of overall Agency operations.

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.

General Counsel

The Massachusetts Housing Finance Agency, an independent, quasi-public agency created in 1966 and charged with providing financing for affordable housing in Massachusetts seeks a General Counsel. The Agency raises capital by selling bonds and lends the proceeds to low and moderate-income homebuyers and homeowners, and to developers who build or preserve affordable and/or mixed-income rental housing. Since its inception, the Agency has provided more than $18.5 billion for affordable housing.

The General Counsel is the Agency’s chief legal officer, providing advice to its nine-member Board and executive team on a wide range of statutory, regulatory and policy issues impacting the Agency’s mission and business, including the issuance of bonds, the financing of real estate transactions, and corporate governance. The General Counsel manages in-house attorneys as well as the work of outside counsel.

Candidates must possess excellent academic credentials; be admitted to practice in Massachusetts; and have at least 8 to 10 years of experience including staff supervision. Candidates must possess subject matter expertise in at least one of the following areas: real estate development; bond financing/tax credits; or affordable multifamily housing lending. Litigation or litigation management and prior experience with federal or state government are desirable. The candidate is expected to assume a leadership position within the Agency and with the affordable housing bar of the Commonwealth.

Only serious candidates meeting or exceeding these qualifications should apply to jobs@masshousing.com by April 30, 2016. MassHousing offers competitive salary and benefits.

MassHousing is an equal opportunity employer.

Financial Accounting Specialist

Responsible for the preparation of the financial statements for one or more of the Agency's companies/bond programs. Prepares quarterly review and annual audit packages with required supporting schedules. Posts journal entries, reconciles general ledger to all subsystems, reconciles all assigned bank accounts, and prepares monthly trial balance for assigned funds or companies/programs. Analyzes activity posted to the general ledger, loan and investment yields, and investment portfolios to assess current/future impact and trends. Ensures compliance with reserve requirements and investment guidelines for assigned programs and companies. Prepares and analyzes the statement of cash flows and flux schedules and assists in the preparation of the program budgets for assigned programs and companies. Performs special projects or other duties as assigned.

Qualifications: Bachelor's degree in Accounting or Finance or equivalent. CFA, CPA, CMA and/or MBA preferred. 3-5 years of experience in a large financial institution, bank, housing finance agency or CPA firm, preferably with a focus on mortgage lending. Demonstrated ability to analyze financial information in a large financial organization and to work under tight deadlines. Must possess outstanding financial and analytical skills as well as strong oral, written, and computer-based presentation skills. Proven ability to work effectively with all staff levels of a large financial organization, including the ability to develop effective working relationships with senior level staff. In addition to developing a working knowledge of GAAP and GASB, must become thoroughly familiar with relevant bond indentures, covenants, contracts, regulatory agreements, laws and other matters to assure that compliance is met with all requirements.

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.

Loan Analyst

Responsible for responding to all verbal and written residential mortgage loan inquiries in an accurate, timely, and professional manner. Provides payoff quotes to borrowers and authorized third party borrower representatives. Assists Loan Specialists with requests requiring in-depth review and/or research as well as any additional tasks as needed. Identifies issues affecting the servicing of loans and apprises the Loan Administration Manager for appropriate actions to be taken for resolution.

Qualifications: Bachelor's degree in business or finance preferred. 2-5 years of experience with residential mortgage servicing, with an emphasis in customer service and escrow analysis. Must have a thorough understanding of HomeOwnership Servicing and Operations policies/procedures and regulatory requirements, such as Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Consumer Financial Protection Bureau (CFPB), Homeowners Protection Act (HPA), applicable to the servicing of residential mortgage loans, as well as our investors' requirements. Prior experience working in an incoming call center preferred. Excellent communication (both written and verbal) and interpersonal skills, and the ability to handle complex customer requests. Strong organizational skills and the ability to prioritize and work independently. Strong technical and analytical skills. Working knowledge of MS Word and Excel.

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.

Rental Lending Originator

Originates permanent financing for various types of multifamily properties. Responsible for developing and implementing an aggressive outreach program which compliments and expands current business development efforts, utilizes prior relationships/contacts developed during previous job experiences, and includes both for-profit and non-profit borrowers. Assists with FHA & GSE financing as well as tax-exempt bond underwriting and portfolio loans. Serves as Rental Lending's marketing frontline and as an advocate and main contact for borrowers throughout entire transaction life-cycle. Assists with evaluation of existing multifamily programs and executions, the development of new multifamily business initiatives, and establishment and maintenance of multifamily lending policies and procedures.

Qualifications: Master's degree or equivalent work experience required. 5-7 years of substantial, responsible, practical experience in financing existing, medium- to large-scale apartment properties. Deep product knowledge of FHA multifamily mortgage insurance & GSE programs, bonds a significant plus. Must have the ability to develop a thorough understanding of the current flow of both FHA & GSE origination, underwriting, processing, closing, funding and servicing functions, as well as, being versed on their respective policies and procedures. Legal/closing experience preferred. Must have the ability to evaluate the credit acceptability of the individuals and entities involved in transactions. Excellent written and oral communication skills required. Prior supervisory experience preferred.

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.

Systems & Technology Manager

Responsible for the overall coordination, development, and enhancement of the Rental business lines automated systems, procedures, and training to assure Rental business effectiveness and efficiency. Coordinates development and enhancement policies with senior Agency leaders, reviews and recommends approval for all system enhancements and support tools, develops standards and procedures for all automated tools and systems, and oversees implementation of applications to ensure they meet the business requirements and changing business needs of all Rental business lines. Manages project teams and provides training for staff on their division and IT system applications. Oversees all administrative tasks for department, including annual employee performance evaluations and department budgets.

The Systems & Technology Manager position represents the coordinated and prioritized business information needs of all three Rental divisions, other groups that participate in the Rental business process, as well as the Agency-to executives, and to Information Technology and Business Intelligence. The Rental business process includes everything from outreach and business development through loan origination, construction monitoring, MBE and WBE reporting, servicing, portfolio management, community services, subsidy administration, post MassHousing debt oversight, and historical Agency activity. An important function of the Systems & Technology Manager position is to create and manage a team to accomplish the following:

  • Lead the business effort for the development of a new integrated technical solution for the Rental business at MassHousing
  • Maintain existing and new systems
  • Ensure accuracy of business data
  • Provide business information, analysis and IT tools for the division and documentation to BI and IT to support the division efforts
  • Create and manage a team to accomplish the above objectives

Qualifications: Bachelor's degree or equivalent combination of education and work experience. 5-7 years of business application design experience, including two years of project management. Excellent communication, interpersonal, organizational, and analytical skills required. Must have knowledge of related business practices and procedures in areas such as mortgage banking, finance, and real estate.

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.