Loan and Bonds Specialist

About the Department

The Department of Commerce aims to make sure Montana is the best place to work, live and play. We work alongside private industry and local organizations to create jobs, grow businesses, develop affordable housing and improve community infrastructure.

(You can learn more about us here.)

About this Position

Montana Housing strengthens our vibrant communities by supporting access to safe, affordable and sustainable homes for Montanans whose housing needs are not met by the market. Montana Housing assists with buying a home, down payment assistance, mortgage servicing, Reverse Annuity Mortgages, rental housing assistance and multifamily rental development.

A Loan & Bonds Specialist for Montana Board of Housing (MBOH) is responsible for handling a mortgage loan file from start to finish; reserving the funds, reviewing documentation and underwriting to ensure the eligibility of the loan for one of various mortgage programs and purchasing the loan. The incumbent must have an eye for detail and be able to complete tasks timely. The position reports to the Single-Family Program Supervisor, and does not supervise other agency personnel.

This position is open until filled; with first review date of 5.24.24

What are we looking for?

Education and Experience:

· A Bachelor’s Degree in Business, Finance or a related field

· 2 years of job-related experience, including underwriting experience

· Other combinations of education and experience will be considered on a case-by-case basis

Competencies:

Knowledge of:

· Real Estate Finance principles, practices and laws

· Mortgage underwriting principles and practices

· Mortgage loan and banking accounting principles

Ability to:

· Analyze, interpret and apply complex program requirements

· Identify and resolve errors and discrepancies

· Manage multiple projects

· Communicate with various audiences with differing levels of mortgage loan understanding

How to apply

Apply online by submitting your resume. (Please Note: You do not need to complete the “work experience” or the “education & certifications” portion of the application process in our recruiting system. You only need to upload the requested documentation.)

Benefits

· Look here to see the additional benefits! They include:

o Work/life Balance

o Health Coverage

o Retirement plans

o Paid Vacation and Sick Leave and Holidays

o And more…

· Public Service Loan Forgiveness (PSLF) – Employment with the State of Montana may qualify you to receive student loan forgiveness under the PSLF. Look here to learn more and see if you may qualify!

Other important information to be aware of

· This position requires the successful completion of a criminal background check.

· Only online applications are accepted. By applying online, you can receive updates and monitor the status of your application.

· If you fail to upload the requested application documents and/or preference documents, we will notify you via email. Failure to upload these documents after notification will result in your application being removed from consideration.

· This position allows for a hybrid work schedule from a remote location within the State of Montana. Weekly travel to Helena offices will be required. Specific conditions will be outlined as part of the job offer and must adhere to state policy. New Employees may be required to complete training in person before hybrid work schedules begin.

Shift: Day Job

Travel: Yes, 5 % of the Time