Finance Associate

Location

Richmond, VA | United States

Job description

Join Virginia Housing and help make a difference as a Finance Associate.

Virginia Housing is one of the nation’s premier housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships.

We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.

In this important role you will assist the Capital Markets team in acquiring external capital, analyzing the assets and liabilities at Virginia Housing, generate on-going disclosure material, and ensure compliance with the requirements of various bond resolutions. You will work collaboratively with Virginia Housing associates and managers on both formal and informal inter-divisional, operational, and project teams.

Your primary responsibilities will include assisting in the acquisition of external capital to fund homeownership loan programs using the various Capital Market funding tools available to Virginia Housing including taxable and tax-exempt bond issuance or Ginnie, Fannie, or Freddie securitization . You will analyze the assets and liabilities of Virginia Housing (VH) and generate pro forma cash flow projections to evaluate the adequacy of capital and liquidity with respect to compliance with rating agency requirements for the desired ratings and on-going decision making. You will support compliance with the requirements of the various bond resolutions, particularly with respect to flow of funds, reserve funds, and asset composition and disposition and conduct ad-hoc financial analysis.

To be successful in this role you must possess :

• A bachelor’s degree in finance, math, business administration, or other relevant degrees and/or applicable work experience.
• Excellent written and oral communication with ability to interact with all levels within the organization.
• Ability to effectively interact with internal and external parties, including investment bankers, bond counsel, underwriter’s counsel, rating agency analysts and investors.
• Demonstrated ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.
• Ability to effectively manage multiple projects in a dynamic environment and be able to work effectively under pressure and prioritize multiple tasks.
• Excellent judgement with respect to areas of responsibility and take ownership of assignments, activities, decisions, and results.
• Proficiency in Microsoft Excel (advanced experience preferred).
• Trade settlement experience with agency mortgage-backed securities and or g eneral fixed-income security experience.

The ideal candidate would also have e xperience with public housing finance and f amiliarity with DBC Housing.

Applications and resumes are accepted online only at  .

This position will close at midnight on April 1, 2024.

Hiring Range: $103,705 - $134,813

Background and credit checks will be performed as a condition of employment.

Internal applicants

MR-9 - P lease review relevant HR policy under 'Employment Practices' on the Zone before applying.

Apply through the Zone or at  .

-EOE-

Job tags

Salary