WHY WHEDA
WHEDAserves Wisconsin residents and communities by working with others to provide creative financial and technical resources to stimulate and preserve affordable housing small businesses and agriculture.
WHEDAemployees participate in the State of Wisconsin benefit package( WHEDA offers an excellent benefits package that includes: Medical Vision and Dental Insurance State Retirement plan; 457 Deferred Compensation Group Term Life Insurance (and optional term life insurance for family members) Commuter Allowance Short and Long Term Disability Insurance paid sick leave paid vacation time thirty six (36) personal holiday hours Eleven (11) paid legal holidays per year tuition reimbursement program.
WHEDAis an equal opportunity and Affirmative Action employer seeking a diverse and talented workforce. Veterans are also encouraged to apply.
WHEDAemployees have the option to select a hybrid telework/flex schedule.
WHEDAis seeking a Manager to join our Commercial lending team in our Madison office. The position of Manager Commercial Lending is responsible for management of the commercial lending pipeline and all pipeline related activities including managing staff responsible for those activities. This position acts as product owner for commercial products.
SALARY: Hiring Range for this position is from $85275 to $106404 Annually.Offered Salary will be based on qualifications. WHEDA provides a competitive salary and WHEDA employees participate in the State of Wisconsin benefit package which includes retirement health insurance and deferred compensation programs.
ESSENTIAL DUTIES:
- To perform this job successfully an individual must be able to perform each essential duty satisfactorily.
- Manages commercial lending activities which includes planning coordinating administering of commercial lending pipeline and all pipeline related activities and evaluating products processes procedures systems standards and/or service offerings; ensures compliance with Federal State and local laws regulations codes and/or standards.
- Manages a team of professional staff ensuring adequate training and opportunity prioritization of tasks monitoring individual performance and providing feedback to staff.
- Serves as product owner for various commercial products which includes coordinating applications as needed implementation of product and longer-term oversight of success.
- Responds to requests for information and provides subjectmatterexpert guidance to other departments customers general public and/or outside agencies. Serves on a variety of internal and external committees task forces and other Authority committees to secure advocacy and influence support for programs and ideals.
- Acts as key liaison along with underwriters for potential borrowers.
- Ensures high quality error free and timely decision and discussion papers to loan committees and Members of the Board related to areas of responsibility.
- Provides assistance to department director; develops and interprets complex reports and analysis including analysis of potential new or revised products. Develops communication guidance and training for internal and external partners. This may include public speaking.
- Performs or assists with other duties as assigned.
QUALIFICATIONS:
- Bachelors Degree in closely related field AND 5 years of progressively responsible experience related to commercial or multifamily lending including 2 years of supervisory experience OR equivalent combination of education and experience.
KNOWLEDGE AND SKILLS:
- Advanced knowledge of multifamily and economic development lending guarantees and housing tax credit principles and practices
- Advanced knowledge of underwriting principles practices and procedures
- Business development principles and processes
- Negotiation methods
- Proven coaching and mentoring skills
- Managerial and supervisorial principles
- Product and program development and implementation principles
- Advanced knowledge of state and federal affordable housing programs and associated laws regulations codes standards and compliance requirements
- Financial principles and practices
- Strong adherence to confidentiality in working with clients and vendors
- Attention to detail and ability to troubleshoot for process improvement
- Excellent verbal and written communication skills
- Problem solvingskillsandabilitytoworkunder pressure
- Successful prioritizing and management of work projects
Remote Work Options:
This position has a work schedule that will initially be 100% in-office. After training is complete it is at the discretion of the direct manager when the employee may begin a hybrid work schedule.
APPLICATION DEADLINE:This position will remain open until filled.
Questions may be directed to
This position is not eligible for a work-related immigration visa sponsorship.
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An Equal Opportunity Employer Operating Under an Affirmative Action Plan.