Careers at CPC 

Mortgage Officer NYC

The Mortgage Officer is responsible for originating Construction and Permanent Loans on a basis consistent with CPC’s mission.  The position is responsible for initial underwriting and analysis for appropriate risk, for actively monitoring projects through construction and conversion, and for identifying and addressing problem loans in both the construction and permanent portfolio.  The Mortgage Officer is considered the Subject Matter Expert in their field and supports management by rendering their advice and recommendations to the leaders of the business.  They are also instrumental in the creation and carrying out of management policies and procedures.

Roles and Responsibilities:

  • Market CPC’s Loan Products.
  • Develop leads for new customers and manage relationships with existing customers.
  • Analyze the financial, physical and market suitability of loan applications to CPC requirements.
  • Work with owners, contractors, engineers, architects, and subsidy providers to structure loan transactions.
  • Present Loan Packages to Mortgage Committee.
  • Prepare Loan Commitments.
  • Oversee Assistant Mortgage Officer(s) to ensure that Due Diligence is performed on all Loan Applications.
  • Interact with Portfolio Servicing Department to ensure a smooth closing to conversion process.
  • Act as liaison between Property Owner, Subsidy Providers and CPC.
  • Monitor progress of Construction Projects.
  • Monitor Delinquent Loans and Work-out Plans.

Skills and Experience:

  • A demonstrated understanding of the local commercial real estate market.
  • Experience underwriting subsidized residential development in NYC; in particular, familiarity with HPD’s Participation Loan Program.
  • Minimum of five years affordable housing finance experience required, 10+ years’ experience preferred.
  • Thorough knowledge of financial underwriting and ability to verify the viability of a deal from the mortgage offering, and to explain such viability to borrowers, mortgage committee, and others.
  • Thorough knowledge of the various requirements of lenders, co-lenders, investors, and other parties to construction lending.
  • Thorough knowledge of the practical steps needed to meet lending requirements, and how to modify a business deal to meet such constraints and requirements.
  • The ability to understand other parties’ needs, and to explain clearly the soundness of a given  problem’s solution.
  • The ability to be creative in searching out other business initiatives not currently part of CPC’s product portfolio.
  • BA/BS required.  Master’s Degree in a related field is preferred. Comparable work experience will be considered.

Apply here: https://home2.eease.adp.com/recruit/?id=12109972

 

Financial Analyst

The Financial Analyst is responsibilities will include developing complex business models, maintaining accurate books and records, budgeting/financial management and communicating findings to senior management. The Finance team is responsible for developing advanced financial models for executive decision making, preparing relevant financial information including basis for analysis and recommendations to management to support the growth and stability of CPC’s various business units.

Roles and Responsibilities:

  • Develop long and short term forecasts for CPC and CPCR’s various businesses to include providing integrated revenue and expense analyses, reports, and presentations.
  • Create monthly, quarterly, and annual financial reports including variance analysis re actual performance vs. budget.
  • Identify trends and developments in competitive environments and present findings to senior management.
  • Prepare presentations outlining both financial findings and other critical analyses supporting recommendations to senior management.
  • Participate in special projects, as required.
  • Perform other administrative duties, as directed.

Skills and Experience:

  • A Bachelor’s Degree in Finance/Business/Economics/Accounting is required. An MBA/CPA is preferred.
  • A minimum of 3 years of finance/accounting experience, preferably in a real estate or banking environment.
  • Must be self-motivated and a wide degree of creativity and latitude is expected.
  • Familiarity with a variety of accounting concepts, practices and procedures.
  • Strong modeling skills.
  • Advanced Excel skills together with a proficiency in Word and Power Point is required.

Apply here: https://home2.eease.adp.com/recruit/?id=16615232

 

Treasury Analyst

The Treasury Analyst works with Treasury Manager in the preparation of various financial and management reports relating to the accounting and finance functions of the Corporation. 

Roles and Responsibilities:

  • Work with corporate staff to gather information necessary for the preparation of treasury reports
  • Compile and review documentation required for audits
  • Work with manager to identify areas of improvement and assist in implementing improvement plans
  • Maintain an accurate account of investor balances
  • Prepare reports for investors in a timely and accurate manner
  • Manages the Corporation’s bank accounts including account reconciliation and transfer of funds.
  • Performs daily reconciliation of bank account balances and McCracken interface data to their related general ledger balances.
  • Identifies and resolves cash and/or investment account discrepancies in a timely manner.
  • Maintains control over intercompany cash transfers, revolving loans transactions and quarterly revolving loan agreement compliance.
  • Responds to external and internal cash and investment related inquiries and assists in any required discrepancy resolution. 

Skills and Experience:

  • BA in Accounting or Finance required
  • 2 – 4 years accounting experience
  • Proficient in Excel
  • Experience with Timberline GL or McCracken Strategy Loan System, a plus

Apply here: https://home2.eease.adp.com/recruit/?id=16615692

 

Accounting Administrative Assistant

The Accounting Administrative Assistant will be responsible for providing professional administrative support to the Accounting and Finance team.

Roles and Responsibilities:

  • Manage daily check deposits using bank scanner and bank tellers at local branches.
  • Assist Cash Manager with daily bank transactions and other functions as directed.
  • Assist Accounts Payable Supervisor with daily transactions and other responsibilities as required.
  • Liaise with other staff members in gathering required information for various management projects
  • Work with other staff members to file and scan.
  • Schedule meetings and screen telephone calls.
  • Provide other administrative support as required. 

Skills and Experience:

  • A minimum of one year of administrative experience.
  • Undergraduate degree preferred or equivalent work experience.
  • Advanced Microsoft Office skills required, primarily Excel expertise.
  • Must be highly organized and detail oriented.
  • Exceptionally strong communication skills and the ability to work independently and in a team setting.

Apply here: https://home2.eease.adp.com/recruit/?id=16615652

 

Freddic Mac Originator

The Freddie Mac Originator is responsible for sourcing and originating mortgage loans for the CPC Freddie Mac Small Balance Loan portfolio and to develop and maintain long-term relationships with appropriate centers of influence to drive origination activities, including, but not limited to: brokers, realtors, builders, attorneys, financial advisors and other external sources.

Roles and Responsibilities:

  • Prospect for new borrower relationships and structure mortgage loans in accordance with both CPC and Freddie Mac Small Balance Loan program.
  • Lead Mortgage Offices from all Field Offices in building the portfolio.
  • Counsel customers on the Freddie Mac Small Balance Loan Program, manage borrower relationships and transactions, successfully guiding borrowers from commitment through underwriting and closing of the loan.
  • Analyze the financial, physical and market suitability of loan against both CPC and Freddie Mac requirements.
  • Lead the due diligence process for all loans in portfolio.
  • Present Loan Packages to Mortgage Committee.
  • Prepare Loan Commitments.
  • Guide customers to appropriate products and staff when the Freddie program is not appropriate to their needs.
  • Perform other duties, as directed or required.

Skills and Experience:

  • Bachelor’s degree required.  Master’s preferred.
  • Minimum of 4 years proven mortgage and customer service experience required.
  • Strong sales, interpersonal and verbal and written communication skills.
  • Knowledge of Freddie Mac guidelines for mortgage lending programs, as well as applicable affordable housing financing experience preferred.
  • Strong quantitative and analytical skills, as well as demonstrated problem solving skills essential.
  • Experience with portfolio and relationship lending is preferred.

Apply here: https://home2.eease.adp.com/recruit/?id=16075812

 

CPC has offices throughout NY State, and opportunities may become available for Mortgage Officers, Assistant Mortgage Officers, as well as support & clerical staff. If you have any questions, please contact Brenda Barnaby  , Human Resources at 646-822-9327. The Community Preservation Corporation is an Equal Opportunity Employer. M/F/Disability/Vet.