Talent.com
Kennedy Services
Sr. HUD Loan ManagerKennedy Services • Baltimore, MD, United States
Sr. HUD Loan Manager

Sr. HUD Loan Manager

Kennedy Services • Baltimore, MD, United States
30+ days ago
Job type
  • Full-time
Job description

Sr. HUD Loan Manager

Location: Baltimore

Salary Range: 60.00- 70.00

Position: Loan Specialist

Description: Multifamily Loan Asset Manager

Primary Objective: Manage a portfolio of commercial loans secured by senior and subordinate positions in affordable multifamily developments, with a focus on collections and asset performance.

Key Responsibilities:

  • Maintain regular contact with borrowers, including those with underperforming or nonperforming loans.
  • Track and report on portfolio performance, ensuring timely and accurate reporting.
  • Review and analyze audited financial statements for rent-restricted residential developments to model financial performance and calculate interest due based on available cash flow.
  • Prepare loan history reconstructions to determine unpaid principal and accrued interest balances.
  • Assist in developing and implementing loan workout strategies to maximize asset recovery in line with client objectives.
  • Review and interpret commercial loan documents to ensure servicing and covenant compliance.
  • Address past-due items and default situations, escalating as necessary.
  • Communicate effectively with staff, management, and clients.
  • Adhere to timelines and deadlines set by client and department needs.

Independent Judgment: Identify potential issues, including inconsistencies, errors, and defaults, and report them to managers and clients. Demonstrate understanding of servicing performing, underperforming, and nonperforming affordable multifamily loans, including collections, negotiating terms, securing collateral, asset recovery, and foreclosure processes.

Qualifications:

  • 5+ years of experience managing affordable multifamily loans.
  • Bachelor's degree in business, finance, accounting, or related field, or equivalent experience.
  • Knowledge of commercial loan documentation and servicing practices.
  • Strong attention to detail, organizational skills, and problem-solving abilities.
  • Ability to think critically and assess broader implications of decisions.
  • Proficient in Microsoft Excel, Word, Outlook, and adaptable to new loan servicing software.
  • Professional verbal and written communication skills.
  • Ability to work independently, meet deadlines, and thrive in a fast-paced environment.
  • Comfortable with technology and Microsoft Office Suite applications.

Additional Information: This position is fully onsite. Duties, responsibilities, and qualifications may evolve over time based on business needs. Dress code is business casual with occasional business attire.

Create a job alert for this search

Sr. HUD Loan Manager • Baltimore, MD, United States

Similar jobs

Strategic Credit Risk Leader

TransamericaBaltimore, MD, United States
Full-time

A leading financial services company is seeking a Head of Credit Risk Management to provide functional leadership in managing credit risks.This role involves developing credit risk standards, monit... Show more

 • Promoted

A Calling Like No Other

U.S. Marine CorpsNew Freedom, PA, US
Full-time

Those who put others before themselves.Who can rise up in the face of danger.This country we call home has been our haven of safety for 250 years.And it's up to us to keep it that way.There's a goo... Show more

 • Promoted

Strategic Portfolio Relationship Leader

GHDBowie, MD, United States
Full-time

A global professional services company is seeking a Portfolio Relationship Manager to enhance client engagement and drive growth.This role requires 10-20 years of experience in the environmental se... Show more

 • Promoted

Finance Systems Engineering Manager

Element Fleet CorporationBaltimore, MD, United States
Full-time

Element Fleet Corporation is seeking a Manager for Software Engineering Finance System to lead technology initiatives and ensure high-quality solutions across enterprise platforms.The role involves... Show more

 • Promoted

Senior Portfolio Manager

PeratonMD, United States
Full-time

Must possess relevant experience applying Agile management and Total Quality Control management methodologies to complex IT-focused projects.Must have demonstrated experience managing technical sof... Show more

 • Promoted

Retail Mortgage Loan Originator

TruistBowie, MD, United States
Full-time +2

The position is described below.If you want to apply, click the Apply Now button at the top or bottom of this page.After you click Apply Now and complete your application, you'll be invited to crea... Show more

 • Promoted

Agency CRE Loan Closings Specialist (Fannie/Freddie)

Regions BankMD, United States
Full-time

Regions Bank is seeking an RRECM Loan Closing Execution Associate to manage the closing and delivery of commercial real estate multifamily loans, including Fannie Mae and Freddie Mac loans.The idea... Show more

 • Promoted

Director, Loans Lifecycle Engineering (Remote)

AffirmBaltimore, MD, United States
Remote
Full-time

Affirm is seeking a Director for the Loans Lifecycle engineering organization.You will lead the Loans Platform, Ledger Engineering, and Financial Reporting teams.Candidates should have over 15 year... Show more

 • Promoted

Portfolio Leader

GHDBowie, MD, United States
Full-time

There’s no pledge more important than the one we make to look after our environment, and we’re committed to helping you do exactly that.Join us as we strive to ensure a sustainable future for our c... Show more

 • Promoted

Floating Relationship Banker

First National Bank of PennsylvaniaSeverna Park, MD, US
Full-time

Make a difference - for us and for your future.This position is expected to develop proficiency of basic consumer banking transactions, account servicing, and lending.The incumbent is responsible f... Show more

 • Promoted

Neuroscience Account Manager - Psychiatry - Baltimore, MD

LundbeckSparks, MD, US
Full-time

Territory: Baltimore, MD - Neuroscience - Psychiatry.Target city for territory is Baltimore - will consider candidates who live within 40 miles of territory boundaries with access to a major airpor... Show more

 • Promoted

Director, Unsecured Credit Risk — Strategy & Analytics (Remote)

First National Bank of OmahaMD, United States
Remote
Full-time

First National Bank of Omaha is seeking a Director of Credit Risk responsible for managing credit risk strategies for unsecured installment loans.The role involves developing and implementing strat... Show more

 • Promoted

Sr. HUD Loan Manager

Kennedy ServicesBaltimore, MD, United States
Full-time

Description: Multifamily Loan Asset Manager.Primary Objective: Manage a portfolio of commercial loans secured by senior and subordinate positions in affordable multifamily developments, with a focu... Show more

 • Promoted

Asst. Branch Manager-Chesapeake City

APG Federal Credit UnionMD, United States
Full-time

Branch Manager-Chesapeake City page is loaded## Asst.Branch Manager-Chesapeake Cityremote type: Onsitelocations: Chesapeake City, Marylandtime type: Full timeposted on: Posted 9 Days Agojob... Show more

 • Promoted

Complex Claim Director (Financial Lines - Public D&O)

CNA InsuranceTimonium, MD, United States
Full-time

You have a clear vision of where your career can go.And we have the leadership to help you get there.At CNA, we strive to create a culture in which people know they matter and are part of something... Show more

 • Promoted

Sr. Project Manager

SynagroBaltimore, MD, US
Full-time

Synagro partners with stakeholders to clean our water, protect our environment and serve our communities by generating worth from what others consider waste.We work to protect the health of our wat... Show more

 • Promoted

Senior Relay Engineering Analyst

Constellation EnergyPhoenix, MD, US
Full-time

As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose: accelerating the transition to a carbon-free future.We have been the leader in clean energy p... Show more

 • Promoted

TEAM LEADER

618 Main Clothing Corp.Glen Burnie, MD, United States
Full-time

The Team Lead is responsible for supporting the Management Team by demonstrating a Selling Behavior, Floor Leadership and promote a Positive Work environment.Assist the Store Manager/Assistant Mana... Show more

 • Promoted

Non-Financial Risk Manager - NFR - Director

PowerToFlyBaltimore, MD, United States
Full-time

The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franc... Show more

 • Promoted

Remote Corporate Finance Lead

DataAnnotationMD, United States
Remote
Full-time +1

A leading AI development firm is seeking a Head of Corporate Finance to enhance AI through financial expertise.This role allows for flexible remote work, suitable for full-time, part-time, or occas... Show more