|Position:|| ||Financial Analyst|
|Municipality:||CHFA CT Housing Finance Authority|
Financial Analyst 1
About the Connecticut Housing Finance Authority:
Connecticut Housing Finance Authority (“CHFA”) is a self-funded,
quasi-public organization. Its mission is to alleviate the shortage of
housing for low-to moderate-income families and persons in the state of
Connecticut (“State”) and, when appropriate, to promote or maintain the
economic development of the State through employer-assisted housing efforts.
CHFA is a mission-driven leader in creating #affordablehousing
opportunities for families and individuals in Connecticut. We believe in
the power of the diverse and inclusive communities we serve. We provide a
challenging, progressive, and supportive environment that encourages and
promotes employee development.
We offer competitive salaries; tuition reimbursement; 457
deferred compensation, state sponsored pension plan, comprehensive health,
dental, life, and disability plan, paid vacation, sick, and holidays, hybrid
work schedule, ongoing training, career development and if qualified employee
may be eligible for student loan forgiveness under Federal Loan assistance
About the Position:
The position is responsible to assist and work with team members
from other divisions within Finance and with staff from different departments on
various reporting projects to internal and external constituencies such as
rating agencies, auditors, and regulatory entities. This position will research
the Authority’s programs and offerings such as multifamily lending and single
family loan purchases and formulate whether such programs and offerings are
consistent with the bond cash flow assumptions and/or financial objectives.
This position will assist the Manager in analyzing new financial undertakings
by the Authority; participate in review of the financial feasibility, risks,
along with costs and benefits. This position will have the opportunity to
participate in bond issuance transactions, working with counterparties such as
the quantitative consultant (cash flow provider), investment banks, legal
counsel, developers and rating agencies.
SUPERVISION RECEIVED: Receives
direction from the Manager 1, Financial Management or a position of a higher
data collection process, acquire data from primary and/or secondary data
sources related to the Authority’s programs (single family and
multifamily) and test and validate data for reasonableness.
and interpret data i.e., trends and patterns regarding the Authority’s
book of business and compare results to bond cash flow assumptions and/or
Financial and Financial Market Reports – prepare and compile periodic
reporting packages for internal and external purposes and responsible for
packages will encompass various financial, investment, and capital market
activities of the Authority, regulatory reports (such as 15c2-12),
surveillance of the investment portfolio, rating agency queries and
Authority in Debt Management – support the division to manage bond
structuring and flow of funds. Assist in the data gathering process to
analyze financing structures with investment banks, cash flow provider,
rating agencies and legal counsel.
legal documentation to identify risks to the Authority.
Authority in Post Issuance Management – prepare, monitor and track monthly
MBS payments and swap hedges. Assist in preparing bond redemption package
in order to comply with the IRC. Monitor requirements stipulated by the
in New Debt Structuring Projects – help research and analyze new and
improved ways to generate financing and investments for the Authority to
achieve its mission.
Business Processes – participate in the analysis of current process to provide
necessary recommendation for changes. Assist in any implementation,
documentation, and monitoring of process changes.
ad-hoc analyses and additional duties as assigned.
MINIMUM QUALIFICATIONS REQUIRED:
BS/BA degree in finance, accounting, economics, or a related
field; requires a minimum of three years’ of analytical work experience in
finance, accounting or a related field or an equivalent combination of
education and experience. Experience in lieu of education will be considered.
Advanced excel skills (VLOOKUP, pivot tables and other complex
functions). General understanding of data base systems. Effective and
professional interpersonal/communication and verbal and written skills. Able to
build relationships with internal and external partners. Detail oriented with
strong analytical skills and organizational skills to manage multiple project
deliverables required. Able to work independently and demonstrate initiative.
ALL OTHER DUTIES AS ASSIGNED:
This is not an exclusive list of all job functions, and the
employee is expected to complete all duties as assigned. Duties and
responsibilities may be added, deleted, or changed at any time at the
discretion of management, formally or informally. This job description in
no way constitutes an employment contract or agreement.
Salary: $57,088 to $75, 263 (DOE)
To apply for this position, submit resume, and cover letter
referencing the position for which you are applying, and complete the on-line
application at https://www.chfa.org/careers
Applications will be opened until position filled.
CHFA is an equal opportunity/affirmative action employer and
strongly encourages the applications of women, minorities, veterans, and
persons with disabilities.