Real Estate Financial Analyst (Provisional) at City of BuffaloOffice of Strategic Planning- City hall Room 901, New York, United States — full-time

RESIDENCE: Residence is a requirement for all positions. In the absence of clear and convincing evidence to the contrary, an applicant shall be deemed a non-resident if he/she cannot show ninety (90) days of continuous and uninterrupted residence in the City of Buffalo prior to filing application. THIS DOES NOT APPLY TO ANYONE APPLYING FOR THE BUFFALO POLICE ENTRY LEVEL EXAMINATION.

PLEASE TAKE NOTICE THAT THE ORDINANCES OF THE CITY OF BUFFALO MANDATE CONTINUOUS RESIDENCY IN THE CITY DURING YOUR EMPLOYMENT, EXCEPT FOR POSITIONS SPECIFICALLY EXEMPT UNDER STATE LAW.

FEE: WHERE INDICATED, A NON-REFUNDABLE APPLICATION PROCESSING FEE MUST ACCOMPANY YOUR APPLICATION VIA CHECK, CASH OR MONEY ORDER (If using check for payment, your check must clear to complete processing.)

Check with Civil Service office for fee waiver info.

Distinguishing Features of the Class: Financial Analyst supports the various development activities engaged by Office of Strategic Planning including the administration and oversight of loan and grant applications; underwriting loan and grant files; monitors HOME Investment Partnerships Program (HOME) formula grants from the Department of Housing and Urban Development (HUD); and coordination with lending partners, other City departments and local economic development agencies and non-profit development companies related to the City's economic development and housing goals. The position reports to the Director of Development in the Mayor's Office of Strategic Planning.
Examples of work (Illustration Only): Monitors all lending programs and economic development programs carried out by sub-recipients of the City of Buffalo; oversight of loan documentation and monitors loan and grant disbursements
Supervises rehabilitation loan underwriting for loans through the City and grant files for verification of HUD and City guidelines, as well as standard underwriting criteria, title, debt-to-income ratio and collateral requirements
Works with clients to assure application processing is ongoing from beginning to completion
Evaluates applicant's creditworthiness; and determines which loan programs and funding sources are best suited to individual cases
Recommends funding of certain loan projects after complete review and processing
Directs loan applicants to other funding sources or agencies for supportive services as necessary
Disseminates program information by phone or correspondence and may make oral presentation to individuals or groups
Serves as liaison to the Erie County Industrial Development Agency (ECIDA)
Organizes and communicates referrals to other development organizations for companies seeking assista