State of Maryland

CDA Lending and Risk Analyst Senior I (#003729)

- Hourly / - BiWeekly /
- Monthly / $60,514.00-$97,159.00 Yearly




A CDA Lending and Risk Analyst Senior I is the senior level of work examining, analyzing, and interpreting financial and or construction data that may include but is not limited to financial statements, income statements, tax statements, profit and loss statements, cash flow, construction documents such as contracts, plans, specification, blue prints, construction budgets, feasibility studies, environmental studies, geotechnical studies, change orders, notice of completion, etc.

The CDA Lending and Risk Analyst Senior I performs financial analysis of applicants documents to determine eligibility (as applicable) for CDA programs including but not limited to mortgage lending, energy assistance, grants, rental assistance, business lending, special loans, multifamily housing finance, housing rehabilitation, infrastructure and neighborhood rehabilitation.

Employees in this classification do not supervise subordinate CDA Lending and Risk Analysts, but may supervise administrative clerical support staff.  

Employees in this classification receive general supervision from a CDA Lending and Risk Analyst Manager or Director.

The work may require travel throughout the State of Maryland to attend conferences, hearings, meetings or site inspections.  

The CDA Lending and Risk Analyst Senior I is differentiated from the CDA Lending and Risk Analyst I, II and III, in that the CDA Lending and Risk Analyst Senior I is a senior employee performing under a higher degree of independence than the CDA Lending and Risk Analysts I, II, and III. The CDA Lending and Risk Analyst Senior I may also at times trains subordinate CDA Lending and Risk Analysts.


Performs risk analysis to determine applicant’s suitability pertaining to CDA loans, grants, or assistance programs.

Monitor CDA programs and/or projects to ensure compliance with Federal, and State Laws and Regulations. For example, the Fair Housing Act, the Davis Bacon Act, and or the Annotated Code of Maryland (COMAR).

Performs financial/arithmetic calculations to ensure compliance with Federal and State agencies program guidelines, for example, the U.S. Securities Exchange Commission (SEC), the Internal Revenue Service (IRS), and the Maryland Public Service Commission.

Prepares financial records, reports, and statements for use by management, and internal/external auditors and stakeholders.

Conduct site inspections to ensure compliance with Federal and State Laws, DHCD procedures and or with terms and conditions of the contract.

Monitors the disbursement of funds to ensure compliance with state and federal legislation, rules, regulations, and policies.

Performs other related duties.  


Knowledge of Federal and State Laws governing DHCD-CDA loans, energy assistance programs, CDA grants, rental assistance programs, as well as technical assistance programs for multifamily and single family housing development and rehabilitation, neighborhood revitalization and business development, community infrastructure development, historic preservation and other areas related to housing and community development programs.

Knowledge of Federal, and State Laws, Rules and Regulations pertaining to DHCD-CDA loan programs, grants, and or assistance programs.

Knowledge of real estate finance, investments, loan amortization, fixed and variable rate, debt income ratio, etc.

Knowledge of Generally Accepted Accounting Principles (GAAP), commercial accounting systems and State/Federal reporting requirements.

Skill in using computerized financial analysis and software, including but not limited to spreadsheet software and database applications.

Skill in financial analysis and reporting methods as they relate to CDA loan programs, grants, rental assistance, and or energy assistance.

Skill in the preparation of clear, accurate and detailed reports

Ability to interpret and apply state and federal laws, policies, rules, and regulations pertaining to, but not limited to, CDA loan programs, grants, rental assistance, and or energy assistance.

Ability to establish and maintain professional working relationships with program applicants, bank officials, contractors, colleagues, management staff, officials from other federal and state agencies and the general public.

Ability to effectively organize and manage work assignments and meet deadlines.

Ability to communicate effectively.


Education: A Bachelor’s degree in Finance, Business Administration, Economics, Accounting, Construction Management or a related field from an accredited college or university.  

Experience:  Four years of professional financial/risk analysis experience concerning government lending or assistance programs, or four years of experience in Construction Management pertaining to single family and or multifamily housing government programs (as applicable).  


1. A Master’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university may be substituted for two years of the required experience.  

2.  Candidates may substitute one year of professional financial, lending and risk or construction analysis experience, such as managing financial asset and debt portfolios, examining, analyzing, and interpreting accounting, budget, or grant or real estate investment portfolio records and reports, or managing government housing projects for 30 credits on a year-for-year basis for the required education.    

4.  Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting or Loan Officer Classifications, or Financial Management specialty codes in the accounting field of work in business and industry classification, or business and industry specialty codes in the housing management field of work on a year-for-year basis for the required experience and education.


Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator’s license valid in the State of Maryland.


Class specifications are DHCD specific job descriptions covering groups of positions used by the Community Development Administration Division within the Department of Housing and Community Development agency. Position descriptions maintained by the using department or agency specifically address the essential job functions of each position.

Class Descriptions provide information about the Nature of Work, Examples of Work, General Requirements and Acknowledgements.  The Required Knowledge, Skills, and Abilities; Minimum Education and Experience Requirements; Special Requirements; and recruitment and testing procedures are set by DHCD, the using agency.

This is a Skilled Service classification in the State Personnel Management System.  All positions in this classification are Skilled Service positions.  Some positions in Skilled Service classifications may be designated Special Appointment in accordance with the State Personnel and Pensions Article, Section 6-405, Annotated Code of Maryland.

Date Established

July 1, 2019

Approved By

Director, Division of Classification and Salary

CLASS: 003729; EST: 7/1/2019; REV: ;

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