State of Maryland

CDA Lending and Risk Analyst Senior III (#003731)

- Hourly / - BiWeekly /
- Monthly / $68,901.00-$110,635.00 Yearly




A CDA Lending and Risk Analyst Senior III 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, planning and zoning documents, etc.

The CDA Lending and Risk Analyst Senior III 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 receive managerial supervision from a higher CDA Lending and Risk Analyst or Director.

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


Advanced Level Function

Serves as skilled and technical expert in specific high complexity programs or operational areas that may include, but is not limited to, construction management, feasibility and environmental and geotechnical studies, financial and risk analysis pertaining to CDA loan programs, energy assistance, rental assistance, or any other technical assistance under DHCD-CDA programs etc.  

Lead Level Function  

Plans, coordinates, supervises and evaluates the work of other CDA Lending and Risk Analysts and related support staff.

Assigns, reviews, and approves the work of and trains lower-level CDA Lending and Risk Analysts.

 Assists in coordinating the financial aspects of construction projects from conception to completion.

Plans to prevent problems and resolves any emerging ones and ensures quality construction Studies and reviews project plans, standards, special provisions and other pertinent information to obtain comprehensive understanding of all aspects of project standards and the use of proper construction techniques.

Performs risk analysis of one or several 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.

Prepares risk analysis reports, and statements for use by management, internal/external auditors and stakeholders;

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

Directs activities of one or more CDA housing and community development program(s), such as the Rental Service Program, Multi-Family Bond Loans

Provides technical expertise in the assigned program(s).

Develops short and long-range plans for program operations and resources

Analyze feasibility of project pertaining to multifamily housing projects.

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, construction, and or any other technical assistance program.

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

Knowledge of construction contracts, specifications and plans, methods, procedures and materials;

Knowledge of industry standards and practices applicable to building design and construction;

Knowledge of State, local and federal laws, regulations, codes, zoning requirements and permit procedures applicable to building design and construction;

Knowledge of computer-assisted design software and equipment;

Knowledge of field inspection techniques related to construction;

Ability to review large-scale building construction project designs, plans, specifications, feasibility reports and cost estimates in order to determine adherence to the contract, specifications, standards, governing regulations and codes and sound engineering or architectural practices;

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.


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, plus years of professional financial/risk analysis experience, such as managing   government programs, risk analysts, debt portfolios, examining and or analyzing financial statements, budget, grant or real estate investment portfolio records and reports, or four years of experience in Construction Management pertaining to single family or multifamily housing government programs (as applicable).  


1.  A Quality Control Inspector certification, Project Management Certification, Leadership in Energy and Environmental Design (LEED) certification or certified Public Accountant (CPA) certification or documented eligibility to sit for the CPA Examination may be substituted for the educational requirement.   

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

3.  Candidates may substitute one year of professional financial analysis experience, such as managing financial asset and debt portfolios, or one year of residential construction discipline or multifamily construction management.    

4.  Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting or Loan Officer Classifications, or as a commissioned officer 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: 003731; EST: 7/1/2019; REV: ;

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