Deputy Director, Credit Risk

Job description

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City. Area of Talent: Credit Risk/Affordable Housing Position Type: Full Time/Exempt Salary Range: $140,000 to $150,000 Location: NYC/Financial District Position Summary : The Deputy Director, Credit Risk, will support the Chief Risk Officer and Credit Risk team in evaluating and managing credit risk to protect HDC's financial integrity. This role reports to the Chief Risk Officer. Responsibilities : - Assist in developing and reviewing credit risk management policies and procedures that will protect HDC’s interests and maintain the financial integrity of financing - Conduct risk assessments of various types of credit risk faced by HDC - Administer HDC’s Credit Committee, including the scheduling of meetings, posting of Credit Committee memos, reviewing all credit proposals, and liaising with the Development team to move the project pipeline through the credit approval process - Finalize credit memos by ensuring they are complete, curr...