Program Specialist - Commercial Lending

WHY WHEDA? WHEDA serves Wisconsin residents and communities by working with others to provide creative financial and technical resources to stimulate and preserve affordable housing, small businesses, and agriculture.

WHEDA values Equity, Diversity and Inclusion as part of our culture.

WHEDA is an equal opportunity and Affirmative Action employer seeking a diverse and talented workforce. Veterans are also encouraged to apply.

WHEDA has a remote work policy where certain employees may enjoy a remote work schedule, based on position and business needs. See more details below related to this specific position.

WHEDA is seeking qualified candidates for the position of Program Specialist on our Commercial Lending team in our Madison office. This position is responsible for coordinating and carrying out the day-to-day operations related to the Commercial Lending Department.

The Program Specialist for Commercial Lending is responsible for administrative support for the department that includes both clerical and program coordination activities.

Hiring Range for this position is from $20.83/hr. to $25.24/hr. Offered Salary will be based on qualifications and internal pay equity. WHEDA provides a competitive salary and WHEDA employees participate in the State of Wisconsin benefit package which includes retirement, health insurance and deferred compensation programs.

WHEDA employees participate in the State of Wisconsin benefit package (https://www.wheda.com/about-wheda/careers/benefits). WHEDA offers an excellent benefits package that includes: Medical, Vision, and Dental Insurance, State Retirement plan; 457 Deferred Compensation, Group Term Life Insurance (and optional term life insurance for family members), Commuter Allowance, Short and Long Term Disability Insurance, paid sick leave, paid vacation time thirty six (36) personal holiday hours, Nine (9) paid legal holidays per year, tuition reimbursement program.

Essential Duties:

• Processing multi-family loans, tax credits, tax-exempt applications
• Processing construction funding/draw requests
• Processing, analyzing, and tracking letters of credit
• Coordinating and assisting in the administration of Federal funds
• Maintaining and designing team web pages Issuing documentation to reserve, carryover, and allocation of Federal low-income housing tax credits.

Candidate will have knowledge of:

• Applicable principles and practices in assigned program area
• Applicable Federal, State, and local laws and regulations
• Data collection methods
• Loan programs and documentation requirements
• Financial statement and cash flow analysis methods Underwriting principles and practices
• Payment processing and receipt processing procedures
• Investor, Fannie Mae, Freddie Mac, Ginne Mae, FHA and Insurer requirements
• Escrow rules and regulations (RESPA)
• Homeowners Insurance general principles
• Basics of Private Mortgage Insurance
• Mathematical principles and practices
• Accounting principles and practices
• Modern office practices and equipment
• English usage, spelling, grammar, and punctuation
• Records maintenance principles
• Customer service principles.

Candidate will the following skills:

• Providing customer service
• Using a computer and related software applications
• Handling multiple tasks simultaneously
• Performing mathematical calculations
• Preparing, updating, and designing reports, forms, and documents
• Collecting, analyzing, and summarizing data
• Applying loan/program administration activities
• Processing, creating, and reviewing loan/program documentation
• Maintaining files, records, databases, and other related systems
• Collecting, analyzing, and summarizing data
• Preparing reports
• Preparing business correspondence
• Using modern office equipment
• Communicating laws, codes, regulations, policies, and procedures
• Communication, interpersonal skills as applied to interaction with coworkers, supervisor, the general public, etc. sufficient to exchange or convey information.

• High School Diploma, or G.E.D., and four years of progressively responsible experience related to the area of assignment; or, an equivalent combination of education and experience sufficient to successfully perform the essential duties of the job.

Interested candidates can apply online at WHEDA.com. Questions can be directed to whedahr@wheda.com,

An Equal Employment Opportunity Employer Operating Under an Affirmatives Action Plan.

Applications will be accepted until position is filled.