Account Executive

Making a Difference: HUD's Mission
HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination and transform the way HUD does business.

The following are the duties of this position at the GS-11. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.

As an Account Executive, you will:

• Ensure that all policies and procedures are properly observed, all transactions are conducted with authorized personnel, all records and contracts are complete and up to date, and all customer position limits/risk tolerances are observed
• Participate in team discussions, prepare reports for management, represent the Department in discussions with key stakeholders, and provide lender profiles/summaries on an "as needed" basis.
• Be responsible for providing recommendations to the Senior Account Executive and/or the Branch Chief for all loan level and deal level credit decision making. Work with Production staff to provide input on new loan applications including information about market conditions, management agent and owner.
• Review and analyze property-level financial statements, including monthly accounting reports and other property financial data.
• Review borrower requests related to leases, collateral releases/substitutions, letters of credit, changes in property management, reserve/holdback release, loan extensions and loan modifications, interest rate reductions, and other project-related requests and forward to respective approving official.