City of Detroit Programmatic Underwriter III in Detroit, Michigan
Programmatic Underwriter III
$67,174.00 - $83,430.00 Annually
MI 48226, MI
Certified-Regular Civil Service
Housing & Revitalization Department
The Housing and Revitalization Department is seeking to fill a Programmatic Underwriter III position. The Programmatic Underwriter III is an experienced level professional located within the City of Detroit Housing and Revitalization Department's Office of Programmatic Underwriting that requires minimal direction and supervision. The Programmatic Underwriter III primarily serves as the lead advisor to management on the evaluation of the funding requests, measurement of contract risk, and approval of funding to a recipient or sub-recipient. Programmatic Underwriters gather financial information critical to the decision making process; meet with recipients and sub-recipient to discuss proposals; explain various types of funding criteria, standards, guideline, policies and procedures; and evaluate and analyze the overall financial portfolio of a recipient or sub-recipient to make a final recommendation regarding whether or not to approve a funding request. Other key services performed by Programmatic Underwriters include providing management services, monitoring sub-recipients progress against performance goals, approving draws, meeting with sub-recipients/providers, resolving project issues, consulting with governmental agencies, negotiating terms, promoting public awareness, training staff, researching social conditions, updating funding files, evaluating and summarizing the overall effectiveness (impact and outcomes) of programs, and staying informed on governmental policy and regulations changes. Programmatic Underwriters perform a detailed analysis on recipients and sub-recipients based on the review of financial viability, plan feasibility, project budget, and potential incentives.
Examples of Duties
The Programmatic Underwriter III performs a variety of underwriting, program, and project management functions including, but not limited to:
Meets with recipient or sub-recipient to identify and achieve program goals and obtain information or applications and to answer questions about the process to determine whether they meet criteria for support;
Analyzes feasibility of complex projects related to public service programs;
Coordinate and facilitate sub-recipient meetings and workshops;
Analyzes and evaluates, on a quantitative or qualitative basis, the effectiveness of program operations in meeting established program goals and objectives;
Interprets and ensures compliance with Federal, State, and Local, and departmental program regulations, policies, and procedures;
Utilizes data collection and analysis techniques to evaluate individual programs;
Provides oral and written reports to management for their consideration and decision-making;
Reviews and analyzes complex recipient or sub-recipient, financial status, credit, and property evaluations;
Performs difficult technical work related to the planning, development, financing, implementation, and administration of public service programs;
Lead and coordinate all phases of Public Service Request For Proposal (RFP) applications review process, and procurement of required documentation, including preparation of applications and ongoing project monitoring and management;
Reviews, approves, and monitors project budgets, draw schedules, and program draws;
Handles recipient or sub-recipient complaints and takes appropriate action to resolve them;
Provides technical assistance to sub-recipients related program services, outreach, and outcomes – works with sub-recipient to help strengthen the overall impact of program services;
Manages and provides oversight over the utilization of public service project funding;
Upon award of grant, monitors and tracks sub-recipient performance toward scope of services and budget;
Attends meetings of community groups as assigned and summarizes discussion and action items;
Performs certain underwriting functions involving non-profit organization operating budgets, capital investment designed to encourage public service activities;
Performs Housing and Urban Development (HUD) and related community development research as required; prepares reports for city management and City Council;
Prepares advanced statistical data analysis and reports of demographic and social conditions; and
Monitors and updates sub-recipient information on web page, as needed
Bachelor's degree from an accredited college or university, with major course work in business administration, public administration, accounting, finance, economics, or other related field of study.
Three (3-5) years of professional experience involving grant making and management (public/private/ government), as well as systematic preparation, review, analysis, interpretation, and evaluation of sub-recipient data, budgets, grants, loans, or other financial data is required. Programmatic Underwriter must demonstrate proficiency with program related evaluation and HUD requirements, as well as be proficient in integrated word processing and spreadsheet functions and project management software and tools.
License / Certificates
Equivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis.
WRITTEN TEST REQUIREMENTS:
Applicants may be required to take written tests or perform work simulations to illustrate proficiency in skill set specific to a particular technology application or ability to use traditional software packages such as Microsoft Office Suite, including Word and Excel.
Subjects and Weights:
Oral Appraisal - 70%
Evaluation of Training, Experience, Personal Qualifications (TEP) – 30%
Total of Oral Appraisal & Evaluation of TEP= 65%(Min) - 100% (Max)
PLEASE ATTACH A RESUME TO THE APPLICATION
(INCOMPLETE APPLICATIONS WILL NOT BE CONSIDERED)
City Employees Benefits Summary
The City of Detroit offers a competitive and comprehensive employee benefit package. We pride ourselves on the longevity of our employees. Part of the reason for the low turnover rate is the exceptional benefit package listed below. Benefits include, but are not limited to the following:
Eligible for hospital, surgical, and prescription drug benefits after ninety-one (91) days of employment.
Eligible for dental care after sixth (6) months of employment.
Eligible for eye care after six (6)months of employment.
Optional group insurance available to employee and their family. The City pays 60% of premium for first $12,500 of employee life insurance. Employee may purchase, at own expense, life insurance for spouse and each dependent.
Long-Term Disability Insurance (Income Protection Plan)
The City offers disability insurance through payroll deductions for persons who become disabled and who are not yet eligible for a service retirement.
VACATION and LEAVE
New Year’s Day
Martin Luther King’s Birthday
Day after Thanksgiving
New Year’s Eve
City employees accrue sick leave based on the number of regular hours worked. Full time employees earn ninety-six (96) hours of sick leave per year. You may carry over your unused sick leave. Effective July 7, 2012 maximum accumulation is 300 hours.
Other Leave Policies
The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave,
City Employees Retirement System
As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after:
• Completion of thirty (30) years of service; - At age sixty (60) if you have at least ten (10) years of service, or - At age sixty-five (65) with eight (8) years of service. (In the event of disability, other eligibility rules apply); • An early, actuarially reduced, retirement is offered after you have attained at least twenty-five (25) years of service; • Employees are vested after ten (10) years of service, regardless of age.
Employees have many opportunities for growth and career advancement throughout all City departments and divisions.
Have a successful career with the City of
Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit.
Please indicate highest grade completed
High School Diploma/GED
Describe in detail how your education and work experience makes you uniquely qualified for this position. This is your opportunity to identify any training programs that you completed; or other distinctive experience and skills that you possess that elevates your candidacy above the other applicants.