The mission of the Department of Neighborhood Development (DND) is to make Boston the most livable city in the nation by working with communities to build strong neighborhoods through the strategic investment of public resources. DND oversees programs that create and preserve affordable housing, support homeowners and renters, provide housing and services to homeless individuals and families, and dispose of city-owned property.
Much of the financial assistance DND provides to affordable housing developers and homeowners is in the form of loans. The Loan Management Unit within DND is responsible for managing DND’s loan portfolio, including billing and disbursements, as well as processing new loans, loan modifications, subordinations, and discharges.
Brief Job Description (essential functions of the job):
Under the supervision of the Assistant Director for Loan Management, the Asset Manager performs various functions related to the maintenance of the department’s loan portfolio and performs special projects as directed. The Asset Manager is a key member of DND’s Finance Division, ensuring that existing loans are in good standing and that new loans are set up in accordance with departmental policies and procedures.
BOSTON RESIDENCY REQUIRED.
Union/Salary Plan/Grade: SEIU 888/N-21
Hours Per Week: 35