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Chief Operating Officer

Vermont Housing Finance Agency (VHFA), located in Burlington VT, is seeking a Chief Operating Officer (COO) who will be responsible for the direction, management, and oversight of VHFA's production departments: Homeownership, Multifamily Asset Management and Development. The COO reports to the Executive Director and will work with Senior Management in developing and implementing successful business plans for each program area. Key activities include maximizing capital resources for VHFA programs and developing new business opportunities, and overseeing all of  VHFA’s real estate loan and production operations.

VHFA strives to be a housing resource for all of Vermont and this position plays an integral role in leading its program operations. The COO position will focus on four primary areas:

  • Finance and capital generation for the Agency. This position must understand real estate finance so that they can evaluate new programs, capital sources and loan products, and work with department directors on sustainable implementation and integration with VHFA housing policies.

  • Project management. This position will manage a variety of special projects at any time and will need strong technological and systems knowledge.

  • Internal and external leadership. As a member of VHFA’s Executive Management team, the COO will manage direct reports as well as demonstrate leadership beyond their direct influence.

  • Communication and relationship building with existing and new customers. These include financial institutions, mortgage lenders, housing developers and managers, and State and Federal partners.

The candidate must have knowledge of the housing industry and real estate finance. Candidates should have a bachelor’s degree in business/public administration, finance, economics, or equivalent experience (Masters Level preferred) and ten years’ experience in senior level management, finance, commercial banking, residential real estate investing and/or real estate development. The ideal candidate would have experience with public finance, Government Sponsored Enterprises, affordable housing programs, and/or mortgage lending.

Strong negotiation, presentation, financial and business analysis skills are required, as is experience setting and implementing business line strategies. A strong work ethic, managerial skills, and a desire to help the Agency fulfill its mission and vision through excellence and innovation are paramount. Candidates must demonstrate exceptional customer service, possess excellent written and verbal communication skills and be able to manage multiple priorities in a fluid environment. VHFA has a strong cohesive team environment and is looking for an individual who desires to contribute and be part of that team. This position does requires some travel and dependable personal transportation.

Named a “Best Small/Medium Place to Work in Vermont” in 2016 and 2017, VHFA offers a competitive salary and excellent benefits. This posting and a summary of benefits is available at www.vhfa.org/careers. Please send cover letter, resume and references to HR@vhfa.org.  Position will be open until filled.

VHFA is an equal opportunity employer and is committed to a diverse workplace. We highly encourage women, persons with disabilities, and people from diverse racial, ethnic and cultural backgrounds to apply.