Collateral Valuation Analyst
Denver, CO
Position: Collateral Valuation Analyst Division/Department: Asset Management/Asset Quality Classification: Non-Exempt
About CHFA CHFA strengthens Colorado by investing in affordable housing and community development. We offer financial resources to strengthen homeownership, affordable rental housing, and businesses.
Our participating lenders and community partners help us deploy our resources statewide. Together with our partners, CHFA has invested more than $37.4 billion in Colorado's economy.
Nature of Position As an asset-based lender, this position plays a role in ensuring the overall collateral quality held by CHFA through CHFA’s current loan portfolio and evaluation of potential new deals. As such, the incumbent, in collaboration with the Senior Collateral Appraiser/Market Analyst, provides technical/knowledge support for complex real estate, appraisal, valuation, economic, and market condition matters.
Essential Functions
Appraisal/Evaluation:
Assist with review and analysis of appraisals.
Confirm and report accurate subject details.
Conduct research for market and comparable data.
Prepare annual collateral evaluations in CHFA’s multi-family and commercial properties loan portfolio.
Maintain schedule for review/closing deadlines.
Tax Credit Market Study:
Perform review and analysis of submitted market studies.
Confirm and report factual information for the subject property and comparable properties in the report.
Update annual Low-Income Housing Tax Credit (LIHTC) Statewide Income Eligibility Tables.
Update and maintain existing LIHTC property data spreadsheets and maps.
Research and report existing LIHTC supply and accurate property data.
Extract and report market data for comparable properties in a standardized format.
Note and report any inaccuracies found in CHFA’s LIHTC portfolio, submitted market studies, and appraisals.
Confirm primary market area boundaries and census tracts contained therein.
Market/Economic Conditions:
Assist in researching apartment and general market conditions throughout the state.
Special Projects:
Complete valuation and/or market related projects upon request.
Knowledge, Skills, and Ability
Knowledgeable in
research, reporting, and presentation
valuation methodologies and techniques
preferred familiarity with appraisal and review standards (e.g. USPAP, FIRREA, HUD, etc.)
market data research
Knowledge of the LIHTC, New Market Tax Credit, Section 8 programs.
Financial analysis, economic, verbal and written communication, planning, and organizational skills with an attention to detail required.
Must be able to multi-task and work with a wide range of people with diverse interests.
Working competency, or ability to learn, in software typically used in appraisal industry.
Abilities that reflect our values:
Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processes.
Ability to work towards inclusion in all activities, and decisions through the solicitation and appreciation of diverse perspectives.
Ability to exercise personal accountability in all activities and decisions.
Ability to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessary.
Ability to operate with a sense of integrity.
Ability to have fun with a demonstrated sense of humor.
Ability to establish rapport with persons of diverse ethnic, racial, and cultural backgrounds.
Experience/Education
Minimum two years’ experience in multifamily housing industry, with specific experience in affordable housing desired.
Education or experience in Real Estate, Business, Finance, Economics, or a related field.
Education or experience with appraisal and market studies preferred.
Strong data research skills.
Interest in furthering appraisal and market study education is desirable.
Equipment Used
Telephone; personal computer; financial calculator; photocopy, and vehicle.
Work Environment
The incumbent in this position will perform the essential functions of the position primarily in a hybrid environment, which requires sitting for long periods at a desk. Must be able to assess the physical condition of the properties which may require accessing areas such as individual units, roofs, basements, boiler rooms, common areas, etc., which may or may not be handicapped accessible. To access these areas, the incumbent may be required to walk, crawl, climb, and move and position items. Ability to type reports and use a computer, with or without assisting devices. This position requires high levels of interaction and collaboration with others. This position requires travel within the state, including occasional overnight trips.
Validation Statement
This job description is a general description of essential job functions, not intended as an employment contract or to describe all duties someone in this position may perform.
Salary Range
$69,000 - $85,000 plus annual bonus
Benefit Information
Comprehensive medical, dental, and vision insurance plans with competitive rates
Generous Paid Time Off, including paid volunteer time and leave programs.
Please visit our benefits page for additional information
How to Apply
Internal candidates: Please apply internally via the job and career development page
External candidates: Please apply online at www.chfainfo.com - Careers Tab (Click here.)
Applications for this position are encouraged through April 12, 2025, and will be accepted until the position is filled.
With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority prohibits unlawful discrimination against applicants or employees on the basis of age 40 years and over, race, sex, sexual orientation, gender identity, gender expression, color, religion, national origin, disability, military status, genetic information, marital status or any other status protected by applicable federal, state or local law. Requests for reasonable accommodation, the provision of auxiliary aids, or any complaints alleging violation of this nondiscrimination policy should be directed to the nondiscrimination coordinator, 1.800.877.2432, TDD/TTY 303.297.7305, CHFA 1981 Blake Street, Denver CO 80202-1272, available weekdays 8:00 a.m. to 5:00 p.m.