If you are interested in combining your skills in affordable mortgage financing and business development with making a difference in the world of affordable housing, join our team as a Business Development Manager!
About Us: MHP, a non-profit public agency, is a national leader in affordable housing finance. When breakthrough studies linked a racial wealth gap to unequal access to homeownership opportunities, MHP worked in collaboration with key partners in the non-profit, public, and private banking worlds to create its flagship home buying program: the SoftSecond Loan Program. Combined with its successor, the ONE Mortgage Program, MHP has spent 30 years helping more than 23,000 low- to moderate-income first-time homebuyers—half of whom are people of color—achieve their dream of homeownership. MHP has continued to grow and manage critical programs, mostly recently with the Massachusetts Homeowner Assistance Fund (HAF). This $150+ million program will provide mortgage relief and financial assistance to residents of the Commonwealth to help them avoid foreclosure. Looking ahead, MHP is excited to infuse its homeownership programs with American Rescue Plan Act (ARPA) funding to better meet the needs of low- and moderate-income first-time homebuyers. This is an exciting opportunity to join MHP’s Homeownership team at a time when our programs and impact are growing rapidly.
At MHP, we celebrate diversity and are committed to an inclusive environment for our employees.
Current Opportunity: We are seeking aBusiness Development Manager who will be an essential and crucial member of MHP’s Homeownership team. The person in this position will play a key role within MHP by leading our efforts to engage, recruit, onboard, and retain lending partners who offer our various homeownership programs. The role’s primary focus will be on designing and implementing an effective lender outreach strategy to grow our number of participating lenders, thereby increasing statewide loan volume. The person in this position will call on existing and prospective lenders to identify their CRA-related mortgage lending needs and how they align with MHP’s programs and efforts to more readily provide affordable mortgage options to underserved households and households of color. The Business Development Manager is an opportunity to work across sectors, bridging the gap between publicly funded homeownership assistance programs and the private lending community.
This position provides an opportunity to combine subject matter expertise and an entrepreneurial mindset to make an impact on affordable housing options for Massachusetts residents. Your day-to-day responsibilities will include the following:
Develop and maintain detailed and ongoing knowledge of MHP’s homeownership programs and products; Stay current on trends affecting home purchase lending, including affordable mortgage products, innovative new ideas, public policy, and availability of public and private resources; Establish lender relationships as a trusted advisor, including providing technical assistance as needed; Organize and participate in joint calls with loan officers, sales managers, product managers, CRA officers, and/or senior management to develop and enhance customer relationships and market MHP’s mortgage programs; Identify and attend customer events and industry conferences to elevate MHP’s visibility in the marketplace and further enhance relationships; Develop and maintain a well-organized set of email distribution lists and contacts used to communicate relevant program updates, happenings, events, and other related matters.
Check out our benefits: MHP understands that benefits are an important consideration when looking for a new position. We are proud to offer our employees a comprehensive benefits package including
Hybrid* and flexible work schedule
Health insurance through the state’s Group Insurance Commission
403b retirement plans with match up to 10% and immediate vesting
Annual 5-week paid time off (PTO) benefit
Fully paid group term life, short-term disability and long-term disability insurance
Dental insurance through MetLife with 90% of premium paid by MHP
Medical and dependent care Flexible Spending Accounts
Public transportation reimbursement
Tuition reimbursement and professional development assistance
First time homebuyer assistance
Home office benefit
*MHP is currently working on a hybrid model of up to 2 days per week in our Boston office. Successful candidates will be working out of our Boston office per our hybrid schedule. MHP employees are required to be fully vaccinated against COVID-19 or have an approved exemption per MHP policy.
MHP is committed to creating a diverse and inclusive workplace and is proud to be an equal opportunity, affirmative action employer. All decisions are based on business needs, job requirements and individual qualifications without regard to race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, past or present military service, status as an individual with a disability, or any other legally protected characteristics. MHP is committed to compliance with all fair employment practices regarding citizenship and immigration status. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.
Experience and skills: Success and fulfillment in this role will be supported by the skills, knowledge and experience the person brings. MHP is looking for candidates who have following as we believe they are the foundation for achievement and effectiveness in the role.
At least 8 years of experience in affordable mortgage lending, with a focus on offering and/or implementing innovative and new products preferred; Strong sales, negotiation, communication, and customer relationship management skills; Excellent organizational, writing, and interpersonal skills; Ability to work independently and manage multiple tasks in a fast-paced environment; Strong computer skills (including Microsoft Office) and knowledge of social media platforms (including Linked-In and Twitter); Experience with customer relationship management systems and/or knowledge or marketing automation functions a plus; Bachelor’s degree in business, finance, economics, or related field or equivalent experience, skills and knowledge.
Massachusetts Housing Partnership (MHP) works with communities to create innovative policy and financing solutions that provide affordable homes and better lives for the people of Massachusetts. MHP is a statewide public non-profit organization that supports and finances affordable housing. It works in concert with the Governor, the Department of Housing and Community Development and the state's other quasi-public housing organizations.