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Multifamily Credit Underwriting and Operations - Advisor (Open to Remote)

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Washington, DC

Employer:  Fannie Mae
Job Type:  Full Time

Description

Company Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

Job Description

In this position, you will be accountable for assessing and identifying potential risks that may lead to operational, reputational, financial and credit risks, as well as communicate and collaborate with key stakeholders across Multifamily and the Multifamily Enterprise Risk Management team. This position will serve as a key member of the Multifamily Credit Underwriting team with primary responsibly for governance activities associated with the pre-acquisition process for multifamily loans.

THE IMPACT YOU WILL MAKE

The Multifamily Credit Underwriting and Operations - Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

Approximately 50% of responsibilities will be focused on governance activities:
  • Responsible maintaining governance activities by creating and maintaining procedures and internal credit guidance of the Multifamily Credit Underwriting business.
  • Build out oversight framework to enhance ability to address and mitigate challenges of the Multifamily Credit Underwriting business by updates to underwriting requirements and standards published in the Multifamily Selling and Servicing Guide.
  • Manage Internal Audits and remediation of issues identified.
  • Lead collaboration efforts across teams to identify and evaluate the risks of pre-acquisition of new transactions, business activities and programs for Multifamily Credit Underwriting business.
  • Serve as subject matter expert to internal stakeholders as it relates to Multifamily Credit Underwriting business activities and trends.
  • Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.

Approximately 50% of responsibilities will be focused on transaction review:
  • Advise on potential risks and costs involved with providing services to a customer.
  • Analyze the risks and costs of a lending decision and make recommendations on process improvement related to decision process.
  • Advise on process related to issuance of the securities or other financial loans to the customer.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience
  • 6 years related experience
  • Multifamily and GSE loan structuring experience
  • Familiarity with the Multifamily Selling and Servicing Guide
  • Prior experience performing financial and trend analysis and reporting findings
  • Prior experience with credit risk, loan quality analysis, or risk assessment and risk management
  • Prior regulatory, compliance or governance experience
  • Loan Management including evaluating loan requests, classifying loans, identifying fraud, originating loans, etc.
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Strong communication skills, both written and verbal
  • Advanced Excel and PowerPoint skills

Desired Experience
  • 12 years related experience
  • Bachelor degree or equivalent; Master degree preferred

Additional Information

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, while business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.
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