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Multifamily Structured Transactions Lead Associate
- Fannie Mae (Plano, TX)
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Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.
Job Description
As a valued colleague on our team, you will provide expert advice on, and guide team members in, managing the administration, strategic planning, and operations of an assigned portfolio. In this role, you will monitor the end-to-end execution of business processes using enterprise systems, as well as provide continuous feedback for effective tracking and reporting.
*THE IMPACT YOU WILL MAKE*
The Multifamily Structured Transactions Lead Associate 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:
* Support a portfolio's vision and strategic objectives.
* Lead portfolio progress analysis and enact changes, along with reporting portfolio performance to key stakeholders.
* Evaluate risk of current assets, while complying with governance and controls.
The Lead Associate will support the Structured Asset Management team in managing a portfolio of Credit Facility and Bulk Delivery loans. This includes performing activities associated with Loan Rating, Maturing Loans and Watchlist loans. The Lead Associate will also review and resolve Borrower Requests that are submitted by our Lender Partners. They will review standard Fannie Mae loan documents and will utilize the Multifamily Selling and Servicing Guide as a tool for analysis to make recommendations or conclusions. The Lead Associate will interact with internal and external stakeholders to gather research and provide information.
The Lead Associate will manage a portfolio of loans and requests including:
* Managing Maturing loans
* Managing Watchlist loans
* Evaluating the performance of loans and rating loans appropriately
* Analyzing, assessing and mitigating loan credit risk
* Reviewing sponsor analysis
* Reviewing 3rd party reports, including appraisals and property condition reports
* Reviewing Borrower Requests and Consents
* Managing Interest Rate Hedges
They will also use the many systems where the loan data is maintained (MMBD, MSFMS, DUS360), the platforms for Borrower Requests (MAMP) and Acquisitions (DUS Gateway) and Fannie Mae MBS Securities (DUS Disclose), as well as the Delegation of Authority matrix that governs our procedures.
*THE EXPERIENCE YOU BRING TO THE TEAM*
Minimum Required Experience
* 4 years of relevant experience
Desired Experience
* Bachelor’s degree or equivalent
* Real Estate Asset Management experience
* Real Estate Financial Analysis and Credit experience
* Loss Mitigation, Risk Rating, Watchlist and Maturing loans experience
Multifamily Risk - Asset Management - Lead Associate
Target Pay Range: $121,000 - $158,000
Qualifications
Education:
Bachelor's Level Degree (Required)
The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.
For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.
Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form .
The hiring range for this role is set forth below. 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 .
Requisition compensation:
121000
to
158000
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].
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Multifamily Structured Transactions Lead Associate
- Fannie Mae (Plano, TX)