At Fannie Mae, 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 a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access to affordable housing finance.
Job Description
As a valued colleague on our team, you will collaborate with both internal and external partner stakeholders to manage the administration, strategic planning, and other activities of an assigned portfolio of multifamily loans. In this role, you will also provide expertise to evaluate and create business processes to assist in the implementation of solutions for the asset management of new multifamily loan products.
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THE IMPACT YOU WILL MAKE
The Multifamily Asset Management 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, assist with 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.
- Monitor the end-to-end execution of business processes using enterprise systems, as well as providing continuous feedback for effective tracking and reporting.
- Recommend business process changes and implement efficient processes for the management of new business products.
- Effectively evaluate legal documents and other applicable forms to understand business impact and ensure continuity of loan management.
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experience
- 4 years of Multifamily or commercial real estate experience, preferably in asset management, financial reporting or underwriting.
- Multifamily Loan Management skills to include evaluating loan requests, classifying loan risk, identifying fraud, and underwriting loans
- Experience gathering accurate information to explain concepts and answer critical questions
- Relationship management skills including managing and engaging stakeholders, customers, and building relationship networks
- Risk assessment and management skills including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating risk
Desired Experience
- Bachelor's degree or equivalent
- Financial institutional experience around mortgage risk management
- Proficient with or able to quickly learn systems and software used by the organization
- Advanced Excel skills; able to create and manipulate pivot tables, create macros, and use lookups
- Excellent verbal and written communication skills, able to communicate with management and external users clearly and succinctly
- Excellent interpersonal skills with a proven ability to collaborate with a team
- Ability to multi-task and switch gears quickly
- Excellent analytical and problem-solving skills; quick learner who will ask questions, research existing documentation and understand the ecosystem
- Excellent organizational skills and strong attention to detail
- Ability to act as an independent operator with minimal supervision
- Business insight skills including advising, designing business models, interpreting customer and market insights, forecasting, and benchmarking
- Experience gathering accurate information to explain concepts and answer critical questions
- Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
- Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
- Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance
- Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
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 encouraged 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