Multifamily Underwriting – Advisor

Job Description

About the Role

Multifamily Underwriting – Advisor (Open to Remote)

temprop=”jobLocation” itemscope=”” itemtype=”http://schema.org/Place”>Employees can workremotely

temprop=”employmentType”>Full-time

Target Hiring Range (1): 119000

Target Hiring Range (2): 155000

Worker Classification: Open to Remote

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 Underwriting – 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