Multifamily Underwriting – Director

Job Description

About the Role

Multifamily Underwriting – Director (Open to Remote)

Employees can work remotely

Full-time

Target Hiring Range (1): 149000

Target Hiring Range (2): 201000

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 compelling leadership position, you will lead efforts on managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments. In this role, you will lead underwriting and reviewing the issuance of securities to customers, and ensure compliance with internal and external regulations, policies, processes, procedures, and standards.

THE IMPACT YOU WILL MAKE

The Multifamily Underwriting – Director 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:

Lead team responsible for regulatory, compliance and governance activities of the Multifamily Credit Underwriting business.

Build out oversight framework to enhance ability to address and mitigate challenges of the Multifamily Credit Underwriting business.

Collaborate with executive leaders, your team, and other key stakeholders to establish annual oversight plan.

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.

Provide strategic direction for operational activities relating to our regulatory requirements and company goals relating to the multifamily business.

Provide strategic insight, subject matter expertise, best practices, and recommendations for teams across the organization as it relates to the Fannie Mae Multifamily business.

Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.

Partner with Multifamily Enterprise Risk Management and other stakeholders to carry out business strategies that will drive success and ensure safety and soundness in the face of shifting market conditions and regulations.

Establish relationships and communication with the Federal Housing Finance Agency, the regulator of Fannie Mae.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

8 years related experience

Multifamily and GSE loan structuring experience

Demonstrated experience leading a team

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 and governance experience

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