Multifamily Legal - Associate General Counsel - Principal

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 contributor to our team, you will consult, advise, and represent Fannie Mae’s Multifamily business in service of our mission to provide stability, liquidity, and affordability in the housing ecosystem. In this role, you will consult with team members and management to provide core legal counsel and services to the company on a variety of highly complex transactions and legal projects related to multifamily or corporate initiatives, low-income housing tax credit (LIHTC) investments, and asset management or regulatory concerns. You will act as a subject matter expert on significant legal decisions, as well as partner with internal clients to help them achieve their business objectives, while minimizing legal risks.

We are currently hiring for one role that can sit out of either Reston, DC, Plano, Chicago, Boston, NYC, or San Francisco.

THE IMPACT YOU WILL MAKE

 The Multifamily Legal- Associate General Counsel- Principal 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:

• Evaluate high-level legal and regulatory analyses and partner with management to identify and escalate potential reputation issues to leadership.
• Collaborate with colleagues, internal clients, and outside counsel on negotiation and drafting of contracts and other documents.
• Partner with management by providing advice to business clients on important business and legal issues and initiatives. Engage with clients to meet business and regulatory goals in addition to achieving closure on transactions and projects while providing excellent customer service.
• Use sound business and legal judgment to balance an appropriate level of risk aligned with business needs and objectives.
• Supervise and direct outside counsel.
• Collaborate with management and outside counsel on issues of significance for the company.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 8 years of experience
• Juris Doctorate
• Experience negotiating and closing complex commercial real estate finance and investment transactions.
• Experience representing investors, developers, or syndicators in LIHTC proprietary and multi-investor funds, including lower-tier property acquisitions.
• Must be able to work independently with flexibility in a fast-paced environment.
• Experience in communicating with and influencing clients.
• Experience with building trusted advisor relationships.

Desired Experience

• In-house legal department experience, including engaging and monitoring outside counsel, reviewing and supervising billings, and preparing and monitoring legal budgets.
• Agency finance and other commercial leasing, finance or corporate transaction experience.
• Expertise in affordable housing and other real estate issues (e.g., environmental risks).
• Transactional experience with a solid understanding of Section 42 of the Internal Revenue Code, partnership and limited liability company law, and partnership taxation.

Skills

• Adept at managing project plans, resources, and people to ensure successful project completion.
• Legal skills, including legal analysis and generating solutions, drafting, conducting legal research, and negotiating.
• Working with people with different functional expertise respectfully and cooperatively toward a common goal.
• Experience gathering accurate information, explaining concepts and answering questions so that clients can make optimal decisions.
• Communication skills, including communicating in writing and making oral presentations.
• Relationship management skills, including engaging with clients, outside counsel, opposing parties, and internal and external stakeholders to achieve positive outcomes.
• Aptitude for adopting new technologies and optimizing processes.

ML Legal- Associate General Counsel- Principal

Target Salary Range: $196,000 - $264,000 per year

Qualifications

Education:

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:

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