Senior Manager - Multifamily Underwriting Assumptions/Transfers

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 leader on our team, you will play a role in developing the strategic plan for and coordinate team activities in managing the administration, strategic planning, and operations of transactions and an assigned portfolio. You will ensure the end-to-end execution of business processes through enterprise systems for effective managing of credit risk, tracking and reporting.

THE IMPACT YOU WILL MAKE

The Senior Manager, Multifamily Underwriting Assumptions/Transfers 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:

• Manage and coordinate implementation efforts to support and monitor transactions and a team’s vision and achievement of strategic objectives.
• Coordinate team review of transactions and portfolio progress and reporting  through various enterprise systems.
• Manage the underwriting and credit analysis for Multifamily Loan assumptions, transfers and forward transactions.
• Evaluate and manage risk of transactions and  assets.
• Routinely review governance and controls and make recommendations to update them as necessary.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

• 6 years of Multifamily experience, preferably in Credit Underwriting or Asset Management and management experience
• Knowledge of the Multifamily markets including the DUS model, products, real estate finance, transactions and structures, legal contracts, loan documents, property/collateral valuation, cap rates, credit, and regional markets
• A comprehensive knowledge of commercial mortgage Multifamily underwriting including property level financial analysis, borrower organizational structure, and regional market analyses

Desired Experience

• Bachelor’s degree or equivalent
• Demonstrated leadership and relationship management skills, with a proven ability to engage effectively with internal and external stakeholders
• Strong written, verbal, and presentation skills
• Strong influencing skills, including negotiation and persuasion
• Knowledge of DUS/GSE underwriting guidelines

Multifamily Risk - Asset Management - Senior Manager

Target Pay Range: $155,000 - $209,000

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Qualifications

Education:

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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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