Multifamily Risk - Asset Management - Lead Associate (Flexible Hybrid)

  • Full-time
  • Target Hiring Range (1): 119000
  • Target Hiring Range (2): 155000

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

As a valued colleague on our Multifamily Watchlist Management team, you will provide expert advice on, and manage the administration, strategic planning, risk management and reporting of an assigned portfolio.

THE IMPACT YOU WILL MAKE

The Multifamily Risk – 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.
  • Evaluate, document, and communicate risk of a portfolio of assigned Watchlist loans, while complying with governance and controls.
  • Engage with internal and external stakeholders (i.e. Servicers) to obtain information to support the analysis of the performance of the underlying collateral and Sponsor.
  • Understand the Sponsors’ and Servicers’ risk management strategies and effectiveness.
  • Lead portfolio progress analysis and enact changes, along with reporting portfolio performance to key stakeholders.
  • Provide Servicer feedback to the Servicer and internal stakeholders.
  • Assist with special projects as assigned.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 4 years of Multifamily or Commercial Real Estate experience, preferably in Asset Management or Underwriting.
  • Prior experience conducting detailed analysis of troubled multifamily or commercial real estate assets including reviewing loan agreements and related loan documents and Servicer reporting deliverables (i.e. property financials, inspections, late payments etc.).
  • Strong analytical and financial analysis skills.
  • Ability to assess risks and their impacts to the property’s risk rating. Ability to assess and understand the Sponsors’ or Servicers’ risk mitigation strategies.
  • Strong verbal and written communication skills.
  • Experience developing presentations and reports for internal stakeholders.
  • Ability to work independently, but also collaboratively across the Watchlist Management team and other teams, when needed.
  • Strong multi-tasking skills.
  • Strong relationship management skills.
  • Skilled in Microsoft  Applications (Word, Excel, PowerPoint, Access, Teams, etc.).

Desired Experience

  • Bachelor’s degree or equivalent

 

Additional Information

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, while business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

 

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. 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.

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