Analyst - Closing Cordinator

Freddie Mac•McLean, VA

2d•Onsite

About The Position

This position is critical – serving as closing coordinator for post-purchase transactions and an analyst for complex multifamily loan transactions. The Multifamily Asset Management Borrower Transactions Team impacts Real Estate Market: Liquidity : Outstanding requests to make changes to existing loans must be resolved before the loans can be sold, the risk can be transferred to investors in a securitized loan pool, and Freddie Mac can use the funds from the sale to buy more loans from the Optigo Lenders. Stability : The Borrower Transactions team reviews/approves loan assumptions – a competitive advantage for Borrowers wanting to sell their properties in times of restricted credit opportunities. Affordability : Freddie Mac is a small balance loan leader – providing small loans to markets that have been historically under-served. The Borrower Transactions team supports this effort with a streamlined review process and lower fee structure.

Requirements

Bachelor’s Degree in Finance, Accounting, Business Administration (or related discipline) or equivalent experience
Strong expertise with Microsoft Excel and Word is an advantage
Efficient in managing large volumes of requests
Excellent customer service and organizational skills
Strong analytical, writing and verbal communication skills
Flexible team player

Responsibilities

Serve as a closing coordinator for post-purchase transactions on multifamily loans—provide support for issuance of approval letters, & reviewing legal documents to ensure all approval conditions are accurately reflected.
Coordinate execution and delivery of legal documents, review post-closing submissions to verify accuracy/completeness, follow up on open items as needed, and update systems to reflect changes.
Work closely with counterparts in Underwriting, Capital Markets, Legal, Operations and others within Asset Management to ensure the securitization process runs smoothly / Manage key customer relationships while managing a high volume of transactions.
Support the transaction check-in process, which may entail reviewing submissions for completeness, corresponding with servicers concerning the status of submissions, and updating systems to reflect pipeline activity.
Support analysts who analyze, underwrite, recommend and close post-funding transactions for complex multifamily loans.
Prepare investment briefs and present recommendations.
Prepare periodic reports with transaction data for internal distribution to other Multifamily departments / participate in initiatives to streamline business processes or other special projects as assigned