LIHTC Underwriter - Lead Associate

Fannie Mae • Washington, DC

4d • $109,000 - $142,000 • Hybrid

About The Position

As a valued colleague on our Low-Income Housing Tax Credit (LIHTC) team, you will provide expert advice on overseeing customer network development and customer support activities, as well as supporting customer engagement opportunities. Since restarting its Low-Income Housing Tax Credit (LIHTC) platform in 2018, Fannie Mae has invested over $5 billion in proprietary and multi-investor funds. As a valued contributor on our dynamic team, you will be responsible for underwriting and closing investments through LIHTC proprietary funds.

Requirements

• 4 years of LIHTC Equity experience with a track record underwriting and closing LIHTC proprietary investments while maintaining product and credit quality
• Demonstrated experience in modeling and structuring LIHTC proprietary investments, managing critical projects and tight timelines
• Skilled in managing multiple and competing priorities to help the Senior Director and Director
• Highly motivated self-starter with good attention to detail
• A team player with excellent interpersonal skills who is energized by working in a collaborative, dynamic and evolving team environment
• Strong analytical, verbal, written and presentation communication skills
• Ability to influence through negotiating, persuading others, facilitating meetings, and resolving conflict
• Ability to successfully manage and engage stakeholders, customers, and vendors and build relationship networks
• Experience gathering accurate information to explain concepts and answer critical questions
• Demonstrates curiosity and adaptability by learning and responsibly applying new techniques, including artificial intelligence, to reimagine how we work
• Ability to travel overnight 25% of the time

Nice To Haves

• Bachelor’s degree or equivalent
• Experience with equity or debt portfolio management software/systems such as MRI, Salesforce, and Yardi
• Ability to navigate multiple systems, manage data and create reports
• Demonstrated ability to collaborate effectively and respectfully with colleagues across diverse functional areas to achieve shared goals
• Multifamily Customer Engagement - Customer and Partner Management - Lead Associate

Responsibilities

• Work with our syndicator partners to underwrite and close potential affordable multifamily proprietary investments utilizing low-income housing tax credits
• Maintain overall responsibility for the investment review and approval process of proprietary investments including collaboration with internal and external stakeholders
• Identify and assess the risk profile of equity investments to ensure risk is mitigated and objectives are met within appropriate credit, investment and regulatory guidelines
• Coordinate with internal and external teams to develop key milestones to achieve a seamless execution
• Work with management to recommend business solutions based on analysis of internal and market data
• Assist the Senior Director, Director, Chief Operating Officer and Vice President in managing and updating processes related to internal stakeholders such as multifamily legal, risk, operations, finance, accounting and audit
• Actively participate in special project teams as needed
• Travel to visit prospective investments and markets

Benefits

• Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being
• Fannie Mae incentive program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level