Multifamily Asset Management Associate

Freddie Mac • McLean, VA

5d • $73,000 - $109,000

About The Position

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose. Position Overview: The role involves analyzing, recommending, and closing post-funding transactions for structured multifamily loans. The candidate is expected to handle various transaction types, including releases, repair extensions, and other performing loan transaction/modification requests. Additionally, the candidate will assist Senior Analysts with data and financial analysis and serve as a closing coordinator for post-purchase transactions on multifamily loans. This includes providing support for the issuance of approval letters and reviewing closing documents to ensure all approval conditions are accurately reflected. The candidate will work closely with counterparts in Underwriting, Capital Markets, Legal, Operations, and other departments within Asset Management to ensure the consent request process runs smoothly. Managing key customer relationships while handling a high volume of transactions is essential, as is the ability to work periodically with external parties such as servicers and outside counsel. Responsibilities also include coordinating the execution and delivery of legal documents, reviewing post-closing submissions for accuracy and completeness, following up on open items as needed, and updating internal systems to reflect changes and maintain up-to-date information. The candidate will prepare periodic reports with transaction data for internal distribution to other Multifamily departments and participate in initiatives to streamline business processes or other special projects as assigned. Learn Multifamily structured transactions deal terms and conditions is necessary, and the candidate will assist the director with analysis of term sheets and deal summaries. Our Impact: The Multifamily Asset Management Structured Transactions Team significantly impacts the real estate market by enhancing liquidity, stability, and affordability. Liquidity is achieved by resolving outstanding requests to make changes to existing loans, allowing loans and bonds held in our portfolio to be sold, transferring risk to investors in a securitized pool. This enables Freddie Mac to use the funds from sales to purchase more structured loans and bonds from Optigo Lenders. Stability is provided by the Structured Transactions team through reviewing and approving loan assumptions, offering a competitive advantage for borrowers wanting to sell their properties during times of restricted credit opportunities. Affordability is supported by Freddie Mac's leadership in Targeted Affordable Housing (TAH), providing loans to this key market, with the Structured Transactions team within Asset Management supporting this effort. Your Impact: This position is critical to the team, serving as an analyst for routine multifamily loan transactions, completing financial analysis, and assisting with closing coordination for post-purchase issues on transactions.

Requirements

• Bachelor’s degree in Finance, Real Estate, Business Administration, or related discipline is required.
• Typically has 0 – 2 years of related experience.
• Desire to learn about Multifamily Affordable Housing and related complex financing structures.
• Attention to detail is critical to the position.
• Strong expertise with Microsoft Excel and Word.

Nice To Haves

• Legal experience preferred, not required.
• Excellent customer service and organizational skills; efficient in managing large volumes of requests.
• Strong analytical, writing, and verbal communication skills.
• Flexible team player.

Responsibilities

• Analyzing, recommending, and closing post-funding transactions for structured multifamily loans.
• Handling various transaction types, including releases, repair extensions, and other performing loan transaction/modification requests.
• Assisting Senior Analysts with data and financial analysis.
• Serving as a closing coordinator for post-purchase transactions on multifamily loans.
• Providing support for the issuance of approval letters and reviewing closing documents to ensure all approval conditions are accurately reflected.
• Working closely with counterparts in Underwriting, Capital Markets, Legal, Operations, and other departments within Asset Management.
• Managing key customer relationships while handling a high volume of transactions.
• Coordinating the execution and delivery of legal documents.
• Reviewing post-closing submissions for accuracy and completeness.
• Following up on open items as needed.
• Updating internal systems to reflect changes and maintain up-to-date information.
• Preparing periodic reports with transaction data for internal distribution to other Multifamily departments.
• Participating in initiatives to streamline business processes or other special projects as assigned.
• Assisting the director with analysis of term sheets and deal summaries.

Benefits

• Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs.
• This position has an annualized market-based salary range of $73,000 - $109,000 and is eligible to participate in the annual incentive program.

What This Job Offers

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