Multifamily Asset Management Risk Associate
About The Position
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. As a valued colleague on our Multifamily Special Credits Risk team, you will support your team by managing the administration, strategic planning, and operations of an assigned multifamily loan portfolio. In this role, you will monitor and report on the end-to-end execution of business processes using enterprise systems for effective tracking and reporting.
Requirements
- Education, training or experience with multifamily or commercial loan underwriting, loan servicing, or asset management.
- Understanding of multifamily or commercial real estate property financials and operating statements.
- Experience gathering accurate information with the ability to explain concepts and answer critical questions.
- Strong collaboration skills and proven ability to work with people with different functional expertise respectfully and cooperatively towards a common goal.
- Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.
Nice To Haves
- Bachelor’s degree or equivalent.
- Experience evaluating the potential risks of multifamily loans to the business and contributing to the risk resolution.
- Skilled in Excel including creating and manipulating pivot tables, writing formulas, etc.
Responsibilities
- Participate in activities that support a portfolio's vision and strategic objectives.
- Assist with analyzing portfolio progress and process reports for team to provide portfolio performance to key stakeholders.
- Evaluate risk of current high risk multifamily loans while complying with governance and controls.
- May occasionally travel to inspect multifamily properties with the Asset Manager.
Benefits
- Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
