Multifamily Underwriting Analyst - Senior Associate

Fannie Mae • Washington, DC

1d • $85,000 - $110,000 • Hybrid

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 team, you will contribute to managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments.

Requirements

• 2 years of multifamily credit underwriting experience
• Strong working knowledge of credit and financial analysis skills relating to multifamily properties
• Ability and willingness to work in a fast-paced, results driven environment
• Solid written and verbal communication skills
• Must be a team-player, but also be willing to also be a self-starter, when needed
• Demonstrates curiosity and adaptability by learning and responsibly applying new techniques, including artificial intelligence, to reimagine how we work

Nice To Haves

• Bachelor’s degree or equivalent
• Knowledge of DUS/GSE multifamily underwriting guidelines
• Familiarity with a range of multifamily property types
• Developing risk assessment/mitigation abilities
• Strong relationship management skills
• Ability to understand and evaluate borrower/organizational structures
• Advanced Excel analysis and/or modeling skills

Responsibilities

• Review Lender loan packages and assist in underwriting multifamily loans prior to their acquisition.
• Gather and assess the strengths, risks, and mitigants of each loan to determine the supportable loan sizing parameters.
• Work with internal and external partners to size debt financing within acceptable risk tolerances based on the market, sponsor, property performance, and other risk characteristics while adhering to internal risk tolerances and guidance.
• Recommend an appropriate lending decision and provide documentation of the negotiated decision.
• Approve issuance of the securities or other financial loans to the customer.
• Enhance your current multifamily underwriting skills by leveraging the experience of coworkers while working through diverse and challenging multifamily deals across various property types.

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: Senior