Senior Director, Multi-Family (MF) Legal Deputy General Counsel

Fannie Mae • Reston, DC

1d • Onsite

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. In this compelling leadership position, you will lead a highly capable group of legal professionals supporting Multifamily Affordable Housing, including bond-related transactions where Fannie Mae serves as bond credit enhancer. This role partners closely with Multifamily business leadership to deliver strategic legal guidance, manage risk, and support execution of critical business initiatives. The Senior Director, Multifamily (MF) Legal Deputy General Counsel will offer you the opportunity to lead a high-performing legal team while engaging directly in complex and strategic Multifamily Affordable Housing matters.

Requirements

• Juris Doctor (JD) required
• 8+ years of relevant legal experience in multifamily finance
• Experience with multifamily affordable housing finance and related tax-exempt bond transactions, negotiating and drafting loan agreements and other legal documents
• Experience advising on complex, high-value transactions and regulatory matters
• Strong business acumen and ability to balance legal risk with business objectives

Nice To Haves

• Experience advising regulated financial institutions or government-sponsored enterprises (GSEs)
• Experience serving as bond credit enhancer’s counsel or as bond, disclosure, or underwriter’s counsel on municipal bond transactions, including complex structures (e.g., variable rate or multi-modal bonds)
• Demonstrated experience leading and managing legal teams
• Experience managing outside counsel and coordinating with external stakeholders
• Proven ability to improve legal processes and drive operational efficiency
• Experience supporting financial services product development and innovation
• Advanced skills in legal analysis, drafting, negotiation, and advisory work
• Demonstrated leadership, including coaching and developing team members
• Ability to influence senior stakeholders and drive strategic initiatives
• Strong communication and relationship management skills
• Effective project management with the ability to prioritize in a fast-paced, complex environment

Responsibilities

• Lead, manage, and develop a team of attorneys and legal professionals, including performance management, mentoring, and career development.
• Oversee and provide strategic direction on matters requiring highly specialized and technical legal expertise, particularly in multifamily affordable housing and related tax-exempt bond transactions.
• Negotiate and draft loan agreements, disclosures and other legal documents.
• Support Multifamily Affordable Housing products, including for transactions where Fannie Mae serves as bond credit enhancer.
• Drive operational efficiency and timely transaction execution by improving processes and throughput.
• Provide strategic legal counsel and advisory support to Multifamily business clients on complex transactions, regulatory matters, state and local programs, and product initiatives.
• Engage in transactions with novel or complex structures and support new product development.
• Advise on multifamily or corporate initiatives, credit risk policies, asset management and regulatory concerns.
• Prioritize and align legal support with Multifamily business objectives and enterprise strategic initiatives.
• Manage internal and external legal resources, including oversight of outside bond counsel.
• Facilitate training and provide guidance to internal and external stakeholders and counsel.
• Promote a positive, inclusive, and high-performing team culture.
• Collaborate across teams on significant enterprise matters.

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees