Senior Manager - Multifamily Assumptions/Transfers

Fannie Mae • Plano, TX

14d • $155,000 - $209,000 • 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. Job Description As a valued leader on our team, you will play a role in developing the strategic plan for and coordinate team activities in managing the administration, strategic planning, and operations of transactions and an assigned portfolio. You will ensure the end-to-end execution of business processes through enterprise systems for effective managing of credit risk, tracking and reporting.

Requirements

• 6 years of Multifamily experience, preferably in Credit Underwriting or Asset Management and management experience
• Knowledge of the Multifamily markets including the DUS model, products, real estate finance, transactions and structures, legal contracts, loan documents, property/collateral valuation, cap rates, credit, and regional markets
• A comprehensive knowledge of commercial mortgage Multifamily underwriting including property level financial analysis, borrower organizational structure, and regional market analyses

Nice To Haves

• Bachelor’s degree or equivalent
• Demonstrated leadership and relationship management skills, with a proven ability to engage effectively with internal and external stakeholders
• Strong written, verbal, and presentation skills
• Strong influencing skills, including negotiation and persuasion
• Knowledge of DUS/GSE underwriting guidelines

Responsibilities

• Manage and coordinate implementation efforts to support and monitor transactions and a team’s vision and achievement of strategic objectives.
• Coordinate team review of transactions and portfolio progress and reporting through various enterprise systems.
• Manage the underwriting and credit analysis for Multifamily Loan assumptions, transfers and forward transactions.
• Evaluate and manage risk of transactions and assets.
• Routinely review governance and controls and make recommendations to update them as necessary.

Benefits

• As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.

What This Job Offers

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