Multifamily Asset Manager Senior

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:

Are you an analytical, curious, self-motivated professional with a passion for multifamily real estate? If so, Freddie Mac might be the employer for you! We are looking for a Multifamily Asset Management Senior to join the Structured Transactions group.  This group falls within Special Servicing and handles asset management related functions for our (i) Low Income Housing Tax Credit (LIHTC) investments and (ii) most complex portfolio and securitized assets, including bond transactions and revolving lines of credit.  These transactions represent a significant commitment to some of Freddie Mac’s most meaningful corporate affordability objectives.

 

The successful talent will analyze, process, and manage a variety of consent requests, complete underwriting analysis, and work with legal counsel as appropriate. In addition, you will exercise delegated approval authority for certain credit decisions on regular requests and recommend to management for circumstances that exceed their respective levels of authority.

Our Impact:

• Our team is responsible for asset management coverage of all LIHTC investments and structured loan products, and balance sheet loans 
• We seek to timely fulfill our commitments and asset management functions on LIHTC investments and maintain high credit quality on requests for existing loans and structured deals

Your Impact:

You will bring LIHTC asset management experience and you will:

• Manage a team and exercise delegated approval authority for LIHTC functions such as investment oversight, capital calls, and transactions.  Secondarily, you will assist with transactions on our complex debt products. 
• Collaborate with the Structured Transaction Director and manage initiatives for the team
• Oversee internal tracking and reporting on investments
• Continue to develop procedures, processes and applications such as MRI

Qualifications:

• Typically has 5 to 7 years of related LIHTC experience.
• Bachelor’s Degree in Finance or Business Administration or an equivalent combination of education and experience, preferred
• Ability to efficiently manage large volumes of requests with measurable deadlines
• Maintain positive relationships with internal stakeholders and external customers
• Strong underwriting/credit experience/management experience with LIHTC investments

Keys to Success in this Role:

• Strong leadership skills and thorough understanding of LIHTC asset management
• Proactive oversight and development of processes, procedures and tracking systems while timing fulfilling all commitments 
• Strong verbal and written communication skills; with strong interpersonal and customer service skills
• Ability to prioritize and be proactive; must have excellent organizational skills with attention to detail such as complex legal documents

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants:  Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $122,000 - $182,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.