- Salary
- $85k – $110k
- Location
- Granite Park VII, United States of America · Washington, DC
- Workplace
- Hybrid, Onsite
- Type
- Full-time
- Department
- Insurance
- Seniority
- Entry
- Education
- Bachelor
- Source
- Workday
Description
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 colleague on our team, you will contribute to managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments.
THE IMPACT YOU WILL MAKE
The Multifamily Underwriting Analyst – Senior Associate role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following 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.
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experience
- 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
Desired Experience
- 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
Multifamily Risk - Underwriting - Senior Associate
#LI-NL1 - Hybrid
Qualifications
Education:
Bachelor's Level Degree (Required)The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.
For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.
Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.
The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). 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. See more here.
Requisition compensation:
85000to
110000