Multifamily LIHTC Underwriting Associate (Flexible Hybrid)

Job Description Since restarting its Low-Income Housing Tax Credit (LIHTC) platform in 2018, Fannie Mae has invested over $4 billion in proprietary and multi-investor funds. As a valued colleague on our team, you will provide expert advice on overseeing customer network development and customer support activities, as well as supporting customer engagement opportunities. Additionally, you will be responsible for planning, directing, or coordinating operational activities for the team with the help of executives and staff managers. As a valued contributor on our dynamic team, you will be responsible for underwriting and closing investments through LIHTC proprietary funds, you will support overseeing customer network development and customer support activities, as well as supporting customer engagement opportunities. THE IMPACT YOU WILL MAKEThe Multifamily LIHTC Underwriting Associate (Flexible Hybrid) 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:

Working with our syndicator partners, this roll will support the review of potential affordable multi-family developments in which Fannie Mae may provide an equity investment utilizing low income housing tax credits.

Research transaction attributes, participate in the underwriting, and assist in the internal approval process and ultimate closing of the LIHTC investment

Evaluate and report on various credit risks associated with the real estate, development team, market, etc. as well as conduct the initial modeling of the project’s development, operating and benefits proforma

Review and analyze multifamily transactions with supervision

Support the Director and other team members to underwrite and close potential affordable multifamily proprietary investments utilizing low-income housing tax credits

Actively participating on special project teams as needed

Travel to visit prospective investments and markets

Assist with customer relationships across business units and/or customer accounts, and strive to do what's right for our customers.

Assist team with identifying, maintaining, and supporting customer relationships.

Assist in selling and promoting Fannie Mae's products and services to make sure people across the country have access to affordable financing opportunities.

Provide support for operational activities.

Build subject matter expertise to support teams across the organization.

Qualifications THE EXPERIENCE YOU BRING TO THE TEAM Desired Experiences

Bachelor degree or equivalent

Skills

Experience gathering accurate information to explain concepts and answer critical questions

Adept at managing project plans, resources, and people to ensure successful project completion

Working with people with different functional expertise respectfully and cooperatively to work toward a common goal

Knowledge of, or working experience with, Multifamily real estate

Highly motivated self-starter with good attention to detail

A team player with excellent interpersonal skills who is energized by working in a collaborative, dynamic and evolving team environment.

Strong analytical, verbal, written and presentation communication skills.

Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes.

Analytical skills with a mastery of Office Excel

Tools

Skilled in Excel

Experience using Salesforce CRM

Skilled in Microsoft Teams

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careersmailbox@fanniemae.com.