-
ID
#52900855 -
Salary
TBD -
Source
FANNIE MAE -
Date
2024-11-17 -
Deadline
2025-01-16
Multifamily Risk - Asset Management - Lead Associate (Flexible Hybrid)
District of Columbia, Washington, 20001 Washington USAJob Description As a valued colleague on our Multifamily Watchlist Management team, you will provide expert advice on, and manage the administration, strategic planning, risk management and reporting of an assigned portfolio. THE IMPACT YOU WILL MAKEThe Multifamily Risk – Asset Management - Lead 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:
Support a portfolio's vision and strategic objectives.
Evaluate, document, and communicate risk of a portfolio of assigned Watchlist loans, while complying with governance and controls.
Engage with internal and external stakeholders (i.e. Servicers) to obtain information to support the analysis of the performance of the underlying collateral and Sponsor.
Understand the Sponsors’ and Servicers’ risk management strategies and effectiveness.
Lead portfolio progress analysis and enact changes, along with reporting portfolio performance to key stakeholders.
Provide Servicer feedback to the Servicer and internal stakeholders.
Assist with special projects as assigned.
Qualifications THE EXPERIENCE YOU BRING TO THE TEAMMinimum Required Experience
4 years of Multifamily or Commercial Real Estate experience, preferably in Asset Management or Underwriting.
Prior experience conducting detailed analysis of troubled multifamily or commercial real estate assets including reviewing loan agreements and related loan documents and Servicer reporting deliverables (i.e. property financials, inspections, late payments etc.).
Strong analytical and financial analysis skills.
Ability to assess risks and their impacts to the property’s risk rating. Ability to assess and understand the Sponsors’ or Servicers’ risk mitigation strategies.
Strong verbal and written communication skills.
Experience developing presentations and reports for internal stakeholders.
Ability to work independently, but also collaboratively across the Watchlist Management team and other teams, when needed.
Strong multi-tasking skills.
Strong relationship management skills.
Skilled in Microsoft Applications (Word, Excel, PowerPoint, Access, Teams, etc.).
Desired Experience
Bachelor’s degree or equivalent
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.