This job has expired, please see additional jobs below
Multifamily Credit Risk Analyst
Fannie Mae
Washington, DC, United States
Job Details - this job has expired, please see similar jobs below
Description
THE COMPANY
Are you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.
For more information about Fannie Mae, visit http://www.fanniemae.com/progress
JOB INFORMATION
Assist with the analysis, monitoring and management of Multifamily products, assets, and or Counterparties, track profitability targets, mitigate Multifamily credit risk. Facilitate data gathering, financial analysis and use of reports to communicate business unit activities to Multifamily? stakeholders, including responses to lender requests. Support the development, implementation and maintenance of Multifamily credit risk standards, policies and procedures. Apply uses and applications of the Multifamily Seller Servicer Guide (MSSG) policies in communications with counterparties.
KEY JOB FUNCTIONS
• Demonstrated knowledge of the Multifamily market including; DUS model, products, real estate finance, transactions and structures, legal contracts, loan documents, property/ collateral valuation, cap rates, credit, regional markets.
• Appropriately references the Multifamily Seller Servicer Guide (MSSG) policies, uses and applications.
• Analyze Multifamily portfolio data, counterparties, markets, loan terms, financial statements, cash flows and loss calculations. Identify trends and draw reasonable conclusions from examination of data and other sources of information.
• Ability to navigate multiple systems, manage data and create reports. Ensure data quality and integrity. Independently resolve issues to mitigate risk. Improve processes to monitor and communicate credit risk.
• Support non-routine project-based work including regulatory and internal audit activities.
• Maintain Fannie Mae training schedule. Actively focus upon personal development aligned with Fannie Mae leadership criteria for associates and in context of business unit goals. Position requires sharing information within team to facilitate business objectives.
Qualifications
EDUCATION
• Bachelor's Degree or equivalent required
MINIMUM EXPERIENCE
• 2+ years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
• Knowledge of Multifamily business, markets, properties, borrowers, sponsors and financial products. Experience with Targeted Affordable Housing underwriting and related standards.
• Some understanding of DUS underwriting guidelines, products and executions.
• Strong customer service ethic, interpersonal skills, and ability to work with internal and external customers.
• Financial analysis skills and experience analyzing operating statements. Written and verbal skills are essential to performing role.
• GSE Multifamily underwriting and primary commercial mortgage market experience a plus.
EMPLOYMENT
As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation.
Fannie Mae is an Equal Opportunity Employer.