Multifamily Asset Management - Advisor

Fannie Mae; Reston (VA); On-site; USD 141,000 - 184,000; Full time

Benefits offered by this job

Health benefits

Incentive program

Employee development

Job summary

Fannie Mae is seeking a Multifamily Asset Management Advisor to collaborate with internal and external stakeholders to oversee a portfolio of Multifamily loans. You will evaluate business processes for asset management of new products and ensure compliance with controls, while advancing strategic objectives.

Ideal candidates bring 6+ years in multifamily or CRE asset management, strong underwriting knowledge, and advanced Excel skills.

Qualifications

• 6 years of Multifamily or commercial real estate experience, preferably in asset management, financial reporting or underwriting.
• Experience evaluating loan requests, classifying loan risk, identifying fraud, and underwriting loans.
• Advanced Excel skills; pivot tables, macros, and lookups.
• Excellent verbal and written communication skills; able to communicate with management and external users clearly.

Responsibilities

• Support a portfolio's vision and strategic objectives.
• Lead portfolio progress analysis and reporting portfolio performance to key stakeholders.
• Evaluate risk of current assets, with governance and controls.
• Monitor end-to-end execution of business processes using enterprise systems and provide feedback for tracking and reporting.
• Recommend business process changes and implement efficient processes for the management of new business products.

Skills

Multifamily asset management

Financial reporting

Stakeholder engagement

Risk assessment

Underwriting knowledge

Delegated Underwriting and Servicing

Education

Bachelor's degree

Tools

Excel

Job description

Job Description

As a valued colleague on our team, you will collaborate with both internal and external partner stakeholders to manage the administration, strategic planning, and other activities of an assigned portfolio of Multifamily loans. In this role, you will also provide expertise to evaluate and create business processes to assist in the implementation of solutions for the asset management of new Multifamily loan products.

Impact You Will Make

The Multifamily Asset Management Advisor 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.
• Lead portfolio progress analysis and enact changes, along with reporting portfolio performance to key stakeholders.
• Evaluate risk of current assets, while complying with governance and controls.
• Monitor the end-to-end execution of business processes using enterprise systems, as well as provide continuous feedback for effective tracking and reporting.
• Recommend business process changes and implement efficient processes for the management of new business products.
• Effectively evaluate legal documents and other applicable forms to understand business impact and ensure continuity of loan management.

Experience You Bring to the Team

Minimum Required Experience

• 6 years of Multifamily or commercial real estate experience, preferably in asset management, financial reporting or underwriting
• Multifamily Loan Management skills to include evaluating loan requests, classifying loan risk, identifying fraud, and underwriting loans
• Experience gathering accurate information to explain concepts and answer critical questions
• Risk assessment and management skills including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating noncompliance
• Relationship management skills including managing and engaging stakeholders, customers, and vendors, and building relationship networks
• In depth knowledge of Multifamily real estate finance
• In depth knowledge of Fannie Mae's Delegated Underwriting and Servicing model preferred
• 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
• Financial institutional experience around mortgage risk management
• Proficient with or able to quickly learn systems and software used by the organization
• Advanced Excel skills; able to create and manipulate pivot tables, create macros, and use lookups
• Excellent verbal and written communication skills; able to communicate with management and external users clearly and succinctly
• Excellent interpersonal skills with a proven ability to collaborate with a team
• Ability to multi-task and switch gears quickly
• Excellent analytical and problem-solving skills; quick learner who will ask questions, research existing documentation and understand the ecosystem
• Excellent organizational skills and strong attention to detail
• Ability to act as an independent operator with minimal supervision
• Business insight skills including advising, designing business models, interpreting customer and market insights, forecasting, and benchmarking
• Experience gathering accurate information to explain concepts and answer critical questions
• Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
• Experience identifying and selecting strategic options and identifying resources to meet the defined objectives
• Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Adept at managing project plans, resources, and people to ensure successful project completion

Education

Bachelor's Level Degree (Required)

Work Location

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.

Equal Opportunity

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.

Compensation

Requisition compensation: 141000 to 184000

Benefits

• 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.

Other Information

This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program).

Disclaimer

We are a Fortune 25 company, and our innovative products and services drive the mortgage industry forward. We believe that prioritizing our people’s growth and success is essential to achieving our business goals and fulfilling our purpose.