Multifamily Senior Asset Manager - Lead Associate, Watchlist Management

The Fannie Mae; Washington (District of Columbia); Hybrid; USD 123,000 - 161,000; Full time

Job summary

The Fannie Mae in Washington, DC seeks a Multifamily Senior Asset Manager - Lead Associate to oversee watchlist portfolio administration, risk management and reporting, partnering with Servicers and Sponsors to drive performance.

You will leverage strong analytical skills, develop internal presentations, and collaborate across teams while applying new techniques including AI to reimagine processes.

Qualifications

• 4 years of Multifamily or Commercial Real Estate experience, preferably in Asset Management or Underwriting.
• Experience analyzing troubled assets including loan documents and Servicer reporting deliverables.
• Strong analytical and financial analysis skills.
• Ability to assess risks and their impacts to the property’s risk rating.
• Strong verbal and written communication skills.
• Experience developing presentations and reports for internal stakeholders.
• Ability to work independently, but also collaboratively across teams.
• Strong multi-tasking and relationship management skills.
• Proficient in Word, Excel, PowerPoint, Access, and Teams.
• Demonstrates curiosity and adaptability by applying AI techniques.

Responsibilities

• Support portfolio vision and strategic objectives.
• Evaluate and communicate risk of assigned Watchlist loans.
• Engage with Servicers to support analysis of collateral performance.
• Understand Sponsors’ and Servicers’ risk management strategies.
• Lead portfolio progress analysis and report performance to stakeholders.
• Provide Servicer feedback to stakeholders.
• Assist with special projects.

Skills

Multifamily

Asset Management

Underwriting

Financial Analysis

Risk Management

Communication

Presentation Skills

Microsoft Office

Independent Work

AI Awareness

Education

Bachelor’s degree or equivalent

Tools

Microsoft Word

Excel

PowerPoint

Access

Teams

Job 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 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 MAKE

The Multifamily Senior Asset Manager - Lead Associate, Watchlist Management 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.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum 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).
• 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, and Teams).
• 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

Multifamily Risk - Asset Management - Lead 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:

123000

to

161000