Senior Multifamily Collateral Risk Advisor & Oversight

The Fannie Mae; United States; On-site; USD 141,000 - 184,000; Full time

Job summary

Fannie Mae is seeking a Multifamily Collateral Risk Advisor to provide independent risk insight and advisory support on physical collateral risks affecting Multifamily credit decisions. You will evaluate engineering, property condition, seismic, environmental, and construction reports and translate findings into practical credit considerations within the loan lifecycle.

You will influence risk assessment practices, challenge material findings, and help strengthen collateral risk decision‑making

Qualifications

• 6 years of commercial real estate experience in engineering, construction, architecture, property condition, environmental, or related technical risk disciplines, multifamily experience preferred.
• Experience evaluating or overseeing technical third‑party reports and applying findings to commercial real estate risk or credit decisions.

Responsibilities

• Independently assess engineering, property condition, seismic, environmental, and construction‑related reports, including assumptions, methodologies, findings, and conclusions.
• Provide effective challenge and expert advice on material findings, risk ratings, mitigants, and risk treatment, translating technical issues into practical credit considerations.
• Produce timely, well‑supported conclusions that identify material issues, recommend resolution or escalation, and strengthen consistent collateral risk decision‑making.
• Oversee physical‑risk review workflows and controls, including report tracking, issue resolution, and disciplined documentation.
• Advise Multifamily teams and lender counterparties on the reasonableness, materiality, and use of collateral assessments; provide targeted training as needed.
• Conduct targeted site visits to validate material concerns, support risk assessments, and elevate findings as appropriate.
• Manage and monitor approved property condition and engineering vendors, including qualifications, report quality, performance trends, deficiencies, and remediation.
• Help evolve physical‑risk decision‑support tools, rating criteria, procedures, and monitoring practices consistent with industry standards and Fannie Mae expectations.

Skills

Commercial real estate

Risk assessment

Third-party report evaluation

Education

Bachelor's degree in engineering or related field

Job description

Fannie Mae is seeking a Multifamily Collateral Risk Advisor to provide independent risk insight and advisory support on physical collateral risks affecting Multifamily credit decisions. You will evaluate engineering, property condition, seismic, environmental, and construction reports and translate findings into practical credit considerations within the loan lifecycle.

You will influence risk assessment practices, challenge material findings, and help strengthen collateral risk decision‑making