Multifamily Risk - Asset Management - Lead Associate (Flexible Hybrid)

Fannie Mae - Washington, DC

Full-time - Mid Level

Remote - Washington, DC

Credit Intermediation and Related Activities

About the position

The Multifamily Risk - Asset Management - Lead Associate role at Fannie Mae involves managing the administration, strategic planning, risk management, and reporting of an assigned portfolio within the Multifamily Watchlist Management team. This position offers flexibility in work arrangements while providing opportunities to impact the housing industry positively. The role requires collaboration with various stakeholders to evaluate and communicate risks associated with Watchlist loans, ensuring compliance with governance and controls.

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.

Requirements

• Minimum 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.
• 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.).

Nice-to-haves

• Bachelor's degree or equivalent

Benefits

• Broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.