Multifamily Asset Management Surveillance Manager
Multifamily Asset Management Surveillance Manager
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$ 150000 - 224000
1 Vacancy
Job Description
At Freddie Mac you will do important work to build a better housing finance system and youll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
Do you have a passion for commercial real estate Do you have experience leading a team of analysts who analyze operating statements identify trends and detect risks The Surveillance Team within the Asset Management and Operations Department of the Chief Operating Office in Multifamily is responsible for detecting and managing credit regulatory and reputational risks to Freddie Mac that come from loans or bonds in Freddie Mac Multifamily s investment transitional or master serviced portfolios. The Master Servicing Team works closely with Primary Servicers and helps detect and manage the risk of Freddie Macs Master Servicing portfolio. This includes analyzing property condition value or operational performance at the asset level for the purpose of identifying and measuring that risk in order to properly value rate and understand the risk profile of the assets. The Master Servicing team works closely with many other groups in Asset Management Freddie Mac Multifamily our Optigo customer network and the US Multifamily industry in general. Apply now and learn why Freddie Mac is #HomeToMore!
Our Impact:
The Surveillance Team within the Asset Management and Operations Department of Multifamily is responsible for detecting and managing credit regulatory and reputational risk to Freddie Mac that comes from loans or bonds in Freddie Mac Multifamily s investment transitional or specially serviced portfolio. Our team works closely with multiple groups within Freddie Mac Multifamily our Optigo customer network and the US Multifamily industry in general. Through our monitoring of credit quality and performance of our multifamily portfolio we provide the greatest recovery to investors and superior service to Borrower while ensuring compliance with government regulations and/or company policy.
Your Impact:
In this role you will be responsible for:
Assisting with overseeing the detection evaluation and management of credit risk associated with loans in the master servicing portfolio. This requires understanding and familiarity with CREFC guidelines and the Freddie Mac Servicing Standard.
Leading a team of analysts to assess loanlevel risk through analysis of operating statements and inspections by evaluating the property market borrower and property management
Organizing and providing feedback for Optigo Lenders while building a partnership.
People Leader responsibilities which includes hiring and retention of staff; assign motivate evaluate train manage and coach analysts.
Maintaining compliance with Departmental Procedures and Multifamily Guide Requirements
Integrating business processes with technology improvements and advances
Performing other duties as assigned.
Qualifications:
7 10 years experience in Master Servicing of Commercial Real Estate or similar experience in Commercial Property Underwriting Lending or Asset Management within a complex high volume wellcontrolled regulated business
Bachelors degree in business administration Real Estate or Finance
Strong expertise with technology productivity tools specifically Microsoft Office products (Excel Word Power Point and Outlook).
Strong team player with leadership skills
Strong verbal and written communication skills
12 years experience recruiting training and leading team members people leader experience preferred
This position is not hybrid. Candidate must be able to work inoffice MondayFriday
Keys to Success in this Role:
Understanding of securitized lending structures such as CMBS and the parties and roles within those structures.
Knowledge of US multifamily commercial real estate markets with some experience throughout the United States
Experience with Affordable rental housing and cash flow analysis.
Expertise with Income Producing Property Appraisal practices and standards
Current Freddie Mac employees please apply through the internal career site.
Today Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart creative and dedicated team and youll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Macs business. This includes employee commitment to our acceptable use policy applying a vigilancefirst approach to work supporting regulatory mandates and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more please visit and register with our referral code: MAC.
Timetype:Full timeFLSA Status:ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and marketleading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized marketbased salary range of $150000 $224000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position experience skill set internal pay equity and other relevant qualifications of the applicant.Required Experience:
Manager
Employment Type
Full-Time
