Multifamily Senior Asset Manager, Lead Associate - Watchlist Management
Multifamily Senior Asset Manager, Lead Associate - Watchlist Management
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Job Description
At Fannie Mae the inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of a collaborative team thriving in an energizing environment. Here you will grow your career and help create access toaffordable housing finance.
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 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 portfolios 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 propertys 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).
Desired Experience
Bachelors degree or equivalent
Multifamily Risk - Asset Management - Lead Associate
Target Pay Range: $121000 - $158000 a year
#LI-NL1-Hybrid
Qualifications
Education:
Bachelors Level Degree (Required)The future is what you make it to be. Discover compelling opportunities at most roles employees are expected to work onsite on a regular basis at their designated office -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 employees physical mental emotional and financial well-being. See more here.
Requisition compensation:
121000to
158000Required Experience:
Manager
Employment Type
Full-Time
