Agency Multifamily Lending, Transaction Manager - Senior Associate
Agency Multifamily Lending, Transaction Manager - Senior Associate
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$ 85500 - 120000
1 Vacancy
Job Description
Are you a seasoned professional in Commercial Real Estate with a passion for mortgage-backed securities from Government Sponsored Enterprises If so our Agency Multifamily Lending group is the ideal team for you. As a Senior Transaction Manager on the Agency Lending team you will play a critical role in ensuring a seamless transaction experience for clients and providing strategic support to Underwriters by managing the inflow of new multifamily loan submissions and assisting with preliminary underwriting.
Responsibilities:
- Coordinate with the borrowers underwriters and bankers to obtain necessary due diligence required for loan file
- Assist in transition from screening to underwriting.
- Maintain loan file applicable checklists and any documents required.
- Review and analyze items received to ensure file is accurately documented.
- Order and review third party reports (appraisals PCA ESA Zoning Report etc.)
- Manage all aspects of the underwriting and closing of transactions by working closely with Insurance KYC and Legal to ensure all required information is completed.
- Run required credit checks applicable to the Firm Fannie Mae or Freddie Mac.
- Assist with Market Property and Sponsor Analysis.
- Assist underwriter by entering basic third-party report data to the sizer (appraisal PCA ESA Zoning Report etc.)
- Complete and/or assist Underwriters with applicable agency forms for submission.
- Assists with assembling loan package and delivering to closing.
- Occasional travel to inspect properties and prepare inspection reports.
- Other projects and duties assigned and deemed appropriate from the manager.
Experience Skills and Abilities Required:
- Excellent project management and organizational skills.
- Must be detail oriented and demonstrate excellent communication skills.
- Knowledge of multifamily real estate property fundamentals and agency lending/underwriting.
- Ability to learn multifamily underwriting technology systems and tools that are specific to Fannie Mae and Freddie Mac.
- Must be able to work independently and as a team member.
- Bachelors degree preferred.
- Requires 2-4 years of experience in multifamily and multifamily affordable housing.
- Must be able to work well under pressure in a fast paced environment; prioritizing work in order to meet deadlines.
Preferred Qualifications Capabilities and Skills
- Bachelors degree preferred
Required Experience:
Manager
Employment Type
Full-Time
