MF Risk Asset Management Insurance Senior Associate

Playing an essential role in the U.S. economy Fannie Mae is foundational to housing finance. Here your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

As a valued colleague on our Multifamily Risk team you will support the insurance oversight and risk management activities for Fannie Maes multifamily asset this role you will monitor insurance compliance evaluate insurance-related risks and partner with internal and external stakeholders to help ensure that multifamily properties maintain appropriate insurance coverage throughout the life of the loan. You will analyze insurance documentation support portfolio risk assessments and contribute to the continuous improvement of insurance processes reporting and operational effectiveness.

• Monitor insurance compliance for an assigned multifamily portfolio to ensure properties maintain required insurance coverage in accordance with Fannie Mae guidelines and servicing requirements.
• Review insurance policies certificates of insurance endorsements and related documentation to verify coverage adequacy policy terms and compliance with established standards.
• Identify insurance-related risks and exceptions analyze potential impacts to collateral and recommend appropriate mitigation strategies.
• Partner with Asset Management Servicing Risk Legal Underwriting and external servicers or insurance providers to resolve insurance compliance issues.
• Analyze insurance trends portfolio data and operational metrics to support portfolio monitoring and risk management activities.
• Prepare reports dashboards and analyses that communicate insurance compliance portfolio performance and risk exposure to key stakeholders.
• Support governance activities by maintaining accurate documentation and ensuring adherence to internal controls policies and regulatory requirements.
• Assist with insurance-related projects audits regulatory examinations and continuous improvement initiatives.
• Recommend process improvements that enhance operational efficiency reporting accuracy and the overall effectiveness of insurance oversight activities.
• Utilize enterprise systems and reporting tools to track insurance compliance document portfolio activity and support informed business decisions.

Minimum Required Experience

• 2 years of experience in insurance commercial real estate multifamily lending asset management loan servicing risk management underwriting portfolio management or a related financial services environment
• Shows curiosity and adaptability in learning and responsibly applying new technologies including artificial intelligence to reimagine how we work.

Desired Experience

• Bachelors degree or equivalent experience.
• Experience reviewing commercial property insurance policies certificates of insurance endorsements or insurance compliance documentation.
• Knowledge of commercial property insurance concepts including property general liability flood builders risk umbrella/excess liability and other insurance coverages applicable to multifamily properties.
• Familiarity with multifamily lending commercial real estate finance loan servicing or asset management.
• Experience analyzing financial operational or insurance-related data and preparing reports for business stakeholders.
• Knowledge of governance frameworks internal controls and regulatory compliance within a highly regulated financial services environment.
• Experience using Microsoft Excel enterprise systems and reporting tools to analyze data and manage portfolio information.
• Strong analytical organizational and problem-solving skills with exceptional attention to detail.
• Excellent written and verbal communication skills with the ability to collaborate across cross-functional teams.
• Demonstrated curiosity and adaptability in learning and responsibly applying emerging technologies including artificial intelligence to improve business processes reporting and analytical capabilities.

#LI - TW1 - Hybrid

Qualifications

Education:

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:

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