Multifamily Asset Management Risk Associate
Job Description
As a valued colleague on our Multifamily Special Credits Risk team, you will support your team by managing the administration, strategic planning, and operations of an assigned multifamily loan portfolio. In this role, you will monitor and report on the end-to-end execution of business processes using enterprise systems for effective tracking and reporting.
THE IMPACT YOU WILL MAKE
- Participate in activities that support a portfolio's vision and strategic objectives.
- Aid in analyzing portfolio progress and process reports for the team to provide portfolio performance to key stakeholders.
- Evaluate the risk of current high-risk multifamily loans while complying with governance and controls.
- Might occasionally travel to inspect multifamily properties with the Asset Manager.
Minimum Required Experiences
- Education, training or experience with multifamily or commercial loan underwriting, loan servicing, or asset management.
- Understanding of multifamily or commercial real estate property financials and operating statements.
- Experience gathering accurate information with the ability to explain concepts and answer critical questions.
- Strong collaboration skills and proven ability to work with people with different functional expertise respectfully and cooperatively towards a common goal.
- Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.
Desired Experiences
- Bachelor’s degree or equivalent.
- Experience evaluating the potential risks of multifamily loans to the business and contributing to the risk resolution.
- Skilled in Excel including creating and manipulating pivot tables, writing formulas, etc.
Qualifications
- Education: Bachelor's Level Degree (Required).
Hybrid Qualifications
- The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.
- For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-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
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.
Reasonable Accommodations
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.
Requisition Compensation
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.
Pay
This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program).
Benefits
See more here.