Multifamily Underwriting Analyst - Senior Associate
Skills
About the role
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 team, you will contribute to managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments.
THE IMPACT YOU WILL MAKE
The Multifamily Underwriting Analyst – Senior Associate 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:
Review Lender loan packages and assist in underwriting multifamily loans prior to their acquisition.
Gather and assess the strengths, risks, and mitigants of each loan to determine the supportable loan sizing parameters.
Work with internal and external partners to size debt financing within acceptable risk tolerances based on the market, sponsor, property performance, and other risk characteristics while adhering to internal risk tolerances and guidance.
Recommend an appropriate lending decision and provide documentation of the negotiated decision.
Approve issuance of the securities or other financial loans to the customer.
Enhance your current multifamily underwriting skills by leveraging the experience of coworkers while working through diverse and challenging multifamily deals across various property types.
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experience
2 years of multifamily credit underwriting experience
Strong working knowledge of credit and financial analysis skills relating to multifamily properties
Ability and willingness to work in a fast-paced, results driven environment
Solid written and verbal communication skills
Must be a team-player, but also be willing to also be a self-starter, when needed
Demonstrates curiosity and adaptability by learning and responsibly applying new techniques, including artificial intelligence, to reimagine how we work
Desired Experience
Bachelor’s degree or equivalent
Knowledge of DUS/GSE multifamily underwriting guidelines
Familiarity with a range of multifamily property types
Developing risk assessment/mitigation abilities
Strong relationship management skills
Ability to understand and evaluate borrower/organizational structures
Advanced Excel analysis and/or modeling skills
Multifamily Risk - Underwriting - Senior Associate
#LI-NL1 - Hybrid
Qualifications
Education: Bachelor's Level Degree (Required)
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.
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 employee's physical, mental, emotional, and financial well-being. here.
Requisition compensation: 85000 to 110000
Compensation
This Other role pays $85k/yr. Within typical range for other roles in United States.
Questions about this role
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