Position Overview:The Multifamily Real Estate Department of the Legal Division of Freddie Mac is seeking an attorney to join the team as an Associate General Counsel. This role will provide legal advice and counsel on a wide range of transactions and other matters related to the Multifamily Division's business.
We are seeking an attorney with a background in commercial real estate finance to work in a vibrant and collaborative environment!
Your Impact:Transactions:
Serve as legal counsel, independently and/or assisting or collaborating with other attorneys, for Freddie Mac's purchase and/or servicing of multifamily loans. This may include:
- negotiating contracts/commitments, loan documents, and other transaction documents
- reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters
- due diligence of real estate matters in connection with structured transactions or securitization
- coordination and management of outside counsel
- support multifamily client on coordination with regulatory and governmental affairs, including interaction with FHFA and congressional inquiries
- collaboration with peers across the legal division
Non-Transactional Matters: - Initiatives and product improvements and development
- loan documents and forms, Guide updates and credit policy
- costing and pricing matters
- lender approvals and other counterparty matters
- multifamily research, marketing, and communications
- risk management strategies for all aspects of the multifamily business
- improvements to both legal and non-legal processes to increase efficiency and reduce costs across the multifamily business
Communication and Collaboration:- Training multifamily client and peers on matters relating to multifamily loans and securities
- Collaborating with peers to ensure consistency of legal advice and negotiating positions.
- Creating and maintaining effective relationships with business clients, with lenders from whom Freddie Mac buys multifamily mortgages and who service those mortgages, and with lawyers for those lenders.
- Drafting well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.
Qualifications:- Juris Doctor (JD) degree
- Membership in good standing in a state Bar
- Minimum 10 years of legal experience in commercial and/or multifamily real estate finance transactions with a law firm or corporate law department, including responsibility for negotiating and closing real estate finance transactions
- Strong legal analytical and writing skills
- Knowledge of the customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactions
- Familiarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution of the same
- Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed securities (CMBS)
- Demonstrated general knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence
Keys to Success in this Role:- Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries
- Ability to organize and prioritize multiple pending time-sensitive matters
- Ability to build and maintain strong collaborative relationships with colleagues, clients, and customers
Current Freddie Mac employees please apply through the internal career site.Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $231,000 - $347,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
