Freddie Mac

Multifamily Asset Management Senior

Freddie Mac$122K — $182K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance or Business Administration, or equivalent experience
  • 5-7 years of experience in commercial real estate finance and asset management
  • Ability to manage high volumes of requests efficiently
  • Proficient in Microsoft Office, especially Excel and Word
  • Strong project accuracy with measurable deadlines
  • Experience in relationship management with stakeholders and customers
  • Preferred background in LIHTC projects

Responsibilities

  • Analyze and manage complex transactions and loan requests
  • Underwrite multiple requests simultaneously with high efficiency
  • Review monthly changes to credit enhancements at deal level
  • Support new deal initiatives and loan products
  • Coordinate with external Servicers on consent requests and collateral changes
  • Lead loan compliance for securitization deals
  • Provide excellent customer service while handling a large volume of requests

Benefits

  • Comprehensive total rewards package
  • Market-leading benefit programs
  • Participation in an annual incentive program
Full Job Description
Position Overview:

Are you a smart, curious, self-motivated professional with a passion for multifamily real estate? Or worked in a commercial real estate legal, commercial bank or development shop? If so, Freddie Mac might be the employer for you! We are looking a Multifamily Asset Management Senior to join the Structured Transactions group. This group falls within Special Servicing and handles asset management related functions for our most complex portfolio and securitized assets. This portfolio represents a multi-billion-dollar, long term portfolio exposure to Freddie Mac but also represent a significant commitment to some of Freddie Mac's most meaningful corporate housing affordability objectives. The hired candidate will analyze, process, and manage a variety of consent requests, complete underwriting analysis, and work with legal counsel as appropriate. In addition, this person will exercise delegated approval authority for certain credit decisions on regular requests and recommend to management for circumstances that exceed their respective levels of authority.

Our Impact:

Analysis
  • Analyze, process and manage complex transactions, complete underwriting analysis on borrower requests such as: loan assumptions, collateral substitutions, easements and other industry standard performing loan requests
  • Underwrite and process multiple requests simultaneously utilizing organizational skills and a high level of efficiency
  • Review and process changes to loan/deal-level credit enhancements monthly
  • Support new deal and loan product initiatives for the team
  • Support the process of reviewing and analyzing loan level financial and operating property information


Your Impact:
  • Coordinate with external Servicers on post-closing Borrower consent requests and collateral changes
  • Lead loan compliance efforts for given deal securitizations by working with Servicers to acquire information, then sharing details with all relevant internal parties
  • Provide superior customer service while managing a large volume of requests
  • Communicate effectively with Servicers and internal partners


Qualifications:
  • Bachelor's Degree in Finance or Business Administration or an equivalent combination of education and experience
  • Typically has 5 to 7 years of relative experience in commercial real estate finance and asset management
  • Ability to efficiently manage large volumes of requests and be a flexible teammate
  • Proficiency with Microsoft Office products specifically Excel and Word
  • Proven ability to work accurately on projects with specific goals and measurable deadlines
  • Experience building and maintaining positive relationships with internal stakeholders and external customers
  • LIHTC experience is preferred


Keys to Success in this Role:
  • Worked previously at a commercial real estate lender, legal, developer, third-party underwriting or servicing shop
  • Interest in continuing to develop asset management skills; passionate about a variety of complex financing structures or unstabilized assets
  • Exposure to a multifamily real estate portfolio
  • Strong verbal and written communication skills; with strong interpersonal and customer service skills
  • Ability to prioritize and be proactive; must have excellent organizational skills with attention to detail
  • Ability to understand complex legal documents
  • Experience with financial analysis and valuation


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 $122,000 - $182,000 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.

About Freddie Mac

Freddie Mac is vital to a strong U.S. housing system, providing liquidity to the mortgage market under all economic conditions while ensuring the safety and soundness. As a trusted leader in housing finance, we guide the industry in meeting the needs of lenders and lowering the cost of housing for America's families.
Learn more about Freddie Mac
Size
7,284 employees
Industry
Founded
1970
NASDAQ

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