Freddie Mac

Multifamily Production Associate - NYC Remote

Freddie Mac$99K — $149K *
US-AnywhereRemote in New York, NY
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Real Estate, Finance, Economics, Business Administration, or related field
  • 0 to 2 years of professional experience
  • Proficiency in Microsoft Excel and Word
  • Strong written and verbal communication skills
  • Interest in a commercial real estate career
  • Willingness to travel in the future
  • Military and/or service industry experience is a plus

Responsibilities

  • Conduct high-volume reviews of new financing opportunities
  • Perform due diligence including market data and cash flow analysis
  • Manage deal pipeline through daily system updates
  • Collaborate with underwriting team to analyze transactions
  • Engage with Production Team Lead and external customers for deal processing
  • Handle additional reporting and macro-data analysis
  • Assist Producers and Associates in evaluating new debt opportunities

Benefits

  • Comprehensive total rewards package
  • Competitive compensation
  • Market-leading benefit programs
Full Job Description
Must be located in the NYC metro area and understand that this is a fully remote opportunity.

Position Overview:

If you are a smart, motivated and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you! The nation's greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed-income with an annual platform exceeding $75 billion is looking to add a Production Associate to the Northeast Region team. Apply now to contribute to our mission of Making Home Possible!

Our Impact:

From rehab to value-add, lease-up, construction take-out, pre-stabilized and stabilized, Freddie Mac Multifamily offers financing that spans the commercial real estate life-cycle and the spectrum of multifamily property types including Class-A mixed-use multi-tenant high-rises in our nation's urban cores, conventional garden-style assets in the suburban infill outside of our major cities, dedicated student housing properties at our nation's leading educational institutions and manufactured housing communities (MHCs) across rural America.

Your Impact:

The Production Associate will be fully remote but must live in the NYC metro area with ability to meet with the team and easily. Reporting to one of the Region's Managers or Directors, the hired candidates will work on one of many deal teams and will be responsible for assisting the team's Producer and Associates in evaluating, structure, and quoting new debt opportunities.

If you are an analytical team player who is interested in helping create, preserve and improve multifamily housing, please submit your application to join our exciting and dynamic organization.

Your work is largely categorized two ways:

Analysis
• High-volume deal review for new financing opportunities. Includes preliminary review of deals before quote, as well as anticipating and solving problems through Rate Lock timeline
• Due diligence, which includes the examination of comp sets, internal and external market data and cash flow analysis
• Pipeline management through daily system updates

Communication and Collaboration
• Collaborative engagement with underwriting team to negotiate and analyze each transaction within Freddie Mac's Credit Policy and Underwriting Guide
• Additional reporting and macro-data analysis, which may include special projects and/or pre-travel preparation
• Interact with Production Team Lead and external customers to ensure efficient deal processing and competitive results

Qualifications:
  • Bachelor's Degree in Real Estate, Finance, Economics, Business Administration, or related field
  • 0 to 2 years of professional experience
  • Demonstrated proficiency with Microsoft Excel and Word
  • Strong written and verbal communication skills
  • Proven interest in a commercial real estate career
  • Position will require future travel
  • Military and/or service industry experience is a plus! If that experience is not listed in your resume, please upload a cover letter that includes that information and any references for it to be considered.


Keys to Success in this Role:
  • Refined multi-tasking/prioritization skills
  • Positive attitude, even under pressure
  • Strong interpersonal skills and work ethic
  • Attention to detail
  • Team player mentality


Current Freddie Mac employees please apply through the internal career site.

Time-type:Full time

FLSA Status:Non-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 $99,000 - $149,000 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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