Fannie Mae

Multifamily Senior Asset Manager - Lead Associate, Watchlist Management

Fannie Mae • $123K — $161K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years in Multifamily or Commercial Real Estate, focusing on Asset Management or Underwriting
  • Experience with analysis of distressed multifamily/commercial assets, including loan documentation
  • Strong analytical and financial skills
  • Ability to evaluate and understand complex risk scenarios
  • Excellent verbal and written communication skills
  • Ability to create reports and presentations for internal stakeholders
  • Proficiency in Microsoft applications, including advanced Excel functions.

Responsibilities

  • Support a portfolio's vision and strategic objectives
  • Evaluate and communicate the risk of Watchlist loans
  • Engage with stakeholders to assess collateral performance
  • Analyze and report on portfolio progress
  • Provide feedback to Servicers and internal teams
  • Assist with special projects as needed.
  • Lead risk management analysis and strategy adjustments.

Benefits

  • Comprehensive health benefits
  • Life insurance and voluntary lifestyle options
  • Employee wellness programs
  • Incentive program participation eligibility
  • Flexible work environment with hybrid options.
Full Job Description


Job Description

As a valued colleague on our Multifamily Watchlist Management team, you will provide expert advice on, and manage the administration, strategic planning, risk management and reporting of an assigned portfolio.

THE IMPACT YOU WILL MAKE

The Multifamily Senior Asset Manager - Lead Associate, Watchlist Management 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:

  • Support a portfolio's vision and strategic objectives.
  • Evaluate, document, and communicate risk of a portfolio of assigned Watchlist loans, while complying with governance and controls.
  • Engage with internal and external stakeholders (i.e. Servicers) to obtain information to support the analysis of the performance of the underlying collateral and Sponsor.
  • Understand the Sponsors' and Servicers' risk management strategies and effectiveness.
  • Lead portfolio progress analysis and enact changes, along with reporting portfolio performance to key stakeholders.
  • Provide Servicer feedback to the Servicer and internal stakeholders.
  • Assist with special projects as assigned.


THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 4 years of Multifamily or Commercial Real Estate experience, preferably in Asset Management or Underwriting.
  • Prior experience conducting detailed analysis of troubled multifamily or commercial real estate assets including reviewing loan agreements and related loan documents and Servicer reporting deliverables (i.e. property financials, inspections, late payments).
  • Strong analytical and financial analysis skills.
  • Ability to assess risks and their impacts to the property's risk rating. Ability to assess and understand the Sponsors' or Servicers' risk mitigation strategies.
  • Strong verbal and written communication skills.
  • Experience developing presentations and reports for internal stakeholders.
  • Ability to work independently, but also collaboratively across the Watchlist Management team and other teams, when needed.
  • Strong multi-tasking skills.
  • Strong relationship management skills.
  • Skilled in Microsoft Applications (Word, Excel, PowerPoint, Access, and Teams).
  • 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


Multifamily Risk - Asset Management - Lead Associate

#LI-NL1 - Hybrid

Qualifications

Education:
Bachelor's Level Degree (Required)

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. See more here.

Requisition compensation:
123000
to
161000

About Fannie Mae

As the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's economic recovery and helping to build a sustainable housing finance system. They exist to provide reliable, large-scale access to affordable mortgage credit in all communities across the country at all times so people can buy, refinance, or rent homes. Fannie Mae is working to establish and implement industry standards‚ develop better tools to price and manage credit risk‚ build new infrastructure to ensure a liquid and efficient market and facilitate the collection and reporting of data for accurate financial reporting and improved risk management. Fannie Mae is committed to being their customers’ most valued business partner and delivering the products, services and tools their customers need to serve the entire market confidently, efficiently and profitably. Ultimately‚ Fannie Mae measures their progress not only by paying taxpayers and improving the housing finance system‚ but also by the difference they make in people’s lives.

Fannie Mae Careers

Join the vibrant team at Fannie Mae, where we are committed to solving the challenges of today's housing market while fostering inclusive growth and innovation. As a cornerstone of the American mortgage system, Fannie Mae offers unparalleled job opportunities that empower you to influence the future of housing finance. Work You’ll Do At Fannie Mae, you will collaborate with some of the brightest minds in the finance and technology sectors. Our mission is to ensure access to affordable housing for people across the United States, and your work here will contribute to that goal. With roles ranging from financial analysis to technology development, your career at Fannie Mae will be marked by growth, leadership, and the pursuit of excellence. Innovate and Lead Fannie Mae stands at the intersection of financial services and innovative technology solutions, making it an ideal place for those who are driven to explore new ideas and push boundaries. Our culture thrives on innovation and leadership, encouraging every team member to bring forward ideas that drive efficiency and effectiveness. Professional Growth and Development Career advancement at Fannie Mae is not just a possibility—it is an expectation. We are dedicated to the professional growth of our employees through robust training programs, leadership workshops, and continuous learning opportunities. Whether you are looking to sharpen your analytical skills, enhance your leadership capabilities, or dive deep into the housing market dynamics, Fannie Mae provides the resources to achieve your professional goals. Diversity and Inclusion At Fannie Mae, we believe that diversity fuels innovation. We are committed to fostering an inclusive environment where diverse voices are heard and valued. Through diversity training and a culture that celebrates unique perspectives, we ensure that all team members can contribute to their fullest potential. Join Our Team Explore the array of job opportunities at Fannie Mae, from internships for budding professionals to full-time positions for seasoned experts. We are hiring individuals who are passionate, curious, and eager to make a difference. Our team is looking for candidates who not only have the necessary skills but also embody our values of integrity, impartiality, and respect. Benefits and Perks Working at Fannie Mae comes with a comprehensive benefits package designed to support the health, well-being, and financial security of our employees and their families. From competitive health benefits and retirement plans to flexible working arrangements and wellness programs, we prioritize the well-being of our team members. Stay Connected Networking and staying connected are key components of building a successful career at Fannie Mae. Engage with us through various professional networking events, online communities, and social platforms to stay updated on new positions, company news, and industry trends. Apply Now Ready to take the next step in your career? Review our open positions, tailor your resume, and prepare for an interview that could set you on a path to a rewarding career at Fannie Mae. We are excited to see how your vision, skills, and enthusiasm can contribute to our team and the broader mission of affordable housing. Explore Fannie Mae Jobs Discover the exciting and impactful career paths available at Fannie Mae. Each position offers the opportunity to challenge yourself, contribute to a significant cause, and work within a culture that values innovation, leadership, and community impact. Join us in shaping the future of housing finance—apply today and be part of a team that is dedicated to making a difference.
Learn more about Fannie Mae
Size
7,400 employees
Industry
Founded
1938
NASDAQ

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