MF Underwriting & Asset Management Credit Risk Oversight, Manager (Hybrid - 3 days in office - VA)
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
The MF Underwriting and Asset Management (MF UW&AM) Credit Risk Oversight Senior Director is seeking a Manager who will be part of the team responsible for oversighting a wide range of credit risk functions for multifamily loan underwriting and asset management.
Our Impact:
The team performs credit risk oversight and effective challenge with a focus on emerging risks and blind spots to ensure timely risk detection and improve credit risk profile.
The team prepares pre-funding and post-purchase credit recommendations to maintain the credit quality of MF portfolio.
Your Impact:
Perform ongoing post-purchase credit risk analysis for the multifamily portfolio to ensure timely risk detection and improve credit decision-making processWork independently on credit risk issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trendsPrepare post-purchase credit risk assessments to ensure credit quality of loan underwritingWork on targeted risk review reports to prepare credit risk assessments
Qualifications:
8-10 years of related experience in Multifamily credit underwriting.
2
years management experience preferred.
Experience working in the multifamily mortgage industry or financial institutions.
Ability to understand and advance in providing a high-level perspective on credit risk issues.
Experience in review of internal valuations, third-party appraisals, and physical condition reports.
Ability to work independently within an established review process, ability to prioritize tasks, capable of handling multiple tasks at once to meet timelines.
Ability to change the thinking of, or gain acceptance from, others in sensitive situations, without damage to relationship to Underwriting and Asset ManagementEffective, concise, and well-organized verbal and written presentation skills.
BA/BS Degree in Real Estate with a concentration in Finance or equivalent experience.
Advanced studies/degree preferred.
Experience working with LIHTC (Low Income Housing Tax Credit), SBL (Small Business Loans), and/or TAH (Targeting Affordable Housing) programs preferred.
Keys to Success in this Role:
Strong Multifamily Underwriting and Credit expertiseEnjoy an oversight role to the MF Division by providing high-level perspectivesTeam player with positive attitudeStrong work ethicCurrent Freddie Mac employees please apply through the internal career site.
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing.
Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company.
We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law.
We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Please contact us to request accommodation.
Notice to External Search Firms:
Freddie Mac partners with BountyJobs for contingency search business through outside firms.
Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee.
If interested in learning more, please visit and register with our referral code:
MAC.
Time-type:
Full timeFLSA Status:
ExemptFreddie 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 $155,000 - $233,000 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.
Job SummaryJob number:
JR12624Date posted :
2024-04-17Profession:
MultifamilyEmployment type:
Full time.
Estimated Salary: $20 to $28 per hour based on qualifications.
Position Overview:
The MF Underwriting and Asset Management (MF UW&AM) Credit Risk Oversight Senior Director is seeking a Manager who will be part of the team responsible for oversighting a wide range of credit risk functions for multifamily loan underwriting and asset management.
Our Impact:
The team performs credit risk oversight and effective challenge with a focus on emerging risks and blind spots to ensure timely risk detection and improve credit risk profile.
The team prepares pre-funding and post-purchase credit recommendations to maintain the credit quality of MF portfolio.
Your Impact:
Perform ongoing post-purchase credit risk analysis for the multifamily portfolio to ensure timely risk detection and improve credit decision-making processWork independently on credit risk issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trendsPrepare post-purchase credit risk assessments to ensure credit quality of loan underwritingWork on targeted risk review reports to prepare credit risk assessments
Qualifications:
8-10 years of related experience in Multifamily credit underwriting.
2
years management experience preferred.
Experience working in the multifamily mortgage industry or financial institutions.
Ability to understand and advance in providing a high-level perspective on credit risk issues.
Experience in review of internal valuations, third-party appraisals, and physical condition reports.
Ability to work independently within an established review process, ability to prioritize tasks, capable of handling multiple tasks at once to meet timelines.
Ability to change the thinking of, or gain acceptance from, others in sensitive situations, without damage to relationship to Underwriting and Asset ManagementEffective, concise, and well-organized verbal and written presentation skills.
BA/BS Degree in Real Estate with a concentration in Finance or equivalent experience.
Advanced studies/degree preferred.
Experience working with LIHTC (Low Income Housing Tax Credit), SBL (Small Business Loans), and/or TAH (Targeting Affordable Housing) programs preferred.
Keys to Success in this Role:
Strong Multifamily Underwriting and Credit expertiseEnjoy an oversight role to the MF Division by providing high-level perspectivesTeam player with positive attitudeStrong work ethicCurrent Freddie Mac employees please apply through the internal career site.
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing.
Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company.
We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law.
We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Please contact us to request accommodation.
Notice to External Search Firms:
Freddie Mac partners with BountyJobs for contingency search business through outside firms.
Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee.
If interested in learning more, please visit and register with our referral code:
MAC.
Time-type:
Full timeFLSA Status:
ExemptFreddie 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 $155,000 - $233,000 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.
Job SummaryJob number:
JR12624Date posted :
2024-04-17Profession:
MultifamilyEmployment type:
Full time.
Estimated Salary: $20 to $28 per hour based on qualifications.
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