Organization: Fannie Mae
Location: Remote (Flex) | Plano, TX | Reston, VA | Washington, DC
Schedule: Full-time
Job Requisition ID: JR2104
Target Compensation: $155,000 – $209,000
About Fannie Mae
Fannie Mae plays a critical role in the U.S. economy by supporting housing finance. The organization fosters purpose-driven innovation to expand access to homeownership and affordable rental housing nationwide. Employees at Fannie Mae are empowered to grow professionally while making a meaningful impact in helping people find a place to call home.
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Role Overview
The Senior Manager – Multifamily Assumptions/Transfers is responsible for developing strategic plans, coordinating team activities, and managing the administration and operations of multifamily loan transactions and assigned portfolios. This role ensures seamless execution of business processes via enterprise systems, enabling effective credit risk management, tracking, and reporting.
Primary Responsibilities
- Strategic Leadership & Portfolio Oversight
Lead and coordinate the implementation of team objectives, supporting the achievement of strategic goals. Review transactions and monitor portfolio performance through enterprise systems. - Transaction Management & Credit Analysis
Oversee underwriting and credit evaluation for Multifamily Loan assumptions, transfers, and forward transactions. Assess and manage transaction and asset risk. - Governance & Controls
Regularly review existing governance frameworks and internal controls, providing recommendations for updates and improvements.
Ideal Candidate Profile
Required Experience:
- Minimum 6 years in Multifamily, preferably in Credit Underwriting or Asset Management, with management experience.
- Strong knowledge of Multifamily markets, including DUS model, products, real estate finance, legal contracts, loan documents, property/collateral valuation, credit, and regional market trends.
- Comprehensive understanding of commercial mortgage underwriting, including property-level financial analysis, borrower structures, and regional market assessments.
Preferred Qualifications:
- Bachelor’s degree or equivalent.
- Demonstrated leadership and relationship management skills, with the ability to engage effectively with both internal and external stakeholders.
- Strong written, verbal, and presentation skills.
- Negotiation, persuasion, and influencing abilities.
- Knowledge of DUS/GSE underwriting guidelines.
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Application Process
Candidates interested in joining Fannie Mae are encouraged to apply through the Fannie Mae Careers Page. Applicants should ensure they meet the location requirements or have a reasonable commute unless the role is open to fully remote work.
Why Join Fannie Mae
Fannie Mae offers employees the opportunity to tackle some of America’s largest housing challenges using cutting-edge technology and AI. The company provides a comprehensive benefits package, including health, life, and voluntary lifestyle benefits, along with incentive programs. Employees are supported in their professional growth while contributing to a mission that transforms housing accessibility across the country.
Fannie Mae is an equal opportunity employer and values diversity in its workforce, offering reasonable accommodations to qualified applicants with disabilities.