Multifamily Portfolio Surveillance Senior

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:

Do you have a passion for commercial real estate? Do you have experience analyzing operating statements, seeking out trends and detecting risks? The Surveillance team within the Asset Management and Operations Department of Multifamily is looking for a hard-working, self-motivated and analytical teammate who can evaluate real estate, detect financial and physical risks and provide meaningful analysis to diverse stakeholders. Apply now and learn why Freddie Mac is #HomeToMore!

Our Impact:

The Surveillance Team within the Asset Management and Operations Department of Multifamily is responsible for detecting and managing credit, regulatory, and reputational risk to Freddie Mac that comes from loans or bonds in Freddie Mac Multifamily’s investment, transitional, or specially serviced portfolio. Our team works closely with multiple groups within Freddie Mac Multifamily, our Optigo customer network, and the US Multifamily industry in general. Through our monitoring of credit quality and performance of our multifamily portfolio, we provide the greatest recovery to investors and outstanding service to Borrower while ensuring compliance with government regulations and/or company policy.

Your Impact:

In this role, you will be responsible for:

• Assessing loan-level risk through analysis of operating statements and evaluation of property, market, borrower, and property management

• Reviewing servicer and third-party property inspections for quality control and risk determination; inspect properties throughout US to determine market position, physical condition, management quality. Some travel maybe required

• Completing valuations, business plans, and impairment reviews on the higher risk loan population

• Evaluating collateral, loans and assisting in due diligence activities to determine the appropriate assignments of risk ratings and classifications of loans in our portfolio

• Preparing Monthly CREFC IRP reports for Master Serviced loans and other reports for balance sheet products

• Monitoring portfolio performance through review of Watch List, delinquency reports

• Performing data analysis on global portfolio to provide intelligence to internal customers and senior management regarding performance of multifamily assets

• Preparing reports for management, investors and regulator

• Participating in initiatives to streamline business processes and further strengthen portfolio monitoring

• Performing special projects as assigned

Qualifications:

• Bachelor’s degree in finance, Real Estate, Business Administration, Quantitative Analysis or related field or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired

• Typically five to seven years related experience

• Ability to manage multiple efforts simultaneously

• Strong expertise in MS Excel with ability to create macros, pivot tables, excel functions, charts, etc.

• Experience building and maintaining strong partnerships with internal and external customers

• Strong verbal and written communication skills

• Ability to prioritize and be self-directed

• Strong organizational skills and even stronger work ethic

• Proficiency with Other Microsoft Office products (Excel, Word, Power Point, Teams)

Keys to Success in this Role:

• Providing superior customer service while managing a large volume of requests

• Knowledge of Multifamily Real Estate

• Basic knowledge of multifamily property inspections and operations

• Basic understanding of securitized lending structures such as CMBS, and the parties and roles within those structures.

• Understanding of Affordable Rental Housing, including the Low-Income Housing Tax Credit program

• Familiarity with developing complex spreadsheets including the use of Visual Basic for Applications (VBA)

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

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categorie