Associate General Counsel - Multifamily Finance (Open to Remote)

Company Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

Job Description

As a valued contributor to our team, you will operate with considerable latitude in consulting, advising, and representing Fannie Mae’s multifamily business in service of our mission to provide stability, liquidity, and affordability in the housing ecosystem. Your work will span a wide range of multifamily loan transactions and other high-impact legal matters and projects related to the multifamily business and/or commercial real estate, mortgage finance or corporate law generally. You will ensure that legal documents, such as those related to multifamily loan transactions or the multifamily mortgage business, or other commercial contracts or corporate actions, are prepared appropriately and consistent with our business needs, priorities and risk parameters. You may advise on multifamily or corporate initiatives, product development, credit risk policies, asset management or regulatory concerns to assess legal risks to the multifamily business or the company, and may act as a subject matter or technical expert on significant business or legal decisions.

THE IMPACT YOU WILL MAKE

The Multifamily Legal - Associate General Counsel - Principal 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:

• Provide legal advice and service by combining skill and knowledge in multifamily and commercial mortgage finance, real estate law, municipal finance law and corporate law with sound business acumen and judgment of business goals and objectives of the company or assigned business units.
• Use business and legal judgment to balance an appropriate level of risk against the business needs in a particular situation. Operate within the framework of appropriate corporate behavior and governance, and legal and regulatory compliance.
• Supervise and actively direct outside counsel.
• Evaluate legal and regulatory analyses and partner with management to identify and escalate potential reputation issues to leadership.
• Negotiate and draft contracts, disclosures, agreements, and other legal documents.
• Provide advice on counseling business clients related to important business and legal issues, developments and initiatives. Engage with assigned business units to meet goals. Pursue details and achieve closure on transactions and various matters and projects. Provide excellent client service.
• Collaborate on issues of significance for the company.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

• Juris Doctorate
• 8 years related experience, including 3 years public finance experience
• Experience negotiating and closing complex finance transactions, specifically multifamily affordable housing finance, bond finance or other municipal finance transactions
• Experience working independently and flexibly in fast-paced environment
• Experience communicating with clients and building trusted advisor relationships
• Experience working in a collaborative legal or business environment
• Experience adapting, learning and applying existing skills in new professional contexts or areas of law

Desired Experience

• Agency finance and/or other commercial, leasing, finance or corporate transaction experience
• Experience with complex borrower structures and lending issues such as non-recourse carveouts, title insurance, surveys, mezzanine loans and market standards
• Experience with complex deal structures, variable rate or multi-modal bonds, and bonds with credit enhancement
• Experience advising a regulated entity
• Experience engaging and managing outside counsel, establishing matter budgets, and reviewing and managing outside counsel billings
• Experience supporting continuous improvement of legal processes to support business transactions

Desired Skills

• Legal skills including legal analysis, advocacy and drafting
• Ability to quickly understand the business needs and partner with the business and other stakeholders to create solutions and effectively deliver team results
• Ability to work with people with different functional expertise and at all levels, respectfully and cooperatively to work toward a common goal
• Interpersonal and influencing skills including negotiating, persuading