Multifamily Commercial Real Estate Property Assessment Advisor (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

THE IMPACT YOU WILL MAKE

As a valued contributor, you will provide subject matter expertise to the team on Physical Condition Assessments (PCAs), including developing and maintaining a quality assurance program for PCA firm and professionals. In this position, you will assist in setting policy, reviewing reports, and developing a robust QC process to mitigate property condition risk in the book.

The Multifamily Commercial Real Estate Property Assessment Advisor 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:

• Reviews, prepares, and advises on Property Condition Assessments (PCAs) to ASTM Standard E2018 and/or Phase I Environmental Site Assessments (ESAs) with subject matter expertise of ASTM E1527, as well as Fannie Mae scope of work. 
• Subject matter expert in evaluating multifamily building systems and conditions, seismic, accessibility, MEP, or other specialties specific to Fannie Mae scope and/or frequently encountered recognized environmental issues/conditions and remedies.
• Consults with and provides guidance to the team on reviewing collateral securing Fannie Mae loans, as well as assisting in setting policy, reviewing reports and developing a robust QC process to mitigate property condition risk in the book. 
• Provides professional support and guidance to various Fannie Mae Multifamily teams with respect to property condition. 
• Photographs representative systems, conditions, and physical deficiencies and/or representative areas of a property and surrounding properties in support of the ESA and estimates costs to remedy deficiencies.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

• 6 years of relevant experience
• Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS
• Experience anticipating risks and designing solutions to mitigate them
• Able to work with people with having a different functional expertise respectfully and cooperatively while working toward a common goal
• Experience managing supplier or vendor relationships, including: managing needs and expectations, evaluating and tracking performance metrics, and making decisions related to suppliers or vendors
• Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
• Learning and Training including conducting, developing, and evaluating training, instructional design, and learning management systems
• Performance Measurement including evaluating programs, evaluating vendors, and defining and measuring KPIs
• Experience gathering accurate information to explain concepts and answer critical questions
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Risk assessment and management including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating risk
• Skilled in Excel

Desired Experience

• Bachelor's degree or equivalent in Architecture, Engineering, Construction Management, Environmental Science, Geology, or related field 
• Experience with PCAs or related services
• Must demonstrate a general understanding of Property systems including site work, structural and building envelope
• Engineer or architect experienced in commercial real estate/multifamily construction
• Familiar with industry-standard Mortgage Bankers Association (MBA) physical condition rating scale
• Familiar with relevant commercial construction and environmental guidelines
• Holds relevant commercial construction certifications
• Excellent verbal and written communication skills

Additional Information

Multifamily Risk - Risk Management - Advisor/ REF13222P

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is a flexible hybrid company. We embrace flexibility