Multifamily REO Asset Manager (Hybrid)

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 colleague on our team, you will provide expert advice on, and guide team members in, managing the administration, strategic planning, and operations of an assigned portfolio. In this role, you will monitor the end-to-end execution of business processes using enterprise systems, as well as provide continuous feedback for effective tracking and reporting.

THE IMPACT YOU WILL MAKE
The MF Risk - Asset Management - Lead Associate 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:

• Manage an assigned portfolio of Multifamily REO Assets, maximizing property operations and sales
• Support a portfolio's vision and strategic objectives.
• Work with REO Analysts  to enact changes, along with reporting portfolio performance to key stakeholders.
• Evaluate risk of current assets, while complying with governance and controls.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 4 years

Desired Experiences

• Bachelor degree or equivalent
• Previous work in Commercial Real Estate Acquisitions, Underwriting, or Asset Management, with an emphasis on multifamily properties
• Fully knowledgeable with Hold vs. Sell financial analysis.
• Experience with property operating budget analysis, including Capital Expenditure tracking.
• Previous experience engaging property management companies, sale brokers, and other third-party companies

Skills

• Experience gathering accurate information to explain concepts and answer critical questions.
• Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance.
• Working with people with different functional expertise respectfully and cooperatively to work toward a common goal.
• Relationship Management skills including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand.
• Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict.
• Adept at managing project plans, resources, and people to ensure successful project completion.
• Skilled in Excel and other Microsoft office tools including PowerPoint, and Word.

Additional Information

Reference ID# REF12611O

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

Fannie Mae is primarily a hybrid company.  We embrace flexibility for our employees while providing office space for in-person work and collaboration.  This role is classified as open to remote. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee’s physical, mental, emotional, and financial well-being. See more here.