Tax Attorney

Employer
Fannie Mae
Location
Washington, DC
Posted
Apr 20, 2017
Closes
Apr 21, 2017
Industry
Law
Hours
Full Time
Description: THE COMPANY Are you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae. For more information about Fannie Mae, visit http\://www.fanniemae.com/progress JOB INFORMATION Operate with considerable latitude in consulting, advising, and representing the company on a variety of highly complex legal matters and projects related to Federal tax law. Provide tax legal advice, assist in tax litigation matters, and provide advice in connection with IRS controversy matters. Ensure that legal documents regarding board meetings and motions, mergers or acquisitions, contracts, or other corporate actions are prepared properly. Confer with executives regarding corporate initiatives, product development, or regulatory concerns to assess legal risks to the company and plan actions to control or minimize those risks. May act as a subject area/technical expert, or key advisor on significant business or product decisions with or without management responsibilities. Will work with the Corporate Tax Group in Finance. May directly manage in-house counsel, paralegals and legal support staff. KEY JOB FUNCTIONS May plan, guide, and/or oversee the performance of in-house counsel, team members, and/or legal support staff. Provide legal advice and service by combining skill in corporate law with sound business acumen and knowledge of business goals and objectives of the company or assigned business units. Engage with assigned business units to meet goals. Pursue details and achieve closure on various matters. Provide excellent client service. 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 allowable corporate behavior and governance, and legal and regulatory compliance. Supervise and actively direct outside counsel. Work closely with business clients and outside counsel to ensure adherence to important corporate and regulatory policies. Draft templates. Write documents. May draft comment letters. Review and monitor legislation, regulations, rulings, and court decisions including understanding the relevant effects and recommending and implementing responsive actions to manage existing positions and capture new opportunities. Prepare and manage a due diligence budget. Coordinate with internal departments to ensure proper tracking and accounting of legal due diligence expenses. Qualification: EDUCATION Juris Doctorate Degree or equivalent required MINIMUM EXPERIENCE 8+ years of related experience SPECIALIZED KNOWLEDGE & SKILLS Legal experience in a broad range of federal tax issues affecting large financial institutions. Background in the taxation of financial products, debt instruments and securitization transactions is preferred. Previous experience managing outside counsel to ensure high quality, timely delivery of their tax services. Ability to exercise independent initiative, including the ability to review a situation, identify issues or opportunities, and pursue an expeditious, balanced resolution. Excellent oral and written communication skills. Excellent advocacy, negotiation, and organizational skills. Ability to exercise good judgment after thoroughly considering all relevant facts and balancing differing objectives. Ability to work well with clients and peers in a dynamic and fast-paced environment. EMPLOYMENT As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business. Fannie Mae is an Equal Opportunity Employer.