Multifamily Underwriting Senior Analyst

Employer
Freddie Mac
Location
Arlington, VA
Salary
Competitive
Posted
May 13, 2019
Closes
Jun 15, 2019
Ref
11787BR
Function
Administrative
Hours
Full Time
If you are a smart, motivated and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you. The nation's greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed-income with an annual platform exceeding $75 billion is looking to add Underwriting Analysts, Senior Analysts and Associates to its Southeastern Regional office.

From rehab and moderate-rehab to value-add, lease-up, construction take-out, pre-stabilized and stabilized, Freddie Mac Multifamily offers financing that spans the commercial real estate life-cycle and the spectrum of multifamily property types including Class-A mixed-use multi-tenant high-rises in our nation's downtown urban cores, suburban garden-style conventional assets, dedicated student housing properties and manufactured housing communities (MHCs).

The Underwriting Senior Analyst will be based in the company's Arlington, Virginia (Ballston Metro - Orange and Silver Lines) office location. Reporting to one of the Southeast Region's Underwriting Managers or Directors, the hired candidate will work on one of many deal teams and will be responsible for assisting the team's underwriters and senior underwriters in evaluating and documenting risks associated with proposed multifamily loans.

If you are an analytical team player who is interested in helping create, preserve and improve multifamily housing, please submit your application to join our exciting and dynamic organization.

Your work will largely be categorized two ways:

Analysis
  • Assist in the evaluation of sponsor counterparty credit risk and creditworthiness and overall property-level operational and economic performance for proposed multifamily loans.
  • Analyze balance sheets and property-level historical operating statements as well as third-party reports including real estate appraisals, engineering, environmental and zoning reports.
  • Audit and verify the accuracy of underwriting due diligence documentation.
  • Work with deal team to prepare investment briefs and asset summary reports (ASRs) for loan approval and Freddie Mac loan commitment.
  • Apply company principles and policies and use critical thought to complete assigned tasks accurately, completely and in a timely manner.

Communication
  • Collaborate and communicate daily with external and internal business partners including Production, Legal and Capital Markets to solve problems as they arise throughout the underwriting process and to achieve shared overall success.


Qualifications

  • Typically has 1 to 3 years of related professional experience, preferably in multifamily or commercial real estate finance.
  • Bachelor's Degree in Real Estate, Finance, Economics, Business Administration, or related discipline or comparable amount of directly relevant professional experience.
  • Demonstrated proficiency with Microsoft Excel and Word.
  • Strong written and verbal communication skills.
  • Position requires up to 10% travel.

Keys to Success
  • Strong interest in a commercial real estate career.
  • Strong work ethic.
  • Team player.
  • Positive attitude.
  • Thoughtfulness.
  • Trustworthiness.

Top 3 Competencies to Possess
  • Customer Focus - Engage with external and internal business partners to deliver as promised.
  • Partnership - Work effectively across teams to achieve company and customer objectives.
  • Drive for Execution - Focus on results rather than the appearance of results.


Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

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