Multifamily Asset Management Professional - Surveillance

Employer
Freddie Mac
Location
McLean, VA
Salary
Competitive
Posted
Oct 18, 2019
Closes
Nov 02, 2019
Ref
12621BR
Function
Other
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 an Asset Management Professional to our headquarters office in McLean, VA.

This position will serve as a key member of the Multifamily Asset Management Surveillance/Guarantor & Investor Relations team with primary responsibilities focusing on evaluation of performance of the securitized multifamily portfolio. The successful candidate will evaluate credit quality and monitor the performance of commercial real estate assets to highlight potential risk to investors , while ensuring compliance with government regulations and/or company policy. In addition, they will monitor portfolio performance through review of Watch List, and delinquency reports.

Your work will generally fall in the following categories:

Loan/Property Surveillance
  • Perform data analysis on global portfolio to identify risk including review of servicer watchlist
  • Assess loan-level risk through analysis of operating statements, rent rolls and servicer property inspections
  • Monitor portfolio performance through review of delinquency, maturing loan reports and other data sources
  • Perform property site visits/market tours; Assist in generating reports related to portfolio performance

Internal Reporting
  • Review monthly trustee statements ensuring guarantor payments are correct, and subordination levels are adequate
  • Track guarantor payments and ensure timely reimbursement
  • Various internal ad hoc reporting

Customer Service
  • Develop and maintain relationships with external parties including servicers and investors
  • Participate in monthly conference calls regarding property/loan status and performance


Qualifications

Qualifications
  • Typically has 3-5 years of experience, with finance, commercial real estate, and /or apartment operations focus
  • Bachelor's degree in finance, Business Administration, Quantitative Analysis or related discipline or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired
  • Strong expertise in MS Excel with ability to create macros, tables, charts, etc.
  • Intermediate expertise with regards to MS Power Point and MS Word
  • Excellent verbal and written communication skills. Ability to communicate effectively with team members, stakeholders, and management.

Keys to Success in this Role:
  • Strong work ethic
  • Self-starter with ability to work independently
  • Positively accept feedback for self-development/improvement
  • Team player who can build and maintain relationships with both internal and external stakeholders
  • Ability to manage multiple efforts simultaneously
  • Strong Excel experience with macros, tables, charts, and other functions

Top 3 Personal Competencies to Possess:
  • Drive for Execution: Be accountable for strong individual and team performance
  • Partnership: Build trust and strong partnerships through my own and my team's actions
  • Customer Focus (Internal and External): Personally, engage with customers to learn their needs


Preferred Skills

Preferred Skills

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.