Multifamily Risk Distribution and Credit - Underwriting Analyst

Freddie Mac
McLean, Virginia
Apr 09, 2021
Apr 16, 2021
Full Time
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

If you are an enthusiastic, self-motivated professional with a passion for commercial real estate, Freddie Mac Risk Distribution and Credit is the employer for you. The country's largest multifamily lender is seeking a highly motivated individual to join its fast paced team in focusing on the information quality and credit assessment of loans originated for Freddie Mac's Multifamily securitization platform. The hired candidate will evaluate loans for credit risk through the review of I&E/cash flow and rent roll analysis, third party reports, loan structure, borrower credit worthiness, market analysis, asset quality, and final loan documents. Loan production is nationwide and spans multiple multifamily sub-types including student, seniors, and affordable housing. If you are interested in being intellectually challenged, helping create and preserve housing, and are a team player, come join a dynamic and exciting team.

**This position can be performed currently from a remote location in the U.S. but will require presence in a Freddie Mac office in the future.***

Our Impact:

Our team is responsible for supporting and driving the effective transfer of our multifamily credit risk through the flagship K-deal program and other risk transfer models. We are responsible for explaining our approach to credit and defending individual credit decisions. Transferring our credit risk is an integral part of our mission to support the liquidity, stability and affordability of the Multifamily Market.

Your Impact:

In this role, you will support our credit risk transfer through the following:

  • Participate in the credit and underwriting analysis process and create Asset Summary Reports
  • Create and maintain credit reporting documents and trend analysis databases
  • Provide analytical and market research support
  • Works efficiently in Microsoft Office, proprietary data systems and on-line data sources
  • Applies job knowledge, company policies and principles and critical thinking to complete assigned tasks accurately, completely, independently and in a timely manner

    Due Diligence
  • Support the securitization due diligence process; assist with addressing rating agency and investor questions.

  • Collaborate with Capital Markets, Underwriting, Production, Asset Management, and Legal to validate and update pertinent loan information.
  • Share credit reporting documents and trend analysis with Senior Management and across the Multifamily Division

  • 0 to 2 years of experience
  • Bachelor's Degree in Real Estate, Finance, Economics, or related field
  • Demonstrated proficiency in Microsoft Office (Excel, Word, PowerPoint, Access)
  • Excellent written and verbal communication skills
  • Prior experience with CMBS, GSE multifamily lending, rating agencies, or asset management is a plus

    Keys to Success in this Role:
  • Curiosity and interest in Multifamily or Commercial Real Estate
  • Ability to work efficiently under tight timelines and prioritize multiple assignments
  • Strong quantitative, analytical, interpersonal, and organizational skills

Current Freddie Mac employees please apply through the internal career site.

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.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit and register with our referral code: MAC.

Time-type:Full time

Job Category:Underwriting

FLSA Status:Non-Exempt

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