Senior Counsel

Employer
Freddie Mac
Location
McLean, Virginia
Salary
Competitive
Posted
Jul 22, 2021
Closes
Aug 21, 2021
Ref
JR3202
Hours
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:
The Multifamily Real Estate Department of the Legal Division of Freddie Mac (Legal MFRE) is seeking an attorney to join its legal staff as Senior Counsel in the Targeted Affordable Housing (TAH) practice group. The attorney will provide legal advice and counsel on a wide range of transactions and other matters related to the Multifamily Division's TAH business. We are seeking an attorney with a commercial real estate, affordable housing / public finance, or Agency lending background to work in a vibrant, collaborative, and mission-based environment. Apply now and learn about our benefits and why there's #MoreAtFreddieMac!

**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:
Legal MFRE is essential to the Multifamily Division's success in carrying out its mission to provide liquidity, stability, and affordability for the nation's rental housing market. We support this important mission through a broad range of legal work, including loan production, underwriting, and related activities; structured transactions; securitization due diligence; and asset management matters.
Your Impact:
  • Transactions: Serve as legal counsel, independently and/or assisting or collaborating with other attorneys, for Freddie Mac's purchase and/or servicing of multifamily loans. This may include negotiating contracts/commitments and loan documents; reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters; and/or due diligence of real estate matters regarding structured transactions or securitization.
  • Initiatives/Policy/Lender Matters: Legal support for non-transactional matters, including: initiatives, product improvements and development; loan documents and forms, Guide updates and credit policy; costing and pricing matters; lender approvals and other counterparty matters; and multifamily research, marketing, and communications.
  • Communication and Collaboration: Collaborating with peers to ensure consistency of legal advice and negotiating positions.
  • Crafting and maintaining effective relationships with business clients, with lenders from whom Freddie Mac buys multifamily mortgages and who service those mortgages, and with lawyers for those lenders.
  • Drafting well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.


Qualifications:
  • Juris Doctor (JD) degree
  • Membership in good standing in a state Bar
  • At least 3-7 years of legal experience in commercial and/or multifamily real estate finance transactions with a law firm or corporate law department, including negotiating and closing real estate finance transactions
  • Strong legal analytical and writing skills
  • Knowledge of customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactions
  • Familiarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution
  • Preferred experience with affordable housing finance, including tax-exempt finance
  • Preferred experience with the Agency/secondary multifamily mortgage market


Keys to Success in this Role:
  • Outstanding oral and written communications skills
  • Work comfortably and routinely as a team member and collaborate across organizational boundaries
  • Coordinate and prioritize multiple pending time-sensitive matters
  • Build and maintain strong collaborative relationships with colleagues, clients, and customers


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 www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

Job Category:Legal

FLSA Status:Exempt

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