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Multifamily Underwriting Senior – Small Balance Loans, New York

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Corporate Real Estate
Location
New York
 NY
Postal Code
10168
Country
United States

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Description


Do you want to fast track your career? Are you able to operate and thrive in team settings? We are looking for an analytical Rockstar to join our small but highly talented Freddie Mac Multifamily Underwriting team. As a Multifamily Underwriting Senior, you will be responsible for execution of our Small Balance Loan (SBL) program this includes evaluating the overall story, make decisions on the credit risk profile, all while creating meaning work that will benefit the housing community. We're looking for someone whip-smart, a fast learner, very comfortable with numbers and can hustle. If so, then join our SBL team in New York and apply today!

Your work falls into three primary categories:

Engagement
  • Solid understanding of analyzing, mitigating, and clearly defining credit risk
  • Creative, good at problem solving and a strong communicator
  • Self-motivated with an ability to prioritize, take initiative, and operate proactively
  • Must be highly organized with a strong ability to multi-task
  • Build relationships with external customers to enhance underwriting execution and attract future business
Structure and Development
  • Proven ability to learn fast in diverse business environments
  • Competent at project management and juggling multiple, fast paced deliverables
  • Very comfortable with numbers and analytics
  • Help teach and mentor junior Underwriting staff
  • Provide mentorship and guidance to Associate SBL Underwriters
  • Develop resolutions to problems of limited scope following specific and detailed procedures to help drive efficiency
  • Quickly grow within the role to gain loan approval authority
  • Keep updated on policies and regulations that may affect the industry and be comfortable with transition and change
Customer Communication
  • Excellent interpersonal skills that encourage team cooperation, promote enthusiasm, and both demonstrate and motivate strategic thinking
  • Highly professional demeanor and interpersonal skills

Qualifications
  • Typically has a minimum of 5+ years of directly related experience
  • BA/BS degree or equivalent work experience in the real estate industry; advance degree preferred
  • Knowledge of real estate property fundamentals and real estate lending/underwriting
  • Proficiency with Microsoft Excel and Word
  • Ability to work independently and travel domestically
  • Experience underwriting a high volume of multifamily loans
Keys to Success in this Role
  • Multi-task/prioritize
  • Relationship builder inside and outside of SBL
  • Harness the power of data to formulate and inform communications
  • Keep calm under pressure
  • Stay current on policies and regulations that may affect the industry and be comfortable with transition and change
Top 3 Personal Competencies to Possess
  • Teamwork - The ability to inspire others to do their best
  • Drive for Execution - Follow through
  • Precise - possess drive to be accurate and complete

Preferred Skills

Additional Information


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.

Job Function


Not specified

 

Job Sector


  • Alternative Investments
 

Experience


N/A


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