Multifamily Credit Underwriting and Operations

Job Description

In this position, you will be accountable for assessing and identifying potential risks that may lead to operational, reputational, financial and credit risks, as well as communicate and collaborate with key stakeholders across Multifamily and the Multifamily Enterprise Risk Management team. This position will serve as a key member of the Multifamily Credit Underwriting team with primary responsibly for governance activities associated with the pre-acquisition process for multifamily loans.

THE IMPACT YOU WILL MAKE

The Multifamily Credit Underwriting and Operations - Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

Approximately 50% of responsibilities will be focused on governance activities:

• Responsible maintaining governance activities by creating and maintaining procedures and internal credit guidance of the Multifamily Credit Underwriting business.
• Build out oversight framework to enhance ability to address and mitigate challenges of the Multifamily Credit Underwriting business by updates to underwriting requirements and standards published in the Multifamily Selling and Servicing Guide.
• Manage Internal Audits and remediation of issues identified.
• Lead collaboration efforts across teams to identify and evaluate the risks of pre-acquisition of new transactions, business activities and programs for Multifamily Credit Underwriting business.
• Serve as subject matter expert to internal stakeholders as it relates to Multifamily Credit Underwriting business activities and trends.
• Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.

Approximately 50% of responsibilities will be focused on transaction review:

• Advise on potential risks and costs involved with providing services to a customer.
• Analyze the risks and costs of a lending decision and make recommendations on process improvement related to decision process.
• Advise on process related to issuance of the securities or other financial loans to the customer.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

• 6 years related experience
• Multifamily and GSE loan structuring experience
• Familiarity with the Multifamily Selling and Servicing Guide
• Prior experience performing financial and trend analysis and reporting findings
• Prior experience with credit risk, loan quality analysis, or risk assessment and risk management
• Prior regulatory, compliance or governance experience
• Loan Management including evaluating loan requests, classifying loans, identifying fraud, originating loans, etc.
• Adept at managing project plans, resources, and people to ensure successful project completion
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
• Strong communication skills, both written and verbal
• Advanced Excel and PowerPoint skills

Desired Experience

• 12 years related experience
• Bachelor degree or equivalent; Master degree preferred