Multifamily LIHTC Advisor

Job Description

As a valued contributor to our team, you will advise the team on methods and processes for overseeing customer network development and customer support activities, as well as supporting customer engagement opportunities. Additionally, you will be responsible for planning, managing, or coordinating operational activities for the team with the help of executives and staff managers.

THE IMPACT YOU WILL MAKE

The Multifamily LIHTC Advisor (Flexible Hybrid) 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:

• Own and manage the relationship with syndicator partners in the development, construction and operation phases of LIHTC investments.
• Analyze Multifamily portfolio data, counterparties, markets, legal agreements/terms, financial statements, and cash flows. Identify trends and draw reasonable conclusions from examination of data and other sources of information.
• Resolve problems. Source and analyze information to develop recommendations. Present position to management and external stakeholders to mitigate financial and credit risk in a clear, concise and compelling manner.
• Ensure data quality and integrity.  Assist in the automation of asset management data.
• Improve processes to monitor and communicate credit risk within the team and across the Multifamily organization.
• Lead and support the development of action plans for non-routine project-based work including regulatory and internal audit activities.
• Maintain Fannie Mae training schedule. Actively focus upon personal development aligned with Fannie Mae leadership criteria for Advisor that complements business unit goals.
• Assist with ad hoc assignments as needed.
• Provide support for operational activities.
• Provide subject matter expertise, best practices, and recommendations to the team.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 6 years related experience

Skills

• Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
• Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
• Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software
• Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
• Experience helping an organization to plan and manage change in effort to meet strategic objectives
• Influencing including negotiating, persuading others and resolving conflict if needed
• Experience gathering accurate information to explain concepts and answer critical questions
• Operational Excellence including improving and overseeing operations
• Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.

Tools

• Skilled in Excel
   

Desired Experiences

• Bachelor’s degree in Finance, Economics, Accounting or related field preferred or equivalent is preferred
• Multifamily acquisition and disposition experience is a plus
• Ability to travel occasionally

Skills

• Knowledge of the Multifamily market including LIHTC Asset Management, affordable housing finance, real estate finance, transactions and structures, legal contracts (partnership agreements), loan documents, third-party reports (audits, appraisals, needs assessments), cap rates, and credit analysis
• Knowledge of and experience with commercial multifamily real estate markets and property types specifically with a focus on the Low Income Housing Tax Credit business
• Experience managing Multifamily LIHTC / Equity assets
• Excellent written and verbal communication skills. Experience communicating complex ideas and processes to colleagues and stakeholders
• Strong interpersonal and influencing skills, ability to deal with multiple business units within the Multifamily organization, strong customer relationship management skills
• Self-motivated team player who has strong work ethic and demonstrates attention to detail
• Ability to prioritize in a fast-moving environment with excellent management and business literacy skills
• Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes
• Sound analytical skills

Tools

• Experience with equity or debt portfolio management software/systems (e.g. MRI, Salesforce, Yardi,
• Ability to navigate multiple systems, manage data and create reports
• Skilled in Microsoft Office suite of products, particularly Word and PowerPoint