Senior Analyst

Department:

We are Walker & Dunlop.  We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Department Overview 

Walker & Dunlop’s Affordable Housing Group is recognized as a leader in the industry.  With multiple business lines including Debt, LIHTC Equity, Affordable Investment Sales, Preservation, Affordable Development and Capital Advisory services, this team of over 200 professionals has a wide array of expertise across the entire capital stack in affordable housing.  Our team is on a mission to improve our nation’s affordable housing stock and ensure people have access to stable, quality, and safe housing. We do that by providing services and capital for the development and preservation of all types of affordable housing across the United States. Our unique platform drives strong financial returns for clients and supports the development of thriving communities where people can afford to live where they work, shop, and play.

The Impact You Will Have  

As an Affordable Production Senior Analyst, you will play a critical role in the execution of affordable multifamily agency transactions nationwide. Partnering closely with Producers, you will lead financial modeling, underwriting analysis, and narrative development for Fannie Mae and Freddie Mac affordable loans. Your work will directly impact transaction quality, speed to market, and client experience. By delivering accurate underwriting, well-crafted agency packages, and proactive pipeline coordination, you will help drive successful closings while building deep expertise in affordable housing finance.

Primary Responsibilities 

• Lead financial modeling and loan sizing for affordable multifamily transactions using Fannie Mae (DUS) and Freddie Mac (Optigo) tools
• Prepare and review Agency Narrative Packages, including market write-ups, rent and sales comparables, maps, and property photos
• Spread and analyze rent rolls, historical operating statements, and budgets to support underwriting conclusions
• Pull and analyze expense comparables, CoStar reports, property tax bills, and other third-party data sources
• Upload quote packages and loan options through DUS Gateway and Freddie Mac OUS systems
• Manage and maintain accurate pipeline tracking and reporting within Salesforce for new and active transactions
• Monitor deals throughout underwriting and support communication between production, underwriting, and closing teams
• Participate in kick-off meetings and weekly production meetings to ensure alignment and execution efficiency
• Interface directly with clients, mortgage brokers, lenders, and third-party vendors to facilitate information flow and resolve issues
• Travel periodically for property inspections and client meetings
• Contribute to continuous improvement of underwriting processes and production best practices
• Perform other duties as assigned
• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

Education and Experience 

• Bachelor’s degree required (Finance, Real Estate, Business, or related field preferred)
• 3+ years of financial analysis or underwriting experience in commercial real estate, affordable housing, or agency lending
• Experience with multifamily agency underwriting strongly preferred; affordable housing finance experience highly desirable

Knowledge, Skills, and Abilities 

• Strong financial modeling and underwriting skills, with attention to detail and accuracy
• Solid understanding of affordable housing programs, income restrictions, and agency execution
• Ability to manage multiple transactions in a deadline-driven environment
• Strong written and verbal communication skills
• High level of organization and ownership over work product

• Ability to show ownership of your work, embrace challenges and growth opportunities, and demonstrate patience when learning new processes 
• Demonstrates courtesy, respect, and thoughtfulness when teaming with colleagues and collaborating with stakeholders

This position has an estimated base salary of $80,000-$90,000 plus discretionary production incentives. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data. 

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What We Offer  

• The opportunity to join one of Fortune Magazine’s Great Places to Work winners

• Comprehensive benefit options* that have earned Walker & Dunlop the gold level of the 2025 Cigna Healthy Workforce Designation™, some of which include:
    - Up to 83% subsidized medical payroll deductions
    - Competitive dental and vision benefits
    - 401(k) + match
    - Pre-tax transit and commuting benefits
    - A robust health and wellness program – earn cash rewards and gain access to resources that
      promote health, engagement, and balance
    - Paid maternity and parental leave, as well as other family paid leave programs
    - Company-paid life, short and long-term disability insurance
    - Health Savings Account and Healthcare and Dependent Care Flexible Spending 

• Career development opportunities 

• Empowerment and encouragement to give back – volunteer hours and donation matching 

 
*Eligibility may vary based on average number of hours worked 

Equal Employment Opportunity Statement

We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.

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Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.

Fair Chance Hiring

Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.