Full-Time

Senior Asset Manager

Multifamily

Confirmed live in the last 24 hours

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

Senior

Washington, DC, USA + 1 more

More locations: Remote in USA

Open to remote work.

Category
Asset Management
Finance & Banking
Requirements
  • 2 years of relevant experience
  • Bachelor's degree or equivalent
  • Adept at managing project plans, resources and workflow to ensure successful transaction and project completion
  • Relationship Management skills including managing expectations and engaging internal and external stakeholders, customers, building relationship networks
  • Must be able to work with individuals having a different functional expertise respectfully and cooperatively while working toward a common goal
  • Influencing skills including negotiating, persuading others, facilitating meetings, building consensus and avoiding conflict
  • Experience gathering accurate information to explain concepts and answer critical questions
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Compliance assessment and management skills including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating risk
  • Skilled in Microsoft Office products including Word and Excel
Responsibilities
  • Provides analysis and opines on Borrower Requests and Consents
  • Assist in coordination and implementation efforts to support and monitor a portfolio's vision and achievement of strategic objectives
  • Participate in team review of portfolio progress and reporting processes through various enterprise systems and reporting portfolio performance to key stakeholders
  • Evaluate and manage risk of current assets while complying with governance and controls. Routinely review governance and controls and make recommendations to update them as necessary

Fannie Mae operates in the U.S. housing finance market, focusing on making housing more affordable for homeowners, homebuyers, and renters. The company achieves this by purchasing mortgages from lenders, which provides these lenders with the cash flow needed to offer more loans. Fannie Mae's business model includes holding some of these mortgages in its portfolio and packaging others into mortgage-backed securities (MBS) that are sold to investors. This process helps spread risk and ensures a steady flow of capital into the housing market, promoting homeownership and rental opportunities. Fannie Mae generates revenue through fees for guaranteeing MBS payments and from interest on its mortgage portfolio. The company is committed to community service and workplace diversity, earning recognition for its inclusive practices and positive work environment.

Company Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Fannie Mae's strategic initiatives, such as the MH Advantage program, offer new affordable housing options, potentially expanding their market reach.
  • The company's robust issuance program, like the $659 million Connecticut Avenue Securities deal, demonstrates its strong position in the credit risk-sharing market.
  • Recognition for corporate responsibility and impact, as highlighted in their 2023 CRI Report, enhances Fannie Mae's reputation and stakeholder trust.

What critics are saying

  • The ongoing affordability constraints in the housing market could limit the number of buyers, impacting Fannie Mae's business volume.
  • Economic uncertainties, such as potential GDP growth downgrades and inflation volatility, could affect the housing market and Fannie Mae's financial performance.

What makes Fannie Mae unique

  • Fannie Mae's role as a government-sponsored enterprise uniquely positions it to provide liquidity and stability in the U.S. housing market, unlike private sector competitors.
  • Their ability to package purchased mortgages into mortgage-backed securities (MBS) and sell them to investors spreads risk and ensures a steady flow of capital back into the housing market.
  • Fannie Mae's commitment to community service, diversity, and inclusion, as evidenced by numerous accolades, sets it apart in the financial services sector.

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