Full-Time

Multifamily Commercial Real Estate Risk Management Senior Associate

Flexible Hybrid

Posted on 11/26/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Financial Services
Real Estate

Junior, Mid, Senior

Washington, DC, USA

Flexible hybrid work model.

Category
Real Estate
Real Estate Finance
Required Skills
Visio
Requirements
  • 2 years of relevant experience
  • 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
  • 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
  • Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas
  • Skilled in Excel
  • Skilled in Visio
  • Bachelor's degree or equivalent
  • Multifamily experience
Responsibilities
  • Determine business areas that pose potential risks to the enterprise.
  • Evaluate the impact of proposed risks to the enterprise.
  • Monitor and report on information and processes to reduce risk using rigorous analysis.
  • Document and report on resolutions and control guidelines.
  • Partner with the team to review business strategies, and make decisions that will drive success in the face of shifting consumer behaviors and regulations.

Fannie Mae operates in the U.S. housing finance system by purchasing mortgages from lenders, which helps provide them with the cash flow needed to offer more loans to consumers. The company buys mortgages from banks and financial institutions, holding some in its portfolio while packaging others into mortgage-backed securities (MBS) that are sold to investors. This process spreads risk and ensures a steady flow of capital back into the housing market, promoting homeownership and rental opportunities. Fannie Mae generates revenue through fees for guaranteeing payments on MBS and from interest on its mortgage portfolio. The company aims to facilitate access to affordable housing and is recognized for its commitment to diversity, inclusion, and community service.

Company Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

1938

Simplify Jobs

Simplify's Take

What believers are saying

  • Adoption of digital mortgage platforms enhances efficiency and customer satisfaction.
  • Green mortgages align with Fannie Mae's sustainable housing mission.
  • AI in risk assessment improves credit evaluation accuracy for underwriting.

What critics are saying

  • Rising interest rates may reduce demand for refinancing and new mortgages.
  • New DU software may face adoption and integration challenges.
  • Higher LTV ratios in appraisal alternatives could increase risk if property values decline.

What makes Fannie Mae unique

  • Fannie Mae's mission focuses on equitable access to affordable housing.
  • The company supports the 30-year fixed-rate mortgage, a staple in U.S. housing.
  • Fannie Mae's MBS offerings provide liquidity and stability to the housing market.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE