LIHTC Senior Asset Manager

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Job description

Company Description

At Fannie Mae, futures are made. The inspiring work we do makes an affordable home a reality and a difference in the lives of Americans. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will help lead our industry forward and make your career.

Job Description

THE IMPACT YOU WILL MAKE

The Senior Asset Manager will be responsible for the post-closing management activities of a LIHTC asset portfolio. This position acts largely as the relationship manager with syndicator partners in the development, construction and operation of LIHTC investments. Responsibilities include receipt and analysis of regular investment reporting by syndicator partners, performing risk assessments of investments, markets, and partners, and managing corrective strategy when showing early warning signs of performance issues.

• Demonstrated knowledge of the Multifamily market including; LIHTC Asset Management, real estate finance, transactions and structures, legal contracts, loan documents, property/collateral valuation, cap rates, credit.
• Relationship manager with Syndicator Partners in the development, construction and operation 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.
• Significant depth of understanding relative to business unit responsibilities and objectives. Resolve problems, source and develop information to negotiate position with management and external stakeholders to mitigate financial and credit risk.
• Ability to direct others in the process of navigating multiple systems, managing data and creating reports. Ensures data quality and integrity. Improve processes to monitor and communicate credit risk within the team and across the Multifamily organization.
• Lead, 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 Associate that complements business unit goals.
• Subject matter specialist within the business unit. Position includes some coaching and knowledge sharing with team members to facilitate business unit objectives.
  

Minimum Required Experiences

• 4+ years of related experience
  

Desired Experiences

• Bachelor degree or equivalent
  

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

• Knowledge of and experience with Multifamily real estate markets and property types specifically with a focus on Low Income Housing Tax Credit business
• Experience managing Multifamily LIHTC / Equity assets
• 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.
• Requires a self-motivated, team player who has strong work ethic, demonstrates attention to detail and 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.
• Written and Oral, customer relationship management skills
• Analytical skills
  

Additional Information

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at .