Multifamily Underwriter - Principal

Job description

As a valued contributor to our team, you will consult with team members and management on managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments. THE IMPACT YOU WILL MAKE The Multifamily Underwriting - Principal 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: Review Lender loan underwriting packages and set the loan terms for Multifamily loans prior to their acquisition.

Calibrate with your team on underwriting Multifamily deals and reviewing the issuance of securities to customers. Gather and assess the strengths, risks, and mitigants of each loan to determine the supportable loan sizing parameters while maintaining credit risk standards and adhering to guidance limitations. Confer with management on potential risks and costs involved with providing services to a customer. Review and recommend changes to the review process to determine lending decisions.

Recommend changes to process related to issuance of securities or other financial loans to the customer. Serve in a team leadership role and use your skills to identify current, emerging, and potential risks within the execution. Work closely with the regional Senior Director to enhance the credit team’s execution of loan underwriting reviews. Help identify execution enhancements within the credit team and lead the implementation of changes by engaging with all relevant stakeholders.

Develop a subject matter expertise in multiple credit-related areas and lead special initiatives across the front-end of the business.