Skip to main contentA logo with &quat;the muse&quat; in dark blue text.
Fannie Mae

Multifamily Underwriting - Director (Open to Remote)

Washington, DC
  • Target Hiring Range (1): 149000
  • Target Hiring Range (2): 201000
  • Worker Classification: Open to Remote

  • Company Description

    At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. 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 grow your career and help create access to fair, affordable housing finance.

    Job Description

    In this compelling leadership position, you will lead efforts on managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments. In this role, you will lead underwriting and reviewing the issuance of securities to customers, and ensure compliance with internal and external regulations, policies, processes, procedures, and standards.

    Want more jobs like this?

    Get Writing and Editing jobs in Washington, DC delivered to your inbox every week.

    By signing up, you agree to our Terms of Service & Privacy Policy.


    THE IMPACT YOU WILL MAKE

    The Multifamily Underwriting - Director 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:

    • Lead team responsible for regulatory, compliance and governance activities of the Multifamily Credit Underwriting business.
    • Build out oversight framework to enhance ability to address and mitigate challenges of the Multifamily Credit Underwriting business.
    • Collaborate with executive leaders, your team, and other key stakeholders to establish annual oversight plan.
    • Lead collaboration efforts across teams to identify and evaluate the risks of pre-acquisition of new transactions, business activities and programs for Multifamily Credit Underwriting business.
    • Serve as subject matter expert to internal stakeholders as it relates to Multifamily Credit Underwriting business activities and trends.
    • Provide strategic direction for operational activities relating to our regulatory requirements and company goals relating to the multifamily business.
    • Provide strategic insight, subject matter expertise, best practices, and recommendations for teams across the organization as it relates to the Fannie Mae Multifamily business.
    • Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.
    • Partner with Multifamily Enterprise Risk Management and other stakeholders to carry out business strategies that will drive success and ensure safety and soundness in the face of shifting market conditions and regulations.
    • Establish relationships and communication with the Federal Housing Finance Agency, the regulator of Fannie Mae.

    Qualifications

    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experience

    • 8 years related experience
    • Multifamily and GSE loan structuring experience
    • Demonstrated experience leading a team
    • Prior experience performing financial and trend analysis and reporting findings
    • Prior experience with credit risk, loan quality analysis, or risk assessment and risk management
    • Prior regulatory, compliance and governance experience
    • Strong communication skills, both written and verbal
    • Advanced Excel and PowerPoint skills

    Desired Experience

    • 12 years related experience
    • Bachelor degree or equivalent; Master degree preferred

    Additional Information

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

    Fannie Mae is primarily a hybrid company. We embrace flexibility for our employees while providing office space for in-person work and collaboration. This role is classified as open to remote. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.

    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 [email protected].

    The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

    Client-provided location(s): Washington, DC, USA
    Job ID: Fannie-743999997888447
    Employment Type: Full Time

    Perks and Benefits

    • Health and Wellness

      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • FSA
      • On-Site Gym
      • Life Insurance
      • Short-Term Disability
      • Long-Term Disability
      • HSA With Employer Contribution
      • Fitness Subsidies
      • Mental Health Benefits
    • Parental Benefits

      • Birth Parent or Maternity Leave
      • Adoption Assistance Program
      • Adoption Leave
      • Non-Birth Parent or Paternity Leave
      • Fertility Benefits
      • Family Support Resources
    • Work Flexibility

      • Flexible Work Hours
      • Hybrid Work Opportunities
      • Remote Work Opportunities
    • Office Life and Perks

      • Commuter Benefits Program
      • Casual Dress
      • Happy Hours
      • On-Site Cafeteria
      • Holiday Events
    • Vacation and Time Off

      • Paid Vacation
      • Paid Holidays
      • Personal/Sick Days
      • Leave of Absence
      • Volunteer Time Off
      • Summer Fridays
    • Financial and Retirement

      • 401(K) With Company Matching
      • Financial Counseling
      • Relocation Assistance
    • Professional Development

      • Tuition Reimbursement
      • Promote From Within
      • Internship Program
      • Leadership Training Program
      • Associate or Rotational Training Program
      • Shadowing Opportunities
      • Access to Online Courses
      • Lunch and Learns