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 be accountable for managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments. In this role, you will lead the ongoing management of and implement modifications to underwriting and reviewing the issuance of securities to customers. You will ensure compliance with internal and external regulations, policies, processes, procedures, and standards.
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THE IMPACT YOU WILL MAKE
The Senior Director - Multifamily Underwriting Fraud Prevention 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:
- Oversee the team responsible for determining the business areas that pose potential increased risk to the enterprise, and develop and establish processes to identify risks
- Lead team responsible for performing in-depth underwriting reviews to prevent the enterprise from acquiring loans with potential fraud, deficient property values or increased borrower exposure risk
- Oversee and review potential risks and costs involved with providing services to a customer and drive changes related to process improvement
- Review lending review process and determine, with the collaboration of executive leadership, if changes are needed
- Direct team efforts to update processes
- Develop and implement process on issuance of the securities or other financial loans to the customer
Qualifications
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experience
- 8 years of underwriting and management experience
Desired Experience
- Bachelor's degree or equivalent; Master's degree preferred
- Skilled in financial analysis
- Must be able to leverage ratios
- Experience with loan application evaluation
- Loan management skills
- Property analysis experience
- Risk assessment and management skills
- Risk mitigation experience
- Skilled in Excel
Additional Information
Multifamily Risk - Underwriting - Senior Director
The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.
Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, while business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.
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.