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Multifamily Asset Management Associate (Hybrid - 3 Days in Office)

AT Freddie Mac
Freddie Mac

Multifamily Asset Management Associate (Hybrid - 3 Days in Office)

McLean, VA

At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview

Do you have a passion for commercial real estate? Do you have experience analyzing operating statements, seeking out trends and detecting risks? The Surveillance team within the Asset Management and Operations Department of Multifamily is looking for a smart, self-motivated and analytical team player who can evaluate real estate, detect financial and physical risks and provide meaningful analysis to diverse stakeholders. Apply now and learn why there's #MoreAtFreddieMac!

Our Impact:

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The Surveillance Team within the Asset Management and Operations Department of Multifamily is responsible for detecting and managing credit, regulatory, and reputational risk to Freddie Mac that comes from loans or bonds in Freddie Mac Multifamily's investment, transitional, or specially serviced portfolio. Our team works closely with multiple groups within Freddie Mac Multifamily, our Optigo customer network, and the US Multifamily industry in general. Through our monitoring of credit quality and performance of our multifamily portfolio, we provide the greatest recovery to investors and superior service to Borrower while ensuring compliance with government regulations and/or company policy.

Your Impact:

  • Assessing loan-level risk through analysis of operating statements and evaluation of property, market, borrower, and property management
  • Reviewing servicer and third-party property inspections for quality control and risk determination; inspect properties throughout US to determine market position, physical condition, management quality. Some travel maybe required
  • Preparing Monthly CREFC IRP reports for Master Serviced loans and other reports for balance sheet products
  • Monitoring portfolio performance through review of Watch List, delinquency reports
  • Performing data analysis on global portfolio to provide intelligence to internal customers and senior management regarding performance of multifamily assets
  • Participating in initiatives to streamline business processes and further strengthen portfolio monitoring
  • Performing special projects as assigned

Qualifications

  • Typically has 1-3 years of experience, with finance, commercial real estate, and /or apartment operations focus
  • Bachelor's degree in finance, Business Administration, Quantitative Analysis or related discipline or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired
  • Strong expertise in MS Excel with ability to create macros, tables, charts, etc.
  • Intermediate expertise with regards to MS Power Point and MS Word
  • Excellent verbal and written communication skills. Ability to communicate effectively with team members, stakeholders, and management.
  • Ability to prioritize and be self-directed
  • Strong organizational skills and even stronger work ethic

Keys to Success in this Role:

  • Providing superior customer service while managing a large volume of requests
  • Basic knowledge of multifamily property inspections and operations
  • Self-starter with ability to work independently
  • Positively accept feedback for self-development/improvement
  • Team player who can build and maintain relationships with both internal and external stakeholders
  • Knowledge of Multifamily Real Estate
  • Strong Excel experience with macros, tables, charts, and other functions

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Non-Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $72,000 - $108,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

Client-provided location(s): McLean, VA, USA
Job ID: Freddie_Mac-JR13930
Employment Type: Full Time