Multifamily REO Credit Risk Analyst II
Fannie Mae - Washington, DC

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THE COMPANY

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration's Homeowner Affordability and Stability Plan.

Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation's housing recovery.

For more information about Fannie Mae and our career opportunities, visit www.fanniemae.com.

JOB INFORMATION

Provide loss mitigation consultation to servicers or lenders to reduce potential losses or foreclosure on delinquent loans. Prepare accurate, current, and accessible reports. Perform special projects requested by management.

KEY JOB FUNCTIONS

Conduct servicer training and development. Create, update, and facilitate loan level webinars.

Respond to servicer or lender inquiries. Promote the firm's products and services.

Collect and analyze data regarding servicer or lender performance.

Audit and update guides.

Review processes and procedures. Maintain and/or update current policies and procedures.

Ensure that properties are preserved and protected. Review repair bids and provide approval or denial. Conduct property inspections. Verify accuracy of claims proceeds.

May collaborate with servicers or lenders to develop workout efficiency goals designed to improve loss mitigation production. May approve workout requests (e.g., DIL, modifications, presales, chargeoffs).

May determine servicer or lender strengths and weaknesses in loss mitigation to include measurement of process efficiencies and management of default timelines.

May support the technology group by testing system enhancements prior to release.

May perform moderately complex projects or participate as a team member on more complex projects.
EDUCATION

Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

2 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

Excellent financial, credit and analytical skills

Demonstrated knowledge of multifamily sales, property valuation, mortgage financing, property management, insurance, default resolution and foreclosures preferred

Multifamily underwriting or asset management experience

Experience with Fannie Mae's Delegated Underwriting and Servicing (DUS) program is a plus

Advanced computer skills including Microsoft Office (Access, Word, Excel, and Power Point)

Proven negotiation and influencing skills

Audit, compliance or accounting background

Effective communication (verbal and written), interpersonal and presentation skills

Ability to analyze trends and compare current/prior situations to create new solutions

EMPLOYMENT

As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.

Fannie Mae is an Equal Opportunity Employer.

Fannie Mae - 19 months ago - save job - block
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