Credit Risk Analyst I - Multifamily Training Program
Fannie Mae - Dallas, TX

This job posting is no longer available on Fannie Mae. Find similar jobs: Credit Risk Analyst jobs - Fannie Mae jobs

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

Incumbent will enter a comprehensive Multifamily Credit Training Program that covers commercial loan underwriting for all Multifamily property types. The formal training will include all aspects of underwriting, including borrower financial and property operating due diligence, appraisal, environmental and engineering analysis and debt structures. Concurrent with the formal training program, the incumbent will perform transaction level reviews (TLRs) within the Integrated Credit Review (ICR) system on Multifamily loans. The TLR process includes reviewing and analyzing the underwriting, risk rating, and compliance with controls, summarizing TLR findings, making recommendations for corrective action, and assisting the Senior Manager in reporting results to internal and external parties and senior management on a timely basis. The incumbent will receive training in all aspects of commercial underwriting and credit analysis in order to apply that knowledge to individual TLRs, and to prepare for future roles across the Multifamily business. Applicants will be expected to learn and demonstrate full knowledge of Credit/ Loan Review policies and procedures, DUS Guidelines, Risk Rating process and guidelines, and the Multifamily Delegation of Authority. This role will regularly interface with senior credit/underwriting personnel within other departments, lenders and outside partners. Additionally, the incumbent will assist in special projects within Credit Review.

KEY JOB FUNCTIONS

Participate in classroom and on-the-job training to become proficient in all aspects of Multifamily' lending and the Loan Review process.

Will learn how to use multiple Fannie Mae applications and perform Transaction Level Reviews on Multifamily loans to verify credit quality, risk rating in compliance with Fannie Mae Multifamily standards and procedures.

Oral and written communication/ analytical skills to report the results of the TLR analysis to senior management, internal partners, and Multifamily customers/ lenders.

Participate in special projects within Enterprise Risk Management's Credit Review function, e.g., analyze individual deals including special assets and workouts, assist in property inspections, create spreadsheets and models in MS Excel, and organize data and reports.

Actively review and participate in corporate initiatives that impact Fannie Mae credit standards and guidelines. Ensure business unit alignment with updated corporate policies and standards.

Demonstrate leadership, collegiality, and develop change management skills to build collaborative relationships within the Enterprise Risk Management and Multifamily teams

EDUCATION

Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

1 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

BS/ Graduate level studies preferred in real estate and/or finance. Working knowledge of commercial real estate debt and equity markets. Understands GSE role in these markets.

Position is located in Dallas, Texas

Strong desire to learn commercial real estate "from the ground up" in a Fortune 100 Company.

Problem Solving. Uses rigorous logic and methods to solve difficult problems with effective solutions. Probes all fruitful sources for answers, sees or anticipates hidden problems, looks beyond the obvious and doesn't stop at first answers. Is skilled in rigorous analysis and critical thinking.

Strong oral/written communications skills. Ability to convey information in the appropriate style and setting both within written form and public speaking environments. Ability to communicate with all levels.

Strong computer skills. Highly proficient in MS Word, Excel, and PowerPoint; knowledge of database and web-based reporting platforms a plus.

Strong desire to learn commercial real estate "from the ground up" in a Fortune 100 Company.

EMPLOYMENT

As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a credit check for positions in some areas of our business.

Fannie Mae - 16 months ago - save job - block
About this company
121 reviews
We are looking for employees who are intent on helping us achieve something remarkable. Since 2009, we have made tremendous progress in...