Job Information
FANNIE MAE Multifamily LIHTC Advisor (Open to Remote) in Plano, Texas
Job Description As a valued contributor to our LIHTC (Low Income Housing Tax Credit) Asset Management team, you will provide guidance on strategies and best practices for managing the assigned portfolio. Additionally, you will play a key role in planning, coordinating and overseeing operational activities on the Equity Asset Management team.
THE IMPACT YOU WILL MAKE
The Multifamily LIHTC Advisor 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:
Own and manage the relationship with syndicator partners in the development, construction and operation phases of LIHTC investments.
Analyze Multifamily portfolio data, counterparties, markets, legal agreements/terms, financial statements, and cash flows. Identify trends and draw reasonable conclusions from examination of data and other sources of information.
Resolve problems. Source and analyze information to develop recommendations. Present position to management and external stakeholders to mitigate financial and credit risk in a clear, concise and compelling manner.
Ensure data quality and integrity. Assist in the automation of asset management data.
Improve processes to monitor and communicate credit risk within the team and across the Multifamily organization.
Lead and support the development of action plans for non-routine project-based work including regulatory and internal audit activities.
Provide support for operational activities.
Provide subject matter expertise, best practices, and recommendations to the team.
Qualifications THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences
6 years related experience.
Knowledge of the Multifamily market including LIHTC Asset Management, affordable housing finance, real estate finance, transactions and structures, legal contracts (partnership agreements), loan documents, third-party reports (audits, appraisals, needs assessments), and cap rates.
Prior experience proactively assessing and addressing LIHTC credit risk.
Knowledge of and experience with commercial multifamily real estate markets and property types specifically with a focus on the Low Income Housing Tax Credit business.
Experience managing Multifamily LIHTC / Equity assets.
Excellent written and verbal communication skills. Experience communicating complex ideas and processes to colleagues and stakeholders.
Strong interpersonal and influencing skills, ability to effectively interact with multiple business units within the Multifamily organization, and strong customer relationship management skills.
Self-motivated team player who has strong work ethic and demonstrates attention to detail.
Ability to prioritize in a fast-moving environment with excellent management and business literacy skills.
Ability to work on multiple projects simultaneously. Able to manage time and resources to ensure work is completed efficiently and within established timeframes.
Sound analytical skills.
Skilled in Excel.
Desired Experiences
Bachelor’s degree in Finance, Economics, Accounting or related field preferred or equivalent is preferred.
Multifamily acquisition and disposition experience is a plus.
Ability to travel occasionally.
Experience with equity or debt portfolio management software/systems (e.g. MRI, Salesforce, Yardi).
Ability to navigate multiple systems, manage data and create reports.
Skilled in Microsoft Office suite of products, particularly Word and PowerPoint.
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 careers_mailbox@fanniemae.com.
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