Multifamily Asset Associate
$73k - $109kFreddie Mac
At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview: Do you have a passion for real estate and are detail-oriented, self-motivated, and professional? The Multifamily Asset Management Surveillance team at Freddie Mac is the employer for you. Our team is integral to managing and monitoring the risk in our multifamily portfolio. You will be involved in processes related to reviewing loan documents and providing loan information to internal and external stakeholders prior to Freddie Mac multifamily securitization. If being part of a diverse and exciting team, learning and applying your knowledge about Multifamily Real Estate interests you, then come join us. Apply now to contribute to our mission of Making Home Possible. Our Impact: 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 greatest recovery to investors and superior service to Borrower while ensuring compliance with government regulations and/or company policy. Your Impact: In this role, you will be responsible for:- Monitoring portfolio performance of required compliance items
- Evaluating collateral, loans and assisting in due diligence activities of loans in our portfolio
- Participating in initiatives to streamline business processes and further strengthen portfolio monitoring
- Performing special projects as assigned
- Bachelor's Degree in Finance, Business Administration, or a related field. Alternatively, equivalent experience or a combination of education and experience that provides comparable knowledge and skills.
- A minimum of 1-2 years in asset management, banking, or finance, with a focus on asset management, commercial lending, property inspections, and credit analysis/underwriting.
- Understanding of and experience with technology productivity tools, specifically Microsoft Office products (Excel, Word, Power Point, Teams)
- Strong verbal and written communication skills
- Ability to prioritize and be self-directed
- Strong organizational skills
This position has an annualized market-based salary range of $73,000 - $109,000 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.
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