Mulitfamily Loan Administration Team Lead
$97k - $145kFreddie Mac
Commercial Loan Closer
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:
Are you someone who has a desire to join a division that is helping to build a better multifamily housing finance system? If yes, apply today and prepare to join a dynamic, talented team as a Commercial Loan Closer in the Multifamily division of Freddie Mac, who is responsible for ensuring that loan documentation and collateral reviews are consistent with the terms of the Loan Commitment and reflected accurately on our loan systems. We invite you to be part of a mission-driven team that champions excellence and innovation!
Our Impact:
Our team ensures that the loans purchased by Freddie Mac Multifamily follow the Optigo Lender Guide requirements, working with Lenders and their counsel to address any issues. We support the purchase of a high volume of loans while providing stellar customer service.
Your Impact:
- Review and approve Final Delivery Documents for Conventional Loans and Structured Loans.
- Identify document discrepancies and provide reports to sellers for resolution.
- Provide resolutions to an extensive range of complicated problems identified during review and make recommendations for changes to policies and establish procedures that affect immediate organization's operation.
- Represent the organization as the principal customer contact.
- Interact with various business areas on significant technical matters frequently requiring coordination across organizational lines to fulfill the functions of the position.
- Act as an advisor to team to meet schedule and/or resolve technical problems.
- Act as liaison to other Freddie Mac departments (e. g. audit, legal, financial accounting, tax, marketing etc.) as required.
- Support manager in training staff.
- Prioritize tasks based on business needs.
Qualifications:
- Bachelor's Degree or equivalent experience; advanced degree, preferred
- 8+ years of professional experience, ideally in commercial loan closing or related roles
- Experience training and mentoring team members at various professional levels to reach their full potential
- Project management expertise is a plus
- Proficiency in Microsoft Office Suite and Tableau is preferred
- Demonstrated ability to drive efficiency and process improvements, including system testing, documentation and automation initiatives
- Strong technical skills, with experience in report generation, data analysis and supporting system workflows
Keys to Success in this Role:
- Thrive under pressure and consistently meet tight deadlines; flexible and creative problem-solver, especially during periods of high volume.
- Build strong relationships across the organization, fostering collaboration and trust.
- Champion innovation and continuous process improvement.
- Deep understanding of GSE loan closing and delivery processes.
- Ability to see the big picture while communicating key details; expert-level familiarity with commercial loan documentation and transactions.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
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.
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 $97,000 - $145,000 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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