Business Analyst - Multifamily Credit Policy & Underwriting || McLean, VA

Job Title: Business Analyst - Multifamily Credit Policy & Underwriting
Location: McLean, VA Job Description

We are seeking an experienced Multifamily Credit Policy & Underwriting Business Analyst to support a strategic Multifamily Credit Policy Traceability Assessment for a leading financial services client.

The ideal candidate will have a strong background in multifamily commercial real estate underwriting, credit policy analysis, and business requirements documentation. The role involves analyzing multifamily credit policies against Seller/Servicer Guide provisions, identifying gaps and inconsistencies, and developing detailed requirements traceability documentation.

• Analyze Multifamily Credit Policy requirements and corresponding Seller/Servicer Guide provisions.

• Decompose complex policy language into clear, discrete, and traceable business requirements.

• Identify gaps, inconsistencies, conflicts, omissions, and differences in terminology, thresholds, conditions, and exceptions.

• Apply multifamily underwriting expertise to interpret requirements related to loan origination, credit approval, and closing.

• Review property financial performance, borrower financial position, market conditions, credit risk, loan structure, and risk mitigants.

• Develop traceability matrices and supporting documentation with appropriate source references.

• Collaborate with Credit Policy, Underwriting, business, and technology SMEs to validate findings and resolve interpretation questions.

• Maintain requirements and analysis documentation using Jira, Confluence, and other approved tools.

• Participate in peer reviews and quality assurance to ensure accuracy and completeness.

• 3+ years of Business Analyst and/or Systems Analyst experience.

• 1+ year of multifamily commercial real estate experience.

• Strong understanding of multifamily commercial real estate lending and underwriting standards.

• Experience analyzing credit policies, underwriting requirements, business requirements, procedures, or controls.

• Ability to translate complex policy language into discrete, traceable business requirements.

• Knowledge of multifamily loan underwriting, credit analysis, borrower financials, and property-level financial performance.

• Experience with Jira and Confluence; familiarity with Bitbucket is a plus.

• Basic technical knowledge of Java and AMQ/JMS or message-driven architecture.

• Excellent analytical, documentation, communication, and problem-solving skills.

• Direct multifamily underwriting or credit experience.

• Familiarity with Client or Fannie Mae Multifamily Seller/Servicer Guides.

• Experience with conventional multifamily, Targeted Affordable Housing (TAH), student housing, seniors housing, or manufactured housing.

• Experience with requirements traceability, policy-to-process mapping, or compliance assessments.

• Familiarity with multifamily loan origination and underwriting systems.

• Knowledge of affordable housing transactions and microservices architecture.

Interested candidates with hands-on multifamily underwriting, credit policy analysis, and business requirements experience are encouraged to apply with an updated resume highlighting relevant experience.

Keywords: Multifamily, Commercial Real Estate, CRE, Credit Policy, Credit Underwriting, Multifamily Underwriting, Freddie Mac, Seller/Servicer Guide, Business Analyst, Systems Analyst, Requirements Traceability, Jira, Confluence, AMQ, JMS.