Fannie Mae
Senior Underwriter - LIHTC Proprietary Investments
Fannie Mae, Boston, Massachusetts, us, 02298
Senior Underwriter - LIHTC Proprietary Investments
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Senior Underwriter - LIHTC Proprietary Investments
role at
Fannie Mae
Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.
Impact You Will Make Since restarting its Low-Income Housing Tax Credit (LIHTC) platform in 2018, Fannie Mae has invested approximately $4.7 billion in proprietary and multi-investor funds. As a valued contributor on our dynamic team, you will be responsible for underwriting and closing investments through LIHTC proprietary funds.
Responsibilities
Working with our syndicator partners, this role will structure, underwrite and close potential affordable multifamily proprietary investments utilizing low-income housing tax credits.
Maintain overall responsibility for the investment review and approval process of proprietary investments including collaboration with internal and external stakeholders.
Identify and assess the risk profile of equity investments to ensure risk is mitigated and objectives are met within appropriate credit, investment and regulatory guidelines.
Coordinate with internal and external teams to develop key milestones to achieve a seamless execution.
Working with management, recommend business solutions based on analysis of internal and market data.
Actively participate on special project teams as needed.
Travel to visit prospective investments and markets.
Minimum Required Experience
6 years of LIHTC Equity experience with a track record underwriting and closing LIHTC proprietary investments while maintaining product and credit quality
Demonstrated experience in modeling and structuring LIHTC proprietary investments, managing critical projects and tight timelines
Highly motivated self-starter with good attention to detail
A team player with excellent interpersonal skills who is energized by working in a collaborative, dynamic and evolving team environment
Strong analytical, verbal, written and presentation communication skills
Ability to influence through negotiating, persuading others, facilitating meetings, and resolving conflict
Proficient in tax and accounting matters related to LIHTC
Ability to successfully manage and engage stakeholders, customers, and vendors and build relationship networks
Experience gathering accurate information to explain concepts and answer critical questions
Ability to travel overnight 25% of the time
Desired Experience
Bachelor’s degree or equivalent
Proven ability to lead projects and complex problem solving skills
Proven ability to work with people with different functional expertise respectfully and cooperatively towards a common goal.
Target Pay Range Target Pay Range: $121,000 - $158,000 a year
Qualifications Education: Bachelor's Level Degree (Required)
Equal Opportunity Employer Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.
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Senior Underwriter - LIHTC Proprietary Investments
role at
Fannie Mae
Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.
Impact You Will Make Since restarting its Low-Income Housing Tax Credit (LIHTC) platform in 2018, Fannie Mae has invested approximately $4.7 billion in proprietary and multi-investor funds. As a valued contributor on our dynamic team, you will be responsible for underwriting and closing investments through LIHTC proprietary funds.
Responsibilities
Working with our syndicator partners, this role will structure, underwrite and close potential affordable multifamily proprietary investments utilizing low-income housing tax credits.
Maintain overall responsibility for the investment review and approval process of proprietary investments including collaboration with internal and external stakeholders.
Identify and assess the risk profile of equity investments to ensure risk is mitigated and objectives are met within appropriate credit, investment and regulatory guidelines.
Coordinate with internal and external teams to develop key milestones to achieve a seamless execution.
Working with management, recommend business solutions based on analysis of internal and market data.
Actively participate on special project teams as needed.
Travel to visit prospective investments and markets.
Minimum Required Experience
6 years of LIHTC Equity experience with a track record underwriting and closing LIHTC proprietary investments while maintaining product and credit quality
Demonstrated experience in modeling and structuring LIHTC proprietary investments, managing critical projects and tight timelines
Highly motivated self-starter with good attention to detail
A team player with excellent interpersonal skills who is energized by working in a collaborative, dynamic and evolving team environment
Strong analytical, verbal, written and presentation communication skills
Ability to influence through negotiating, persuading others, facilitating meetings, and resolving conflict
Proficient in tax and accounting matters related to LIHTC
Ability to successfully manage and engage stakeholders, customers, and vendors and build relationship networks
Experience gathering accurate information to explain concepts and answer critical questions
Ability to travel overnight 25% of the time
Desired Experience
Bachelor’s degree or equivalent
Proven ability to lead projects and complex problem solving skills
Proven ability to work with people with different functional expertise respectfully and cooperatively towards a common goal.
Target Pay Range Target Pay Range: $121,000 - $158,000 a year
Qualifications Education: Bachelor's Level Degree (Required)
Equal Opportunity Employer Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.
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