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Fannie Mae

Senior Underwriter - LIHTC Proprietary Investments

Fannie Mae, Plano, Texas, us, 75086

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Senior Underwriter - LIHTC Proprietary Investments 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.

Base pay range $121,000 - $158,000

Job Description 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

Work with syndicator partners to 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.

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, 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.

Qualifications Education: Bachelor’s Level Degree (Required).

EEO Statement 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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