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Position Overview:
The role involves analyzing, recommending, and closing post-funding transactions for structured multifamily loans. The candidate is expected to handle various transaction types, including releases, repair extensions, and other performing loan transaction/modification requests. Additionally, the candidate will assist Senior Analysts with data and financial analysis and serve as a closing coordinator for post-purchase transactions on multifamily loans. This includes providing support for the issuance of approval letters and reviewing closing documents to ensure all approval conditions are accurately reflected. The candidate will work closely with counterparts in Underwriting, Capital Markets, Legal, Operations, and other departments within Asset Management to ensure the consent request process runs smoothly. Managing key customer relationships while handling a high volume of transactions is essential, as is the ability to work periodically with external parties such as servicers and outside counsel. Responsibilities also include coordinating the execution and delivery of legal documents, reviewing post-closing submissions for accuracy and completeness, following up on open items as needed, and updating internal systems to reflect changes and maintain up-to-date information. The candidate will prepare periodic reports with transaction data for internal distribution to other Multifamily departments and participate in initiatives to streamline business processes or other special projects as assigned. Learn Multifamily structured transactions deal terms and conditions is necessary, and the candidate will assist the director with analysis of term sheets and deal summaries.
Our Impact:
The Multifamily Asset Management Structured Transactions Team significantly impacts the real estate market by enhancing liquidity, stability, and affordability. Liquidity is achieved by resolving outstanding requests to make changes to existing loans, allowing loans and bonds held in our portfolio to be sold, transferring risk to investors in a securitized pool. This enables Freddie Mac to use the funds from sales to purchase more structured loans and bonds from Optigo Lenders. Stability is provided by the Structured Transactions team through reviewing and approving loan assumptions, offering a competitive advantage for borrowers wanting to sell their properties during times of restricted credit opportunities. Affordability is supported by Freddie Mac's leadership in Targeted Affordable Housing (TAH), providing loans to this key market, with the Structured Transactions team within Asset Management supporting this effort.
Your Impact:
This position is critical to the team, serving as an analyst for routine multifamily loan transactions, completing financial analysis, and assisting with closing coordination for post-purchase issues on transactions.
Qualifications:
Bachelor’s degree in Finance, Real Estate, Business Administration, or related discipline is required.
Typically has 0 – 2 years of related experience.
Desire to learn about Multifamily Affordable Housing and related complex financing structures.
Legal experience preferred, not required.
Attention to detail is critical to the position.
Strong expertise with Microsoft Excel and Word.
Keys to Success in this Role:
Excellent customer service and organizational skills; efficient in managing large volumes of requests.
Strong analytical, writing, and verbal communication skills.
Flexible team player.
Current Freddie Mac employees please apply through the internal career site.
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.
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Time-type:Full timeFLSA Status:Non-ExemptFreddie 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 $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.