Multifamily Underwriting - Fraud Prevention, Principal

Fannie Mae

3.9

(14)

Washington, DC

Why you should apply for a job to Fannie Mae:

  • 79% say women are treated fairly and equally to men
  • 71% would recommend this company to other women
  • 85% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Training, mentoring, coaching, and feedback, as well as access to online learning and development courses with Fannie Mae University
  • Health assessments and mindfulness benefits
  • Student loan repayment and employer-assisted housing program
  • #JR545

    Position summary

    from acquiring loans with potential fraud, deficient property values or increased borrower exposure risk.

    THE IMPACT YOU WILL MAKE

    The Multifamily Underwriting - Fraud Prevention, Principal role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

    • Direct team efforts and processes to gather information about potential risks and potential red flags involved with providing services to a customer and assist Multifamily leadership with process buildout and continued enhancements

    • Oversee enhanced pre-review loan underwriting, identifying potential red flags to prevent fraud, identify deficient property values and increased borrower exposure risk

    • Make recommendations to Multifamily leadership for fraud prevention process enhancements and customer communications

    • Lead efforts in creating and conducting training to internal stakeholders and DUS lenders

    • Confer with management on potential risks and costs involved with providing services to a customer

    • Review and recommend changes to the enhanced pre-review process to determine lending decisions

    • Recommend changes to process related to issuance of the securities or other financial loans to the customer

    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experience

    • 8 years of Multifamily underwriting and management experience

    Desired Experience

    • Bachelor's degree or equivalent

    • Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance

    • Loan management skills including evaluating loan requests, classifying loans, identifying fraud, and originating loans

    • Adept at managing project plans, resources, and people to ensure successful project completion and process buildout

    • Business insight skills including advising, designing business models, interpreting customer and market insights, forecasting, and benchmarking

    • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict

    • Relationship management skills including managing and engaging stakeholders, customers, and vendors, and building relationship networks

    • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand

    • Experience helping an organization to plan and manage change in effort to meet strategic objectives

    • Experience identifying and selecting strategic options and identifying resources to meet the defined objectives

    • Business process management skills including business process modeling, process design and implementation

    • Learning and training experience including conducting, developing, and evaluating training, instructional design, and learning management systems

    • Risk assessment and management skills including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating risk

    • Experience gathering accurate information to explain concepts and answer critical questions

    Multifamily Risk - Underwriting - Principal

    Target Pay Range: $172,000 - $234,000 a year

    #LI-NL1 - Hybrid

    Qualifications

    Education:
    Bachelor's Level Degree (Required)

    The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

    For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

    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 .

    The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here .

    Requisition compensation:
    172000
    to
    234000

    Why you should apply for a job to Fannie Mae:

  • 79% say women are treated fairly and equally to men
  • 71% would recommend this company to other women
  • 85% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Training, mentoring, coaching, and feedback, as well as access to online learning and development courses with Fannie Mae University
  • Health assessments and mindfulness benefits
  • Student loan repayment and employer-assisted housing program