Senior Underwriter - LIHTC Proprietary Investments

Fannie Mae

3.9

(14)

Chicago, IL

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
  • #JR1656_2

    Position summary

    nsibilities:

    • 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.

    **THE EXPERIENCE YOU BRING TO THE TEAM

    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.

    Multifamily Customer Engagement - Customer and Partner Management - Advisor

    Target Pay Range: $121,000 - $158,000 a year

    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:
    121000
    to
    158000

    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