AVP or VP, GSE Underwriting

Description

• Develop and manage critical business relationships, which include cultivating favorable relationships with internal and external contacts.
• Work with Asset Management, Production, Closing and others as appropriate to closely monitor the performance and help develop and regularly refine benchmarks and metrics for evaluating the performance of the portfolio.
• Structure, underwrite, monitor, and perform due diligence for multifamily housing products and transactions.
• Conduct site visits to assess the condition and quality of multifamily projects, their management, and their marketplaces.
• Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel
• Review third-party Appraisals, Engineering Reports, Seismic Reports, Phase I Environmental Assessments and Operations and Maintenance (O & M) Reports where necessary to assist the underwriting teams.
• Ensure Underwriting staff generates accurate and analytical Narratives for submission to Loan Committee.
• Anticipate and resolve issues for customers and team members.
• Evaluate and manage risk issues using a comprehensive risk management approach.
• Manage, oversee, train and develop members of the underwriting team and the underwriting process.
• Work closely with Freddie Mac and Fannie Mae team members on resolving deal specific issues in a timely manner.

Requirements

• Demonstrated business management experience as well as a demonstrated capacity to provide leadership in closing deals.
• Knowledge of Fannie Mae's DUS and Freddie Mac’s Program Plus products is required.
• Demonstrated ability to develop and execute solutions to complex issues and transactions.
• Extensive multifamily experience across a wide range of financial and product executions.
• A high level of computer proficiency is required in Excel and Word.
• Demonstrated knowledge of and experience in underwriting. This includes but would not be limited to a strong working knowledge of the key players in the industry, the issues and trends facing the industry, the ability to identify and underwrite the key credit, sponsor related risks, and the ability to evaluate alternative risks carefully when structuring a transaction, and a demonstrated knowledge of property operations.
• Other skills related to building a career in Underwriting!
• Demonstrate mastery of the Freddie Mac and Fannie Mae Guides and periodic updates on an on-going basis in order to cultivate continuous improvement.
• Demonstrate an understanding of the history and function of Fannie Mae, Fannie Mae DUS, DUS Lenders, Freddie Mac and Freddie Mac Program Plus.
• Demonstrated leadership with evidence of increasing responsibility throughout career history and at least 5 years of direct supervisory responsibility.
• Demonstrated commitment to innovation and change and willingness to take initiative to accomplish change.
• Demonstrate mastery of Freddie Mac and Fannie Mae methodology for building up Proforma income and expenses.
• Bachelors preferred
• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.
• Frequent business travel required.
• Excellent interpersonal and presentation skills and the ability to effectively communicate with all levels of management.
• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.
• Demonstrated analytical skills with the ability to evaluate data quickly make decisions based on imperfect data, and take action in order to assist the team in moving its transactions forward.
• 7+ years of work experience in commercial real estate finance with strong exposure to multifamily and extensive knowledge of the Fannie Mae DUS program required
• Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders.

Benefits

• Competitive dental and vision benefits
• Up to 83% subsidized medical payroll deductions
• Health Savings Account and Healthcare and Dependent Care Flexible Spending
• Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include:
• Company-paid life, short and long-term disability insurance
• Career development opportunities
• A robust health and wellness program – earn cash rewards and gain access to resources that
• Empowerment and encouragement to give back – volunteer hours and donation matching
• The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023
• Paid maternity and parental leave, as well as other family paid leave programs
• Pre-tax transit and commuting benefits
• 401(k) + match

Training + Development

Interview process

Visa Sponsorship

Security clearance