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Multifamily Commercial Real Estate Property Assessment Advisor
2 months ago
At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.
Job DescriptionTHE IMPACT YOU WILL MAKE
As a valued contributor, you will provide subject matter expertise to the team on Physical Condition Assessments (PCAs), including developing and maintaining a quality assurance program for PCA firm and professionals. In this position, you will assist in setting policy, reviewing reports, and developing a robust QC process to mitigate property condition risk in the book.
The Multifamily Commercial Real Estate Property Assessment Advisor 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:
- Reviews, prepares, and advises on Property Condition Assessments (PCAs) to ASTM Standard E2018 and/or Phase I Environmental Site Assessments (ESAs) with subject matter expertise of ASTM E1527, as well as Fannie Mae scope of work.
- Subject matter expert in evaluating multifamily building systems and conditions, seismic, accessibility, MEP, or other specialties specific to Fannie Mae scope and/or frequently encountered recognized environmental issues/conditions and remedies.
- Consults with and provides guidance to the team on reviewing collateral securing Fannie Mae loans, as well as assisting in setting policy, reviewing reports and developing a robust QC process to mitigate property condition risk in the book.
- Provides professional support and guidance to various Fannie Mae Multifamily teams with respect to property condition.
- Photographs representative systems, conditions, and physical deficiencies and/or representative areas of a property and surrounding properties in support of the ESA and estimates costs to remedy deficiencies.
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences
- 6 years
Skills
- Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS
- Experience anticipating risks and designing solutions to mitigate them
- Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
- Experience managing supplier or vendor relationships, including: managing needs and expectations, evaluating and tracking performance metrics, and making decisions related to suppliers or vendors
- Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
- Learning and Training including conducting, developing, and evaluating training, instructional design, and learning management systems
- Performance Measurement including evaluating programs, evaluating vendors, and defining and measuring KPIs
- Experience gathering accurate information to explain concepts and answer critical questions
- Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
- The group of skills related to Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
Tools
- Skilled in Excel
Desired Skills
- Bachelor degree or equivalent in Architecture, Engineering, Construction Management, Environmental Science, Geology, or related field
- Experience with PCAs or related services
- Must demonstrate a general understanding of Property systems including site work, structural and building envelope
- Engineer or architect experienced in commercial real estate/multifamily construction
- Familiar with industry-standard Mortgage Bankers Association (MBA) physical condition rating scale
- Familiar with relevant commercial construction and environmental guidelines
- Holds relevant commercial construction certifications
- Excellent verbal and written communication skills
Additional Information
The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.
Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.
The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. 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.
