Multifamily LIHTC Advisor

1 week ago


Washington, Washington, D.C., United States Fannie Mae Full time
Job Summary

We are seeking a highly skilled Multifamily LIHTC Advisor to join our team at Fannie Mae. As a valued contributor, you will play a critical role in advising our team on methods and processes for overseeing customer network development and customer support activities, as well as supporting customer engagement opportunities.

Key Responsibilities
  • Manage relationships with syndicator partners in the development, construction, and operation phases of LIHTC investments.
  • Analyze Multifamily portfolio data, counterparties, markets, legal agreements/terms, financial statements, and cash flows to identify trends and draw reasonable conclusions.
  • Resolve problems by sourcing and analyzing information to develop recommendations and presenting them to management and external stakeholders to mitigate financial and credit risk.
  • Ensure data quality and integrity by assisting in the automation of asset management data.
  • Improve processes to monitor and communicate credit risk within the team and across the Multifamily organization.
  • Lead and support the development of action plans for non-routine project-based work, including regulatory and internal audit activities.
  • Maintain Fannie Mae training schedules and focus on personal development aligned with Fannie Mae leadership criteria for Advisors that complements business unit goals.
  • Assist with ad hoc assignments as needed.
  • Provide support for operational activities.
  • Provide subject matter expertise, best practices, and recommendations to the team.
Requirements
  • 6 years of related experience.
Skills
  • Relationship Management, including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
  • Risk Assessment and Management, including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • Working with people with different functional expertise respectfully and cooperatively to work toward a common goal.
  • Presenting information and/or ideas to an audience in a way that is engaging and easy to understand.
  • Documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software.
  • Identifying and selecting strategic options, and identifying resources to meet the defined objectives.
  • Helping an organization to plan and manage change in effort to meet strategic objectives.
  • Influencing, including negotiating, persuading others, and resolving conflict if needed.
  • Gathering accurate information to explain concepts and answer critical questions.
  • Operational Excellence, including improving and overseeing operations.
  • Business Insight, including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
Tools
  • Skilled in Excel.
Preferred Qualifications
  • Bachelor's degree in Finance, Economics, Accounting, or related field preferred or equivalent.
  • Multifamily acquisition and disposition experience is a plus.
  • Ability to travel occasionally.
Skills
  • Knowledge of the Multifamily market, including LIHTC Asset Management, affordable housing finance, real estate finance, transactions, and structures, legal contracts (partnership agreements), loan documents, third-party reports (audits, appraisals, needs assessments), cap rates, and credit analysis.
  • Knowledge of and experience with commercial multifamily real estate markets and property types, specifically with a focus on the Low Income Housing Tax Credit business.
  • Experience managing Multifamily LIHTC / Equity assets.
  • Excellent written and verbal communication skills, experience communicating complex ideas and processes to colleagues and stakeholders.
  • Strong interpersonal and influencing skills, ability to deal with multiple business units within the Multifamily organization, strong customer relationship management skills.
  • Self-motivated team player who has strong work ethic and demonstrates attention to detail.
  • Ability to prioritize in a fast-moving environment with excellent management and business literacy skills.
  • Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes.
  • Sound analytical skills.
Tools
  • Experience with equity or debt portfolio management software/systems (e.g. MRI, Salesforce, Yardi).
  • Ability to navigate multiple systems, manage data, and create reports.
  • Skilled in Microsoft Office suite of products, particularly Word and PowerPoint.

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.



  • Washington, Washington, D.C., United States Fannie Mae Full time

    Job Title: Multifamily LIHTC AdvisorFannie Mae is seeking a highly skilled Multifamily LIHTC Advisor to join our team. As a valued contributor, you will play a critical role in advising the team on methods and processes for overseeing customer network development and customer support activities, as well as supporting customer engagement opportunities.Key...


  • Washington, Washington, D.C., United States Fannie Mae Full time

    Job DescriptionFannie Mae is seeking a highly motivated and detail-oriented Multifamily LIHTC Underwriting Associate to join our team. As a key member of our affordable housing team, you will play a critical role in supporting the review of potential affordable multi-family developments and participating in the underwriting and closing of LIHTC...


  • Washington, Washington, D.C., United States Fannie Mae Full time

    Job Title: Multifamily LIHTC Underwriting AssociateFannie Mae is seeking a highly motivated and detail-oriented Multifamily LIHTC Underwriting Associate to join our team. As a key member of our underwriting team, you will be responsible for reviewing and analyzing multifamily transactions, evaluating credit risks, and assisting in the internal approval...


  • Washington, Washington, D.C., United States Fannie Mae Full time

    About the RoleFannie Mae is seeking a highly motivated and experienced Senior Underwriter to join our dynamic team. As a key member of our Low-Income Housing Tax Credit (LIHTC) Proprietary Investments team, you will be responsible for underwriting and closing investments through LIHTC proprietary funds.Key ResponsibilitiesStructure, underwrite, and close...


  • Washington, Washington, D.C., United States Fannie Mae Full time

    Job Title: Multifamily - Internal Audit - AdvisorFannie Mae is seeking a highly skilled and experienced professional to join our team as a Multifamily - Internal Audit - Advisor. This role will play a critical part in examining and analyzing accounting and operational records, determining financial status, efficiency, and effectiveness of operating and...


  • Washington, United States Fannie Mae Full time

    Company DescriptionAt 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...


  • Washington, United States Fannie Mae Full time

    Company DescriptionAt 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...


  • Washington, United States Fairstead Full time

    About the RoleFairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. As a Senior Construction Manager, you will play a critical role in the overall direction and completion of Low Income Housing Tax Credit (LIHTC) projects.Key ResponsibilitiesManage rehabilitation projects under construction,...


  • Washington, United States WinnCompanies Full time

    Senior Vice President Job DescriptionWinnCompanies is seeking a highly skilled Senior Vice President to lead our Washington D.C. Regional Office. As a key member of our leadership team, you will be responsible for managing the operations of a large affordable multi-family portfolio, comprising 5,000 units across multiple states. Your expertise will be...


  • Washington, United States CoStar Group Full time

    Sales Associate, Apartments.com - Tri-Cities, WA Job Description CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to...


  • Washington, United States CoStar Group Full time

    Sales Associate, Apartments.com - Washington, D.C. Job Description CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to...