Multifamily Lihtc Advisor

Summary

Join Fannie Mae and contribute to our team by advising on customer network development and support, and operational activities. As a Multifamily LIHTC Advisor, you will manage relationships with syndicator partners, analyze portfolio data, resolve problems, ensure data quality, improve processes, and lead project-based work. You will also maintain training schedules, provide subject matter expertise, and support operational activities. This flexible hybrid role requires 6 years of related experience and specific skills in relationship management, risk assessment, and communication. A bachelor's degree in a related field and multifamily experience are preferred.

Requirements

• 6 years related experience
• 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
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software
• Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
• Experience helping an organization to plan and manage change in effort to meet strategic objectives
• Influencing including negotiating, persuading others and resolving conflict if needed
• Experience 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
• Skilled in Excel

Responsibilities

• Own and manage the relationship 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. Identify trends and draw reasonable conclusions from examination of data and other sources of information
• Resolve problems. Source and analyze information to develop recommendations. Present position to management and external stakeholders to mitigate financial and credit risk in a clear, concise and compelling manner
• Ensure data quality and integrity. Assist 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 schedule. Actively focus upon personal development aligned with Fannie Mae leadership criteria for Advisor 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

Preferred Qualifications

• Bachelor’s degree in Finance, Economics, Accounting or related field preferred or equivalent is preferred
• Multifamily acquisition and disposition experience is a plus
• Ability to travel occasionally
• 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
• 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

Benefits

• Flexible hybrid company
• Incentive program
• Health, Life, Voluntary Lifestyle, and other benefits and perks