Multifamily Asset Management Associate

Freddie Mac

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview

Do you have a passion for commercial real estate? Do you have experience analyzing operating statements, seeking out trends and detecting risks? The Surveillance team within the Asset Management and Operations Department of Multifamily is looking for a smart, self-motivated and analytical team player who can evaluate real estate, detect financial and physical risks and provide meaningful analysis to diverse stakeholders. Apply now and learn why there’s #MoreAtFreddieMac!

Our Impact:

The Surveillance Team within the Asset Management and Operations Department of Multifamily is responsible for detecting and managing credit, regulatory, and reputational risk to Freddie Mac that comes from loans or bonds in Freddie Mac Multifamily’s investment, transitional, or specially serviced portfolio. Our team works closely with multiple groups within Freddie Mac Multifamily, our Optigo customer network, and the US Multifamily industry in general. Through our monitoring of credit quality and performance of our multifamily portfolio, we provide the greatest recovery to investors and superior service to Borrower while ensuring compliance with government regulations and/or company policy.

Your Impact:

  • Assessing loan-level risk through analysis of operating statements and evaluation of property, market, borrower, and property management
  • Reviewing servicer and third-party property inspections for quality control and risk determination; inspect properties throughout US to determine market position, physical condition, management quality. Some travel maybe required
  • Preparing Monthly CREFC IRP reports for Master Serviced loans and other reports for balance sheet products
  • Monitoring portfolio performance through review of Watch List, delinquency reports
  • Performing data analysis on global portfolio to provide intelligence to internal customers and senior management regarding performance of multifamily assets
  • Participating in initiatives to streamline business processes and further strengthen portfolio monitoring
  • Performing special projects as assigned

Qualifications

  • Bachelor’s degree in finance, Business Administration, Quantitative Analysis or related discipline or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired
  • Typically has 1-3 years of experience, with finance, commercial real estate, and /or apartment operations focus
  • Strong expertise in MS Excel with ability to create macros, tables, charts, etc.
  • Intermediate expertise with regards to MS Power Point and MS Word
  • Excellent verbal and written communication skills. Ability to communicate effectively with team members, stakeholders, and management.
  • Ability to prioritize and be self-directed
  • Strong organizational skills and even stronger work ethic

Keys to Success in this Role:

  • Providing superior customer service while managing a large volume of requests
  • Basic knowledge of multifamily property inspections and operations
  • Self-starter with ability to work independently
  • Positively accept feedback for self-development/improvement
  • Team player who can build and maintain relationships with both internal and external stakeholders
  • Knowledge of Multifamily Real Estate
  • Strong Excel experience with macros, tables, charts, and other functions

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Non-Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $76,000 - $114,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

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Confirmed 14 hours ago. Posted a day ago.

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