At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
If you are a hard-working, curious, self-motivated professional with a passion for commercial real estate, Freddie Mac Multifamily is the employer for you. The country’s largest Multifamily lender, with over a $70 billion platform, is looking for a skilled Relationship Manager to join our fast-paced and highly-talented Multifamily TAH Structured Products Production team. If you are interested in being intellectually challenged, helping build and preserve housing, and are a great teammate, come join a multifaceted and exciting team!
Our Impact:
Freddie Mac Multifamily makes affordable rental housing possible by purchasing apartment loans throughout the nation from a network of lenders and then securitizing them through a variety of securities offerings. We also offer securitization solutions for pools of Multifamily loans/bonds sourced by the TAH Structured Products Production team to create liquidity for financial institutions across the country that are not part of Freddie Mac’s network of lenders.
Our suite of Structured Products enables us to design custom structured solutions for third-party lenders or aggregators of Multifamily debt, creating balance sheet relief while generating attractive returns. Products include securitization (Q, ML and M-Deals) of taxable conventional, affordable (i.e. 9% LIHTC), small balance, and bridge loans, as well as tax-exempt loans and bonds. We also offer credit enhancement products such as PC Swaps and Custody Receipts.
The TAH Structured Products Production team specializes in thinking creatively to meet customers’ financing needs and works with credit and legal to ensure we maintain a risk adjusted approach to lending. As a member of the broader Production team, focus will also be placed on helping achieve various Duty to Serve and Equitable Housing Plan goals.
Your Impact:
In this role, you will be an integral part of a team responsible for managing several highly complex product lines, generating new business volume to meet specific affordable and profitability targets, and will be expected to:
Develop and manage external client relationshipsBuild a deep understanding of the parameters for each type of loan/bond collateral eligible for TAH Structured Products transactionsBuild a deep understanding of the credit and legal due diligence processesManage the development and execution of term sheets and other contractsFacilitate and complete Structured Products transactions and securitizationsPerform ad hoc analysisDevelop, implement and manage collateral databases, queries and reports that directly support the Structured Products businessCommunicate daily with internal business partners and external professional service providers. The candidate will interact extensively with internal Underwriting, Pricing, Securitization, Asset Management, and Legal, as well as external legal counsel, accountants, dealers and servicers.Qualifications
2-4 years of related work experienceBachelor’s degree and/or equivalent experienceAbility to work in a dynamic business environment, manage multiple tasks, and work independently and in groupsExcellent verbal and written communication skillsExcellent analytical and problem-solving skillsAbility to handle multiple priorities under tight deadlinesExpertise in Microsoft ExcelKey to success in this role
Curiosity and interest in the commercial real estate and securities industriesStandout colleague with positive attitude!Strong work ethicThrives in a fast-paced environment with constantly evolving prioritiesHarnesses the power of data to formulate and inform communicationsCurrent Freddie Mac employees please apply through the internal career site.
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.
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 timeFLSA Status:ExemptFreddie 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 $114,000 - $170,000 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.