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FANNIE MAE LIHTC Proprietary Investments - Senior Underwriter (Open to Remote) in Washington, District Of Columbia

Job Description Since restarting its Low-Income Housing Tax Credit (LIHTC) platform in 2018, Fannie Mae has invested over $4 billion in proprietary and multi-investor funds. As a valued contributor on our dynamic team, you will be responsible for underwriting and closing investments through LIHTC proprietary funds.

THE IMPACT YOU WILL MAKE

The LIHTC Proprietary Investments – Senior Underwriter 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:

  • Working with our syndicator partners, this role will structure, underwrite and close potential affordable multifamily proprietary investments utilizing low-income housing tax credits.

  • Maintain overall responsibility for the investment review and approval process of proprietary investments including collaboration with internal and external stakeholders.

  • Identify and assess the risk profile of equity investments to ensure risk is mitigated and objectives are met within appropriate credit, investment and regulatory guidelines.

  • Coordinate with internal and external teams to develop key milestones to achieve a seamless execution.

  • Working with management, recommend business solutions based on analysis of internal and market data.

  • Actively participate on special project teams as needed.

  • Travel to visit prospective investments and markets.

Qualifications *THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences*

  • 6 years of LIHTC Equity experience with a track record underwriting and closing LIHTC proprietary investments while maintaining product and credit quality

  • Demonstrated experience in modeling and structuring LIHTC proprietary investments, managing critical projects and tight timelines.

  • Highly motivated self-starter with good attention to detail

  • A team player with excellent interpersonal skills who is energized by working in a collaborative, dynamic and evolving team environment.

  • Strong analytical, verbal, written and presentation communication skills.

  • Ability to influence through negotiating, persuading others, facilitating meetings, and resolving conflict.

  • Ability to successfully manage and engage stakeholders, customers, and vendors and build relationship networks.

  • Experience gathering accurate information to explain concepts and answer critical questions.

  • Ability to travel overnight 25% of the time.

Desired Experiences

  • Bachelor’s degree or equivalent

  • Proven ability to work with people with different functional expertise respectfully and cooperatively towards a common goal.

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.

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