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Fannie Mae · 1 day ago

Senior Underwriter - LIHTC Proprietary Investments

Reston, VA

Full-time

Hybrid

Mid, Senior Level

$123K/yr - $161K/yr

6+ years exp

Fannie Mae is foundational to housing finance, and they are seeking a Senior Underwriter for their LIHTC Proprietary Investments team. The role involves underwriting and closing investments through LIHTC proprietary funds, while collaborating with various stakeholders to ensure risk is mitigated and objectives are met.

Financial Services

Comp. & Benefits

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

Qualification

LIHTC Equity experienceUnderwriting investmentsModelingStructuringAnalytical skillsTaxAccounting knowledgeInterpersonal skillsNegotiation skillsProject managementCommunication skills

Required

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

Proficient in tax and accounting matters related to LIHTC

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

Bachelor's Level Degree (Required)