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 managing the origination of new proprietary and multi-investor fund LIHTC investments through our syndicator partners.

THE IMPACT YOU WILL MAKE

The LIHTC 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, communicate investment parameters, manage pipeline, and screen, model, price and negotiate letters of intent (LOIs) for multifamily LIHTC investments.

• As needed, underwrite and close proprietary and multi-investor fund investments, as well as negotiate and close proprietary fund agreements.

• 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 of LOIs and secure investments.

• Assist the Senior Director, Director and Chief Operating Officer in managing and updating processes related to internal stakeholders such as multifamily legal, risk, operations, finance, accounting and audit.

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

• Actively participate on special project teams as needed.

• Travel periodically to visit prospective investments and markets.

Qualifications *THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences*

• Bachelor’s degree or equivalent.

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

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

• Skilled in managing multiple and competing priorities to help the Senior Director and Director maintain a robust pipeline of prospective investments shown by syndicator partners.

• Highly motivated self-starter with good attention to detail.

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

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

• Skilled in Microsoft Office suite of products, particularly Excel, Word and PowerPoint.

Desired Experiences

• Willingness to travel periodically.

• Experience with equity or debt portfolio management software/systems (e.g. MRI, Salesforce, Yardi).

• Ability to navigate multiple systems, manage data and create reports.

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.