Multifamily Underwriting Director

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.

This Director of Multifamily Underwriting position reports to the Senior Director, Multifamily Underwriting Northeast Regional Office.   The role will provide risk analysis for loan originations, structuring and negotiating transactions to minimize credit risk, and leading a team of underwriters managing pipeline and timeframes to meet our customers’ closing of commercial real estate transactions. 

Provide risk analysis for loan originations, structuring and negotiating transactions to minimize credit risk, and leading a team of underwriters managing pipeline and timeframes to meet our customers’ closing of commercial real estate transactions. 

• Manage and monitor a pipeline of deals in underwriting stages;  Pipeline management will require extensive updates and communication with external and internal customers
• Direct and Indirect management, mentoring & training of underwriting staff
• Review and ensure concise, complete, and transparent Investment Briefs and ensure accurate data quality for loan securitization
• Analyze and resolve various transactional issues that escalate in various due diligence documents, including sponsor financial information and property operating statements, as well as third-party reports, such as real estate appraisals, engineering, environmental and zoning reports
• Apply company principles/policies and critical thought to complete assigned tasks accurately, completely, and in a timely manner
• Communicate daily with external customers and internal business partners, including Underwriting leadership, Production, Legal, and Capital Markets to resolve issues as they arise through the underwriting process to achieve shared success
• Provide ad hoc reporting and management feedback

• Typically has 12+ years of Multifamily underwriting experience
• Bachelor’s degree in Finance, Real Estate or related discipline and/or equivalent experience
• Knowledge of real estate property fundamentals and real estate lending/underwriting (especially for GSE)
• Leadership and management experience
• Position requires up to 10% to 25% travel

• Demonstrated successful management of a team to accomplish large projects
• Positive attitude, creative problem solving, self-driven, team player
• Strong work ethic
• Intellectual agility and interpersonal flexibility
• Strong written and verbal communication skills

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.

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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.

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