SF Collateral Risk- Risk Analysis- Condominium / Co-op Underwriting Manager

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

The Impact You Will Make

Lead operational execution of condominium and cooperative project eligibility reviews and inquiry management processes.

Analyze project data and documentation to assess risk and determine eligibility in accordance with Selling Guide requirements.

Collaborate with internal stakeholders and vendors to ensure timely, accurate, and consistent project review outcomes.

Support the development and implementation of process improvements and technology enhancements to increase efficiency and reduce risk.

Maintain documentation of policies, procedures, and controls related to project eligibility and risk analysis.

Provide subject matter expertise and guidance to internal teams and external partners regarding project eligibility standards.

Manage escalations and complex inquiries, including formal written responses to industry stakeholders.

Monitor performance metrics and reporting to ensure compliance with service level agreements and quality standards.

Contribute to strategic initiatives focused on enhancing risk management capabilities and supporting enterprise goals.

Minimum Required Experiences

6+ years of experience in mortgage operations, underwriting, or risk management.

Strong understanding of Single-Family GSE condominium and cooperative Selling Guide requirements.

Experience managing operational workflows and inquiry resolution in a matrixed environment.

Proven ability to use data and analytics to inform decisions and improve operational performance.

Experience with vendor management, including oversight of production and quality control.

Strong communication skills, both written and verbal, with the ability to present complex information clearly.

Ability to influence and collaborate across teams and with external stakeholders.

Desired Experiences

Bachelor’s degree or equivalent.

10+ years of related experience, including 5+ years in a leadership or project management role.

Experience in condominium and cooperative project underwriting, including review of financials, legal documents, and engineering reports.

Familiarity with cooperative loan origination and servicing procedures.

Experience managing escalations and regulatory inquiries related to mortgage eligibility.

Background in developing training materials and delivering education to mortgage professionals.

Proficiency with tools such as Fannie Mae Condo Project Manager™, Salesforce, Excel, PowerPoint, RiskWorks, Confluence, SharePoint, JIRA, and Tableau.

Qualifications

Education :

Bachelor's Level Degree (Required)

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For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity / gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and / or you need a reasonable accommodation related to the hiring / application process, please complete this form .

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here .

Requisition compensation :

138000

to

180000

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.