Multifamily Legal - Associate General Counsel - Principal

Overview

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

As a valued contributor to our team, you will consult, advise, and represent Fannie Mae’s Multifamily business in service of our mission to provide stability, liquidity, and affordability in the housing ecosystem. In this role, you will consult with team members and management to provide core legal counsel and services to the company on a variety of highly complex transactions and legal projects related to multifamily or corporate initiatives, low-income housing tax credit (LIHTC) investments, and asset management or regulatory concerns. You will act as a subject matter expert on significant legal decisions, as well as partner with internal clients to help them achieve their business objectives, while minimizing legal risks.

We are currently hiring for one role that can sit out of either Reston, DC, Plano, Chicago, Boston, NYC, or San Francisco.

The impact you will make

The Multifamily Legal- Associate General Counsel- Principal 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 :

Responsibilities

Evaluate high-level legal and regulatory analyses and partner with management to identify and escalate potential reputation issues to leadership.

Collaborate with colleagues, internal clients, and outside counsel on negotiation and drafting of contracts and other documents.

Partner with management by providing advice to business clients on important business and legal issues and initiatives. Engage with clients to meet business and regulatory goals in addition to achieving closure on transactions and projects while providing excellent customer service.

Use sound business and legal judgment to balance an appropriate level of risk aligned with business needs and objectives.

Supervise and direct outside counsel.

Collaborate with management and outside counsel on issues of significance for the company.

Experience you bring to the team

Qualifications

Minimum Required Experiences

8 years of experience

Juris Doctorate

Experience negotiating and closing complex commercial real estate finance and investment transactions.

Experience representing investors, developers, or syndicators in LIHTC proprietary and multi-investor funds, including lower-tier property acquisitions.

Must be able to work independently with flexibility in a fast-paced environment.

Experience in communicating with and influencing clients.

Experience with building trusted advisor relationships.

Desired Experience

In-house legal department experience, including engaging and monitoring outside counsel, reviewing and supervising billings, and preparing and monitoring legal budgets.

Agency finance and other commercial leasing, finance or corporate transaction experience.

Expertise in affordable housing and other real estate issues (e.g., environmental risks).

Transactional experience with a solid understanding of Section 42 of the Internal Revenue Code, partnership and limited liability company law, and partnership taxation.

Skills

Adept at managing project plans, resources, and people to ensure successful project completion.

Legal skills, including legal analysis and generating solutions, drafting, conducting legal research, and negotiating.

Working with people with different functional expertise respectfully and cooperatively toward a common goal.

Experience gathering accurate information, explaining concepts and answering questions so that clients can make optimal decisions.

Communication skills, including communicating in writing and making oral presentations.

Relationship management skills, including engaging with clients, outside counsel, opposing parties, and internal and external stakeholders to achieve positive outcomes.

Aptitude for adopting new technologies and optimizing processes.

Target Salary Range : $196,000 - $264,000 per year

Qualifications

Education :

Bachelor's Level Degree (Required)

Future opportunities at Fannie Mae are described at fanniemae.com / careers.

Compensation notes : For most roles, employees are expected to work onsite at their designated office location. Proximity within a reasonable commute to the office is preferred unless the job is noted as remote. Fannie Mae is an equal opportunity employer and considers qualified applicants 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. Reasonable accommodations are provided to qualified individuals in the hiring / application process where feasible. See more here.

Requisition compensation : 196000 to 264000. Fannie Mae is an Equal Opportunity Employer and is 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, please email careers_mailbox@fanniemae.com.

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