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Director, Multifamily Loan Administration

Company: Freddie Mac
Location: Mc Lean
Posted on: May 24, 2020

Job Description:

The Multifamily Loan Administration Director will lead Managers and Teams responsible for Multifamily Loan Administration functions related to Document Custody, Purchase, and Securitization for Small Balance, Conventional and Structured Loans. Your Work Falls Into the Following Two Primary Categories Loan Administration Monitor Seller performance and compliance with Guide requirements from initial delivery of Multifamily Loan Documents through sale into a Securitization or retention in portfolio Oversee complex deals and approve modifications to operational processes to support risk transfer goals and objectives and resolve complex issues or requests for waivers from established procedures Primary point of contact with other Freddie Mac departments (e.g. audit, legal, financial accounting, tax, marketing etc.) with regard to Loan Administration functions Leadership Work with Managers on assignments and responsibilities to determine best use of resources and budget to meet deadlines and objectives Manage, motivate, and develop staff within the latitude of established company policies Implement changes to policies and establish procedures that affect immediate organization's operation Act as an adviser to Managers to effectively meet deadlines and/or facilitate the resolution of technical problems Establish performance goals for Managers and Teams Lead cooperative efforts among cross department areas related to new products and/or technological advances Qualifications Qualifications Management of Commercial Loan Closing Department and/or similar experience Experience in managing/training team members who have variable experience levels College Degree or equivalent experience; advanced studies/degree preferred MBA or similar mortgage certifications or Paralegal Certificate a plus Typically has 10 - 15 years related experience and 5 years management experience Paralegal experience a plus Project management experience/skills Strong Microsoft office suite skills Strong attention to detail and work ethic Strong communication skills and team player Ability to think outside of the box and flexibility in times of high volume Keys to Success in This Role Ability to build relationships across the organization Ability to motivate and train individuals and teams Innovation and continuous improvement of processes Ability to lead staff through change initiatives Grasping the macro, communicating the micro when needed Deep familiarity with, and understanding of, commercial loan documentation and transactions Familiarity with GSE loan closing and delivery processes Strong interpersonal skills Leadership - Lead from the front, balancing delegation with doing Drive for Execution - Treat obstacles as challenges to overcome, not excuses Seek and Embrace Change - Continuously improve work processes rather than accepting the status quo Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

Keywords: Freddie Mac, Washington DC , Director, Multifamily Loan Administration, Accounting, Auditing , Mc Lean, DC

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