Full-Time LIHTC Senior Underwriter (Remote)

LIHTC Senior Underwriter

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.

Responsibilities:

• Communicate investment parameters, manage pipeline, screen, model, price, and negotiate letters of intent (LOIs) for multifamily LIHTC investments with syndicator partners.
• Underwrite and close proprietary and multi-investor fund investments, and negotiate and close proprietary fund agreements.
• Identify and assess the risk profile of equity investments to mitigate risk and meet objectives within credit, investment, and regulatory guidelines.
• Coordinate with internal and external teams to achieve 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 (legal, risk, operations, finance, accounting, and audit).
• Recommend business solutions based on analysis of internal and market data.
• Participate on special project teams.
• Travel periodically to visit prospective investments and markets.

Qualifications:

• Minimum Required Experiences
• Bachelor's degree or equivalent.
• 6+ years of LIHTC Equity experience, with a track record in 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 under tight timelines.
• Skilled in managing multiple and competing priorities to maintain a robust investment pipeline.
• Highly motivated self-starter with good attention to detail.
• Team player with excellent interpersonal skills and a collaborative spirit.
• Strong analytical, verbal, written, and presentation communication skills.
• Ability to influence through negotiating, persuading, facilitating, and resolving conflicts.
• Ability to manage and engage stakeholders, customers, and vendors and build relationships.
• Experience in gathering accurate information to explain concepts and answer critical questions.
• Proven ability to work respectfully and cooperatively with different functional expertise towards a common goal.
• Proficiency in Microsoft Office suite, 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.

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