Agency Multifamily Lending, Transaction Manager - Senior Associate
jpmc-dev8.fa.oraclecloud.com/CX Agency Multifamily Lending, Transaction Manager - Senior Associate
Are you a seasoned professional in Commercial Real Estate with a passion for mortgage-backed securities from Government Sponsored Enterprises? If so, our Agency Multifamily Lending group is the ideal team for you. As a Senior Transaction Manager on the Agency Lending team, you will play a critical role in ensuring a seamless transaction experience for clients and providing strategic support to Underwriters by managing the inflow of new multifamily loan submissions and assisting with preliminary underwriting.
Responsibilities:
- Coordinate with the borrowers, underwriters and bankers to obtain necessary due diligence required for loan file
- Assist in transition from screening to underwriting.
- Maintain loan file, applicable checklists, and any documents required.
- Review and analyze items received to ensure file is accurately documented.
- Order and review third party reports (appraisals, PCA, ESA, Zoning Report etc.)
- Manage all aspects of the underwriting and closing of transactions by working closely with Insurance, KYC and Legal to ensure all required information is completed.
- Run required credit checks applicable to the Firm, Fannie Mae or Freddie Mac.
- Assist with Market, Property, and Sponsor Analysis.
- Assist underwriter by entering basic third-party report data to the sizer (appraisal, PCA, ESA, Zoning Report, etc.)
- Complete and/or assist Underwriters with applicable agency forms for submission.
- Assists with assembling loan package and delivering to closing.
- Occasional travel to inspect properties and prepare inspection reports.
- Other projects and duties, assigned and deemed appropriate from the manager.
Experience, Skills, and Abilities Required:
- Excellent project management and organizational skills.
- Must be detail oriented and demonstrate excellent communication skills.
- Knowledge of multifamily real estate property fundamentals and agency lending/underwriting.
- Ability to learn multifamily underwriting technology systems and tools that are specific to Fannie Mae and Freddie Mac.
- Must be able to work independently and as a team member.
- Bachelor’s degree preferred.
- Requires 2-4 years of experience in multifamily and multifamily affordable housing.
- Must be able to work well under pressure in a fast paced environment; prioritizing work in order to meet deadlines.
Preferred Qualifications, Capabilities and Skills
- Bachelor's degree preferred