Senior Analyst

Location: New York

Department:

Affordable Production We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Department Overview Walker & Dunlop’s Affordable Housing Group is recognized as a leader in the industry. With multiple business lines including Debt, LIHTC Equity, Affordable Investment Sales, Preservation, Affordable Development and Capital Advisory services, this team of over 200 professionals has a wide array of expertise across the entire capital stack in affordable housing. Our team is on a mission to improve our nation’s affordable housing stock and ensure people have access to stable, quality, and safe housing.

We do that by providing services and capital for the development and preservation of all types of affordable housing across the United States. Our unique platform drives strong financial returns for clients and supports the development of thriving communities where people can afford to live where they work, shop, and play.

The Impact You Will Have As an Affordable Production Senior Analyst, you will play a critical role in the execution of affordable multifamily agency transactions nationwide. Partnering closely with Producers, you will lead financial modeling, underwriting analysis, and narrative development for Fannie Mae and Freddie Mac affordable loans. Your work will directly impact transaction quality, speed to market, and client experience.

By delivering accurate underwriting, well-crafted agency packages, and proactive pipeline coordination, you will help drive successful closings while building deep expertise in affordable housing finance.

Primary Responsibilities Lead financial modeling and loan sizing for affordable multifamily transactions using Fannie Mae (DUS) and Freddie Mac (Optigo) tools

Prepare and review Agency Narrative Packages, including market write-ups, rent and sales comparables, maps, and property photos

Spread and analyze rent rolls, historical operating statements, and budgets to support underwriting conclusions

Pull and analyze expense comparables, CoStar reports, property tax bills, and other third-party data sources

Upload quote packages and loan options through DUS Gateway and Freddie Mac OUS systems

Manage and maintain accurate pipeline tracking and reporting within Salesforce for new and active transactions

Monitor deals throughout underwriting and support communication between production, underwriting, and closing teams

Participate in kick-off meetings and weekly production meetings to ensure alignment and execution efficiency

Interface directly with clients, mortgage brokers, lenders, and third-party vendors to facilitate information flow and resolve issues

Travel periodically for property inspections and client meetings

Contribute to continuous improvement of underwriting processes and production best practices

Perform other duties as assigned

Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

Education and Experience Bachelor’s degree required (Finance, Real Estate, Business, or related field preferred)3+ years of financial analysis or underwriting experience in commercial real estate, affordable housing, or agency lending

Experience with multifamily agency underwriting strongly preferred; affordable housing finance experience highly desirable

Knowledge, Skills, and Abilities Strong financial modeling and underwriting skills, with attention to detail and accuracy

Solid understanding of affordable housing programs, income restrictions, and agency execution

Ability to manage multiple transactions in a deadline-driven environment

Strong written and verbal communication skills

High level of organization and ownership over work product

Ability to show ownership of your work, embrace challenges and growth opportunities, and demonstrate patience when learning new processes

Demonstrates courtesy,…