Senior Underwriter - LIHTC Proprietary Investments

Senior Underwriter‑LIHTC Proprietary Investments at Fannie Mae plays a key role in the U.S. housing finance ecosystem, supporting affordable multifamily development nationwide.

• Work with syndicator partners to structure, underwrite, and close potential affordable multifamily proprietary investments utilizing low‑income housing tax credits.
• Maintain overall responsibility for the investment review and approval process of proprietary investments, collaborating with internal and external stakeholders.
• Identify and assess the risk profile of equity investments to ensure risk is mitigated and objectives are met within appropriate credit, investment and regulatory guidelines.
• Coordinate with internal and external teams to develop key milestones for seamless execution.
• Recommend business solutions based on analysis of internal and market data.
• Actively participate on special project teams as needed.
• Travel to visit prospective investments and markets, including overnight travel up to 25% of the time.

• 6 years of LIHTC equity experience with a track record of underwriting and closing proprietary investments while maintaining product and credit quality.
• Demonstrated experience modeling and structuring LIHTC proprietary investments and managing critical projects with tight timelines.
• Highly motivated self‑starter with strong attention to detail.
• Team player with excellent interpersonal skills who thrives in a collaborative, dynamic, and evolving environment.
• Strong analytical, verbal, written, and presentation communication skills.
• Ability to influence through negotiation, persuasion, facilitation, and conflict resolution.
• Proficiency in tax and accounting matters related to LIHTC.
• Ability to manage and engage stakeholders, customers, and vendors while building relationship networks.
• Experience gathering accurate information to explain concepts and answer critical questions.
• Ability to travel overnight up to 25% of the time.

• Bachelor’s degree or equivalent.
• Proven ability to lead projects and solve complex problems.
• Proven ability to collaborate with people of diverse functional expertise towards common goals.

Target Pay Range: $121,000 - $158,000 per year. The position is eligible to participate in a Fannie Mae incentive program and offers a comprehensive benefits package, including health, life, voluntary lifestyle, and other benefits.

Fannie Mae is an equal‑opportunity employer and considers qualified applicants for employment 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.