Description

Key Responsibilities 

• Perform detailed, requirement-level analysis of Multifamily Credit Policy and corresponding Seller/Servicer Guide provisions.  
• Decompose credit policy into discrete, traceable business and underwriting requirements.  
• Assess whether requirements are fully aligned, partially aligned, minimally aligned, or not addressed across applicable documentation.  
• Analyze differences in terminology, defined terms, thresholds, conditions, exceptions, and language that may represent equivalent requirements.  
• Identify and document material gaps, conflicts, inconsistencies, and omissions.  
• Apply multifamily underwriting expertise to interpret requirements in the context of actual loan origination, underwriting, credit approval, and closing processes.  
• Analyze requirements involving property financial performance, borrower financial position, market considerations, credit risk, deal structure, exceptions, and risk mitigants, as applicable.  
• Develop clear, concise traceability documentation supported by appropriate source evidence.  
• Collaborate with Freddie Mac Credit Policy, Underwriting, Seller/Servicer Guide, business, and technology SMEs to validate interpretations and resolve questions.  
• Proactively identify issues and recommend approaches for resolving traceability or interpretation questions.  
• Participate in peer reviews and quality assurance to produce accurate work products with minimal errors.  
• Maintain analysis and requirements documentation using Jira, Confluence, and other Freddie Mac-approved tools.  

Required Qualifications 

• 3+ years of business analyst and/or systems analyst experience.  
• 1+ year of multifamily experience.  
• Demonstrated understanding of the multifamily commercial real estate loan market.  
• Demonstrated knowledge of multifamily underwriting processes and underwriting standards.  
• Experience analyzing credit policy, underwriting requirements, business requirements, procedures, controls, or comparable complex documentation.  
• Ability to interpret and decompose detailed policy language into discrete, traceable requirements.  
• Strong analytical skills with demonstrated attention to accuracy and data/document quality.  
• Experience with the Atlassian product suite, including Jira and Confluence, with exposure to or familiarity with BitBucket.  
• Some technical knowledge of Java and AMQ/JMS/message-driven architecture, sufficient to work effectively with systems and technology analysts.  
• Strong written and verbal communication skills.  
• Ability to independently manage assigned analysis through completion, proactively raise issues, and recommend resolutions.  

Preferred Qualifications 

• Direct multifamily underwriting or credit experience.  
• Knowledge of credit policy, underwriting procedures, and lending systems.  
• Experience underwriting or supporting underwriting of one or more of:  
• Conventional Multifamily  
• Targeted Affordable Housing (TAH)  
• Student Housing  
• Seniors Housing  
• Manufactured Housing  
• Experience with affordable housing transactions and associated property financial considerations.  
• Experience reviewing borrower financial position, market analysis, property-level financial information, or third-party reports.  
• Experience with requirements traceability, policy-to-process mapping, control assessments, or regulatory/compliance assessments.  
• Experience working with multifamily origination or underwriting technology.  
• Familiarity with microservice-based architecture

Key Skills

Education

Bachelor's degree