Description:
Position Overview:The Multifamily Real Estate Department of the Legal Division of A Public Government-Sponsored Enterprise is seeking an attorney to join its legal staff as Assistant General Counsel in its Risk Management group. In this role, you will provide legal advice and counsel on a wide range of matters related to the Multifamily Division's business. We are seeking an attorney with a background in commercial real estate finance to work in a vibrant and collaborative environment!
Our Impact:
Legal MFRE is critical to the Multifamily Division's success in carrying out its important work supporting the nation's rental housing market. We accomplish this through a broad range of legal work, including loan production and underwriting, structured transactions, loan securitization, and asset management and operations matters.
Your Impact:
Fraud & Asset Resolution Matters
Serve as legal counsel to manage risks associated with A Public Government-Sponsored Enterprise's multifamily business. This may include:
- Advising the business teams on investigations of suspicious activity and fraud matters
- Advising (working with compliance and other legal teams) on regulatory reporting regarding suspicious activity and fraud matters
- Advising (working with the regulatory, government affairs and communications teams) on responses to congressional, regulatory and other inquiries regarding suspicious activity, fraud and distressed asset matters
- Advising on enforcement and/or asset resolution actions in connection with distressed assets (e.g., reviewing the operative loan documents and/or the Multifamily Seller/Servicer Guide, and advising on our rights and remedies)
- Negotiating asset resolution arrangements (e.g., workouts) and preparing related documentation
- Drafting and negotiating documents related to the management and sale of REO properties
Communication and Collaboration
- Drafting and delivering well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes
- Collaborating with peers to ensure consistency of legal advice and negotiating position
- Creating and maintaining effective relationships with business clients, lenders (from which A Public Government-Sponsored Enterprise buys multifamily mortgages and which service those mortgages), and lenders' counsel
Qualifications:
- Juris Doctor (JD) degree
- Membership in good standing in a state Bar
- Minimum 5 years of legal experience in commercial and/or multifamily real estate finance transactions or litigation related to multifamily real estate finance transactions, including advising lenders regarding: enforcement of their rights and remedies related to such transactions, and investigation of suspicious activity and fraud matters related to such transactions
- Strong legal analytical and writing skills
Keys to Success in this Role:
- Superior oral and written communications skills
- Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries
- Ability to build and maintain strong collaborative relationships with colleagues, clients and customers
- Ability to organize and prioritize multiple time-sensitive matters