Description:

Position Overview:
The Multifamily Real Estate Department of the Legal Division of A Public Government-Sponsored Enterprise is seeking an attorney to join the team as an Associate General Counsel. This role will provide legal advice and counsel on a wide range of transactions and other 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, collaborative, and mission-based environment!

Our Impact:
Legal Multifamily Real Estate is critical to the Division's success in carrying out its mission to provide liquidity, stability, and affordability for the nation's rental housing market. We support this important mission through a broad range of legal work, including loan production, underwriting, and related activities; structured transactions; securitization ; asset management and operation matters; and asset resolution.

Your Impact:
Transactions:

Serve as legal counsel, independently and/or assisting or collaborating with other attorneys, for A Public Government-Sponsored Enterprise's purchase and/or servicing of multifamily loans. This may include:

negotiating contracts/commitments, loan documents, and other transaction documents
reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters
due diligence of real estate matters in connection with structured transactions or securitization
coordination and management of outside counsel
support multifamily client on coordination with regulatory and governmental affairs, including interaction with FHFA and congressional inquiries
collaboration with peers across the legal division

Non-Transactional Matters:

Initiatives and product improvements and development
loan documents and forms, Guide updates and credit policy
costing and pricing matters
lender approvals and other counterparty matters
multifamily research, marketing, and communications
risk management strategies for all aspects of the multifamily business
improvements to both legal and non-legal processes to increase efficiency and reduce costs across the multifamily business
mission-related programs

Communication and Collaboration::

Training multifamily client and peers on matters relating to multifamily loans and securities
Collaborating with peers to ensure consistency of legal advice and negotiating positions.
Creating and maintaining effective relationships with business clients, with lenders from whom A Public Government-Sponsored Enterprise buys multifamily mortgages and who service those mortgages, and with lawyers for those lenders.
Drafting well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.

Qualifications:

Juris Doctor (JD) degree
Membership in good standing in a state Bar
Minimum 10 years of legal experience in commercial and/or multifamily real estate finance transactions with a law firm or corporate law department, including responsibility for negotiating and closing real estate finance transactions
Strong legal analytical and writing skills
Knowledge of the customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactions
Familiarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution of the same
Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed securities (CMBS)

Keys to Success in this Role:

Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries
Ability to organize and prioritize multiple pending time-sensitive matters
Ability to build and maintain strong collaborative relationships with colleagues, clients, and customers