Loan Portfolio Management & Structuring Director
McLean, VA
About the Position
Freddie Mac’s Investments and Capital Markets Division is seeking a seasoned Transactions Director to join the Loan Portfolio Managing and Structuring (LPMS) group. The candidate will support securitizations of seasoned and legacy loans. The team is responsible for the management of Freddie Mac’s Non-Performing Loan (NPL) and Re-Performing Loan (RPL) positions in the company’s retained portfolio which includes Seasoned Credit Risk Transfer (SCRT), Seasoned Loan Structured Transactions (SLST) and NPL sale programs. The position requires a deep understanding of structured MBS, including valuation, risk measurement and market supply and demand conditions. In addition, the position requires the ability to develop ad hoc analytic and reporting systems, as well as guide Financial Engineering and Modeling staff in the development of large-scale systems.
Your Work Falls into These Primary Categories:
SCRT, SLST and NPL Transactions:
- Lead deal structuring and economic analysis of trading decisions
- Manage syndication processes and subsequent primary bond sales with dealers and investors
- Market transactions to investors (which will involve traveling, ~10 trips per year)
- Review offering and operative documents, as needed
Market-Facing and Portfolio Analysis Responsibilities:
- Independently run transaction and program analytics, providing feedback to internal stakeholders, as appropriate
- Manage relationships with major external counterparties including broker/dealers, investors and service providers
- Maintain daily interaction with sell-side traders and sales people
- Perform market and program surveillance activities
- Support settlement of securitization and deal tie outs and reporting, including Intex, Bloomberg, etc
Qualifications
- Typically has 10+ years of experience in securitizations of single-family performing loans
- Bachelor’s degree in Finance, Engineering, Economics, Statistics or related quantitative field
- Good analytical and problem-solving skills, and ability to think outside the box
- Solid communication and people skills
- Ability to work in a fast-paced trading desk environment and ability to deal with some degree of ambiguity
Key to success in this role:
- Strong work ethic
- Positive attitude
- Team player
- Self-motivated
Top 3 Personal Competencies to possess:
- Drive for Execution: Be accountable for strong individual and team performance
- Customer Focus (Internal and External): Personally engage with customers to learn their needs
- Seek and Embrace Change: Actively support culture change initiatives
Preferred Skills
- Experience in the securitization of seasoned loans
- Knowledge of Intex, Bloomberg and Yieldbook
- Excellent Excel and PowerPoint presentation skills
Interested in applying to this career opportunity?
Please email Taylor Frank, [email protected], and include Freddie Mac Loan Portfolio Management & Structuring Director in the subject line.
About Freddie Mac
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer.
