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Associate Director, Affordable Production
Associate Director, Affordable ProductionWalker & Dunlop • Los Angeles, CA, USA
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Associate Director, Affordable Production

Associate Director, Affordable Production

Walker & Dunlop • Los Angeles, CA, USA
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Department :

Affordable Production

We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Department Overview

Walker & Dunlop, the #1 Multifamily Finance lender in the US, with expertise in all GSE and FHA / HUD affordable financing programs, has been a major player in the affordable housing space for years. We continue to invest in our platform so we can provide our clients with unparalleled solutions for all their affordable housing needs. Our suite of services, unmatched affordable housing experience, exceptional expertise in transaction execution, and industry-leading technology are setting a new standard in affordable housing. W&D’s dedicated Affordable experts are committed to addressing the affordable housing crisis in the U.S. and is comprised of capital advisory, investment sales (dedicated to Affordable), debt financing, LIHTC equity, and preservation.

The Impact You Will Have

Walker & Dunlop seeks an Associate Director to assist production efforts supporting the Senior Director in various locations across the country. The Associate Director will primarily assist in sizing and underwriting loans and gathering / organizing due diligence for loans related to multifamily agency transactions.

Primary Responsibilities

  • Input and model multifamily data for Fannie Mae and Freddie Mac loan sizers.
  • Present clients with due diligence checklist and related forms.
  • Assist in organizing all marketing efforts, including writing press releases, create deal ‘tombstones’ and coordinating with W&D marketing for client events.
  • Assist production team in tracking and updating pipeline reports.
  • Input notes in Salesforce.
  • Keep up and track all quotes, which would be presented to clients in a debt matrix.
  • Assist production team in creating well-presented Agency and capital markets submission packages.
  • Mine data from underwriting packages to find potential equity sources.
  • Monitor maturing deals and reach out to clients proactively with upcoming maturities.
  • Assist production team in tracking deals during underwriting and providing weekly status reports to clients.
  • Participate in weekly Production Meetings.
  • Complete Lost Deal information in Salesforce.
  • Participate in Kick-Off meetings with producer, underwriter and closer for all loans under application.
  • Serve as a liaison between production, underwriting, closing, and the GSE’s as deals are processed.
  • Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel.
  • Perform other duties as assigned.
  • Attendance is generally required from 8 : 30 am – 5 : 30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

Education and Experience

  • Bachelor’s degree (prefer finance and / or real estate concentration).
  • 4+ years financial analyst experience with commercial real estate owner, broker, appraiser, or financial institution. Multifamily agency experience a plus.
  • Proficient in MS Word, Sales Force and SharePoint.
  • Knowledge, Skills and Abilities

  • Excellent financial modeling skills including thorough knowledge of MS Excel.
  • Strong written and oral communication skills.
  • Detail oriented, organized, and accurate.
  • Ability to handle multiple tasks.
  • Ability to work productively in time sensitive situations.
  • Good concept of financial analysis of income producing real estate.
  • Good organization and analytical skills.
  • Exhibit good teamwork and cooperation.
  • General understanding of all major commercial real estate product types.
  • Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.
  • Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders.
  • This position has an estimated base salary of $90,000 - $100,000 plus discretionary production incentives. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data.

    #LI-AA1

    #LI-Hybrid

    What We Offer

    The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023

    Comprehensive benefit options

  • that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include :
  • Up to 83% subsidized medical payroll deductions
  • Competitive dental and vision benefits
  • 401(k) + match
  • Pre-tax transit and commuting benefits
  • A robust health and wellness program – earn cash rewards and gain access to resources that
  • promote health, engagement, and balance

  • Paid maternity and parental leave, as well as other family paid leave programs
  • Company-paid life, short and long-term disability insurance
  • Health Savings Account and Healthcare and Dependent Care Flexible Spending
  • Career development opportunities

    Empowerment and encouragement to give back – volunteer hours and donation matching

  • Eligibility may vary based on average number of hours worked
  • EEO Statement

    We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.

    SPAM

    Please be wary of recruitment scams.

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    Production Associate • Los Angeles, CA, USA

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