Loan Administration Team Lead

Commercial Loan Closer

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview :

Are you someone who has a desire to join a division that is helping to build a better multifamily housing finance system? Apply to join as a Commercial Loan Closer and join a team in the Multifamily division responsible for ensuring that loan documentation and collateral reviews are consistent with the terms of the Loan Commitment and reflected accurately on our loan systems.

Our Impact :

Our team ensures that the loans purchased by Freddie Mac Multifamily follow the Optigo Lender Guide requirements, working with Lenders and their counsel to address any issues. We support the purchase of a high volume of loans while providing stellar customer service.

Your Impact :

Review and approve final delivery documents for small business loans, conventional loans and structured loans.

Identify document discrepancies and provide reports to sellers for resolution.

Provide resolutions to an extensive range of complicated problems identified during review and make recommendations for changes to policies and establish procedures that affect immediate organization's operation.

Represent the organization as the principal customer contact

Interact with various business areas on significant technical matters frequently requiring coordination across organizational lines to fulfill the functions of the position.

Act as an advisor to team to meet schedule and / or resolve technical problems.

Act as liaison to other Freddie Mac departments (e.g. audit, legal, financial accounting, tax, marketing etc.) as required.

Support manager in training staff

Prioritize tasks based on business needs

Qualifications :

College degree or equivalent experience; advanced studies / degrees preferred

Commercial loan closing and / or similar experience

Experience in training team members who have variable experience levels

MBA or similar mortgage certifications or paralegal certificate preferred

6 - 8 years of related experience

Project management experience / skills required

Proficiency with Microsoft office suite required

Strong attention to detail and work ethic

Strong communication skills and team player

Strong technical aptitude, with experience running reports, interpreting data, and supporting system-related workflows.

Keys To Success In This Role :

Ability to meet tight deadlines on a consistent basis

Ability to build relationships across organization

Ability to build upon prior knowledge

Ability to motivate and train individuals and teams

Innovation and continuous improvement of processes

Ability to lead staff through change initiatives

Grasping the macro, communicating the micro when needed deep familiarity with, and understanding of, commercial loan documentation and transactions.

Familiarity with GSE loan closing and delivery processes

Strong interpersonal skills

Ability to think outside the box and flexibility in times of high volume

Current Freddie Mac employees please apply through the internal career site. We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity / expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA applicants : Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Notice to External Search Firms : Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code : MAC.

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.