FHA Senior Asset Manager

Department:

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

Our Servicing experts service all Fannie Mae, Freddie Mac, and FHA Finance loans originated by Walker & Dunlop as well as certain life insurance company, bank, and CMBS loans.  Our Servicing experts are the borrower’s primary point of contact and ensure that the requirements of the investors are met from loan closing through payoff.  The Department consists of six main functional areas: Loan Administration, Asset Management, Insurance Compliance, Investor Reporting, Treasury, and Compliance. W&D’s Servicing portfolio is the 8th largest in the U.S., and W&D is one of Fitch’s highest-rated Servicers, with a rating of CPS1-.

The Impact You Will Have

This position is a key role within the Consent Transactions group of our HUD Asset Management team. The HUD Asset Management team is a dynamic group at Walker & Dunlop that collaborates to handle transactions and collateral monitoring of over 1,000+ loans in our HUD servicing portfolio, comprised of both multifamily projects and healthcare facilities.

Primary Responsibilities

• Process and manage consent transactions in ownership interests, operator changes, changes in management agent, accounts receivable financing, and/or changes to the collateral (ex: easements, partial releases).

• Prepare applications for HUD submission including review and analysis of due diligence materials and drafting of narrative reports.

• Review and analyze financial statements and operating history of proposed participants

• Effectively manage assigned pipeline of transactions while ensuring identification and mitigation of risk, compliance with HUD programmatic requirements, and adherence to applicable deadlines.

• Manage assets on the internal watch list (e.g., maintain communication channels with borrower, present status, and recommendations to senior management).

• Review and analyze of Capital Needs Assessments and other third-party reports, providing recommendations to HUD

• Communicate effectively with clients to determine appropriate loan arrangements to ensure compliance with HUD loan documents.

• Work closely with HUD to ensure compliance with HUD loan documents and mitigate portfolio risk.

• Perform other duties as assigned.

Education and Experience

• Bachelor’s degree in Finance, Accounting or related field or 6+ years of relevant experience and/or training, or equivalent combination of education and experience.

• Experience working with HUD multifamily and/or healthcare project loans.

Knowledge, Skills and Abilities

• Highly developed written and communication skills.

• Excellent interpersonal and customer service skills with strong work ethic to meet daily challenges of a fast-paced environment.

• Strong analytical skills, including use of all MS Office products, plus experience with database software and computer integration.

• Excellent organizational skills.

• Detail oriented and ability to multi-task

• Experience communicating with HUD.

• 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 bonus. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data.

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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.  We strive to be a safe place to ask questions, build professional relationships, and develop careers.

SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.

Fair Chance Hiring

Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.