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What are the key skills and qualifications needed to thrive in Multifamily Risk Management, and why are they important?

To excel in Multifamily Risk Management, you need expertise in real estate finance, property analysis, and risk assessment, typically supported by a degree in finance, business, or a related field. Familiarity with risk modeling software, property management systems, and industry certifications like ARM (Accredited Residential Manager) are valuable. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart. These competencies are critical for identifying, mitigating, and communicating potential risks to protect asset value and ensure regulatory compliance in multifamily housing portfolios.

What are common challenges faced in a Multifamily Risk Management role and how can they be addressed?

Professionals in Multifamily Risk Management often encounter challenges such as assessing diverse property risks, staying current with regulatory changes, and coordinating with multiple stakeholders like property managers, lenders, and insurance providers. Addressing these challenges requires strong analytical skills, clear communication, and ongoing education on industry standards and compliance. Building strong relationships with team members and external partners, as well as leveraging technology for risk assessment, can help streamline processes and mitigate potential issues.

What is multifamily risk management?

Multifamily risk management involves identifying, assessing, and mitigating potential risks that can impact multifamily properties, such as apartment complexes or condominiums. This includes addressing financial, operational, regulatory, and environmental risks to ensure the property's value and profitability are protected. Professionals in this field work to minimize losses from events like natural disasters, tenant issues, legal liabilities, and market fluctuations by implementing insurance strategies, compliance measures, and proactive maintenance plans.

What is the difference between Multifamily Risk Management vs Multifamily Underwriting?

AspectMultifamily Risk ManagementMultifamily Underwriting
Primary FocusIdentifying and mitigating risks related to multifamily property investments and operationsAssessing financial viability and determining loan or investment terms for multifamily properties
Required CredentialsRisk management certifications, property management experience, knowledge of insurance and safety protocolsFinancial analysis certifications, real estate licenses, underwriting training
Work EnvironmentProperty sites, insurance companies, risk consulting firmsBanking institutions, lending departments, real estate investment firms

While both roles involve multifamily properties, Multifamily Risk Management focuses on minimizing risks associated with property operations and safety, whereas Multifamily Underwriting concentrates on evaluating financial risks to determine loan or investment terms.

What are popular job titles related to Multifamily Risk Management jobs in Virginia? For Multifamily Risk Management jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Multifamily Risk Management jobs in Virginia look for? The top searched job categories for Multifamily Risk Management jobs in Virginia are:
What cities in Virginia are hiring for Multifamily Risk Management jobs? Cities in Virginia with the most Multifamily Risk Management job openings:
Multifamily Risk Management jobs near you
Infographic showing various Multifamily Risk Management job openings in Virginia as of May 2026, with employment types broken down into 10% As Needed, 60% Full Time, 14% Part Time, 3% Temporary, 10% Contract, and 3% Nights. Highlights an 64% Physical, 23% Hybrid, and 13% Remote job distribution.
Associate General Counsel- Multifamily Real Estate- Targeted Affordable Housing

Associate General Counsel- Multifamily Real Estate- Targeted Affordable Housing

Freddie Mac

Mclean, VA • On-site

Full-time

Posted 25 days ago

Job description

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:
Join Freddie Mac's Multifamily Real Estate Department - Targeted Affordable Housing (TAH) Group as an Associate General Counsel! In this dynamic role, you'll deliver expert legal guidance on a wide range of transactions and projects that drive our business forward.
We're looking for a talented attorney with commercial real estate finance experience who thrives in a fast-paced, collaborative team!
Our Impact:
TAH 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 Freddie Mac'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

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 Freddie Mac 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
  • Knowledge of multifamily affordable housing finance and the ability to negotiate resolution of related issues
  • Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed securities (CMBS)
  • Demonstrated general knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence

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

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.
Time-type:Full time
FLSA Status:Exempt
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.
This position has an annualized market-based salary range of $231,000 - $347,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
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About Freddie Mac

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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.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970

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