Discover Financial Services

Senior Manager, Senior Counsel - Commercial Real Estate: Agency Finance (Hybrid)

$201K–$229KMcLean, VA
✓ Verified live on the employer's own system · added 6 days ago
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Mid-level · 5+ yrs exp

Requirements

Experience: 5+ years

Skills & tools

RecordkeepingManagementCommunicationsTeam LeadershipOperationsProcess Improvement
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Full job description

the opportunity to work on a wide-range of innovative and sophisticated transactions and projects with an exceptional group of legal and business professionals in a collaborative and supportive environment that values your insights.

- Providing legal support to Agency Finance as a trusted advisor and strategic partner to the transaction teams and other internal partners

- Partnering with Agency Finance business partners, Risk and Compliance to evaluate GSE and/or FHA program requirements and develop policies and procedures for compliance, monitoring and reporting

- Tracking and managing negotiation of sub-servicing documentation in connection with Freddie Mac securitizations and assist with interpretation of sub-servicing obligations for existing securitizations from an asset management and servicing perspective

- Engaging and overseeing outside legal counsel in an effective and efficient manner

- Partnering collaboratively with other internal counsel and business teams in the Commercial Bank and across the enterprise

- Advising Commercial Bank business partners on communications with external parties, including customers, regulators, partners, industry trade groups and outside law firms

- Providing thought and strategic leadership on relevant industry and regulatory developments

- Leading projects such as the development of negotiation guidelines and training sessions

- Partnering with the Operations team to drive process improvements

- At least 4 years of experience as an attorney in a law firm, at a government agency, as a military judge advocate or as in-house counsel

- At least 2 years of legal counsel experience focusing on multifamily agency finance transactions

- 5+ years of experience in a law firm, in-house legal department, or a combination with a focus on multifamily agency finance transactions (working with Fannie Mae and/or Freddie Mac related transactions)

- Working knowledge of commercial real estate lending issues involving title insurance, surveys, zoning, and flood, casualty/liability insurance

- Strong ability to quickly understand the business needs and partner with the business

This role is hybrid meaning associates spend 3 days per week in-person at one of our offices listed on this job posting.

McLean, VA: $200,700 - $229,100 for Sr. Manager, Sr. Counsel

New York, NY: $219,000 - $249,900 for Sr. Manager, Sr. Counsel

Richmond, VA: $182,500 - $208,300 for Sr. Manager, Sr. Counsel

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This posting was published by Discover Financial Services on their own careers system and is shown here with a direct link to apply there. Employers: for corrections or removal, contact jobs@veritahire.com.