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Product Management Advisor - Multifamily COO (Flexible Hybrid)

Company Description


At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

Job Description

As a valued contributor to our team, you will lead loan product initiatives that create or enhance mission impact, competitive advantage, risk position and responsiveness to the market. In this role you will engage with internal and external partners and manage stakeholders across Multifamily and be responsible for designing and implementing research and conducting data analysis to inform activities. 

THE IMPACT YOU WILL MAKE 

The MF COO - Product Development - Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities: 

  • Lead end-to-end design, development, and enhancements of loan products to meet market needs.  
  • Collaborate with team to investigate and determine the needs of the internal and external (i.e., lenders and borrowers) customer. 
  • Interpret customer and market insights to inform initiatives and apply a customer experience-driven approach to design or enhancement of loan products. 
  • Advise internal teams on promoting and selling Fannie Mae's loan products and services to ensure that customers are knowledgeable about the full product suite. 
  • Review existing product suite and advise on feature updates as needed. 
  • Provide subject matter expertise, best practices, and recommendations to the team. 

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM 

Minimum Required Experiences 

  • At least 6 years of relevant experience. 
  • Excellent written and verbal communication skills. Experience communicating complex ideas and processes to colleagues and stakeholders. 
  • Strong interpersonal and influencing skills, ability to effectively interact with multiple business units within the Multifamily organization, and strong customer relationship management skills. 
  • Self-motivated team player who has strong work ethic and demonstrates attention to detail. 
  • Ability to prioritize in a fast-moving environment with excellent management and business literacy skills. 
  • Aptitude to work on multiple projects simultaneously.  Able to manage time and resources to ensure work is completed efficiently and within established timeframes. 
  • Sound analytical skills. 

Desired Experiences 

  • Bachelor’s degree or equivalent. 
  • Product management, project management, or strategic planning designing products, developing product roadmaps, translating requirements, executing on research plans, etc. 
  • Knowledge of multifamily real estate or mortgage finance. 
  • Multifamily acquisition and development experience is a plus. 
  • Ability to navigate multiple systems, manage data and create reports.  
  • Skilled in the graphical representation of information to tell a compelling story. 
  • Able to work with individuals having a different functional expertise respectfully and cooperatively to work toward a common goal; including negotiating, persuading others, facilitating meetings, and resolving conflict 

Tools 
Skilled in Microsoft Office suite of products, particularly Excel, Word, and PowerPoint. 
Experience with equity or debt portfolio management software/systems (e.g. Salesforce, Yardi) is a plus. 

 
 

 

Additional Information

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee’s physical, mental, emotional, and financial well-being. See more here.

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Average salary estimate

$115000 / YEARLY (est.)
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What You Should Know About Product Management Advisor - Multifamily COO (Flexible Hybrid), Fannie Mae

Join Fannie Mae as a Product Management Advisor - Multifamily COO and make your mark in the housing finance sector! Here at Fannie Mae, we understand the transformative power of homeownership, and we're dedicated to creating access to fair, affordable housing. As a Product Management Advisor, you'll be instrumental in leading innovative loan product initiatives that foster mission-impact and competitive advantage. Your role will enable you to engage with a wide range of internal and external partners, ensuring that we are responsive to market needs. This position involves the exciting challenge of interpreting customer insights and applying them to enhance our offerings. You will collaborate with teams to investigate the needs of lenders and borrowers and lead the design and development processes for loan products. Monitoring existing products, advising on updates, and providing best practices and subject matter expertise are all part of your responsibilities. If you’re someone with strong analytical skills, excellent communication abilities, and a knack for navigating multiple projects simultaneously, this could be your dream job! Here, you’ll enjoy a flexible hybrid working environment that supports your work-life balance while giving you the opportunity to grow alongside dedicated colleagues. Ready to embrace this exciting role at Fannie Mae? Let’s craft the future of housing finance together!

Frequently Asked Questions (FAQs) for Product Management Advisor - Multifamily COO (Flexible Hybrid) Role at Fannie Mae
What are the responsibilities of the Product Management Advisor - Multifamily COO at Fannie Mae?

As a Product Management Advisor - Multifamily COO at Fannie Mae, your primary responsibilities include leading the design and development of loan products, collaborating with teams to assess customer needs, interpreting market insights, advising on product promotion, and providing best practices. You'll work closely with various stakeholders to drive initiatives that align with our mission and ensure a competitive edge in the market.

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What qualifications do I need to apply for the Product Management Advisor position at Fannie Mae?

To be considered for the Product Management Advisor - Multifamily COO role at Fannie Mae, candidates should possess at least six years of relevant experience, strong communication skills, interpersonal abilities, and self-motivation. A bachelor’s degree is desired, alongside familiarity with product management and strategic planning in the multifamily real estate or mortgage finance sector.

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What does the work environment look like for a Product Management Advisor at Fannie Mae?

At Fannie Mae, the work environment for the Product Management Advisor - Multifamily COO is flexible and hybrid, allowing employees to choose their working space while also encouraging in-person collaboration when necessary. This ensures a positive work-life balance and fosters a supportive team atmosphere.

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What skills are vital for success as a Product Management Advisor at Fannie Mae?

Essential skills for succeeding as a Product Management Advisor - Multifamily COO at Fannie Mae include strong analytical abilities, excellent written and verbal communication, proficiency in Microsoft Office, especially Excel, and the capability to manage multiple projects effectively. A sound grasp of customer relationship management and influencing skills will also significantly contribute to your success in this role.

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How does Fannie Mae promote diversity and inclusion for the Product Management Advisor role?

Fannie Mae is dedicated to fostering a diverse and inclusive workplace. As a Product Management Advisor - Multifamily COO, you'll find a welcoming environment where all qualified applicants are given equal consideration regardless of race, gender, or other legally protected statuses. The company prioritizes an inclusive work culture that values the contributions of every team member.

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Common Interview Questions for Product Management Advisor - Multifamily COO (Flexible Hybrid)
How do you approach product development for loan offerings in a competitive market?

When discussing your approach to product development, focus on your ability to analyze market needs, leverage customer feedback, and collaborate with cross-functional teams. Emphasize the importance of iterative processes and being responsive to changing market dynamics, demonstrating how you've successfully led product initiatives in the past.

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Can you describe a time you used data analysis to inform a product decision?

When answering this question, provide a specific example of how you collected and analyzed data to influence a product strategy. Highlight how your analysis led to measurable results, demonstrating your analytical skills and your ability to make data-driven decisions, especially in relation to loan products.

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What do you think is essential for maintaining strong relationships with stakeholders?

Successfully maintaining strong relationships with stakeholders involves effective communication, active listening, and gaining an understanding of their needs and concerns. Share your experiences in fostering collaboration and how you have built trust with stakeholders while positively influencing product decisions.

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How do you prioritize tasks in a fast-paced environment?

In a fast-paced environment, it's crucial to assess the urgency and impact of each task. Discuss how you use prioritization techniques, such as the Eisenhower Box or task prioritization matrices, to ensure that critical projects are completed efficiently while still managing workload effectively.

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What strategies do you employ to understand customer needs?

Explain your methodologies for understanding customer needs, such as conducting surveys, interviews, or focus groups. Emphasize the importance of empathy and advocacy for the customer in product development and how you've applied these insights to enhance products previously.

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Describe a challenging project you managed and how you overcame obstacles.

Detail a specific project that presented challenges, focusing on your problem-solving skills and strategic thinking. Discuss how you navigated conflicts, adjusted project timelines, and collaborated with your team to achieve successful results.

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What tools and technologies are you proficient in that would benefit this role?

Discuss your familiarity with tools relevant to product management, such as database management systems, project management software, and analytics tools. Providing examples of how you've used these tools to enhance product performance can show your technical competency.

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How do you ensure that the loan products you develop meet market demands?

It's important to base product development on thorough market research and customer feedback. Discuss your experience in assessing market trends and customer expectations, and how you incorporate these insights into your product development process to ensure alignment with market demands.

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What role does teamwork play in your approach to product management?

Emphasize the critical role of teamwork in product management. Share examples of how you have effectively collaborated with various teams, facilitated workshops, and promoted a culture of teamwork to drive successful results in product initiatives.

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How do you advocate for the customer during product development?

Discuss the significance of representing customer interests in product development. Provide examples of how you actively seek to understand the customer perspective and incorporate their feedback into product designs to enhance user experience.

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Fannie Mae’s mission is to facilitate equitable and sustainable access to homeownership and quality, affordable rental housing across America.

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Full-time, hybrid
DATE POSTED
March 13, 2025

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