[Hiring] Fannie Mae DUS Director II @Fifth Third Bank

Role Description

The Fannie Mae DUS Director II supports the agency lending platform focused on Fannie Mae Delegated Underwriting and Servicing (DUS) programs. The incumbent plays a critical role in executing strategic initiatives, managing underwriting and closing functions, and driving origination volume within the Fannie Mae business line. The position requires strong expertise in agency lending, multifamily finance, and client relationship management to ensure competitive positioning against alternative capital sources such as Freddie Mac, CMBS, Life Companies, Banks, and Credit Unions.

The Director II will work closely with senior leadership to achieve production goals, maintain high credit standards, and deliver exceptional client service. This role combines operational oversight with active involvement in origination and portfolio management.

Your Responsibilities:

• Partner with senior leadership to implement strategic initiatives and meet annual production targets.
• Collaborate with Fannie Mae Customer Engagement team on waiver requests, pricing, and transaction structuring.
• Oversee underwriting and closing functions to ensure alignment with origination goals and credit standards.
• Actively manage a portfolio of Fannie Mae and balance sheet loans, including permanent, construction, and bridge financing.
• Assist in vetting, sizing, and quoting new loan requests to improve turnaround times and deal capture rates.
• Maintain involvement in processing and closing of Fannie Mae loans to ensure collaboration and client satisfaction.
• Develop and maintain client, broker, and property-level databases to support pipeline stability.
• Cultivate internal referral relationships through communication and collaboration with branch networks and other departments.
• Support Relationship Managers with marketing, waiver/pricing requests, and asset management issues as needed.
• Monitor industry trends, regulatory changes, and competitive dynamics to inform business decisions.

Qualifications

• Undergraduate degree required; graduate degree preferred.
• 10+ years of experience in Banking, Finance, or related field.
• 7+ years of experience in multifamily agency lending, including Fannie Mae DUS programs.
• Strong credit training and underwriting expertise.
• Proven ability to manage complex transactions and loan portfolios.
• Excellent interpersonal, negotiation, and analytical skills.
• Ability to prioritize multiple tasks and meet deadlines.
• Demonstrated ability to build and maintain client relationships.

Requirements

• In-depth knowledge of Fannie Mae DUS program guidelines and agency lending processes.
• Strong credit analysis and underwriting skills for multifamily transactions.
• Ability to manage loan portfolios and support origination efforts.
• Leadership skills to guide underwriting and closing teams effectively.

Benefits

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities, and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

• Total Base Pay Range: 121,900.00 - 262,100.00 USD Annual.
• Eligible to participate in an incentive compensation plan, based on company, line of business, and/or individual performance.
• Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional, and social well-being.

Company Description

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other legally protected status.