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Fannie Mae


Fannie Mae serves the people who house America. We are a leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets at all times. Our financing makes sustainable homeownership and workforce rental housing a reality for millions of Americans. We also help make possible the popular 30-year, fixed-rate mortgage, which provides homeowners with stable, predictable mortgage payments over the life of the loan. Our tools and resources help homebuyers, homeowners, and renters understand their housing options.

Headquarter Location:
Washington, District of Columbia

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Fannie Mae is hiring a Remote Commercial Insurance Risk and Compliance Lead Associate (Open to Remote)

Job Description

As a valued colleague on our team, you will contribute to assessing and identifying potential insurance risks that may threaten the reputation, safety, security, and/or the financial success of Fannie Mae. In this role, you will collaborate with internal and external stakeholders and external insurance industry experts to apply your extensive knowledge of insurance principles to minimize insurance-related risks, as well as support policy development for insurance risk. You will help develop and manage insurance requirements for multifamily properties and solve, sometimes, complex insurance-related problems. You will apply technical understanding of insurance principles, underwriting practices, and laws - both state and federal. You may be asked to lead projects as needed and mentor and coach less experienced team members.

THE IMPACT YOU WILL MAKE

The Commercial Insurance Risk and Compliance Lead Associate  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:

  • Serve as a Subject Matter Expert for Insurance and must research, identify, and analyze insurance market data trends and report on those findings; determine property and liability risks, controls, and appropriate mitigants associated with waiver requests; new and post purchase loans.
  • Provide professional verbal and written responses and feedback to questions, requests, and challenging insurance matters for internal and external stakeholders at various levels.
  • Train stakeholders on Fannie Mae insurance requirements.
  • Audit lender and servicers insurance compliance practices.
  • Partner with internal and external customers providing exceptional service.
  • Coach and mentor team Associates.
  • Assist Manager or Advisor as needed.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 4 years relevant experience

Desired Experience

  • Bachelor’s degree or equivalent
  • Insurance Industry experience – Commercial preferred (or 8 years insurance compliance account management, or Team Lead).
  • Proficient knowledge and understanding of insurance principles, risk analysis and controls.
  • Insurance industry designations or Property & Casualty License a plus.
  • Knowledge of mortgage finance industry (GSE, Lender, Servicer).
  • Leader and collaborator.
  • Independent thinker and decision maker.
  • Ability to work independently with little supervision.
  • Analytical thinker.
  • Must be able to multitask.
  • Excellent communication skills (negotiate, influence, conflict resolution).
  • Public speaking.
  • Excel, Microsoft Word, PowerPoint, SharePoint

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Fannie Mae is hiring a Remote Director - Operations Engineering (Flexible Hybrid)

Job Description

In this compelling leadership position, you will drive transformation, strategic enhancements, execution, and expansion of the Correction of Errors framework at Fannie Mae as well as lead enterprise-wide IT operations. This is a strategic and thoughtful leader role that will work closely with internal stakeholders and external service partners to ensure critical services and capabilities remain operational, secure and performant. This Director position reports to the Vice President of Operations Engineering and will be required to directly interact with senior leadership and various critical partners. This role will strive towards operational excellence, drive continuous improvement, and ensure that the organization's IT operations remain resilient. This key leadership position will play a pivotal role in ensuring the stability, efficiency, and strategic growth of our IT Operations. The ideal candidate will possess a strong background in IT operations engineering, observability, and strategic planning, coupled with exceptional leadership and communication skills. This role will lead and maintain a high performing team who will partner closely with stakeholders across the organization to ensure practices, policies and plans are pragmatic, effective and free from bias and discrimination in all its forms.

THE IMPACT YOU WILL MAKE
The Support and Tools - Operations Engineering - Director 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 strategy and direction and drive excellence in the IT Operations and Corrections of Errors functions.
  • Transform, enhance and expand the Correction of Errors framework and apply the learnings across the organization.
  • Develop and lead Correction of Errors team to ensure quality, consistency, and oversight by developing and maintaining correct methodologies, standards, and tools.
  • Lead the execution of FannieMae’s technology strategy and vision with an emphasis on delivering transformational change while using an agile organizational model to drive IT Operations objectives in alignment with overall Business and IT Strategy.
  • Align to management’s vision and goals on IT Operations and build strategy and plans around that; execute upon the same.
  • Prioritize the work of this team based on management guidance on strategic and tactical deliverables
  • Manage budgets, annual program agendas, and recovery improvement metrics.
  • Oversee the health of our production environments through operational leadership of our external and cloud technology platforms
  • Implement processes and procedures that increase cloud service reliability and continually improve SLA
  • Leverage data analytics to identify trends, patterns, and anomalies in system behavior, providing actionable insights for continuous improvement.
  • Implement machine learning and artificial intelligence solutions to enhance predictive analysis and proactive issue resolution.
  • Bring in a SRE/DevOps/Observability mindset to the IT operations and Correction of Errors space.
  • Stay abreast of industry trends, emerging technologies, and best practices in observability, tracing, SRE and IT Operations to drive innovation within IT Operations
  • Partner with stakeholders across the enterprise on accountability for measuring KPI’s, activities and performance.
  • Investigate opportunities for automation in the IT Operations and Correction of Errors space and utilize the automation team members to deliver on the same.
  • Develop and implement an Operational Excellence strategy to accomplish cost leadership by focusing on automating processes and workloads to streamline operations and reduce cost.
  • Execute select strategic innovation initiatives as directed by the leadership.
  • Ensure that all regulatory and auditing guidelines are followed, and solid business practices are implemented.
  • Utilize technical knowledge and skills to effectively translate the unique needs and requirements of the technology organization into project/program objectives, roadmaps, and activities
  • Create and foster the use of process standards and templates (e.g., project intake, project charter, project kick-off, requirements creation, user acceptance, status reports, meeting agenda, project schedule and release plan, product backlog, issue/risk logs, retrospectives, user stories, etc.) and facilitate the capture of product and project documentation as needed throughout the project lifecycle.
  • Create, structure, and direct analyses as required, supported by hypotheses, collecting data, executing analyses, and synthesizing findings
  • Create and conduct regular reviews with IT management, functional management, and executives such that key projects are tracking to defined objectives and key performance indicators and maintain stakeholder alignment
  • Proactively manage the risk, issue, and change resolution process, and work with other leaders to take corrective action as needed.
  • Develop and manage standardized and highly efficient technology services; ensure reliability and scalability of infrastructure in a dynamic environment.
  • Establish and maintain key performance indicators (KPIs) to measure the effectiveness of IT operations and observability efforts.
  • Monitor environments and recommend additional controls and governance.
  • Ensure all technology practices adhere to IT, Information Security, compliance, and regulatory standards and controls.
  • Establish collaborative working relationships with outside vendors, which will help to enhance service delivery capabilities
  • Perform all departmental administrative activities, including staff meeting attendance, monthly status reporting, budgeting, strategic planning, staff performance management, expense processing, documentation and other activities, as assigned, in a timely fashion.
  • Partner with other Architecture, Engineering and Information security teams to monitor emerging cloud and infrastructure technologies risks.
  • Develop and manage a world-class team
  • Provide strong leadership with a focus on attracting, motivating, and developing best-in-class talent. Mentor and coach teams to develop future leaders in alignment with company objectives.
  • Balance both leading a team and engaging directly with the work needed to accomplish objectives.
  • Assist direct reports with ongoing prioritization and resource allocation to ensure that the crucial business initiatives are delivered.
  • Utilize leadership skills, problem solving and decision-making skills to facilitate and encourage participation of team members to meet objectives in congruence with approved standards and guidelines.
  • Be a leader that continually raises the bar for others.
  • Champion and advocate for the value of diversity, equity and inclusion
  • Use a lens of equity in establishing and promoting policies and procedures.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

 

Qualification and Skills –

  • Bachelor's degree in Computer Science, Information Technology, or a related field; or an equivalent combination of education and work experience.
  • 8+ years of management experience in Information technology with expertise in any two from this list - IT operations, Cloud technologies, Command Center, observability, infrastructure, security and technical architecture; 5+ years of experience with managing large teams.
  • 5-7 years of experience with AWS and traditional infrastructure (compute, storage, networking, database, middleware) and ITSM operations frameworks (ITIL, MOF, COBIT, etc).
  • Excellent understanding of at least 8 of the following - AWS EC2, Lambda, Beanstalk, ECS, CloudTrail, CloudWatch, Systems Manager, VPC, CloudFront, ALB, Neptune, RDS, Redshift, Aurora, Glue.
  • Proven experience (5 years) managing IT operations.
  • Experience with Splunk, Dynatrace, Cloudwatch, Moogsoft or similar tools is preferred.
  • 5+ years designing and leading IT PMO processes and tool adoption, technology strategic planning and budgeting, portfolio management using various methodologies preferred.
  • Professional AWS cloud certification preferred.
  • Proven experience leading 24 x 7 IT/Cloud Operations team across a variety of *aaS architectures and associated operations in a matrixed, cross-functional organization.
  • Advanced knowledge and experience defining, implementing, and managing ongoing portfolio management, strategic planning, program management, and IT Governance processes.
  • Thorough understanding of ITIL processes related to incident management, problem management, application life cycle management, operational health management.
  • In-depth knowledge of IT infrastructure, observability tools, data analytics, and incident management processes.
  • Strong understanding of cloud platforms, microservices architecture, and containerization.
  • Strong strategic thinking and planning skills with the ability to align IT initiatives with business objectives.
  • Excellent writing, communication and interpersonal skills, with the ability to engage with stakeholders at all levels.
  • Proven ability to communicate effectively with C level executives.
  • Demonstrated experience in team management and development.
  • Strong business acumen and relationship management skills.
  • Ability to transform business processes using BPA, RPA, or other technology-enabled automation.
  • Ability to anticipate user requirements and identify and resolve complex problems.
  • Demonstrated experience in effectively managing multiple projects of various size from small to enterprise utilizing various methods (waterfall, agile) in a cross-functional environment.
  • Ability to attract, foster and retain exceptional talent necessary and build effective operation teams
  • Demonstrable skills and ability to develop practical solutions to address complex technological and organizational challenges.
  • Skilled in defining meaningful and achievable Service Level Agreements (SLAs).
  • Cultivate and maintain positive, collaborative and productive working relationships across all internal and external stakeholders
  • Capacity and agility to digest new information quickly, and apply existing knowledge to make connections across different areas and identify key areas to explore.
  • Excellent skills in analyzing and depicting patterns and trends from data collected from multiple sources.
  • Full knowledge and experience with current stack of cloud technologies (especially AWS), latest security and regulatory requirements.
  • Excellent skills in monitoring, tracing, profiling, and diagnosing distributed software services, system internals, databases, and transactions with inherit ability to quickly grasp and logically resolve complex technical issues.
  • The group of skills related to Business Resilience including managing crisis events, assessing business impact, and planning and managing business continuity.
  • The group of skills related to Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring.
  • Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data.
  • Experience identifying measures, or indicators of system performance, and the actions needed to improve or correct performance to achieve desired outcomes.
  • Working with people with different functional expertise respectfully and cooperatively to work towards a common goal
  • The group of skills related to Governance and Compliance including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc.
  • Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • The group of skills related to Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict.
  • Organized and detail-oriented with the ability to meet deadlines in a fast-paced environment
  • Experience in the Fintech or Financial Services vertical highly desired
  • Results oriented with a high degree of resilience and perseverance.
  • Proactive, able to anticipate obstacles and develop plans that deliver results.
  • Proven ability to analyze, integrate, recommend, contribute to the development of conceptual plans for, and lead implement of, strategic, process, and team improvement and change initiatives cross-functionally.
  • Demonstrated situational leadership and creative problem solving within department and teams.
  • Strategic thinking, executive presence, sound judgment, and ability to influence executives
  • Team ethic, high standards, and the drive to do whatever it takes
  • Attitude of transparency: desire and ability to bring disclosure and transparency across teams and grow trust between the various different stakeholders
  • Experience using JIRA
  • Experience using Microsoft Project
  • Skilled in ServiceNow

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Fannie Mae is hiring a Remote SF Collateral Risk - Risk Management - Senior Manager of Project Standards (Open to Remote)

Job Description

As a valued leader on our team, you will manage a team of professionals responsible for Single Family condominium and cooperative project eligibility determinations, due diligence activities, and responding to industry inquiries regarding project eligibility in a timely and accurately. You will partner with internal stakeholders and vendors to drive efficiency and quality in the condo and co-op project review and inquiry management process. You will collaborate with leadership in the development and implementation of strategic plans for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as work with team members and leadership to communicate and collaborate with key stakeholders across the enterprise.

THE IMPACT YOU WILL MAKE
The SF Collateral Risk - Risk Management - Senior Manager for Project Standards 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 the team responsible for managing Single Family condominium and cooperative project risk review and inquiry management activities within a high-volume, complex and changing environment.
  • Manage vendor and partner relationships to drive divisional risk management goals and strategies for condo and co-op eligibility.
  • Manage team efforts to evaluate and report project eligibility status and its risk to the enterprise.
  • Manage condominium and co-operative data, records, processes and reporting to reduce risk using rigorous analysis to meet or exceed quality, compliance, production, and service level goals in a matrix-managed environment.
  • Collaborate with technology partners and business process teams to drive innovations to improve internal and external processes for managing condo and coop project eligibility.
  • Document policies, procedures, process maps, resolutions and control guidelines.
  • Manage others to review and implement business strategies and make decisions that will drive success in the face of shifting industry behaviors and regulations.
  • Partner with internal stakeholders to deliver communications and training to industry partners on policies, processes, and technology.
  • Provide subject matter expertise concerning project eligibility and risk to internal and external stakeholders and resolve complex eligibility escalations from internal and external partners. This may include formal written responses, memos, other documentation.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

  • 6 years of Experience
  • Experience managing Single Family GSE condominium and co-operative Selling and Servicing Guide requirements, including provisions related to master insurance policies, in a large financial or mortgage organization
  • Prior experience managing mortgage operational or underwriting teams which may include call center and/or inquiry management activities with cross-functional teams in a matrix-managed environment
  • Track record of using data and analytics to drive risk decisions, improve data and records management, design operational workflows, and manage billing and budgetary processes
  • Vendor management, including sourcing, production management, and quality control
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Prior experience regulatory, governance and quality control experience related to mortgage eligibility and underwriting
  • Prior experience with credit risk, loan quality analysis, operational risk or risk assessment and risk management
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Strong communication skills, both written and verbal


Desired Experiences

  • Bachelor degree or equivalent
  • 10 years related experience with 5 years managing teams
  • Primary mortgage market experience preferably with residential condominium and co-operative project underwriting experience that includes review of budgets and financial statements, engineering and inspection reports, project legal documents, litigation documentation, and other legal documents
  • Co-operative project loan origination and servicing procedures
  • Experience managing complex escalations concerning mortgage eligibility with external partners and regulators, including providing written responses to industry stakeholders
  • Experience driving operational process improvements and efficiency in a high-volume operations environment
  • Experience developing and implementing training materials and engagements for mortgage professionals, including in-person training, on-demand courses, and virtual training sessions
  • Experience managing relationships with a diverse set of industry stakeholders
  • Technology skills: Fannie Mae Condo Project ManagerTM, Salesforce, Excel, PowerPoint, RiskWorks, Confluence, SharePoint, JIRA, Tableau

 

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Fannie Mae is hiring a Remote Multifamily Credit Underwriting and Operations - Advisor (Open to Remote)

Job Description

In this position, you will be accountable for assessing and identifying potential risks that may lead to operational, reputational, financial and credit risks, as well as communicate and collaborate with key stakeholders across Multifamily and the Multifamily Enterprise Risk Management team. This position will serve as a key member of the Multifamily Credit Underwriting team with primary responsibly for governance activities associated with the pre-acquisition process for multifamily loans.

THE IMPACT YOU WILL MAKE

The Multifamily Credit Underwriting and Operations - 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:

Approximately 50% of responsibilities will be focused on governance activities:

  • Responsible maintaining governance activities by creating and maintaining procedures and internal credit guidance of the Multifamily Credit Underwriting business.
  • Build out oversight framework to enhance ability to address and mitigate challenges of the Multifamily Credit Underwriting business by updates to underwriting requirements and standards published in the Multifamily Selling and Servicing Guide.
  • Manage Internal Audits and remediation of issues identified.
  • Lead collaboration efforts across teams to identify and evaluate the risks of pre-acquisition of new transactions, business activities and programs for Multifamily Credit Underwriting business.
  • Serve as subject matter expert to internal stakeholders as it relates to Multifamily Credit Underwriting business activities and trends.
  • Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.

Approximately 50% of responsibilities will be focused on transaction review:

  • Advise on potential risks and costs involved with providing services to a customer.
  • Analyze the risks and costs of a lending decision and make recommendations on process improvement related to decision process.
  • Advise on process related to issuance of the securities or other financial loans to the customer.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 6 years related experience
  • Multifamily and GSE loan structuring experience
  • Familiarity with the Multifamily Selling and Servicing Guide
  • Prior experience performing financial and trend analysis and reporting findings
  • Prior experience with credit risk, loan quality analysis, or risk assessment and risk management
  • Prior regulatory, compliance or governance experience
  • Loan Management including evaluating loan requests, classifying loans, identifying fraud, originating loans, etc.
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Strong communication skills, both written and verbal
  • Advanced Excel and PowerPoint skills

Desired Experience

  • 12 years related experience
  • Bachelor degree or equivalent; Master degree preferred

 

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Fannie Mae is hiring a Remote VP & Head of Balance Sheet Market Risk Oversight (Flexible Hybrid)

Job Description

The VP & Head of Balance Sheet Market Risk Oversight reports to the SVP, Chief Market & Liquidity Risk Management Officer. This leader manages the Balance Sheet Market Risk Oversight group within Market & Liquidity Risk Management and sits in the Enterprise Risk Management (ERM) organization. This role is responsible for leading a team in the independent oversight of Fannie Mae's balance sheet market risk management activities via identifying, assessing, mitigating and monitoring the residual exposures, including the interest rate and spread risk components. The team also partners with the company's modeling and analytics resources to develop and monitor methodologies, models, and risk metrics to measure market risk exposures. The successful candidate must possess extensive experience in financial institution balance sheet market risk management and strong analytical and modeling skills. Finally, this VP must bring a collaborative spirit and approach in order to work effectively with all three lines of defense and aim to achieve the best risk management outcome. 

THE IMPACT YOU WILL MAKE

The VP & Head of Balance Sheet Market Risk Oversight 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:

  • Determining and developing appropriate risk metrics and associated limits and thresholds to identify and assess balance sheet market risk exposures. 
  • Establishing effective processes to monitor and report market conditions, balance sheet activities, positions and market risk exposures.
  • Leading independent review and assessment on the first line's balance sheet market risk management practice and results. 
  • Leading independent review and assessment on Company's capital stress test program in relation to balance sheet market risk exposures. 
  • Leading prompt reporting of balance sheet market risk to ERM.
  • Business management, governance and escalating of significant balance sheet issues.
  • Overseeing proper balance sheet market risk policy and limits and making prompt adjustments in response to market and economic condition changes.  
  • Building up the general analytics capacity within the Market & Liquidity Risk Management function. 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

  • 15+ years of extensive experience in complex financial services industry, with progressive working experience in Market Risk and/or Balance Sheet Risk Management.
  • A minimum of 10 years of leadership experience.
  • Thorough and deep understanding of market and liquidity risk as part of an organization’s overall risk exposure as well as experience developing risk limits and evaluating and assessing risk appetite.
  • An understanding of interest rate risk and ideally the mortgage industry/business.
  • Strong executive communication and influencing skills; a proven record of building strong relationships across a large, complex organization.
  • Demonstrated experience and ability to build, develop and motivate high performing teams to execute strategy and goals.
  • Subject matter expertise in the following areas:
    • Balance Sheet Finance and Modeling
    • Financial Mathematics and Engineering
    • Market and Model Risk Management
    • Basel and U.S. Regulatory Framework
  • Bachelor's degree required, preferably in STEM program or a related field; Master's degree, or higher, preferred.

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Fannie Mae is hiring a Remote Model Validation - Advisor (Open to Remote)

Job Description

THE IMPACT YOU WILL MAKE
The Model Validation - 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:

  • Assist team in the identification and reporting of existing and emerging model risks that stem from business activities, internal processes, and changes in the financial services industry, regulatory compliance, or other external environmental factors.
  • Work closely with relevant stakeholders to understand all aspects of the workflow processes managed for model validation, model performance monitoring, and model issue management and generate recommendations for identified patterns.
  • Ensure risks associated with business activities are effectively identified, measured, monitored, reported, mitigated, and controlled.
  • Participate in producing qualitative and quantitative analyses for project management and executive-level reports to provide a strategic view of model risk to key stakeholders; design, implement, and maintain an inventory of processes, controls, metric framework and dashboards supporting portfolio and business process assessments.
  • Collaborate on technology solutions to facilitate accurate and comprehensive data capture for compilation, processing, and interpretation required in regular and ad hoc reporting to stakeholders, executive leadership teams, and regulators. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives.
  • Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques. Oversee ad hoc quantitative analyses, modeling, or programming using Tableau, SAS, SQL, R, or Python.
  • Participate in fostering a culture of continuous improvement and quality excellence.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

  • 6 years in model governance, validation, reporting or development
  • Excellent oral and written communication; experienced at presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Communication including communicating in writing or verbally, copywriting, planning and distributing communication, etc.
  • Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas
  • Adept at engaging with leadership and key stakeholders to drive consensus and action, including the ability to explain technology solutions and processes in business terms
  • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Excellent analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines.
  • Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal
  • Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking
  • Expertise in quantitative analytics applied to one or more areas within credit, interest rate, counterparty credit risk, and/or fixed income valuation in the financial services industry
  • Expertise in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)
  • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI

Desired Experiences:

  • Bachelor degree or equivalent; Master degree preferred
  • Experience in Governance and Compliance including interpretation of policies, evaluating compliance, creating and enforcing standards and controls, etc.
  • Determining causes of operating errors and taking corrective action
  • Experience with reporting platforms, including Tableau, Excel, and PowerBI
  • Proficiency in programming languages such as SAS, SQL, R, or Python
  • Experience related to Learning and Training including conducting, developing, and evaluating training, instructional design, and learning management systems

Skills

  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Programming including coding, debugging, and using relevant programming languages
  • Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI
  • The group of skills related to Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
  • Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data
  • Focused experience in artificial intelligence (AI), including machine learning and natural language processing (NLP)
  • Expertise in using statistical methods, including: developing and testing hypotheses, using experimental design, and running linear and logistic regressions
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance
  • Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
  • Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
  • Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Skilled in cloud technologies and cloud computing
  • Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives

Tools

  • Skilled in SAS
  • Skilled in Tableau
  • Skilled in Excel
  • Skilled in R Language Programming
  • Skilled in C++
  • Skilled in ThoughtSpot
  • Skilled in Python object-oriented programming

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Fannie Mae is hiring a Remote Lead Model Reviewer (Open to Remote)

Job Description

As a valued colleague on our team, you will act as team lead while conducting theoretical and empirical research with public and proprietary data in all areas of the mortgage finance business. This may include mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing. In this role, you will support a robust quality assurance framework to uphold high standards of quality in our model validation process. Additionally, you will coach and mentor team members.

THE IMPACT YOU WILL MAKE
TheQuality Assurance - Quantitative Modeling - Lead Associate 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 teams in assessing compliance with Model Governance through reviews against internal policies, standards, and procedures and regulatory guidance
  • Lead coordination of quality assurance reviews and other quality assurance-related program elements across model risk governance teams and stakeholders
  • Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives. Conduct ad hoc quantitative analyses, modeling, or programming using SAS, SQL, R, or Python.
  • Contriute in defining and maintaining comprehensive program metrics and key performance indicators
  • Communicate complex technical subject matter clearly and concisely, both verbally and through written communication, such as white papers, review reports, or workpapers to department leadership and teams.
  • Foster a culture of continuous improvement and quality excellence.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Skills and Experiences

  • 4 years in model governance, model validation, or model development
  • Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking
  • Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal
  • Experience in quantitative analytics applied to one or more areas within credit, interest rate, counterparty credit risk, and/or fixed income valuation in the financial services industry
  • Analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines.
  • Experience presenting information and/or ideas to an audience in a way that is engaging and easy to understand

Desired Skills and Experiences

  • Bachelor degree or equivalent
  • Experience in Governance and Compliance including interpretation of policies, evaluating compliance, enforcing standards and controls, etc.
  • Experience in Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • Experience in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)
  • Determining causes of operating errors and taking corrective action
  • Experience with reporting platforms, including Tableau, Excel, or PowerBI
  • Proficiency in programming languages such as SAS, SQL, R, or Python
  • Experience in managing project plans, resources, and people to ensure successful project completion
  • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Adept at engaging with leadership and key stakeholders to drive consensus and action, including the ability to explain technology solutions and processes in business terms

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Fannie Mae is hiring a Remote Multifamily Underwriting Compliance and Operations - Advisor (Open to Remote)

Job Description

In this position, you will be accountable for assessing and identifying potential risks that may lead to operational, reputational, financial and credit risks, as well as communicate and collaborate with key stakeholders across Multifamily and the Multifamily Enterprise Risk Management team. This position will serve as a key member of the Multifamily Credit Underwriting team with primary responsibly for governance activities associated with the pre-acquisition process for multifamily loans.

THE IMPACT YOU WILL MAKE

The Multifamily Underwriting Compliance and Operations - 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:

Approximately 50% of responsibilities will be focused on governance activities:

  • Responsible maintaining governance activities by creating and maintaining procedures and internal credit guidance of the Multifamily Credit Underwriting business.
  • Build out oversight framework to enhance ability to address and mitigate challenges of the Multifamily Credit Underwriting business by updates to underwriting requirements and standards published in the Multifamily Selling and Servicing Guide.
  • Manage Internal Audits and remediation of issues identified.
  • Lead collaboration efforts across teams to identify and evaluate the risks of pre-acquisition of new transactions, business activities and programs for Multifamily Credit Underwriting business.
  • Serve as subject matter expert to internal stakeholders as it relates to Multifamily Credit Underwriting business activities and trends.
  • Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.

Approximately 50% of responsibilities will be focused on transaction review:

  • Advise on potential risks and costs involved with providing services to a customer.
  • Analyze the risks and costs of a lending decision and make recommendations on process improvement related to decision process.
  • Advise on process related to issuance of the securities or other financial loans to the customer.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 6 years related experience
  • Multifamily and GSE loan structuring experience
  • Familiarity with the Multifamily Selling and Servicing Guide
  • Prior experience performing financial and trend analysis and reporting findings
  • Prior experience with credit risk, loan quality analysis, or risk assessment and risk management
  • Prior regulatory, compliance or governance experience
  • Loan Management including evaluating loan requests, classifying loans, identifying fraud, originating loans, etc.
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Strong communication skills, both written and verbal
  • Advanced Excel and PowerPoint skills

Desired Experience

  • 12 years related experience
  • Bachelor degree or equivalent; Master degree preferred

Fannie Mae is primarily a hybrid company. We embrace flexibility for our employees while providing office space for in-person work and collaboration. This role is classified as Hybrid. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.

 

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Fannie Mae is hiring a Remote Principal - Multifamily Credit Risk Internal Audit (Open to Remote)

Job Description

In this highly visible leadership position, you will be responsible for providing expertise and thought leadership across a range of risk topics, which will play a key role in guiding our audit strategy for the Multifamily line of business.

THE IMPACT YOU WILL MAKE

The Principal, Multifamily Credit Risk Internal Auditrole 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:

  • Provide subject matter expertise and strategic direction for auditing the Multifamily line of business and other credit risk related areas in Fannie Mae (e.g., Single Family, ERM), influencing the audit approach to address emerging risks, and developing audit hypotheses on existing processes and emerging risks.
  • Serve as a key expert and advisor to the Chief Audit Executive and audit teams regarding credit risk management, commercial real estate underwriting, deal review and performance monitoring, and fraud risk controls.
  • Solves complex, undefined problems by applying specialized expertise to develop innovative solutions that impact the audit approach.
  • Mentors and develops others, enhancing technical expertise and influence within the team.
  • Provide critical support for remediation initiatives, leveraging expertise.
  • Establish high impact relationships with key members of management, regulators, and external auditors. 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 8+ years’ working experience in audit, control, or risk roles and/or public accounting
  • Expertise in credit risk management and commercial real estate
  • Working experience in large multi-national financial institutions (e.g., SIFI) with detailed understanding of the policies, processes and risks within a wide variety of functional areas, and their impact on the business control environment
  • Excellent verbal and written communication skills 

Preferred Experience  

  • Knowledge of mortgage industry and relevant financial products 
  • Experience dealing with time sensitive enterprise-wide remediation projects and providing real time feedback on the remediation actions and progress 
  • Must understand how businesses operate in general; must be able to learn new methods and technologies easily  

Leadership Skills 

  • Team player who can collaborate with peers effectively 
  • Adept at working with individuals having a different functional expertise respectfully and cooperatively while working toward a common goal 
  • Proficient written and oral communication skills, particularly the ability to deliver complex technical information to diverse audiences in a meaningful way 
  • Bring insight to stakeholders (including our regulators) through audit deliverables and real time feedback during governance meetings and ad hoc discussions. Demonstrate the ability to build trust and credibility. 

Education 

  • Bachelor’s degree in Accounting, Management, Finance, Business or related major 

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Fannie Mae is hiring a Remote Model Validator Lead Associate - (Open to Remote)

Job Description

As a valued colleague on our team, you will validate models through conducting theoretical and empirical research with public and proprietary data in all areas of the mortgage finance business. This may include mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing.

THE IMPACT YOU WILL MAKE
TheModel Validator Lead Associate 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:

  • Produce model validation reports, and initial/ongoing assessments of models, evaluating performance-in-use and whether changes in the environment are creating increased model risk that needs to be mitigated.
  • Apply advanced skill, knowledge, and/or experience to complete model validation projects aligned with established company policies and industry-wide modeling practices.
  • Contribute to developing validation or testing strategies and assessing the quality and risk of model methodologies, outputs, and processes and applying understanding of relevant business context to interpret model results, monitor performance, and assess risks.
  • Communicate technical subject matter clearly and concisely to department leadership and teams.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

  • Bachelor's degree in a quantitative field
  • 4 years in model development or validation in the financial industry
  • Ability to program using R and Python
  • Skills in technical writing

Desired Experiences:

  • Advanced degree (Ph.D. or Masters) in a quantitative field such as Computer Science, Statistics, Biostatistics, Economics (with an Econometrics emphasis), Applied Finance, or Applied Mathematics
  • Experience in SAS or SQL
  • Knowledge of risk management governance (lines of defense)

 Skills:

  • Proficiency in the mathematical, statistical, and computer science techniques used in model development
  • Ability to understand business contexts which create a need for models to support operations, often embedded within software applications used in business processes
  • Fast-learning, building on a strong foundation of knowledge to continuously learn new techniques for building and managing model risks well
  • Communicating technical subject matter clearly and concisely, both verbally and through well-written communications including Assessment Reviews and Validation Reports

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Fannie Mae is hiring a Remote Advisor, Internal Audit – Credit Risk Multifamily (Flexible Hybrid)

Job Description

As a valued contributor on our team, you will advise on examining and analyzing accounting and operational records, and determine financial status, efficiency, and effectiveness of operating and reporting procedures.

THE IMPACT YOU WILL MAKE
The Multifamily - Internal Audit - 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:

  • Provide subject matter expertise for auditing the Multifamily line of business and other credit risk related areas in Fannie Mae (e.g., Single Family, ERM), influencing the audit approach to address emerging risks, and developing audit hypotheses on existing processes and emerging risks.
  • Serve as an expert and advisor to the audit teams regarding credit risk management, commercial real estate underwriting, deal review and performance monitoring, and fraud risk controls.
  • Solves complex, undefined problems by applying specialized expertise to develop innovative solutions that impact the audit approach.
  • Mentors and develops others, enhancing technical expertise and influence within the team.
  • Provide critical support for remediation initiatives, leveraging expertise.
  • Support customers and team by proactively advising on operating standards, processes, and procedures.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

  • 6 years of experience in risk, audit or control roles and/or public accounting
  • Knowledge of credit risk management and commercial real estate
  • Excellent verbal and written communication skills 


Desired Experiences

  • Bachelor degree  or equivalent
  • Knowledge of mortgage industry and relevant financial products 
  • Experience dealing with time sensitive enterprise-wide remediation projects and providing real time feedback on the remediation actions and progress 
  • Working experience in large multi-national financial institutions (e.g., SIFI) with detailed understanding of the policies, processes and risks within a wide variety of functional areas, and their impact on the business control environment.
  • Must understand how businesses operate in general; must be able to learn new methods and technologies easily.  

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Fannie Mae is hiring a Remote Deputy General Counsel - Senior Director Enterprise Legal (Remote)

Job Description

As a valued contributor to our team, you will manage and consult with team members and management to provide core legal counsel and services to the business, as well as utilize your legal training and experience to guide the Company's business. In this role, you will be advising the Company on a variety of complex legal matters and projects related to privacy and cybersecurity. You will provide legal counsel to management regarding corporate initiatives, and/or legal concerns to assess legal risks to the Company and propose plans of action to address or minimize those risks. 

THE IMPACT YOU WILL MAKE

The Deputy General Counsel - Senior Director Enterprise Legal 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:

  • Provide legal advice and strategic expertise to the Enterprise’s business teams regarding data privacy, cybersecurity, and transactions.
  • Serve as trusted advisor to the Vice President, Deputy General Counsel Data, Technology, & Transactions, and business partners throughout the organization.
  • Stay current on changes and developments in privacy, cybersecurity, and emerging technology (including AI/ML) laws, regulations, standards, and guidance related to their use.
  • Advise and assist in negotiating agreements related to technology products and services, privacy, data protection, and cybersecurity.
  • Contribute to policy and advocacy efforts including policy, standard and procedure reviews.
  • Lead, motivate, and develop a high-performing team of legal professionals.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 8 years of relevant legal experience, ideally working in a corporation’s legal department and/or at a reputable law firm.
  • Thorough understanding of and working experience with legal and regulatory requirements relating to privacy, cybersecurity, transactions, and emerging technology relevant to the financial services industry.
  • Demonstrated experience in providing legal support and strategic advice to senior-level management.
  • Excellent interpersonal skills, including the ability to work effectively across various levels and business functions.
  • A track record of leading, mentoring, and developing strong legal teams and growing talent.
  • Manage outside counsel effectively.
  • Juris Doctorate from an ABA-approved law school and active member of the Bar.

Desired Experience

  • Strong analytical, problem-solving, and project management skills.
  • Excellent verbal, interpersonal, organizational, influencing, and negotiation skills.
  • Excellent presentation and advocacy skills with the ability to summarize and simplify complex topics and provide clear options.
  • Ability to collaborate, persuade, and coordinate with multiple parties (internal and external).
  • Experience with incident preparedness, management, and response.
  • International Association of Privacy Professionals (IAPP) or information security certification (e.g., GISF, GSEC, GLEG) preferred. 
  • Experience with information security standards, frameworks (e.g., SOC, NIST, ISO).

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Fannie Mae is hiring a Remote Model Risk Reporting Director (Open to Remote)

Job Description

As a valued leader on our team, you will manage the work of a team responsible for evaluating operations and compliance in the oversight of the theoretical and empirical research in all areas of mortgage finance business, including mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing. In this role, you will establish, manage, oversee, and perform analytics and reporting functions supporting model governance and risk management.


THE IMPACT YOU WILL MAKE
The Model Risk Reporting Director (Open to Remote) 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:

  • Direct teams in the identification and reporting of existing and emerging model risks that stem from business activities, internal processes, and changes in the financial services industry, regulatory compliance, or other external environmental factors.
  • Work closely with relevant stakeholders to understand all aspects of the workflow processes managed for model validation, model performance monitoring, and model issue management and generate recommendations for identified patterns.
  • Ensure risks associated with business activities are effectively identified, measured, monitored, reported, mitigated, and controlled.
  • Produce qualitative and quantitative analyses for project management and executive-level reports to provide a strategic view of model risk to key stakeholders; design, implement, and maintain an inventory of processes, controls, metric framework and dashboards supporting portfolio and business process assessments.
  • Collaborate on technology solutions to facilitate accurate and comprehensive data capture for compilation, processing, and interpretation required in regular and ad hoc reporting to stakeholders, executive leadership teams, and regulators. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives.
  • Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques. Oversee ad hoc quantitative analyses, modeling, or programming using Tableau, SAS, SQL, R, or Python.
  • Build, develop, and motivate a high performing team.
  • Foster a culture of continuous improvement and quality excellence.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

  • 8 years in model validation or model development
  • Expertise in quantitative analytics applied to one or more areas within credit, interest rate, counterparty credit risk, and/or fixed income valuation in the financial services industry
  • Expertise in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)
  • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI
  • Excellent oral and written communication; experienced at presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas
  • Adept at engaging with leadership and key stakeholders to drive consensus and action, including the ability to explain technology solutions and processes in business terms
  • Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring
  • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Excellent analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines.
  • Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking


Desired Skills and Experiences:

  • Bachelor degree or equivalent; Master degree preferred
  • Experience in Governance and Compliance including interpretation of policies, evaluating compliance, creating and enforcing standards and controls, etc.
  • Experience in Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • Determining causes of operating errors and taking corrective action
  • Experience with reporting platforms, including Tableau, Excel, and PowerBI
  • Proficiency in programming languages such as SAS, SQL, R, or Python
  • Experience related to Learning and Training including conducting, developing, and evaluating training, instructional design, and learning management systems

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Fannie Mae is hiring a Remote Advisor, Internal Audit – Credit Risk Multifamily (Open to Remote)

Job Description

As a valued contributor on our team, you will advise on examining and analyzing accounting and operational records, and determine financial status, efficiency, and effectiveness of operating and reporting procedures.

THE IMPACT YOU WILL MAKE
The Multifamily - Internal Audit - 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:

  • Provide subject matter expertise for auditing the Multifamily line of business and other credit risk related areas in Fannie Mae (e.g., Single Family, ERM), influencing the audit approach to address emerging risks, and developing audit hypotheses on existing processes and emerging risks.
  • Serve as an expert and advisor to the audit teams regarding credit risk management, commercial real estate underwriting, deal review and performance monitoring, and fraud risk controls.
  • Solves complex, undefined problems by applying specialized expertise to develop innovative solutions that impact the audit approach.
  • Mentors and develops others, enhancing technical expertise and influence within the team.
  • Provide critical support for remediation initiatives, leveraging expertise.
  • Support customers and team by proactively advising on operating standards, processes, and procedures.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

  • 6 years of experience in risk, audit or control roles and/or public accounting
  • Knowledge of credit risk management and commercial real estate
  • Excellent verbal and written communication skills 


Desired Experiences

  • Bachelor degree  or equivalent
  • Knowledge of mortgage industry and relevant financial products 
  • Experience dealing with time sensitive enterprise-wide remediation projects and providing real time feedback on the remediation actions and progress 
  • Working experience in large multi-national financial institutions (e.g., SIFI) with detailed understanding of the policies, processes and risks within a wide variety of functional areas, and their impact on the business control environment.
  • Must understand how businesses operate in general; must be able to learn new methods and technologies easily.  

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Fannie Mae is hiring a Remote Principal - Internal Audit Credit Risk Multifamily (Open to Remote)

Job Description

In this highly visible leadership position, you will be responsible for providing expertise and thought leadership across a range of risk topics, which will play a key role in guiding our audit strategy for the Multifamily line of business.

THE IMPACT YOU WILL MAKE

The Principal, Internal Audit – Credit Risk Multifamilyrole 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:

  • Provide subject matter expertise and strategic direction for auditing the Multifamily line of business and other credit risk related areas in Fannie Mae (e.g., Single Family, ERM), influencing the audit approach to address emerging risks, and developing audit hypotheses on existing processes and emerging risks.
  • Serve as a key expert and advisor to the Chief Audit Executive and audit teams regarding credit risk management, commercial real estate underwriting, deal review and performance monitoring, and fraud risk controls.
  • Solves complex, undefined problems by applying specialized expertise to develop innovative solutions that impact the audit approach.
  • Mentors and develops others, enhancing technical expertise and influence within the team.
  • Provide critical support for remediation initiatives, leveraging expertise.
  • Establish high impact relationships with key members of management, regulators, and external auditors. 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 8+ years’ working experience in audit, control, or risk roles and/or public accounting
  • Expertise in credit risk management and commercial real estate
  • Working experience in large multi-national financial institutions (e.g., SIFI) with detailed understanding of the policies, processes and risks within a wide variety of functional areas, and their impact on the business control environment
  • Excellent verbal and written communication skills 

Preferred Experience  

  • Knowledge of mortgage industry and relevant financial products 
  • Experience dealing with time sensitive enterprise-wide remediation projects and providing real time feedback on the remediation actions and progress 
  • Must understand how businesses operate in general; must be able to learn new methods and technologies easily  

Leadership Skills 

  • Team player who can collaborate with peers effectively 
  • Adept at working with individuals having a different functional expertise respectfully and cooperatively while working toward a common goal 
  • Proficient written and oral communication skills, particularly the ability to deliver complex technical information to diverse audiences in a meaningful way 
  • Bring insight to stakeholders (including our regulators) through audit deliverables and real time feedback during governance meetings and ad hoc discussions. Demonstrate the ability to build trust and credibility. 

Education 

  • Bachelor’s degree in Accounting, Management, Finance, Business or related major 

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Fannie Mae is hiring a Remote Quality Assurance - Quantitative Modeling - Lead (Open to Remote)

Job Description

As a valued colleague on our team, you will act as team lead while conducting theoretical and empirical research with public and proprietary data in all areas of the mortgage finance business. This may include mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing. In this role, you will support a robust quality assurance framework to uphold high standards of quality in our model validation process. Additionally, you will coach and mentor team members.

THE IMPACT YOU WILL MAKE
TheQuality Assurance - Quantitative Modeling - Lead Associate 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 teams in assessing compliance with Model Governance through reviews against internal policies, standards, and procedures and regulatory guidance
  • Lead coordination of quality assurance reviews and other quality assurance-related program elements across model risk governance teams and stakeholders
  • Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives. Conduct ad hoc quantitative analyses, modeling, or programming using SAS, SQL, R, or Python.
  • Contriute in defining and maintaining comprehensive program metrics and key performance indicators
  • Communicate complex technical subject matter clearly and concisely, both verbally and through written communication, such as white papers, review reports, or workpapers to department leadership and teams.
  • Foster a culture of continuous improvement and quality excellence.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Skills and Experiences

  • 4 years in model governance, model validation, or model development
  • Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking
  • Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal
  • Experience in quantitative analytics applied to one or more areas within credit, interest rate, counterparty credit risk, and/or fixed income valuation in the financial services industry
  • Analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines.
  • Experience presenting information and/or ideas to an audience in a way that is engaging and easy to understand

Desired Skills and Experiences

  • Bachelor degree or equivalent
  • Experience in Governance and Compliance including interpretation of policies, evaluating compliance, enforcing standards and controls, etc.
  • Experience in Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • Experience in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)
  • Determining causes of operating errors and taking corrective action
  • Experience with reporting platforms, including Tableau, Excel, or PowerBI
  • Proficiency in programming languages such as SAS, SQL, R, or Python
  • Experience in managing project plans, resources, and people to ensure successful project completion
  • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Adept at engaging with leadership and key stakeholders to drive consensus and action, including the ability to explain technology solutions and processes in business terms

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Fannie Mae is hiring a Remote Multifamily Underwriting - Advisor (Open to Remote)

Job Description

In this position, you will be accountable for assessing and identifying potential risks that may lead to operational, reputational, financial and credit risks, as well as communicate and collaborate with key stakeholders across Multifamily and the Multifamily Enterprise Risk Management team. This position will serve as a key member of the Multifamily Credit Underwriting team with primary responsibly for governance activities associated with the pre-acquisition process for multifamily loans.

THE IMPACT YOU WILL MAKE

The Multifamily Underwriting - 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:

Approximately 50% of responsibilities will be focused on governance activities:

  • Responsible maintaining governance activities by creating and maintaining procedures and internal credit guidance of the Multifamily Credit Underwriting business.
  • Build out oversight framework to enhance ability to address and mitigate challenges of the Multifamily Credit Underwriting business by updates to underwriting requirements and standards published in the Multifamily Selling and Servicing Guide.
  • Manage Internal Audits and remediation of issues identified.
  • Lead collaboration efforts across teams to identify and evaluate the risks of pre-acquisition of new transactions, business activities and programs for Multifamily Credit Underwriting business.
  • Serve as subject matter expert to internal stakeholders as it relates to Multifamily Credit Underwriting business activities and trends.
  • Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.

Approximately 50% of responsibilities will be focused on transaction review:

  • Advise on potential risks and costs involved with providing services to a customer.
  • Analyze the risks and costs of a lending decision and make recommendations on process improvement related to decision process.
  • Advise on process related to issuance of the securities or other financial loans to the customer.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 6 years related experience
  • Multifamily and GSE loan structuring experience
  • Familiarity with the Multifamily Selling and Servicing Guide
  • Prior experience performing financial and trend analysis and reporting findings
  • Prior experience with credit risk, loan quality analysis, or risk assessment and risk management
  • Prior regulatory, compliance or governance experience
  • Loan Management including evaluating loan requests, classifying loans, identifying fraud, originating loans, etc.
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Strong communication skills, both written and verbal
  • Advanced Excel and PowerPoint skills

Desired Experience

  • 12 years related experience
  • Bachelor degree or equivalent; Master degree preferred

Fannie Mae is primarily a hybrid company. We embrace flexibility for our employees while providing office space for in-person work and collaboration. This role is classified as Hybrid. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.

 

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