Enterprise Analytics and Modeling - Quantitative Modeling - Senior Director

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

In this dynamic leadership position on our Enterprise Modeling team, you will lead the team responsible for developing and advancing proprietary prepayment and cash flow modeling covering all mortgage assets and instruments on Fannie Mae’s retained portfolio. Those modeling assets are the analytics foundation supporting business transactions in the company’s treasury & capital markets, financial and regulatory reporting, forecasting and capital planning, and market & liquidity risk management.   Your team will be responsible for monitoring and assuring the continued performance of those modeling assets that are fit to business use, for comparing with other internally developed alternative versions of those models, and for benchmarking against third-party models in the industry. Your team will also closely collaborate and interact with traders and risk managers across the company.

THE IMPACT YOU WILL MAKE

The Enterprise Analytics and Modeling - Quantitative Modeling - Senior 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:

• Make decision on modeling and data methodology concerning the mortgage assets including Single Family MBS, Multifamily MBS, Non-performing Loans, Re-performing Loans, Reverse Mortgages, and Mortgage Servicing Rights.

• Make strategic decisions on modeling resource allocation, people development, and organizational design with a thorough understanding of value proposition of those modeling assets.

• Collaborate with quantitative engineers and product managers to ensure the models are implemented accurately in modeling application systems for business users to use the modeling assets with confidence by understanding the assumptions, limitations, and modeling uncertainties.

• Work with trading desks and front offices to ensure understanding of business needs, grasping market trends, and providing modeling and analytics insights that support business decisions

• Manage model risk as model owner and remain compliant with the company’s model risk policy, standards and procedures. Lead engagement with Model Risk Management, Internal Audit, External Audit, and the US Federal Housing Examiners covering the modeling assets owned by the team.

• Lead and manage a team of 12 to 15 quantitative modelers and data scientists.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience:

• 8+ years related experience in mortgage risk modeling

• Strong understanding of housing finance, AI/ML, GenAI, and Agentic AI

• Customer relationship and ability to work effectively with stakeholders

• Ability to effectively manage relationships and interact with regulators.

• Superior analytical skills.

• Excellent communication and writing skills. Skilled in presenting information and/or technical ideas to audiences in ways that are engaging and easy to understand.

• Prior management experience, leading teams, giving feedback, facilitating meetings, coaching, and mentoring.

• Experience identifying and selecting strategic options and identifying resources to meet the defined objectives.

• Bachelor's degree or equivalent in STEM.

• Experience coaching and mentoring junior members.

Desired Experience:

• Experience with AI/ML, GenAI, or Agentic AI

• Prior experience in secondary mortgage market and/or in MBS trading

• Advanced degree in a STEM field

Enterprise Modeling and Analytics - Quantitative Modeling - Senior Director

Target Pay Range: $226,000 - $306,000

#LI-Hybrid #LI-ME1

Qualifications

Education:

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

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. 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.

Requisition compensation:

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