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
As a valued leader on our team, 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, and understand business objectives.
THE IMPACT YOU WILL MAKE
The Finance 1st Line Risk Senior Manager 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 Finance 1ST Line Risk Team responsible for identifying business areas and processes that may pose potential risks to the enterprise, and partner with leadership to design and implement risk identification processes.
- Manage team efforts to evaluate, synthesize, and report the impact of proposed and emerging risks across Finance, connecting risk assessment results with broader market, industry, and enterprise trends.
- Serve as a trusted liaison across Finance, risk, and system implementation teams by providing guidance, approvals, and practical solutions for complex domains that connect operational systems, business processes, and control expectations.
- Lead, coach, and develop managers, associates, FTEs, and consultants while fostering open communication, diverse perspectives, sound ethical behaviors, and a psychologically safe team environment.
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences:
- 6 Years of relevant risk and controls assessment and/or assurance experience
- Strong risk management expertise within Finance, including the ability to manage a large or complex portfolio of work and connect operational systems, business processes, risks, and controls to senior management insights
- Proven ability to communicate complex processes clearly to broad audiences, present to senior stakeholders, and facilitate open, constructive communication to drive practical solutions
- Strategic, enterprise-focused mindset with experience developing and implementing program strategy, driving continuous improvement and efficiencies, influencing others, and addressing difficult issues with sound judgment
- Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work
Desired Experiences:
- Bachelor degree or equivalent
- Professional certification(s) such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or other relevant risk, audit, or accounting credentials preferred
Finance Operational Risk - Risk Management - Senior Manager
Target Pay Range: $155,000 - $209,000 a year
#LI-Hybrid #LI-ME
Qualifications
Education:
Bachelor's Level Degree (Required)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:
155000to
209000Skills Required
- 6 years of relevant risk and controls assessment and/or assurance experience
- Strong risk management expertise within Finance, including managing large or complex portfolios and linking systems, processes, risks, and controls to senior management
- Proven ability to communicate complex processes clearly, present to senior stakeholders, and facilitate constructive communication to drive solutions
- Strategic, enterprise-focused mindset with experience developing and implementing program strategy, driving continuous improvement and efficiencies, and influencing others
- Curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence
- Experience leading, coaching, and developing managers, associates, employees, and consultants
- Bachelor's degree or equivalent
- Professional certifications such as CIA or CPA
Fannie Mae Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fannie Mae and has not been reviewed or approved by Fannie Mae.
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Fair & Transparent Compensation — Pay is considered competitive versus industry peers, with base and total compensation viewed as strong for many roles. Public postings and third-party salary bands indicate competitive ranges and reinforce confidence in market alignment.
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Retirement Support — The 401(k) program is highlighted as notably generous and a standout element of total rewards. Employer contributions meaningfully support long-term wealth-building.
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Leave & Time Off Breadth — Paid vacation, holidays, and volunteer time are described as ample, with strong parental leave complementing time-off flexibility. The breadth of PTO stands out as a core strength of the package.
Fannie Mae Insights
What We Do
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. We put our customers and partners at the center of everything we do. We apply our experience and expertise to deliver innovative solutions to help our customers succeed. At Fannie Mae, our people pour their hearts into everything they do. Because we know it makes a real difference in others’ lives. We are committed to moving forward with our partners to build a stronger, safer, more efficient housing finance system. Join us to help shape the future of housing: http://fanniemae.com/careers.








