Payment Operations - Lead Associate

Reposted 25 Days Ago
Be an Early Applicant
3 Locations
In-Office
109K-142K Annually
Mid level
Financial Services
The Role
In this role, you will lead efforts in payment operations, resolve customer issues, improve processes, and perform data analysis to enhance team performance and customer satisfaction.
Summary Generated by Built In

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 colleague on our team, you will lead the team to support customer and performance measures focusing on completeness, timeliness, quality, and customer satisfaction. You will engage with customers to understand business needs and priorities and lead efforts to deliver those outcomes. You will identify, recommend, and assist with implementing process improvements to increase customer value, as well as identify and resolve customer problems, process exceptions, and risks.

THE IMPACT YOU WILL MAKE 
 

The Payment Operations- 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: 

 

  • Resolve customer issues and manage third party service level agreements (SLA). 

  • Research and resolve exceptions, including escalation and communication of production incidents. 

  • Assist management with tasks related to the design and execute process improvements. 

  • Perform data analysis, forecasting, capacity management, and loan quality modeling. 

  • Lead the team in monitoring process performance and performing risk assessments

THE EXPERIENCE YOU BRING TO THE TEAM 
 
Minimum Required Experience 

  • 4 years    

Desired Experience 

  • Bachelor's degree or equivalent  

Skills 

  • Electronic Payments Expertise: Demonstrated knowledge and experience with electronic payments (ACH, Fedwire, SWIFT), including payment processing, settlement, and reconciliation. 

  • Financial Products & Industry Practices: Solid understanding of financial products, industry standards, technologies, and banking/regulatory environments. 

  • Transactional Accountability: Ability to own transactions from start to finish, maintain flexibility, and uphold departmental safety and soundness control standards. 

  • Project Leadership & Change Management: Proven experience leading cross-functional projects, including defining scope and business requirements, preparing and executing test/use cases, implementing process improvements, and training on new business processes. 

  • Risk Assessment & Governance: Proficiency in evaluating and designing controls, conducting impact assessments, remediating risks, and ensuring policy compliance through governance and internal investigations. 

  • Operational Excellence & Process Optimization: Strong analytical skills with a focus on identifying process inefficiencies, applying Lean management principles, and implementing solutions to enhance performance and accuracy. 

  • Problem Solving & Issue Resolution: Demonstrated ability to identify operational and process issues, propose solutions, and lead collaborative efforts to resolve challenges. 

  • Analytical and Data Skills: Skilled in data analysis, documentation, and reporting using tools such as Excel, Tableau, or Power BI to support decision-making and ensure data quality. 

  • Communication & Influence: Excellent verbal and written communication skills, effective presentation abilities, and a talent for negotiating, persuading, and facilitating meetings to resolve conflicts and drive consensus. 

  • Relationship Management & Team Collaboration: Ability to build and manage stakeholder relationships, engage with customers and vendors, and work productively in cross-functional teams. 

  • Personal Computing Proficiency: Advanced skills in Microsoft Word, Excel, PowerPoint, and Outlook. 

  • Professional Certifications: Accredited ACH Professional (AAP) or Certified Treasury Professional (CTP) preferred. 

  • Cash Management (Optional): Experience with cash position and cash forecasting functions within a large corporation is a plus. 

 
 Tools 

  •  Advanced skills in Microsoft Word, Excel, PowerPoint, and Outlook. 

  • Experience with Fedline Advantage, Nacha file formatting and ISO 20022 format 

Operations - Operations Management - Lead Associate

Salary Range: $109,000 - $142,000 a year

#LI-Hybrid

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:

109000

to

142000

Top Skills

Fedline Advantage
Iso 20022
Excel
Microsoft Outlook
Microsoft Powerpoint
Microsoft Word
Nacha
Power BI
Tableau
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The Company
Herndon, VA
10,886 Employees
Year Founded: 1938

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.

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