Company Description
At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.
Job Description
As a valued colleague on our team, you will provide expert advice on, and guide team in, assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as participate with key stakeholders across the enterprise and guide team in understanding business objectives.
THE IMPACT YOU WILL MAKE
The MF Risk - Risk Management - 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:
- Guide team in preparing analyses and reports used to determine business areas that pose potential risks to the enterprise.
- Guide team in preparing analyses and reports used to evaluate the impact of proposed risks to the enterprise.
- Lead team in monitoring information and processes to reduce risk using rigorous analysis.
- Document resolutions and control guidelines.
- Guide team efforts to review business strategies, and make decisions that will drive success in the face of shifting consumer behaviors and regulations.
- Collaborate with key stakeholders – model owners/developers and users within the 1st line, Model Risk Management and Internal Audit to provide governance oversight and ensure adherence to corporate policies and standards
- Communicate model risk governance metrics and policies through impactful writing and presentation.
- Actively participate and manage interactions with external regulators and auditors.
Qualifications
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences
- 4 years
Desired Experiences
- Bachelor degree or equivalent.
- Skilled in influencing, negotiating, persuading others and resolving conflict.
- Proficient written and oral communication skill in delivering complex technical information to diverse audiences.
- Experience with creation and implementation of governance documents and procedures aligned with internal policies and standards and regulatory guidance.
- Strong knowledge of model risk management and related regulatory guidance.
- Strong knowledge of Capital Markets and the operations tied to Trading desk, Pricing, CRT.
- Strong familiarity of Fannie Mae's multifamily business operations and policies or that of the Secondary Mortgage Market.
Skills
- Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas.
- Governance and Compliance including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc.
- Experience helping an organization to plan and manage change in effort to meet strategic objectives.
- Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
- Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
- Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict.
- 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.
- Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
- Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand.
- Experience gathering accurate information to explain concepts and answer critical questions.
- Working with people with different functional expertise respectfully and cooperatively to work toward a common goal.
- Adept at managing project plans, resources, and people to ensure successful project completion.
Tools
- Experience using RiskWorks, MUSE
- Experience using SharePoint
- Skilled in Excel, Power Point
- Skilled in Visio
Additional Information
The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.
Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.
Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].
The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. 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.
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.