Senior Associate, Strategic Program Management

Posted 7 Days Ago
Be an Early Applicant
3 Locations
In-Office
109K-142K Annually
Senior level
Financial Services
The Role
Support planning, execution, and delivery of cross-functional strategic initiatives: translate objectives into program plans, manage dependencies and risks, monitor performance, produce executive-ready reporting and analyses, build business cases, and drive continuous improvement and governance.
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

We are seeking a highly analytical and business-oriented Senior Associate, Strategic Program Management.  As a valued colleague on our team, you will support the planning, execution, and delivery of enterprise strategic initiatives. This role partners closely with leaders across Finance, Marketing, Product, Operations, and other business functions to translate strategic priorities into actionable plans, monitor program performance, and provide data-driven insights that enable informed decision-making.

The ideal candidate combines structured problem-solving, strong analytical skills, and program management capabilities with the ability to influence cross-functional teams. They are comfortable navigating ambiguity, synthesizing complex information, and developing executive-ready recommendations that advance strategic business objectives.

THE IMPACT YOU WILL MAKE

The Senior Associate, Strategic Program Management 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:

  • Support the planning, execution, and coordination of cross-functional strategic initiatives aligned with enterprise priorities.

  • Partner with business leaders to translate strategic objectives into actionable program plans, milestones, and measurable outcomes.

  • Coordinate activities across multiple workstreams, proactively managing dependencies, timelines, risks, and competing priorities.

  • Monitor program progress, identify risks and issues, and recommend mitigation strategies to maintain successful delivery.

  • Prepare executive-ready status updates, presentations, decision materials, and communications for program leadership and governance forums.

  • Support program governance by maintaining action logs, decision trackers, and performance reporting.

Strategic Planning & Business Analysis

  • Conduct quantitative and qualitative analyses to support strategic initiatives, business priorities, and organizational transformation efforts.

  • Develop business cases, scenario analyses, and strategic recommendations using financial, operational, customer, and market insights.

  • Evaluate program performance and business outcomes, identifying trends, opportunities, and areas for improvement.

  • Perform ad hoc analyses that inform executive decision-making and long-term strategic planning.

  • Synthesize complex information into concise, actionable recommendations for senior leadership.

Performance Monitoring

  • Develop and maintain reporting that tracks strategic initiatives, program milestones, key performance indicators, and business outcomes.

  • Monitor progress against strategic objectives and provide insights into performance drivers, emerging risks, and improvement opportunities.

  • Support leadership with recurring reporting and executive dashboards that communicate program health and organizational progress.

Cross-Functional Collaboration

  • Partner with Finance, Marketing, Product, Technology, Operations, Risk, Legal, Compliance, and other stakeholders to drive alignment and execution.

  • Facilitate collaboration across teams to resolve dependencies, remove obstacles, and maintain momentum on strategic initiatives.

  • Build trusted relationships across the organization while influencing outcomes without direct authority.

  • Communicate effectively with technical and non-technical audiences, tailoring messages to stakeholder needs.

Continuous Improvement

  • Identify opportunities to strengthen program governance, planning processes, and execution methodologies.

  • Recommend improvements to performance measurement, reporting, and strategic planning processes.

  • Contribute to the evolution of strategic program management best practices across the organization.

THE EXPERIENCE YOU BRING TO THE TEAM

Required Experience:

  • Bachelor's degree in Business, Finance, Economics, Management, Engineering, or a related field.

  • At least 2 years of experience in management consulting, corporate strategy, strategic program management, business transformation, or business operations.

  • Experience supporting cross-functional strategic initiatives from planning through implementation.

  • Strong analytical and structured problem-solving skills with the ability to translate complex information into actionable business recommendations.

  • Experience preparing executive presentations, status updates, and strategic communications.

  • Demonstrated ability to manage multiple priorities in a fast-paced, collaborative environment.

  • Excellent written, verbal, and interpersonal communication skills.

  • Advanced proficiency with Microsoft PowerPoint and Excel.

Desired Experiences:

  • Experience in financial services, mortgage lending, banking, or fintech.

  • Experience supporting enterprise transformation or strategic initiatives.

  • Familiarity with Agile, Waterfall, or hybrid project delivery methodologies.

  • Experience developing executive business cases, strategic recommendations, and governance materials.

  • Exposure to program management tools such as Jira, Azure DevOps, Smartsheet, or Microsoft Project.

What Will Make You Successful:

We're looking for someone who:

  • Thinks strategically while maintaining strong execution discipline.

  • Breaks down complex business challenges into structured, actionable solutions.

  • Uses data and analysis to support sound business decisions.

  • Builds trusted relationships across functions and influences without direct authority.

  • Communicates clearly and confidently with leaders at all levels.

  • Demonstrates curiosity, initiative, and a continuous improvement mindset.

  • Balances strategic thinking with attention to detail and operational execution.

  • Thrives in an environment where priorities evolve and collaboration is essential.

  • Takes ownership and consistently delivers high-quality work.

Core Competencies:
  • Strategic Planning

  • Strategic Program Management

  • Business Analysis

  • Executive Communication

  • Stakeholder Management

  • Cross-Functional Collaboration

  • Structured Problem Solving

  • Program Governance

  • Risk & Issue Management

  • Business Case Development

  • Change Management

  • Organizational Agility

#LI-Hybrid

Qualifications

Actionable Insights, Alteryx, Analytics Strategy, Business Analytics, Business Insights, Business Intelligence (BI), Business Strategies, Collaboration, Data Analytics, Key Performance Indicators (KPI), Market Research, Market Strategy, Product Lifecycle, Product Management, Product Strategies, Tableau (Software), Technical Acumen

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:

109000

to

142000

Skills Required

  • Bachelor's degree in Business, Finance, Economics, Management, Engineering, or related field.
  • At least 2 years of experience in management consulting, corporate strategy, strategic program management, business transformation, or business operations.
  • Experience supporting cross-functional strategic initiatives from planning through implementation.
  • Strong analytical and structured problem-solving skills; ability to translate complex information into actionable recommendations.
  • Experience preparing executive presentations, status updates, and strategic communications.
  • Demonstrated ability to manage multiple priorities in a fast-paced, collaborative environment.
  • Excellent written, verbal, and interpersonal communication skills.
  • Advanced proficiency with Microsoft PowerPoint and Microsoft Excel.
  • Experience in financial services, mortgage lending, banking, or fintech.
  • Familiarity with Agile, Waterfall, or hybrid project delivery methodologies.
  • Experience developing executive business cases, strategic recommendations, and governance materials.
  • Exposure to program management tools such as Jira, Azure DevOps, Smartsheet, or Microsoft Project.
  • Experience with Tableau or Alteryx for analytics and reporting.

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: Washington, DC
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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