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 compelling leadership role, you will lead the development of Single-Family (SF) organizational policies, controls, and guidelines for consumer compliance across business activities impacted by federal and enterprise regulations. These include, but are not limited to, RESPA, FCRA, Privacy, Fair Lending, and Fair Housing requirements.
As a Principal within the SF Operational Risk (SFOR) team, you will design and build a new compliance expertise function, establishing the framework, roadmap, and engagement model that will guide implementation and long-term execution. You will operate as a trusted advisor to business leaders, risk partners, and regulators—helping ensure consumer protection risks are effectively identified, managed, and remediated while supporting strategic business objectives.
THE IMPACT YOU WILL MAKE- Design and implement a framework for the compliance expertise function within the SF Operational Risk (SFOR) team.
- Identify and assess consumer protection–related compliance risks for new and existing SF business activities, ensuring control effectiveness.
- Review existing policies, processes, and governance structures to identify and remediate gaps in controls or oversight.
- Develop tools and processes enabling Business Unit leadership to identify compliance impacts at transactional and programmatic levels.
- Support business rationales through data analysis and stakeholder engagement to align activities with applicable regulations.
- Oversee resolution of compliance issues and manage internal and regulatory reporting obligations.
- Establish and maintain relationships with internal partners, external stakeholders, and regulatory bodies.
- Ensure data quality and integrity for compliance monitoring, reporting, and analysis.
- Maintain current knowledge of enterprise policies, procedures, and regulatory requirements.
- Promote a strong culture of compliance and internal controls.
- Develop and deliver effective compliance training for SF staff.
- Manage responses to inquiries and requirements issued by the Federal Housing Finance Agency (FHFA).
Minimum Required Experience
- 8 years of relevant professional experience.
Desired Experience
- Bachelor’s degree or equivalent; Master’s degree preferred.
- 10 years of experience within the Single-Family lending discipline or mortgage industry.
- 10 years of experience focused on lending compliance or consumer protection risk.
Skills
- Strong risk management and compliance expertise, including control design, impact assessments, and risk remediation.
- Experience leading and managing change initiatives aligned to strategic business goals.
- Ability to communicate complex information clearly to diverse audiences.
- Demonstrated leadership, coaching, and mentoring capabilities.
- Strong stakeholder and relationship management skills.
- Experience with documentation, reporting, and data analysis for decision-making.
- Executive-level presentation and communication skills.
- Experience developing and executing compliance-related change management processes.
- Experience identifying and remediating compliance-related issues.
- Experience using Risk Works.
- Experience using SharePoint.
- Proficiency with Microsoft Office tools (Excel, Word, PowerPoint).
- Experience using Visio.
Qualifications
Consumer Compliance, Fair Lending, Lending Compliance, Regulatory ComplianceEducation:
Bachelor's Level Degree (Required), Juris Doctorate, Master's Level DegreeThe 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:
175000to
239000Fannie 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 often characterized as above-market and generally fair relative to comparable large employers. Bonus structures and role-level total compensation can be perceived as generous in certain technical and analytical positions.
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Retirement Support — Retirement support stands out through a 401(k) design that includes an automatic employer contribution plus additional matching, reaching a high overall employer contribution. This feature is repeatedly positioned as a differentiator that materially boosts total rewards beyond base pay.
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Parental & Family Support — Family-related support appears broad, including paid parental leave and paid leave to care for a seriously ill family member. Additional programs such as family sick leave and adoption/surrogacy reimbursement reinforce the sense of comprehensive family coverage.
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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.
