SF Risk - Risk Analysis - Associate

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 contribute to risk monitoring and reviews for the organization, coordinate risk mitigation activities, and provide risk mitigation assistance to other groups.

The Impact You Will Make

The Single-Family Risk - Risk Analysis - 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:

• Identify, monitor, and forecast risks in the Single Family (SF) Book portfolio.
• Contribute to team activities related to improving book risk profile and performance, including working across groups.
• Analyze SF Book portfolio characteristics, measure risks, and collaborate with team to develop solutions based on cost/benefit trade-off recommendations.
• Monitor regulatory capital usage against limits and thresholds and perform BAU risk identification and analysis.
• Partner with other teams within SF Risk, 2nd line, Finance, or Analytics to develop risk mitigation strategies.
• Partner within SF Risk to implement plans or decisions to avoid risks or mitigate their impact.

Minimum Required Experience:

• 1 -2 years of related experience
• 1 - 2 years of experience applying data analytical skills to solve business problems
• Prior credit risk management experience in large financial institutions or mortgage lenders strongly preferred
• Understanding of mortgage risk as well as experience analyzing portfolio characteristics, identifying risk drivers, and evaluating risk mitigation solutions
• Experience monitoring, forecasting and measuring risk, conducting risk assessments and identifying gaps in existing risk monitoring frameworks
• Must have hands-on experience using Tableau or similar data/analytical tools
• Proficiency in programming languages such as SQL (required), Python/R (preferred)

Desired Experience:

• Bachelor’s degree or equivalent
• 2-4 years of experience applying data analytical skills to solve business problems
• Experience gathering accurate information and an ability to explain rationale and answer critical questions
• Experience utilizing data to identify trends or relationships to provide insights and inform decisions based on sound analysis
• Knowledge of financial institution capital measurement and management
• Excellent verbal and written communication skills. Skilled in graphical representation of information using charts, diagrams, and dashboards. Proven ability to present information and ideas to audiences in a compelling way that is engaging and easy to understand
• Demonstrated relationship management skills with the ability to manage and engage stakeholders and build relationship networks. Able to effectively work with people with different functional expertise respectfully and cooperatively towards a common goal
• Knowledge of Dodd-Frank Act Stress Testing or Management Stress Testing
• CFA or FRM preferred

Qualifications

Computer Programming, Data Analytics, Identifying Risks, Risk Analysis, Risk Assessments, Risk Monitoring, SQL Database Queries, SQL Query Development, Statistics, Tableau Dashboard Development, Tableau Desktop, Tableau Prep

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:

77000

to

95000