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 contributor to our team, you will advise the team on methods, models, and analytical templates used for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as work with management and team members in communicating and collaborating with key stakeholders across the enterprise, and understand business objectives.

THE IMPACT YOU WILL MAKE

The Model Governance - Risk Management - Advisor 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:

Advise team on the application of methods, models, and analytical templates used to determine business areas that pose potential risks to the enterprise.

Collaborate with team to evaluate and advise on the impact of proposed risks to the enterprise.

Review processes to reduce risk using rigorous analysis.

Partner with team to review and provide feedback to management on resolutions and control guidelines.

Partner with the team to review, develop business strategies, and make decisions that will drive success in the face of shifting consumer behaviors and regulations.

This position is needed to support our Model Controllers in effectively executing their role and also in supporting the Head of Modeling areas execute their role.

THE EXPERIENCE YOU BRING TO THE TEAM

Required Qualifications:

6 years of experience

Strong knowledge of model risk management and related regulatory guidance

Familiarity with Fannie Mae’s multifamily business or the secondary mortgage market

Experience creating and implementing model governance documents aligned with internal policies and standards

Excellent written and verbal communication skills for technical and non-technical audiences

Skilled in influencing, negotiating, and resolving conflict

Strong organizational skills and ability to work independently

Proficiency in Tableau or other Dashboard/BI reporting tools, Excel, Visio, and PowerPoint

Ability to understand and implement model risk governance requirements across the end-to-end model lifecycle

Experience in risk assessment, control design, and compliance evaluation

Ability to implement model governance requirements across the model lifecycle

Desired Qualifications:

Bachelor’s degree or equivalent experience

Prior experience developing best practices and training modeling teams

Strong proofreading and editing skills for technical modeling documents

Experience with Risk Works and other business intelligence tools

Experience with python or other programming languges

Business insight including forecasting, benchmarking, and interpreting market data

Experience supporting organizational change aligned with strategic goals

Relationship management skills across stakeholders and vendors

Experience gathering and presenting complex information in engaging formats

Background in model development, governance, testing, and validation

Knowledge of industry standards and evolving regulatory expectations

Multifamily Risk - Risk Management - Advisor

Target Pay Range: $138,000 - $180,000 a year

#LI-Hybrid #LI-ME1

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.

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:

to