MF Risk - Risk Management - Advisor

Washington, DC

Employer:

Description

At Fannie Mae, 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 a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access to affordable housing finance.

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 MF Risk - 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.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

6 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
Strong familiarity of Fannie Mae's multifamily business operations and policies or that of the Secondary Mortgage Market
Prior experience reading and writing in modern programming language(s) (Python, R, C++, etc.), skilled in Tableau and other Business Intelligence reporting tools
Prior experience with developing best practices and training members of the modeling community.
Help create the infrastructure, reporting, and transparency for model documentation artifacts.
Excellent proof-reading and editing skills on complex technical modeling documents.
Modeling, Risk Management, Model Governance/ Testing / Validation experience a plus
Learn, provide, and maintain up-to-date knowledge of relevant industry and regulatory standards, best practices, and business processes used in model risk management.
Be a self-starter with strong organizational skills and demonstrate a sense of ownership with their work.

Skills

Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
Experience helping an organization to plan and manage change in effort to meet strategic objectives
Independently manage end-to-end documentation lifecycle for assigned models
Ability to understand and implement model risk governance requirements across the end-to-end model lifecycle
Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
Governance and Compliance including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc.
Experience gathering accurate information to explain concepts and answer critical questions
Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
Skilled in Risk Works, Tableau, SharePoint, Excel, & Viso.

Additional information

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:
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 encouraged 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:
138000
to
180000

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