Fair Lending Risk Management Lead Associate (Flexible Hybrid)

Company Description

At Fannie Mae, futures are made. 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 an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

Job Description

As a valued colleague on our team, you will help build and execute a Second Line risk-based oversight model to support Fannie Mae’s compliance with fair housing and fair lending laws, regulations, and supervisory guidance. You will lead and assist with assessments of fair housing and fair lending risk for the Enterprise and partner with First Line business units as they identify, mitigate, and correct self- and supervisory- identified risks. Your work will include regular monitoring, testing, and targeted reviews of First Line business risk identification and mitigation, the application of quantitative analyses to advance fair housing and lending, and ensuring effective coordination with business units, legal and audit experts, and other key partners in the execution of focused and sustainable compliance activities. You will engage directly with Fannie Mae’s regulators on fair lending matters and help ensure high-quality and timely regulatory reporting.

We have one opening for this job and it can be worked on a Hybrid basis from one of our offices.

THE IMPACT YOU WILL MAKE
The Fair Lending Risk Management Lead 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:

• Manage a portfolio of fair lending compliance, risk assessment, and regulatory deliverables.
• Lead and support compliance activities including monitoring, targeted reviews, risk and control assessments, and gap analyses, producing high-quality work products that require minimal review and revision.
• Prepare analyses and reports used to identify and address business activities that pose potential fair housing and fair lending risks to the enterprise and present results to senior management and/or regulator.
• Lead and support management of deliverables related to oversight activities including examinations and other supervisory activities, reviews, and audits.
• Assist in evaluating and enhancing internal policies and procedures.
• Support the development and delivery of training materials to educate internal stakeholders on fair lending principles and regulatory requirements.
• Serve as a resource for employees with questions regarding fair lending compliance and collaborate with internal teams to integrate fair lending considerations into business practices.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 6 years of related working experience including fair lending risk identification and analysis, testing and reporting.
• Bachelor’s degree or equivalent.
• Experience preparing reports and documentation summarizing test results and findings.
• Experience communicating (both orally and in writing) with colleagues, senior management and/or regulators.
• Ability to assist with the identification and escalation of compliance issues to management.
• Experience gathering accurate information to explain concepts and answer critical questions.
• Relationship management skills to include managing and engaging stakeholders and building relationship networks.
• Ability to complete projects/tests efficiently with high attention to detail and excellent time management skills.
• Ability to work collaboratively as a team member to facilitate effective enterprise-wide compliance.
• Strong project management skills; ability to manage multiple projects effectively, strong time management and prioritization skills.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

Desired Experiences

• Master's degree or equivalent.
• Proficiency in Microsoft Teams.
• Experience using SharePoint.
• Experience using Adobe Acrobat and/or Foxit.

Additional Information

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The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

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.