Senior Director, Fair Lending Oversight (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. Fannie Mae’s commitment to fair housing and lending helps protect borrowers from discrimination and works to build a more inclusive housing system. 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 Senior Director, Fair Lending Oversight, you will play a critical role in the leadership, strategic planning, and direction of fair housing and fair lending oversight and data analytics to support Fannie Mae’s compliance with relevant laws, regulations, and supervisory guidance. As a valued leader on our team, you will oversee the assessment 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.

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 Senior Director, Fair Lending Oversight 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:

• Work with the Chief Fair Lending Officer to establish a new Second Line risk-based compliance engagement model including regular monitoring, testing, and targeted reviews of First Line business risk identification and mitigation.
• Design and implement calibrated, streamlined First Line business unit requirements for risk identification, control documentation, and self-assessments.
• Ensure effective coordination with business units, legal experts, and other key partners in execution of focused and sustainable compliance activities.
• Oversee the application of quantitative analyses in innovative and creative ways to advance fair housing and lending.
• Manage a portfolio of fair housing/lending compliance, risk assessment, and regulatory deliverables
• Promote a culture of fair housing/lending best practices within the Enterprise.
• Engage with regulators on fair housing/lending matters and lead and direct high-quality and timely regulatory reporting.
• Provide guidance to employees responsible for analytics, modeling, compliance, and project management to prioritize, plan, execute, and ensure alignment of ongoing and upcoming tasks/projects with Legal and Compliance objectives.
• Serve as liaison to the Legal Division, working with team members and Legal Fair Lending partners to translate legal requirements and policy testing into technical requirements including specifying the data inclusion requirements, establishing the success criteria, and defining the expected deliverables.
• This leader will oversee supervisory and internal audit engagements.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 8 years related experience working in roles involving consumer compliance and analytics.
• Prior financial services, banking, or legal regulatory compliance experience performing compliance risk assessments and mitigation activities.
• Prior people management experience with proven ability to effectively develop the team’s skills, provide feedback, and encourage development.
• Skilled in managing cross-functional teams consisting of both technical and non-technical colleagues.
• Adept at managing project plans, resources, and people to ensure successful project completion.
• Experience gathering accurate information to explain concepts and answer critical questions.
• Proficiency in understanding the regulatory compliance implications of statistical methods and models.
• Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data.
• Excellent interpersonal, written and verbal communication skills.
• Strong attention to detail and ability to work in a fast-paced environment.
• Strong influencing skills to include negotiating, persuading others, facilitating meetings, and resolving conflict.
• Skilled in operational excellence to include improving and overseeing operations.
• Strong relationship management skills to include managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.

Desired Experiences

• Expertise in fair housing or fair lending compliance.
• Master’s degree in an analytical discipline or law degree.
• 8 years' experience working with fair housing or fair lending analytics.
• Experience working for a financial institution or financial regulator.

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 primarily a hybrid company. We embrace flexibility for our employees while providing office space for in-person work and collaboration. This role is classified as Hybrid. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.
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.