SF Counterparty Risk - Risk Analysis - Lead Associate (Flexible Hybrid)

Target Hiring Range (1): 119000

Target Hiring Range (2): 155000

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.

As a valued colleague on our team, you will provide expert advice on, and guide team in, assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as participate with key stakeholders across the enterprise and guide team in understanding business objectives. This team performs reviews of Fannie Mae Sellers.

Job Description

As a valued colleague on our team, you will provide expert advice on 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 SF Counterparty Risk - Risk Analysis - 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:

• Conduct operational risk-based reviews on lenders to evaluate compliance with key areas of Fannie Mae's Selling Guide and assess operational effectiveness.
• Perform reviews of lender quality control plans and procedures to ensure compliance with requirements outlined in the Fannie Mae Selling Guide.
• Evaluate a lenders overall ability and effectiveness to perform their responsibilities as a Fannie Mae seller.
• Identify process and program control defects and identify solutions and recommended actions to alignment with requirements.
• Participate in projects and collaborate across teams to recommend and implement process improvements on an ongoing basis.
• Manage multiple tasks with shifting priorities.
• Monitor and identify risks to a group or the organization.
• Analyze risks and collaborate with team to develop solutions.
• Implement plans or decisions to avoid risks or mitigate their impact. Identify opportunities to improve on current MORA activities and expand role

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Experience

• 6 years related experience
• Prior experience or knowledge of the mortgage loan quality control and underwriting processes with a comprehensive understanding of the loan manufacturing and QC processes
• Experience conducting operational risk reviews
• Experience in the mortgage loan selling process

Desired Experiences

• Bachelor degree or equivalent
• Highly skilled at report writing, researching, analyzing and summarizing information and data.
• Servicing experience highly desired

Skills

• Comprehensive knowledge and understanding of the Fannie Mae Selling Guide.
• Ability to execute against an operational and compliance risk review to identify risk to Fannie Mae within a Seller's Organization
• Ability to identify areas outside of compliance with Fannie Mae's Selling Guide requirements to detail findings and related corrective actions
• Governance and Compliance including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc.
• Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
• Experience gathering accurate information to explain concepts and answer critical questions
• Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
• Experience helping an organization to plan and manage change in effort to meet strategic objectives
• Business Insight including advising, designing reports, interpreting customer and market insights, forecasting, benchmarking, etc.
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data
• Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
• Adept at managing project plans, resources, and people to ensure successful project completion
• Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict

Tools

• Experience using SharePoint
• Skilled in Excel

Additional Information

Reference ID: REF13356R

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, while 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.