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$96k–$124k/yr
Full-time
bachelor degree, postgraduate degree
Health Insurance, Life Insurance, Voluntary Lifestyle Benefits, Incentive Program
Posted 11d ago
~40 hrs/week
Responsibilities
The role involves monitoring and identifying portfolio risks through data analysis and quantitative analytics to support leadership. Responsibilities include conducting research on emerging risks and coordinating risk mitigation strategies across various groups.
Requirements
Requires a bachelor's degree and at least 2 years of experience in residential mortgage credit risk and data analysis. Proficiency in SQL, Python, R, and data visualization tools like Tableau or Power BI is essential.
Full job description
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 colleague on our team, you will contribute to risk monitoring and reviews for the organization, coordinate risk mitigation activities, and provide risk mitigation assistance to other groups.
Please note this position can be based out of one of our 3 Hub Offices in Plano, TX, Reston, VA or Washington DC
THE IMPACT YOU WILL MAKE
The Book Portfolio Credit Risk Senior 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:
Assist team with monitoring and identifying risks to our portfolio through data analysis.
Report on risks and participate in developing solutions.
Provide data and quantitative analytics support to the SF leadership related to credit risk
Perform analysis to develop risk outlook to facilitate forward-looking credit risk management
Conduct research on emerging risks, to identify, assess and report emerging risks based on economic, market and other conditions
Assist with coordinating risk activities across groups.
Support team with risk mitigation strategies.
Carry out tasks to avoid risks or mitigate their impact.
Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.
THE EXPERIENCE YOU BRING TO THE TEAM
Desired Experience
Bachelor's degree or equivalent; advanced degrees in related areas (e.g. quantitative finance, economics, statistics, etc.) preferred. At least 2 years' full-time working experience in related areas required.
Possess an understanding of residential mortgage credit risk as well as experience analyzing portfolio characteristics, identifying risk drivers, and proposing risk mitigation solutions.
Credit risk modeling and stress testing experience a plus
Experience with data analysis and utilizing data to identify trends or relationships to provide insights and inform decisions based on sound analysis. Experience gathering accurate information to explain rationale and answer critical questions.
Experience monitoring, forecasting, and measuring credit risk, conducting risk assessments, and identifying gaps in existing risk monitoring frameworks.
Strong skills in data query and processing using such tools as SQL, Python, and R
Experience in utilizing AI tools and technologies (such as ChatGPT, Copilot) to improve process, generate deliverables and gain efficiencies
Excellent verbal and written communication skills. Skilled in graphical representation of information using charts, diagrams, and dashboards with programs and tools such as Excel, Tableau, or Power BI. Proven ability to present information and ideas to audiences in a compelling way that is engaging and easy to understand.
Demonstrated relationship management skills with the ability to manage and engage stakeholders and build relationship networks. Able to effectively work with people with different functional expertise respectfully and cooperatively towards a common goal.
Experience in influencing including persuading others, facilitating meetings, and resolving conflict to improve or correct performance to achieve desired outcomes.
Skilled in Tableau
Skilled in Excel
Experience with SQL, Python, R
#LI - TW1 - Hybrid
Qualifications
Amazon Web Services (AWS), Amazon Web Services (AWS), Artificial Intelligence (AI), Collaborating Cross-Functionally, Communication, Credit Risk Analysis, Credit Risk Modeling, Credit Risk Reporting, Data Analysis Interpretation, Data Mining, Data Query, Data Query Language, Data Visualization, Documentation Reporting, Identifying Risks, Machine Learning (AI), Predictive Modeling, Python (Programming Language), Quantitative Risk Analysis, Relationship Networking, Research Facilitation, Residential Mortgages, Risk Analysis, Risk Assessments, Risk Monitoring {+ 3 more}
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.
We create opportunities for people to buy, refinance, or rent a home.
Industry
Financial Services
Company size
5,001-10,000 employees
Headquarters
Washington, District of Columbia
LinkedIn followers
361,089
Total funding
$708M
Fannie Mae creates opportunities for people to buy, refinance, or rent a home. We are a leading source of mortgage financing in all markets and at all times. We ensure the availability of affordable mortgage loans. The financing solutions we develop make homeownership and workforce rental housing a reality for millions of people. The work we do helps maintain the 30-year fixed-rate mortgage, which has dominated the housing market since the 1950s. This popular mortgage loan makes committing to purchasing a home easier. It gives homeowners stability and peace of mind by providing predictable mortgage payments over the life of the loan.
Fannie Mae provides a reliable source of affordable mortgage credit that supports homebuyers and renters across the country. We continue to innovate and promote a stronger, safer, and more efficient housing finance system to support more opportunities for homebuyers and renters in communities throughout the nation.
Join us to help shape the future of housing: http://fanniemae.com/careers.
This LinkedIn company page is moderated. Before joining the conversation, please review our Social Media Guidelines: https://www.fanniemae.com/stay-connected.
Offices: 1100 15th St NW, Washington, District of Columbia 20005, US · 11600 American Dream Way, Reston, VA 20190, US · 5600 Granite Pkwy, Plano, Texas 75024, US · 13150 Worldgate Dr, Herndon, Virginia 20170, US
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