Full-Time

MF Risk – Lead Associate

Risk Analysis, Flexible Hybrid

Confirmed live in the last 24 hours

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

Junior, Mid

Washington, DC, USA

Flexible hybrid role.

Category
Risk Management
Finance & Banking
Required Skills
Tableau
Data Analysis
Requirements
  • 4 years
  • Bachelor's Degree or equivalent
  • 6 years of directly related multifamily underwriting experience.
  • Comprehensive understanding of the Fannie Mae DUS Program and DUS Loss Sharing Structure and Fannie Mae’s Multifamily Selling and Servicing Guide.
  • Skilled in evaluation of compliance multifamily underwriting compliance, developing data governance, etc.
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Risk Assessment and Management including conducting impact assessments, remediating risk, etc.
  • Relationship Management including managing and engaging internal & external stakeholders, customers, building relationship networks with lenders.
  • Experience identifying measures, or indicators of underwriting performance, and the actions needed to improve or correct performance.
  • Experience gathering accurate information to support underwriting analysis.
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Ability to analyze data to identify trends or relationships which inform conclusions about the data.
  • Excellent communication skills. Can explain concepts, answer critical questions, and frame ideas as systems, inputs, outputs and processes.
  • Ability to work with people with different functional expertise respectfully and cooperatively towards a common goal.
  • Ability to effectively manage projects, timelines, and deliverables.
  • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with tools such as Excel
  • Experience using RiskWorks
  • Skilled in Tableau
  • Experience using APIs
Responsibilities
  • Guide team in monitoring and identifying risks to a group or the organization.
  • Lead and coordinate team activities with regard to risks across groups.
  • Analyze risks and lead discussions to brainstorm solutions.
  • Lead teams and business groups on risk mitigation strategies.
  • Implement plans or decisions to avoid risks or mitigate their impact.

Fannie Mae operates in the U.S. housing finance system by purchasing mortgages from lenders, which helps provide them with the cash flow needed to offer more loans. The company buys mortgages from banks and financial institutions, holding some in its portfolio while packaging others into mortgage-backed securities (MBS) that are sold to investors. This process allows for risk distribution and ensures a steady flow of capital into the housing market, promoting homeownership and rental opportunities. Fannie Mae generates revenue through fees for guaranteeing MBS payments and from interest on its mortgage portfolio. The company aims to facilitate access to affordable housing and is recognized for its commitment to diversity, inclusion, and community service.

Company Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Fannie Mae's strategic initiatives, such as the MH Advantage program, offer new affordable housing options, potentially expanding their market reach.
  • The company's robust issuance program, like the $659 million Connecticut Avenue Securities deal, demonstrates its strong position in the credit risk-sharing market.
  • Recognition for corporate responsibility and impact, as highlighted in their 2023 CRI Report, enhances Fannie Mae's reputation and stakeholder trust.

What critics are saying

  • The ongoing affordability constraints in the housing market could limit the number of buyers, impacting Fannie Mae's business volume.
  • Economic uncertainties, such as potential GDP growth downgrades and inflation volatility, could affect the housing market and Fannie Mae's financial performance.

What makes Fannie Mae unique

  • Fannie Mae's role as a government-sponsored enterprise uniquely positions it to provide liquidity and stability in the U.S. housing market, unlike private sector competitors.
  • Their ability to package purchased mortgages into mortgage-backed securities (MBS) and sell them to investors spreads risk and ensures a steady flow of capital back into the housing market.
  • Fannie Mae's commitment to community service, diversity, and inclusion, as evidenced by numerous accolades, sets it apart in the financial services sector.

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