Full-Time

MF Risk – Lead Associate

Risk Analysis, Flexible Hybrid

Posted on 9/30/2024

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 these lenders maintain cash flow and offer more loans to consumers. 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 provides a steady flow of capital back 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. Its goal is to facilitate access to affordable housing and maintain the stability of the housing market. Fannie Mae also emphasizes community service and workplace diversity, earning recognition for its inclusive practices.

Company Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

1938

Simplify Jobs

Simplify's Take

What believers are saying

  • Industry veterans on the board enhance strategic decision-making and industry insights.
  • The 2025 Benchmark Securities Calendar increases transparency and investor confidence.
  • Desktop Underwriter 12.0 could boost loan origination efficiency and streamline processes.

What critics are saying

  • Rising interest rates may reduce demand for new mortgages and refinancing.
  • Labor shortages could worsen housing affordability, impacting Fannie Mae's mission.
  • Regulatory changes under a new U.S. administration could affect Fannie Mae's operations.

What makes Fannie Mae unique

  • Fannie Mae's CRT strategies like CAS and CIRT enhance risk management and investor appeal.
  • The Desktop Underwriter 12.0 launch aims to streamline mortgage approvals and risk assessment.
  • Collaboration on labor shortage studies helps address housing affordability challenges effectively.

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