Full-Time
Principal Azure Engineer/Architect
Digital Workplace, Hybrid
Posted on 7/23/2024
Fannie Mae
10,001+ employees
Facilitates affordable housing through mortgage financing
Senior, Expert
Reston, VA, USA
- 8+ years of experience engineering infrastructure in the Azure cloud
- 6+ years of solutioning architecture in the Azure Cloud
- Experience directing technical strategy and cascading vision across tech and non-technical stakeholders
- Experience automating scaling infrastructure to right size cloud capacity demand
- Experience interfacing with and advising executive stakeholders
- Experience leading enterprise-wide, large-scale transformational projects
- Expertise with Microsoft and Azure products
- Adept at managing project plans, resources, and people to ensure successful project completion
- Communication including communicating in writing or verbally, copywriting, planning and distributing communication, etc.
- Operational Excellence including improving and overseeing operations
- Determining causes of operating errors and taking corrective action
- Product Development including designing products, developing product roadmaps, translating design requirements, prototyping, etc.
- Ability to transform business processes using BPA, RPA, or other technology-enabled automation
- Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
- Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
- Apply your extensive and diversified knowledge of principles and advanced techniques and theories to develop unprecedented solutions for application design and IT infrastructure components.
- Understand the end-to-end performance of IT platforms.
- Establish and maintain policies, guidelines, and standard operating procedures.
- Monitor performance and capacity metrics for technology solutions while identifying and developing plans to address long term trends or issues.
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 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 spreads risk and ensures a steady flow of capital into the housing market, promoting homeownership and rental opportunities. Fannie Mae earns revenue through fees for guaranteeing payments on MBS 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'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.