Full-Time

Risk & Strategy Lead Associate

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

Mid

Washington, DC, USA

Flexible hybrid role.

Category
Business Research
Strategy Development
Business & Strategy
Required Skills
Word/Pages/Docs
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • 4 years of relevant experience in compliance, audit, SOX, operational risk, strategy development or a related function.
  • Bachelor’s degree or equivalent.
  • Experience evaluating and designing controls and/or processes, conducting impact assessments, identifying control gaps, and remediating risks.
  • Familiarity with strategic planning and change management processes.
  • Strong writing skills and experience preparing written communications that convey information in a way that is factual, balanced, engaging and easy to understand.
  • Demonstrated ability to complete projects with high attention to detail and within established timelines.
  • Experience gathering accurate information to explain concepts and ask and answer critical questions.
  • Ability and willingness to learn quickly and adapt to changing circumstances.
  • Skilled in Microsoft Word, SharePoint, PowerPoint, Excel, and Teams.
  • 6 years of relevant experience (desired).
  • Master's degree or equivalent (desired).
  • Familiarity with assessing risks related to Artificial Intelligence and/or Generative Artificial Intelligence (desired).
  • Experience helping an organization to plan and manage change in effort to meet strategic objectives (desired).
  • Experience creating policies, standards or procedures and executing Risk and Control Self-Assessments (desired).
  • Influencing skills including negotiating, persuading others, and resolving conflict (desired).
  • Managing stakeholders and working with people with different functional expertise respectfully and cooperatively (desired).
  • Demonstrated decision-making skills and good judgment on issues, analyses or projects (desired).
  • Demonstrated success in presenting to colleagues, senior management and/or regulators (desired).
Responsibilities
  • Conduct compliance and operational risk evaluations to assess and identify potential risks and instances of non-compliance with internal policies and regulatory guidance.
  • Analyze, summarize and present evaluation results to senior management.
  • Maintain awareness of and analyze changes in the internal and external environment to inform compliance and operational risk assessment activities.
  • Assess the effectiveness of D&I-related policies, standards, procedures, and job aides, and contribute to the creation of update of D&I governance documents.
  • Identify, draft, escalate, track and/or remediate issues and operational risk events in accordance with corporate issue management standards.
  • Support internal and regulatory examination activities.
  • Assist with governance document creation and revision.
  • Support strategic planning and oversight activities through analyzing market trends and leading practices in D&I strategy, coordinating strategic projects, and organizing efforts to assess the viability and feasibility of expanding and/or modifying existing D&I efforts.

Fannie Mae operates in the U.S. housing finance market, focusing on making housing more affordable for homeowners, homebuyers, and renters. The company achieves this by purchasing mortgages from lenders, which provides these lenders with the cash flow needed to offer more loans. Fannie Mae's business model includes holding some of these mortgages in its portfolio and packaging others into mortgage-backed securities (MBS) that are sold to investors. This process helps spread risk 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 is committed to community service and workplace diversity, earning recognition for its inclusive practices and positive work environment.

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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