Internship

Campus – Risk Analyst Program Intern

Flexible Hybrid

Posted on 8/21/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

No H1B Sponsorship

Reston, VA, USA

Flexible hybrid work model.

Category
Risk Management
Finance & Banking
Required Skills
Management
Data Analysis
Requirements
  • Be authorized to work in the U.S. without sponsorship
  • Academic achievement (preferred GPA of 3.0 or above)
  • Rising senior enrolled in a bachelor's degree program (2026 graduation date)
  • Business Administration, Management, Finance, Information Systems, Real Estate, and Risk Management majors are preferred
  • Demonstrated leadership capabilities and an ability to contribute to a team atmosphere with individuals who have diverse skill-sets to achieve a common goal
  • Self-starter, who is results oriented and possesses a strong analytical background
  • Strong communication skills (oral and written), displaying an ability to present information and/or ideas in a way that is engaging and easy to understand
Responsibilities
  • Contribute to analyses and documentation of risk-based business proposals
  • Assist application developers and project managers to develop plans for application enhancements or upgrades
  • Contribute to complex projects through research, deliverable management, and effective planning and coordination.
  • Gather data to prepare business analysis, and share key business insights with management and stakeholders aimed at improving internal processes.
  • Participate and contribute to the management of operating procedure reviews, and internal control documentation
  • Assist in coordinating with the development and monitoring of key performance/risk indicators

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 helps spread risk and ensures a steady flow of capital back into the housing market, promoting homeownership and rental opportunities. Fannie Mae earns 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

1938

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased AI adoption in underwriting can reduce costs and improve efficiency.
  • Rising interest in green mortgages boosts Fannie Mae's sustainable finance initiatives.
  • Blockchain exploration could enhance transparency and security in mortgage transactions.

What critics are saying

  • Rising interest rates may reduce demand for refinancing and new mortgages.
  • Increased regulatory scrutiny could pose operational challenges for Fannie Mae.
  • Ongoing labor shortages may impact Fannie Mae's affordable housing mission.

What makes Fannie Mae unique

  • Fannie Mae's Green MBS program aligns with global ESG investment trends.
  • The company facilitates the 30-year fixed-rate mortgage, a staple in U.S. housing.
  • Fannie Mae's Desktop Underwriter software enhances mortgage approval efficiency.

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Benefits

Flexible Work Hours

INACTIVE