Full-Time
Counterparty Risk Senior Financial Analyst
Updated on 12/5/2024
Fannie Mae
10,001+ employees
Facilitates affordable housing through mortgage financing
Junior, Mid, Senior
Remote in USA
Open to remote work.
- 2 years of experience
- Strong understanding and ability to analyze audited financial statements
- Ability to communicate in a concise and professional manner both written and orally to peers and superiors across business departments.
- Ability to interpret guide requirements and determine compliance with the requirements.
- Demonstrated command of the following software: Microsoft Excel, Word, PowerPoint, & Salesforce
- Bachelor degree or equivalent; Finance, Accounting, or Economics degree preferred
- Mortgage industry experience a plus
- Monitor and identify risks to a group or the organization.
- Review and analyze financial statements on a quarterly and annual basis
- Analyze risks and collaborate with team to develop solutions.
- Partner with teams and business groups on risk mitigation strategies.
- Implement plans or decisions to avoid risks or mitigate their impact.
- Analyze corporate acquisition documents pertaining to mergers and asset sales, as well as name and charter changes.
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 back into the housing market, promoting homeownership and rental opportunities. Fannie Mae generates 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
1938
Simplify's Take
What believers are saying
- Adoption of digital mortgage platforms enhances efficiency and customer satisfaction.
- Green mortgages align with Fannie Mae's sustainable housing mission.
- AI in risk assessment improves credit evaluation accuracy for underwriting.
What critics are saying
- Rising interest rates may reduce demand for refinancing and new mortgages.
- New DU software may face adoption and integration challenges.
- Higher LTV ratios in appraisal alternatives could increase risk if property values decline.
What makes Fannie Mae unique
- Fannie Mae's mission focuses on equitable access to affordable housing.
- The company supports the 30-year fixed-rate mortgage, a staple in U.S. housing.
- Fannie Mae's MBS offerings provide liquidity and stability to the housing market.
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