Full-Time
Counterparty Risk Senior Financial Analyst
Posted on 11/21/2024
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 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's Take
What believers are saying
- CAS issuance in 2025 expected to reach $4 billion, enhancing risk management.
- Desktop Underwriter 12.0 launch may streamline mortgage approvals, boosting loan origination.
- Scott Stowell's board appointment strengthens strategic insights into the homebuilding sector.
What critics are saying
- Potential interest rate hikes in 2025 could raise mortgage rates, affecting affordability.
- Labor shortages in construction may worsen housing affordability, challenging Fannie Mae's mission.
- CAS reliance exposes Fannie Mae to market volatility, impacting credit risk transfer strategy.
What makes Fannie Mae unique
- Fannie Mae's CRT strategies like CAS and CIRT diversify risk and attract investors.
- Desktop Underwriter 12.0 enhances mortgage approval efficiency with a focus on credit risks.
- MPF Program expands Native American lending, promoting equitable homeownership access.
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