Full-Time

Operational Risk Communications

Training and Process Architect, Flexible Hybrid

Posted on 11/20/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

Junior, Mid

Washington, DC, USA + 2 more

More locations: Plano, TX, USA | Reston, VA, USA

Hybrid role can be worked from Washington, DC, Reston, VA, or Plano, TX.

Category
Operations Consulting
Consulting
Required Skills
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • 2 years of experience in process improvement, training, and/or documentation roles within a Risk Management organization preferably in the Financial Services industry.
  • 1 year of Business Processing Modeling Notation (BPMN) experience.
  • 1 year of experience using ARIS or other enterprise process modeling tools such as iGrafx, MEGA, Celonis, Alfresco or ProVision.
  • Strong analytical skills and experience collecting, analyzing, and visualizing data.
  • Experienced presenter with strong oral and written communication skills.
  • Strong organizational, facilitation, and engagement management skills.
  • Self-motivated and ability to deliver with speed and precision.
  • Advanced skills with MS Excel, PowerPoint, and SharePoint.
  • Bachelor’s degree or equivalent.
Responsibilities
  • Develop and maintain detailed process maps for operational risk technology workflows, ensuring clarity and consistency across all documentation.
  • Create user-friendly job aids, guides, and quick-reference materials to support team members and stakeholders in effectively navigating operational risk tools and processes.
  • Design and deliver comprehensive training programs and learning sessions tailored to the needs of the operational risk team and stakeholders.
  • Maintain and update all key documentation to reflect changes in processes, systems, and regulatory requirements.
  • Support the development of new initiatives to satisfy strategic business objectives through the creation of process diagrams, Standard Work job aids, training and communications.
  • Contribute to the development of business process models and document operational guidelines.
  • Monitor ongoing process enhancements for improved business performance.

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 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

  • Adoption of digital mortgage platforms reduces costs and improves customer satisfaction.
  • Green mortgages align with Fannie Mae's mission, promoting sustainable homeownership.
  • AI in risk assessment enhances credit evaluation accuracy, benefiting underwriting processes.

What critics are saying

  • Rising interest rates may decrease demand for new mortgages, impacting Fannie Mae's business.
  • Stricter lending criteria from new credit risk tools could reduce mortgage purchase volume.
  • Changes in appraisal alternatives may expose Fannie Mae to higher risk if property values decline.

What makes Fannie Mae unique

  • Fannie Mae facilitates liquidity by purchasing mortgages and issuing mortgage-backed securities.
  • The company supports affordable housing through initiatives like the Native American Lending Program.
  • Fannie Mae's valuation modernization offers appraisal alternatives, enhancing efficiency in property assessments.

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