Full-Time

Director of Data Science & Artificial Intelligence

AI

Posted on 11/12/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

Senior, Expert

Washington, DC, USA

Hybrid work model.

Category
Applied Machine Learning
Data Science
AI & Machine Learning
Data & Analytics
Required Skills
Power BI
Kubernetes
Microsoft Azure
Python
MySQL
Data Science
Tensorflow
R
Keras
Pytorch
Apache Spark
SQL
Apache Kafka
Postgres
Docker
Tableau
AWS
Elasticsearch
Jenkins
MongoDB
Natural Language Processing (NLP)
Hadoop
Google Cloud Platform
Requirements
  • 8 years of relevant experience in AI, data science, or related fields, with a proven track delivering solutions to production
  • Exceptional leadership skills, with experience in building, mentoring, and guiding high-performing, diverse teams of data scientists and AI professionals.
  • Exemplary communication and stakeholder management skills, adept at engaging with leadership and key stakeholders to drive consensus and action.
  • A spirit of scientific discovery, driven by a passion for innovation to deliver results, balanced with a deep understanding of risks and ethical considerations.
  • Strong proficiency in programming languages such as Python, R, and SQL, crucial for data manipulation and algorithm development.
  • In-depth knowledge of cloud computing environments such as AWS, Azure, or Google Cloud Platform, particularly their AI and data analytics services.
  • Bachelor’s degree in computer science, Math, Statistics, engineering, physics or related field or equivalent experience
  • Master degree or PhD in computer science, Math, Statistics, engineering, physics or related field is preferred
  • Demonstrated success in developing and deploying AI-driven solutions and models, particularly within the Financial or professional services sectors.
  • Profound understanding of AI and advanced analytics technologies, coupled with the ability to evaluate their feasibility.
  • Ideally, 10+ years of experience in Machine Learning, delivering complex prototyping solutions to production.
  • Extensive proven, hands-on experience in data science. Expert-level experience with Natural Language Processing (NLP), Natural Language Understanding (NLU) and Natural Language Generation (NLG).
  • Extensive experience with advanced data analysis and statistical methods such as regression, hypothesis testing, ANOVA, time-series analysis, statistical process control, are preferred
  • Practical applications of machine learning techniques such as Clustering, Logistic Regression, CART, Random Forests, SVM or Neural Networks.
  • Expert-level knowledge of deep learning frameworks such as TensorFlow, PyTorch, and other open sources libraries / APIs or similar. Strong technical and problem-solving skills and evidence of continuous learning in the analytics field
  • Breadth and depth of knowledge in the application of statistical and/or digital methods to solve business problems
  • Proficiency with Python and basic libraries for machine learning. Ability to visualize & synthesize results. Full stack experience building GenAI solutions; Large language models, language transformers (BERT, RoBERTa) data prep & vectorization, embedding/chunking, prompting, search/summary/RAG/finetuning.
  • Experience with deep learning (e.g., CNN, RNN, LSTM) methods.
  • Experience building NLP and NLG tools and a wide range of LLMs (Llama, Claude, OpenAI, etc.), LoRA, LangChain, RAG, LLM Fine Tuning and PEFT are preferred.
  • Demonstrated skills with Jupyter Notebook, AWS Sagemaker, or Domino Datalab or comparable environments
  • Passion for solving complex data problems and generating cross-functional solutions in a fast-paced environment
  • Proficient in big data technologies such as Hadoop, Spark, and Kafka for handling large datasets.
  • Proficient in using AI/ML platforms like Google AI Platform, AWS SageMaker, or Azure Machine Learning for model development and deployment.
  • Expertise in popular machine learning algorithms and libraries such as TensorFlow, PyTorch, and Keras.
  • Experience with data visualization tools like Tableau, Power BI, or Qlik for deriving actionable insights from data.
  • Strong proficiency in programming languages such as Python, R, and SQL, crucial for data manipulation and algorithm development.
  • In-depth knowledge of cloud computing environments such as AWS, Azure, or Google Cloud Platform, particularly their AI and data analytics services.
  • Experience with database management and querying tools, including traditional SQL databases (e.g., MySQL, PostgreSQL) and NoSQL databases (e.g., MongoDB, Elastic Search).
  • Familiarity with Amazon Bedrock, AmazonQ, or Google Vertex or Microsoft AI services is preferred
  • Familiarity with DevOps practices and tools (e.g., Jenkins, Docker, Kubernetes) for efficient deployment of AI solutions.
  • Understanding of MLOps principles to streamline the machine learning lifecycle from experimentation to production.
  • Knowledge of security protocols and compliance standards relevant to data privacy and AI.
Responsibilities
  • Lead a team of data scientist and AI developers, inspire innovation and development of advanced AI solutions from inception to production.
  • Drive advancements in AI, while shaping the future of AI in mortgage industry and supporting the company’s mission.
  • Ensure collaboration with product and/or business owners, data engineers, and platform teams to align team objectives and group strategy.
  • Oversee the application of AI and data science techniques from disciplines, such as computer science, computational science and methods, statistics, econometrics, data optimization, and data visualization. Ensure statistical modeling capabilities meet the group's strategic needs.
  • Direct and execute the deployment of AI capabilities, Generative AI solutions, recommender systems, predictive analytic capabilities to enhance the delivery of business applications and support the integration of data and statistical models or algorithms.
  • Apply innovative practices in data science and AI research and testing to product development, deployment, and maintenance.
  • Direct the design of modeling applications to resolve complex or unusual business problems.
  • Ensure the team communicates complex ideas and solutions effectively to division leadership through data visualizations, technical documentation, and non-technical presentation materials.

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 to distribute risk and inject capital back into the housing market, ensuring that lenders can continue to provide new mortgages. Fannie Mae generates revenue through fees for guaranteeing MBS payments and from interest on its mortgage portfolio. The company aims to maintain the stability and affordability of the housing market while also engaging in community service and promoting diversity and inclusion within its workforce.

Company Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

1938

Simplify Jobs

Simplify's Take

What believers are saying

  • CAS issuance in 2025 enhances transparency and investor confidence in Fannie Mae.
  • Desktop Underwriter 12.0 could increase loan approvals, boosting Fannie Mae's market position.
  • Scott Stowell's board appointment may strengthen ties with the homebuilding industry.

What critics are saying

  • Technical issues with Desktop Underwriter 12.0 could delay mortgage approvals.
  • Legal challenges may delay MPF Program's implementation on tribal trust lands.
  • Market uncertainty may arise if Fannie Mae forgoes CAS issuance in 2025.

What makes Fannie Mae unique

  • Fannie Mae's CRT strategies like CAS and CIRT diversify risk and attract investors.
  • Desktop Underwriter 12.0 aims to streamline mortgage approvals, enhancing market competitiveness.
  • MPF Program expands lending on tribal trust lands, promoting equitable homeownership access.

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