Full-Time

Operations Associate

Single Family Mortgage Operations, Flexible Hybrid

Confirmed live in the last 24 hours

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

Entry

Reston, VA, USA

Flexible hybrid work model.

Category
Real Estate
Real Estate Finance
Required Skills
Tableau
Data Analysis
Requirements
  • Bachelor's degree or equivalent
  • Experience in Trading Operations, specifically fixed income instruments
  • Demonstrated ability to work effectively as a member of a virtual team
  • Ability to manage to strict deadlines as well as prioritize and perform tasks in a high-pressure environment
  • Ability to diagnose and solve problems efficiently and effectively
  • Demonstrated ability to innovate and improve processes by saving time, reducing costs, reducing risk, or improving the customer experience
  • Experience gathering accurate information to explain concepts and answer critical questions
  • Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS
  • The group of skills related to Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
  • The group of skills related to Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • The group of skills related to Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI
  • The group of skills related to Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • Experience using SharePoint
  • Skilled in Tableau
  • Skilled in Excel
Responsibilities
  • Partner with team to gather data to resolve customer issues and third-party service level agreements (SLA).
  • Assist the team with exception requests, including escalation and communication of production incidents.
  • Perform tasks related to process improvement efforts.
  • Collaborate with the team on data analysis, forecasting, and managing capacity.
  • Assist with monitoring process performance and risk assessments.

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 spread risk and ensures a steady flow of capital 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 is committed to community service and workplace diversity, earning recognition for its inclusive practices and positive work environment.

Company Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Fannie Mae's strategic initiatives, such as the MH Advantage program, offer new affordable housing options, potentially expanding their market reach.
  • The company's robust issuance program, like the $659 million Connecticut Avenue Securities deal, demonstrates its strong position in the credit risk-sharing market.
  • Recognition for corporate responsibility and impact, as highlighted in their 2023 CRI Report, enhances Fannie Mae's reputation and stakeholder trust.

What critics are saying

  • The ongoing affordability constraints in the housing market could limit the number of buyers, impacting Fannie Mae's business volume.
  • Economic uncertainties, such as potential GDP growth downgrades and inflation volatility, could affect the housing market and Fannie Mae's financial performance.

What makes Fannie Mae unique

  • Fannie Mae's role as a government-sponsored enterprise uniquely positions it to provide liquidity and stability in the U.S. housing market, unlike private sector competitors.
  • Their ability to package purchased mortgages into mortgage-backed securities (MBS) and sell them to investors spreads risk and ensures a steady flow of capital back into the housing market.
  • Fannie Mae's commitment to community service, diversity, and inclusion, as evidenced by numerous accolades, sets it apart in the financial services sector.

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