Full-Time

Deputy General Counsel – Senior Director Enterprise Legal

Updated on 12/12/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

Senior

Washington, DC, USA

Listed as remote but includes Washington, DC as a specific location.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • 8 years of relevant legal experience, ideally working in a corporation’s legal department and/or at a reputable law firm.
  • Thorough understanding of and working experience with legal and regulatory requirements relating to privacy, cybersecurity, transactions, and emerging technology relevant to the financial services industry.
  • Demonstrated experience in providing legal support and strategic advice to senior-level management.
  • Excellent interpersonal skills, including the ability to work effectively across various levels and business functions.
  • A track record of leading, mentoring, and developing strong legal teams and growing talent.
  • Manage outside counsel effectively.
  • Juris Doctorate from an ABA-approved law school and active member of the Bar.
  • Strong analytical, problem-solving, and project management skills.
  • Excellent verbal, interpersonal, organizational, influencing, and negotiation skills.
  • Excellent presentation and advocacy skills with the ability to summarize and simplify complex topics and provide clear options.
  • Ability to collaborate, persuade, and coordinate with multiple parties (internal and external).
  • Experience with incident preparedness, management, and response.
  • International Association of Privacy Professionals (IAPP) or information security certification (e.g., GISF, GSEC, GLEG) preferred.
  • Experience with information security standards, frameworks (e.g., SOC, NIST, ISO).
Responsibilities
  • Provide legal advice and strategic expertise to the Enterprise’s business teams regarding data privacy, cybersecurity, and transactions.
  • Serve as trusted advisor to the Vice President, Deputy General Counsel Data, Technology, & Transactions, and business partners throughout the organization.
  • Stay current on changes and developments in privacy, cybersecurity, and emerging technology (including AI/ML) laws, regulations, standards, and guidance related to their use.
  • Advise and assist in negotiating agreements related to technology products and services, privacy, data protection, and cybersecurity.
  • Contribute to policy and advocacy efforts including policy, standard and procedure reviews.
  • Lead, motivate, and develop a high-performing team of legal professionals.

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.

Help us improve and share your feedback! Did you find this helpful?