Full-Time

Operational Risk – Senior Manager

Risk Management, 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

Senior

Plano, TX, USA

Flexible Hybrid.

Category
Risk Management
Finance & Banking
Required Skills
Tableau
Data Analysis
Requirements
  • 6 years
  • Bachelor degree or equivalent
  • Prior experience managing people to include fostering an inclusive and productive team environment, giving feedback, facilitating meetings, and coaching and mentoring.
  • Candidates must possess strong Modeling & Analytics, Mortgage Credit Risk Management and /or secondary market experience to align to each of the vacancies
  • Experience working directly with process owners to anticipate, and manage operational risks effectively though the identification and documentation of risks and controls within processes
  • Experience on a business team with a focus on building, executing, and maintaining a strong set of risks and controls to reduce the risk of process failure.
  • Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, and developing risk mitigation activities
  • Relationship Management including managing and engaging stakeholders, customers, and building relationship networks
  • Ability to communicate and tell an appropriate and meaningful narrative to the business about existing and emerging risk
  • Demonstrated ability to successfully influence individuals and decision making across multiple levels and business areas or divisions of an organization.
  • Solves problems impacting their work that may or may not be clearly defined and require applying subject matter expertise to develop solutions
  • Experience gathering accurate information to explain concepts and answer critical questions
  • Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Business Insight including advising, and interpreting customer and industry insights
  • Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data
  • Strong critical thinking abilities to understand, interpret and document complex business processes in alignment to internal policy, standards, procedures, and regulatory requirements
  • Keen communication skills (written and verbal) in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Experience with organizational transformations, evolution of culture and team development and growth
  • Experience using Risk Works
  • Skilled in InfoPath
  • Experience using SharePoint
  • Skilled in Tableau
  • Skilled in Excel
  • Skilled in Microsoft Teams
  • Experience using DocuSign
Responsibilities
  • Lead the team responsible for determining business areas that pose potential risks to the enterprise and collaborate with leadership to develop and implement processes to identify risks.
  • Manage team efforts to evaluate and report on the impact of proposed risks to the enterprise.
  • Manage information monitoring, processes, and reporting to reduce risk using rigorous analysis, and may assist with implementing updates and changes to the process.
  • Document resolutions and control guidelines.
  • Manage others to review and implement business strategies and make decisions that will drive success in the face of shifting consumer behaviors and regulations.

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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