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Full-Time

Senior Associate Workday Product Support

Workday Financial, Hybrid

Confirmed live in the last 24 hours

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Fintech
Financial Services

Mid, Senior

Washington, DC, USA

Category
Product Management
Product
Required Skills
SQL
JIRA
Excel/Numbers/Sheets
Requirements
  • At least 2 years of related experience and minimum
  • At least 2 years in Workday Finance product support role
  • Skilled in SQL
  • Skilled in TOAD SQL database management tool
  • Experience using SharePoint
  • Skilled in Excel
  • Skilled in Microsoft Teams
  • Experience using Microsoft Project
  • Experience using JIRA
  • Strong/Good experience in Workday Finance configuration and functionality
  • Experience using Blackline
Responsibilities
  • Gather information about new or existing products.
  • Assess current state of product to discover additional needs.
  • Contribute to the design, development, testing, and evaluation of products.
  • Support multiple internal groups in an energizing environment.
  • Coordinate with internal team to define product strategy and customer outreach.

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 payments on MBS 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

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.