Full-Time

Multifamily Risk Management Senior Associate

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

Washington, DC, USA

Hybrid role.

Category
Risk Management
Finance & Banking
Requirements
  • 2 years
  • Bachelor degree or equivalent
  • Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Loan Management including classifying loans, analyzing criticized loans, managing maturities, reviewing borrower requests and identifying fraud.
  • Experience gathering accurate information to explain concepts and answer critical questions
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
  • Skilled in Excel
Responsibilities
  • Support a portfolio's vision and strategic objectives.
  • Analyze portfolio progress and enact changes, along with reporting portfolio performance to key stakeholders.
  • Evaluate risk of current assets, while complying with governance and controls.

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 back 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

  • AI integration in underwriting reduces default rates, enhancing Fannie Mae's risk management.
  • Green mortgages align with Fannie Mae's mission for sustainable housing solutions.
  • Digital mortgage platforms improve application processes, boosting customer satisfaction.

What critics are saying

  • Desktop Underwriter 12.0 may cause delays if lenders resist new credit risk focus.
  • Labor shortages could challenge Fannie Mae's affordable housing initiatives.
  • Higher loan-to-value ratios in appraisal alternatives may increase financial risk.

What makes Fannie Mae unique

  • Fannie Mae's Desktop Underwriter 12.0 enhances credit risk assessment for mortgage approvals.
  • The MPF Program expands lending to Native Americans on tribal trust lands.
  • Fannie Mae's valuation modernization offers appraisal alternatives to streamline property value assessments.

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