Full-Time
Enterprise Risk Financial Engineering Advisor
Hybrid
Posted on 7/23/2024
Fannie Mae
10,001+ employees
Facilitates affordable housing through mortgage financing
Senior, Expert
Washington, DC, USA
- 6 years of experience in Risk Assessment and Management, Key Risk Indicators Development, Sensitivity Analysis, Statistical Methods and Modeling, Financial Analysis, Data Analysis Interpretation, Data Visualization, Programming Skills (Excel, Tableau, SQL, R Language Programming)
- Bachelor's degree or equivalent
- Masters or Other Advanced Degree in Economics, Finance, or Statistics
- Experience with developing risk appetite limits and/or key risk indicators
- Experience with mortgage credit analytics, economic capital and/or GSE regulatory capital framework
- Proven ability to conduct quantitative analysis to assess risk and predict future trends
- Strong experience in analyzing financial data to identify trends or relationships and influence risk decisions
- Ability to work independently and create work plans for large, unstructured tasks
- Excellent verbal and written communication skills
- Strong stakeholder management skills
- Advise the team on applying mathematical models, advanced tools, and financial industry knowledge to business or financial data
- Provide guidance on processing and analyzing large amounts of data efficiently using financial engineering tools
- Determine customer's intended uses for financial analysis or model
- Apply complex solutions to financial analysis or forecasting
- Execute models and interpret model results
- Translate analysis results for customers into understandable conclusions
- Provide advanced solutions to model builders
- Analyze results from data and systems analysis, validation, and regression testing
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'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.