Full-Time
Legal Project Manager
Hybrid
Confirmed live in the last 24 hours
Fannie Mae
10,001+ employees
Facilitates affordable housing through mortgage financing
Mid, Senior
Washington, DC, USA + 2 more
- 4 years related experience
- Experience performing legal research
- Adept at managing project plans, resources, and people to ensure successful project completion in a legal environment
- Experience using Microsoft Office Suite
- Experience with reporting, metrics, and visualization tools, including Smartsheet, Tableau, and Visio
- Experience with Power Platform tools such as Power BI, PowerApps, and Flow
- Experience using SharePoint
- Assess the team’s current knowledge systems, repositories, and practices, then work to create a strategy that marries traditional best practices and new technologies to create consistency, enable better ongoing data hygiene and curation, and make it easier to find and leverage knowledge resources.
- Help to design, document, or enhance team processes and workflows, identifying technology solutions that might provide efficiency, building automations or ticketing systems where feasible, or liaising with our legal operations team.
- Support cross-functional projects and partner / collaborate with project management.
- Conduct legislative, statutory, regulatory, or factual research that might include investigation of federal or state consumer protection laws and regulations, relevant markets, corporate participants, and industry standards and practices.
- Independently perform extensive legal research and analysis in support of staff attorneys.
- Search for legal precedent in indices and computerized legal reference systems and analyze their applicability to individual projects. Prepare summaries of research findings.
- Apply the results of legal research to the specific problem or issue presented and formulate a recommended course of action.
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.