Full-Time
Finance Technology – Senior Associate
Sdet
Confirmed live in the last 24 hours
Fannie Mae
10,001+ employees
Facilitates affordable housing through mortgage financing
Senior
Reston, VA, USA
This is a hybrid position requiring in-office work.
US Top Secret Clearance Required
- Master’s in Computer Science or Information Systems plus three years of experience as data engineer using AWS (S3, Dynamo DB, EMR, Step functions, Lambda, RDS, Batch), Big Data Hadoop cluster (HDFS, Yarn, Hive, MapReduce), Webservices, APIs, JSON, Python, SQL, Selenium, and Cucumber.
- Develop quality test automation solutions for performance testing.
- Coordinate engineering and product teams to design automated test methodologies.
- Perform end to end automation testing.
- Review and implement product scalability, reliability, consistency, and performance.
- Collaborate with customers to gather and evaluate business requirements to formulate Big Data implementation plans.
- Build Big Data solutions using highly scalable infrastructure environments such as AWS including S3, Dynamo DB, EMR, Step functions, Lambda functions.
- Work on on-premise servers (Linux operating system) and Cloud servers (AWS CLI or the command line interface along with the UI/console) and established connection between them for data exchange purposes.
- Automate extraction and ingestion process for the production environments using job schedulers such as AutoSys.
- Prepare unit test plan and unit test cases for software/application development.
- Mentor less experienced team members and share best practices in testing methodologies and Big Data.
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.
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