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Full-Time

Multifamily Principal Data Science

Hybrid

Posted on 9/5/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Fintech
Financial Services

Senior, Expert

Washington, DC, USA

Category
Data Science
Data & Analytics
Required Skills
Power BI
Data Science
Tableau
JIRA
Excel/Numbers/Sheets
Requirements
  • 8 years
  • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI
  • Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
  • Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
  • Experience using SharePoint
  • Skilled in Tableau
  • Skilled in Excel
  • Experience using JIRA
Responsibilities
  • Develop and implement approaches for data management and development or maintenance work on data models in support of enterprise projects as part of a Department or a larger, strategic initiative.
  • Develop and implement processes and procedures to identify, monitor, analyze, and evaluate data model discrepancies and data integration challenges, as well as lead team to address and resolve discrepancies and challenges.
  • Collaborate with management to define the approaches necessary to ensure effective coordination between business units and technical staff, as well as drive understanding of data usage, lineage, and attributes.
  • Oversee and ensure implementation of opportunities to align data architecture workstreams with business objectives.
  • Direct and execute the implementation of new data models and/or the reuse of data models in new environments.

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.