Director, Enterprise Risk - Risk Analysis (Hybrid)

Fannie Mae
Washington, DC
Sep 26, 2022
Sep 29, 2022
Full Time
A$ A' "A' ?Company DescriptionAt Fannie Mae, futures are made. The inspiring work we do makes an affordable home a reality and a difference in the lives of Americans. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will help lead our industry forward and make your career.Job DescriptionAs a valued member of our team, you will lead the business unit (Single-Family, Multifamily, or Capital Markets) risk review of all relevant modeling applications, contribute to risk monitoring and reviews for the organization, coordinate risk mitigation activities, and provide risk mitigation assistance to other groups.THE IMPACT YOU WILL MAKEResponsibilitiesThis team will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilitiesPartner with Risk leadership to build out model assumption review processes.Lead model assumption review for all models relevant to credit risk, liquidity risk, market risk, capital, and other areas of direct interest to SF business, MF business, or any Capital Markets function.Apply understanding of relevant business context to properly interpret model results, monitor performance, and assess risks.Clearly communicate technical subject through review reports and presentations to stakeholders across Treasury, Finance, SF Business, MF Business and/or Risk.Develop and implement model risk policies and procedures to guide sound development, implementation, and use of quantitative techniques throughout the firm.Collaborate with model developers and users to streamline and normalize oversight processes.Communicate model risk governance metrics and policies through impactful writing and presentation.Manage interactions with external regulators and auditors.Provide oversight in large modeling initiatives for alignment with company policies and industry practices.Perform an advisory role by partnering with SF Business, MF Business, Treasury, Finance and other organizations within the enterprise to independently review and assess risk positions.Partner with stakeholders across the enterprise on all key initiatives related to various financial risks.Represent the team by presenting analyses and assessments at various forums including communication with senior management.Work with analytics teams and traders to develop tactical and strategic guidance on portfolio's risk position that are consistent with limits and capital constraints.QualificationsTHE EXPERIENCE YOU BRING TO THE TEAMMinimum Required Experiences8+ years relevant experienceExperience in review and challenge of financial risk models and applicationsExperience in financial markets, asset & liability management, and/or credit, market and/or liquidity risk analyticsWorking with people with different functional expertise respectfully and cooperatively to work toward a common goalSkilled in influencing, negotiating, persuading others and resolving conflictProficient written and oral communication skill in delivering complex technical information to diverse audiencesStrategic mindset with clear understanding of business operations and insights related to risk modelingDesired ExperiencesAdvanced degree in relevant fieldExperience in MBS or other mortgage-related or fixed income productsStrong academic background and quantitative abilities (CFA, FRM or related certifications preferred)Leadership or principal contributor experience in model review or validation at a large firm in the financial services industry (SIFI or GSIB)Additional InformationIn response to COVID-19, Fannie Mae has adapted our workplace and hiring processes to better safeguard our employees, candidates, and new hires. We understand that this is an unprecedented situation and Fannie Mae is committed to creating protocols for these processes that are agile and conform with federal, state, and local health administration guidance. While the company's operating status for on-site work is currently voluntary, the majority of Fannie Mae's workforce is remote until further notice. We continue to conduct all interviews and onboarding virtually. In addition, all employees who wish to come on site must be fully vaccinated against COVID-19 and enter their vaccination information into a confidential HR system before arriving at the facility, unless they have an approved accommodation. Click here to go directly to information about accommodations.The future is what you make it to be. Discover compelling opportunities at .Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@.Job ID: REF11346U