Financial Modeler III

Fannie Mae
Washington, DC
Jun 19, 2017
Jul 03, 2017
Full Time
THE COMPANYAre you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.For more information about Fannie Mae, visit INFORMATIONUsing mathematical models drawn from Economics, Statistics, probability theory, or pure mathematics, develop models of how existing or possible assets, products, derivatives, or markets might behave under varying conditions. Develop methods consistent with pertinent discipline for assessing the effects of different variables acting on the asset or market being examined. May develop tests or standards for judging the accuracy or predictive powers of the models being developed. May confer with capital market or product specialists to determine needs for analysis or to acquire empirical data to use in model building or validation. KEY JOB FUNCTIONSConfer with business unit, risk management or other corporate office to determine what asset, transaction, process, or capital segment is to be subject to analysis using a model. May acquire data for use in developing and/or testing the model. Develop/refine/test model using established quantitative methods. Run against data provided by business unit or extracted from appropriate database. Using existing quantitative model or develop new model, to project performance of hybrid financial instruments such as derivatives. Apply model to empirical data from such assets and refine as needed. Define requirements for new functionality, provide prototype code and test results to assist Common Analytics Platform (CAP) in implementing new and refining existing valuation methods. Research financial model operating results for a particular business unit, product line and the like; provide data support and propose explanations for valuation models and changes over time. Research and recommend the usage of financial tool kit functions (curve building, derivatives schedule generation and consult with other modelers, financial engineers and management staff regarding the use of these tools Lead or play technical lead in projects expanding the use of models or developing new uses, and provide technical guidance to less senior modelers.EDUCATIONBachelor's Degree or equivalent requiredMINIMUM EXPERIENCE6 years of related experienceSPECIALIZED KNOWLEDGE & SKILLSExperience analyzing and presenting data to inform Executive-level decision-makingKnowledge of Machine Learning, Cognitive Computing, and/or other emerging analytical trendsExperience designing and executing research studies within organizations a plusAdvanced degree in Operations Research, Behavioral Economics, Engineering, or other scientific field preferredFinancial industry experience preferred, but not required

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