Job Information
FANNIE MAE Lead Model Reviewer (Open to Remote) in Washington, District Of Columbia
Job Description As a valued colleague on our team, you will act as team lead while conducting theoretical and empirical research with public and proprietary data in all areas of the mortgage finance business. This may include mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing. *In this role, you will support a robust quality assurance framework to uphold high standards of quality in our model validation process. * Additionally, you will coach and mentor team members.
THE IMPACT YOU WILL MAKE
TheQuality Assurance - Quantitative Modeling - Lead Associate role 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 responsibilities:
Lead teams in assessing compliance with Model Governance through reviews against internal policies, standards, and procedures and regulatory guidance
Lead coordination of quality assurance reviews and other quality assurance-related program elements across model risk governance teams and stakeholders
Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives. Conduct ad hoc quantitative analyses, modeling, or programming using SAS, SQL, R, or Python.
Contriute in defining and maintaining comprehensive program metrics and key performance indicators
Communicate complex technical subject matter clearly and concisely, both verbally and through written communication, such as white papers, review reports, or workpapers to department leadership and teams.
Foster a culture of continuous improvement and quality excellence.
Qualifications THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Skills and Experiences
4 years in model governance, model validation, or model development
Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking
Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal
Experience in quantitative analytics applied to one or more areas within credit, interest rate, counterparty credit risk, and/or fixed income valuation in the financial services industry
Analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines.
Experience presenting information and/or ideas to an audience in a way that is engaging and easy to understand
Desired Skills and Experiences
Bachelor degree or equivalent
Experience in Governance and Compliance including interpretation of policies, evaluating compliance, enforcing standards and controls, etc.
Experience in Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
Experience in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)
Determining causes of operating errors and taking corrective action
Experience with reporting platforms, including Tableau, Excel, or PowerBI
Proficiency in programming languages such as SAS, SQL, R, or Python
Experience in managing project plans, resources, and people to ensure successful project completion
Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
Adept at engaging with leadership and key stakeholders to drive consensus and action, including the ability to explain technology solutions and processes in business terms
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@fanniemae.com.
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