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Fannie Mae

Model Usage Risk Management - Advisor

Fannie Mae, Washington, District of Columbia, us, 20022

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Model Usage Risk Management - Advisor

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Model Usage Risk Management - Advisor

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Fannie Mae At Fannie Mae, the inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access toaffordable housing finance.

Job Description

As an Advisor in the Analytics & Modeling team, you will play a critical role in shaping the strategic direction of the organization’s use and development of models through data-driven insights and business judgement. You will provide expert guidance on complex models and analytical tools to serve business needs in a well governed manner, partnering with senior leadership to drive business and model transformation and innovation.

THE IMPACT YOU WILL MAKE

Responsibilities

The

Model Usage Risk Management - Advisor

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:

Provide strategic direction and thought leadership in the application of analytics and modeling techniques to address business challenges. Synthesize and articulate different business usages and their requirements for shared economic and mortgage cashflow models. Assess model effectiveness and fit for use across multiple business usages, ensure that models are appropriately tested and monitored, provide insights into the model drivers and limitations. Lead, coordinate and partner with cross-functional teams through the model management life cycles, ensuring alignment of model changes / adjustments with usage goals and objectives. Stay abreast of industry best practices, regulatory requirements as well as internal standards and procedures, ensuring compliance with the enterprise standards and escalate non-compliance. Serve as a trusted advisor to senior leadership, offering insights and recommendations for prioritizations balancing accuracy, speed, cost and governance. Support Model Owner and Lead Model User to drive consensus and prioritize requirements, vetting, testing, and adjustments across user groups, resolve or escalate findings from second line and third line, share/adopt best practices from other team in the company. Drive continuous improvement efforts to enhance modeling and analytical capabilities, and to promote the model risk management culture with accountability, transparency and proactivity. Represent the Analytics / Modeling team in key internal forums, regulator, and industry conferences, sharing best practices and thought leadership in the application of analytics and modeling in Fannie Mae's business.

Minimum Experience

THE EXPERIENCE YOU BRING TO THE TEAM

6+ years of relevant experience in analytics, modeling, or related fields Proficiency in R or Python and SQL Strong analytical skills to support testing, validation, and business decision-making Excellent communication skills to coordinate effectively between model developers and model users Bachelor’s degree or equivalent

Desired Experience

Experience inMortgage Cash Flow Analysis,Statistical,Econometric, andFinancial Modeling Background inModel Risk Assessment,Remediation, andModel Risk Management Strong capabilities intechnical writing,presentation, andstakeholder communication Proven ability to manage relationships across cross-functional teams Familiarity withdata visualization toolssuch asTableau Experience withAWS servicesincludingSageMaker,Redshift, andS3

Finance - Analytics and Modeling - Advisor

Target Pay Range: $138,000 - $180,000 a year

Qualifications

Education:

Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form .

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here .

Requisition Compensation

138000

to

180000

Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

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