Enterprise Risk Technology - Financial Engineering - Lead Associate

• Target Hiring Range (1): 116000
• Target Hiring Range (2): 151000
• Worker Classification: Hybrid

Company Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to use tech to tackle housing's biggest challenges and impact the future of the industry. You'll be a part of an expert team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

Job Description

As a valued colleague on our team, you will provide expert advice and guidance to the team responsible for applying mathematical models, advanced tools or techniques (such as SAS, Python, and R), and financial industry knowledge to business or financial data, including model results. Your efforts will enable the team to analyze or report on business performance, solve business questions, or inform business decisions. Work may include developing models or prototypes to achieve these goals, but is not the core focus in the role.

Fannie Mae seeks Financial Engineering - Lead Associate - Reston, VA

• Use advanced requirements analysis and data analytics to create business process flows and algorithms that will be used in analytical or product development processes.

• Develop or refine computer applications that provide deeper analysis of prospective financial asset performance, asset pricing, new asset classes, or information needed to measure and manage hedge accounting and market risk.

• Apply Financial Analysis skills to help implement Hedge Accounting methodology and implementation improvements in support of changing market driven requirements, regulatory requirements, audit and related enhancements.

• Provide ongoing analysis of new financial asset classes and suggest program modification, as necessary.

• Test applications for accuracy and functionality before putting them into service.

• Confer with product managers, business unit management and capital markets staff to determine analytical or product-related needs regarding product features, investment instruments, market activity, or complex transactions to be analyzed.

• Report in quantitative manner on data attributes and parameters of proposed purchase, sale, market transactions, or risk factors and the degree to which they could affect outcomes of risk management of fixed income instruments.

• Perform ad hoc analyses as needed and assist managers of specific product lines with analytical, valuation, or pricing projects.

• Redefine and implement the components of new risk indicators. Consult with business owners, design, and implement an interface to record key indicators, research industry best practices of analyzing and reporting key performance indicators.

• Design test cases and test applications for systems used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented.

• Mentor less experienced team members.

This is a hybrid position - in office and remote.

Qualifications

Req'd:
Master's in Statistics plus three years of experience in requirement analysis and data analytics in the mortgage industry. CFA Certification. Experience must include data analysis using SQL, Excel, and Business Intelligence Reporting using MicroStrategy/Tableau. Experience must also include UNIX, JIRA, Confluence and one year of AWS (S3, DynamoDB, Glue, CloudWatch, Athena, RedShift, EMR, Step Function, Lambda, Batch). Excellent written and oral communication skills".

Additional Information

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

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 [email protected].

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The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. 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.