Model Governance and Validation QA Advisor

Fannie Mae

3.9

(14)

Plano, TX

Why you should apply for a job to Fannie Mae:

  • 79% say women are treated fairly and equally to men
  • 71% would recommend this company to other women
  • 85% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Training, mentoring, coaching, and feedback, as well as access to online learning and development courses with Fannie Mae University
  • Health assessments and mindfulness benefits
  • Student loan repayment and employer-assisted housing program
  • #JR2156_1

    Position summary

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    THE IMPACT YOU WILL MAKE

    The Model Governance and Validation QA 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:

    • Maintain a validation quality assurance framework to ensure model validation teams complete model validation activities commensurate with requirements established in enterprise model risk policy, standards, and procedures

    • Perform quality assurance reviews and recommend solutions for compliance with internal policies, standards, and procedures and regulatory guidance.

    • Complete quality assurance reviews and other quality assurance-related program elements across model risk teams, 2nd line functions, and other stakeholders

    • Maintain and report comprehensive program metrics and key performance indicators to colleagues and senior leaders.

    • Provide support for governance activities, including policy, standard, procedure, job aid, and template updates; reporting; training; and cross-functional coordination.

    • 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 support business strategies and initiatives.

    • Perform ad hoc quantitative analyses, modeling, or programming using SAS, SQL, R, or Python.

    • Utilize advanced data mining and/or statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations.

    • Identify opportunities to apply quantitative methods to improve business performance.

    • Counsel teams on company policies and industry-wide modeling practices.

    • Inform the team's direction for validation or testing strategies to monitor performance, and assess risks.

    • Communicate technical subject matter clearly and concisely to team leadership and internal/external stakeholders both verbally and through written communication.

    • Foster a culture of continuous improvement and quality excellence.

    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Skills and Experiences:

    • 6 years in model governance, model validation, or model development

    • Excellent oral and written communication

    • Experience presenting information and/or ideas to an audience in a way that is engaging and easy to understand

    • Excellent analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines.

    • Expertise 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

    • Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking

    • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict

    • Bachelors degree

    Desired Skills and Experiences:

    • Master's degree or equivalent

    • Experience in Governance and Compliance including interpretation of policies, evaluating compliance, enforcing standards and controls, etc.

    Enterprise Model Risk - Quantitative Modeling - Advisor

    Target Pay Range: $155,000 - $209,000 a year

    #LI-Hybrid #LI-ME1

    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:
    155000
    to
    209000

    Why you should apply for a job to Fannie Mae:

  • 79% say women are treated fairly and equally to men
  • 71% would recommend this company to other women
  • 85% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Training, mentoring, coaching, and feedback, as well as access to online learning and development courses with Fannie Mae University
  • Health assessments and mindfulness benefits
  • Student loan repayment and employer-assisted housing program