Model Validation - Advisor

Fannie Mae

3.9

(14)

Washington, DC

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
  • #REF13312M_P-100967-105

    Position summary

    ental factors.**

    • Work closely with relevant stakeholders to understand all aspects of the workflow processes managed for model validation, model performance monitoring, and model issue management and generate recommendations for identified patterns.

    • Ensure risks associated with business activities are effectively identified, measured, monitored, reported, mitigated, and controlled.

    • Participate in producing qualitative and quantitative analyses for project management and executive-level reports to provide a strategic view of model risk to key stakeholders; design, implement, and maintain an inventory of processes, controls, metric framework and dashboards supporting portfolio and business process assessments.

    • Collaborate on technology solutions to facilitate accurate and comprehensive data capture for compilation, processing, and interpretation required in regular and ad hoc reporting to stakeholders, executive leadership teams, and regulators. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives.

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

    • Participate in fostering a culture of continuous improvement and quality excellence.

    Qualifications

    **THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experiences:**

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

    • Excellent oral and written communication; experienced at presenting information and/or ideas to an audience in a way that is engaging and easy to understand

    • Communication including communicating in writing or verbally, copywriting, planning and distributing communication, etc.

    • Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas

    • 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

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

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

    • Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal

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

    • 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

    • Expertise in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)

    • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI

    Desired Experiences:

    • Bachelor degree or equivalent; Master degree preferred

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

    • Determining causes of operating errors and taking corrective action

    • Experience with reporting platforms, including Tableau, Excel, and PowerBI

    • Proficiency in programming languages such as SAS, SQL, R, or Python

    • Experience related to Learning and Training including conducting, developing, and evaluating training, instructional design, and learning management systems

    Skills

    • Adept at managing project plans, resources, and people to ensure successful project completion

    • Programming including coding, debugging, and using relevant programming languages

    • Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.

    • Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI

    • The group of skills related to Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.

    • Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data

    • Focused experience in artificial intelligence (AI), including machine learning and natural language processing (NLP)

    • Expertise in using statistical methods, including: developing and testing hypotheses, using experimental design, and running linear and logistic regressions

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

    • Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance

    • Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.

    • Working with people with different functional expertise respectfully and cooperatively to work toward a common goal

    • Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS

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

    • Skilled in cloud technologies and cloud computing

    • Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives

    Tools

    • Skilled in SAS

    • Skilled in Tableau

    • Skilled in Excel

    • Skilled in R Language Programming

    • Skilled in C++

    • Skilled in ThoughtSpot

    • Skilled in Python object-oriented programming

    Additional information

    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.

    Qualifications

    Education:
    Bachelor's Level Degree (Required)

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

    Fannie Mae is primarily a hybrid company. We embrace flexibility for our employees while providing office space for in-person work and collaboration. This role is classified as open to remote. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.

    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]

    Requisition compensation:
    152000
    to
    205000

    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