Model Validator Lead Associate - (Open to Remote)

Fannie Mae

3.9

(14)

Washington, DC (Remote)

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.
  • Our diverse workforce includes 44% women — with 39% at the officer level
  • Seramount (formerly “Working Mother”) 100 Best Companies 2023
  • Flexible work environment and paid leave for life’s unpredictable moments
  • #744000028482641

    Position summary

    e creating increased model risk that needs to be mitigated.

    • Apply advanced skill, knowledge, and/or experience to complete model validation projects aligned with established company policies and industry-wide modeling practices.
    • Contribute to developing validation or testing strategies and assessing the quality and risk of model methodologies, outputs, and processes and applying understanding of relevant business context to interpret model results, monitor performance, and assess risks.
    • Communicate technical subject matter clearly and concisely to department leadership and teams.

    Qualifications
    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experiences:

    • Bachelor's degree in a quantitative field
    • 4 years in model development or validation in the financial industry
    • Ability to program using R and Python
    • Skills in technical writing

    Desired Experiences:

    • Advanced degree (Ph.D. or Masters) in a quantitative field such as Computer Science, Statistics, Biostatistics, Economics (with an Econometrics emphasis), Applied Finance, or Applied Mathematics
    • Experience in SAS or SQL
    • Knowledge of risk management governance (lines of defense)

    Skills:

    • Proficiency in the mathematical, statistical, and computer science techniques used in model development
    • Ability to understand business contexts which create a need for models to support operations, often embedded within software applications used in business processes
    • Fast-learning, building on a strong foundation of knowledge to continuously learn new techniques for building and managing model risks well
    • Communicating technical subject matter clearly and concisely, both verbally and through well-written communications including Assessment Reviews and Validation Reports

    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.
  • Our diverse workforce includes 44% women — with 39% at the officer level
  • Seramount (formerly “Working Mother”) 100 Best Companies 2023
  • Flexible work environment and paid leave for life’s unpredictable moments