Quantitative Modeling Senior Associate, Internal Audit

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
  • #JR1627_1

    Position summary

    it out of either Reston, DC, Plano, or Boston.

    THE IMPACT YOU WILL MAKE

    We are seeking a dynamic Quantitative Modeling Senior Associate, Internal Audit associate to join our Internal Audit team, with a dual focus on model risk assurance and driving data analytics innovation across audit domains. This role offers the flexibility to shape your workday while making a meaningful impact on audit quality and efficiency alongside people who care so that you can deliver on the following responsibilities:

    • Lead Data Analytics Initiatives: Drive the deployment of advanced analytics and automation to enhance audit assurance across Model Risk, Enterprise Risk Management (ERM), Compliance, and HR.

    • Enable Insight-Driven Auditing: Develop and apply data-driven solutions for risk measurement, control testing, and continuous monitoring to deepen audit insights and coverage.

    • Model Risk Audit Execution: Participate in model audit engagements, providing credible challenge on model development, validation, and performance monitoring. Apply specialized expertise to review models in mortgage finance, including credit risk, counterparty credit risk, and interest rate risk.

    • Stakeholder Engagement: Collaborate with business partners to strengthen governance and control environments, and communicate technical concepts clearly to diverse audiences.

    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experience

    • Bachelor's degree in Statistics, Quantitative Finance, Financial Engineering, Economics, or related quantitative discipline

    • 2+ years of experience in Quantitative Analytics, model development, validation or auditing

    • Proficiency in Python, R, JavaScript or similar programming languages for data analytics and automation

    • Strong analytical, communication and project management skills.

    • Self-motivated and able to work independently

    Desired Experience

    • Advanced degree (Master or Ph.D.) in quantitative Finance disciplines

    • Professional certification (e.g. CFA, FRM)

    • 2+ years of experience in model risk management or internal audit at a large financial institution or consulting firm

    Internal Audit - Quantitative Modeling - Senior Associate

    Targe Pay Range: 121,000 - $158,000 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:
    121000
    to
    158000

    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