Senior Director - Head of Acquisition Risk and Portfolio Management (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.
  • Student loan repayment and employer-assisted housing program
  • Seramount (formerly “Working Mother”) 100 Best Companies 2023
  • Flexible work environment and paid leave for life’s unpredictable moments
  • #744000034536895

    Position summary

    improve the forecast, monitoring and identification process.

    • Optimize Single Family portfolio by balancing multiple objectives. Timely report and identify issues that may hinder Single Family achieving its goals.
    • Understand Fannie Mae's DU model.
    • Provide innovative ideas to improve our process and functions to gain efficiency
    • Propose actions to execute plans or decisions to avoid risks or mitigate their impact.
    • Oversee risk analysis, review findings, and assist leadership with developing solutions.
    • Direct and train teams and business groups on risk mitigation strategies and assist leadership with strategy development.

    Qualifications
    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experience

    • 8 years of experience working in risk management function for a financial institution, 12 years of experience preferred
    • Must have adequate knowledge of Single Family mortgage business and risk and understand stress test for financial institutions

    Desired Experience

    • Bachelor's degree, Master's degree preferred
    • Strong written and verbal communication skills
    • Skilled in Excel, Power Point, and Tableau
    • Skilled in SQL and Python object-oriented programming
    • Desired analytical skills:
      • Experience identifying and determining levels of mortgage risk and provide remediation for risk reduction
      • Portfolio management skills, understand portfolio optimization framework, able to assess impact on Single Family portfolio when making tradeoff decisions
      • Familiar with mortgage loan underwriting model (DU) framework, stress testing, Basel regulatory capital
      • Risk assessment and management capability including evaluating and designing controls, conducting impact assessments, identifying gaps, and remediating risk
      • Familiar with risk limit setting methods and process
      • Understand stress test concept and techniques for financial institutions
      • Adequate quantitative knowledge to understand quantitative credit risk models, and their model rationale and applications
      • Track record for conducing independent, original research; for exle, be able to manipulate data to perform sound analysis that leads to decision making
      • Strong presentation skills
      • Able to manage project plans, resources, and people to ensure successful project completion
    • Desired leadership skills:
      • Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, coaching and mentoring
      • Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
      • Experience helping an organization to plan and manage change in effort to meet strategic objectives
      • Must be able to work with people having a different functional expertise respectfully and cooperatively while working toward a common goal
      • Sound relationship management skills including managing and engaging stakeholders, customers, vendors, and building relationship networks

    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.
  • Student loan repayment and employer-assisted housing program
  • Seramount (formerly “Working Mother”) 100 Best Companies 2023
  • Flexible work environment and paid leave for life’s unpredictable moments