At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

The Enterprise Analytics and Modeling - Risk Management – Associate will join the Model Governance Solutions (MGS) team. The MGS team has responsibility to drive efficiency, consistency, compliance, and sustainability in first-line model governance activities across the enterprise, and has the following three strategic objectives:

• Driving efficiencies in model management by developing clear and actionable governance, integrating relevant external guidance, and developing tools that simplify processes.
• Ensuring risk-based execution and compliance of all internal model-related standards and policies by training, reporting, and monitoring applicable processes.
• Acting as a representative with Model Risk Management and other relevant stakeholders on behalf of Model Owners, Users, Developers, and Application Owners.

As a valued colleague on our team, you will assist the team with assessing and identifying potential model risks that may threaten our reputation, safety, security, and/or financial success, as well as participate with the team in communicating and collaborating with key stakeholders across the enterprise and understanding business objectives.

THE IMPACT YOU WILL MAKE
The Enterprise Analytics and Modeling - Risk Management - Associate 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:

• Execute on tactical elements of governance compliance for emerging practice areas, such as artificial intelligence and machine learning.
• Work with team management to support closure of model governance-related critical supervisory matters, matters requiring attention, management self-identified, and all other issues.
• Perform review of model governance requirements, including documentation, to ensure applicable requirements are met.
• Identify, scope, and execute on process improvements.
• Facilitate information requests and related reporting activities across various stakeholders.
• Assist team with determining business areas that pose potential model risks to the enterprise.
• Maintain information and processes to reduce risk using rigorous analysis.
• Document resolutions and control guidelines.
• Partner with the team to carry out business strategies that will drive success in the face of shifting consumer behaviors and regulations.
• Keep up to date with relevant industry and regulatory standards, best practices, and business processes used in model risk management.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 1-2 years of relevant model governance, controls, compliance, risk management or program governance and implementation experience
• Track record of execution focus, strong prioritization, and planning capabilities
• Relationship management skills to partner with team members and collaborate with stakeholders as needed
• Excellent oral and written communication skills, including the ability to explain complex processes in business terms
• Be a self-starter with strong organizational skills
• Skilled in Excel Word, & PowerPoint

Desired Experiences

• Understanding of and or experience in Financial Services and or the Banking industry
• Governance and Compliance skills including creating policies, evaluating compliance, developing data governance, etc.
• General Business Insight skills like interpreting stakeholder data
• Comfortable working in a dynamic and ever evolving environment.
• Ability to work independently, but also comfortable working and contributing within a team environment
• Ability to identify, make recommendations, and implement process improvements in day-to-day activities
• Knowledge of JIRA and Power-BI a plus

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

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 careers_mailbox@fanniemae.com.

Job ID: REF11790Q

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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.