Fannie Mae Careers

Financial Engineer III

Washington, District of Columbia

Job Description


Are you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.

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Use advanced mathematical, analytic, or economic tools to create algorithms for analytical or product development processes. Develop or refine computer applications that provide deeper analysis of prospective asset performance, asset pricing, new asset classes, or information needed to measure or hedge risk. Provide analysis of new products or asset classes, and suggest program modifications. Use mathematical/application tools to perform appropriate analysis on specified product, transaction, market activity, or investment vehicle that has multiple variables affecting potential outcomes. Perform loss forecast analysis and model development/ analysis for high level quantitative analysis of credit risk, product valuation, and asset analysis.
Master's of Financial Mathematics or related quantitative field plus one year of related experience which must include use of SAS, UNIX shell scripts, and Oracle/SQL Server.

Req ID: 50729