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.
For more information about Fannie Mae, visit http://www.fanniemae.com/progress
FINANCIAL ENGINEER, Washington, DC
Use advanced math, economic & computational tools to develop models & algorithms that support measuring servicer performance & understanding level of credit risk under varying economic & market conditions. Conduct research on large complex datasets to accurately forecast impact on mortgage credit risk, property values, loan prepayments, defaults & severity. Develop statistical tests & benchmark performance metrics for models. Support tech & data infrastructure teams in model implementation; provide algorithms to enhance computational performance & design user acceptance test cases for system reconciliation & vetting. Document research, model vetting & implementation requirements through technical whitepapers.
Req'd: BS in Financial Engineering or similar quant field and 1 yr related experience. Experience must include work with C++ & R. Excellent written/oral communication skills.Req ID: