Fannie Mae Careers

Credit Risk Analyst III – ERM SF Servicer Oversight

Plano, Texas; Washington, District of Columbia
Risk Management


Job Description

THE COMPANY

Fannie Mae provides reliable, large-scale access to affordable mortgage credit in communities across our nation. We are the leading source of funding for housing in America, which means more people can buy or rent a home. We are focused on sustaining the housing recovery, improving our company, and leading change to make housing better.

Join our diverse, high-performing team and make a difference as we work together to enable access to a good home.

For more information about Fannie Mae, visit http://www.fanniemae.com/progress

JOB INFORMATION


Provide support to the ERM-Single Family Servicer Oversight and monitoring function. Support the implementation and execution of the group’s risk oversight processes to drive consistent risk identification, assessment, monitoring, oversight and reporting of activities that impact Single Family Servicer.  Apply credit management models to current assets or underwritten products to recommend shifts in collateral or reserves to mitigate credit risks.

KEY JOB FUNCTIONS
  • Conduct credit analyses using advanced methods and tools of aggregated data provided by lenders, clients of the organization, or other sources of data.
  • Examine risk elements of proposed deal, transaction, or existing relationship with a client and make recommendations to management.
  • Utilize Single Family business, risk management and governance knowledge and expertise to execute assignments related to risk oversight, process analysis, gap identification and remediation. 
  • Assist in the implementation and execution of on an overarching oversight framework for servicer activities that aligns with the ERM Risk Framework. 
  • Monitor and review activities related to servicer performance and compliance. 
  • Engage with various business units to monitor servicing transfer related activities. 
  • May take lead in maintaining data integrity of proprietary credit rating or underwriting applications and assist as a business-end user in their systems enhancements.
  • Develop model approaches to new credit enhancement and risk sharing agreements. Work with business unit management to determine appropriate strategies for entering new mortgage markets with high model uncertainty.
  • Advise marketing staff or customers about corporate credit policies and counsel them to adopt practices that assure better chance of success in deals or transactions.
  • May lead analytical, policy development, or integration effort within unit or with other corporate departments.

EDUCATION

  • Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

  • 4+ years of related experience

SPECIALIZED KNOWLEDGE & SKILLS


  • 5+ years of experience preferred related to servicing, SF mortgage business, loss mitigation, and credit risk management.
  • Demonstrated process improvement, risk management, and project management skills.
  • Experience effectively partnering/collaborating with internal stakeholders and strong interpersonal skills.
  • Must be a highly motivated self-starter, who can effectively contribute to a team atmosphere. 
  • Ability to set and balance priorities, meet tight deadlines and deliver high quality results.
  • Effective presentation skills and ability to develop management reports with proficiency using Word, Power Point and Excel.
  • Strong oral and written communication skills with an ability to create effective materials for all levels of management.

                                     

EMPLOYMENT              

As a condition of employment with Fannie Mae, any successful job applicant will be required to pass to successfully complete a background investigation.

 

Fannie Mae is an Equal Opportunity Employer.


Req ID: 57005