Credit Risk Manager – Customer Account Risk Manager

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


The Credit Risk Manager – Customer Account Risk Manager will interface directly with a set of Fannie Mae customers in the FinTech lending space. The Credit Risk Manager will create sustainable, trustworthy, and mutually beneficial relationships with customers’ risk organizations; understand their business and risk profile; and manage lender's risk profile and performance metrics. Develop, recommend, and implement credit risk standards for products or assets the company finances or underwrites. Assess and approve credit limits and monitor credit exposure for routine and complex transactions. Apply credit management models to current assets or underwritten products to recommend shifts in collateral or reserves to mitigate credit risks.


KEY JOB FUNCTIONS

  • Evaluate and drive co-development participation for Fintech lenders relative to Digital Product needs, engagement plans, and overall strategic business fit. 
  • Manage a multitude of variances at any given time due to the complex nature of Fintech relationships.
  • 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, purchase, or existing relationship with a client and make recommendations to management regarding continuing to closure, or additional credit enhancements needed to make deal more acceptable.
  • Create or assign credit scores to aggregated data from multiple loans based on the company's proprietary underwriting or loan origination software.
  • 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.
  • Research value frauds and patterns, initiate and contribute to new tools for detecting value-related fraud. Make recommendations for new policies to minimize fraud and control other risks more effectively.
  • 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 Degree or Equivalent


MINIMUM EXPERIENCE
4-6 years of related experience
SPECIALIZED KNOWLEDGE & SKILLS

  • Deep knowledge of Fintech lending space such as funding activity, mergers and acquisitions, new entrants, and technology advances.
  • Ability to engage C level to educate and advise concerning adoption of an appropriate credit risk culture and approach that syncs with organizational strategies.
  • Must be able to drive complex conversations around variances, approval considerations, collateral accounts, delivery limits, etc.
  • Demonstrated strong relationship management, communication, and presentation skills
  • Expert knowledge of the end-to-end mortgage process, in particular risk or underwriting expertise
  • Experience in making credit decisions, risk monitoring, and/or portfolio management
  • Ability to use data to analyze and manage lender’s risk profile and performance metrics, resulting in informed risk decisions
  • Up to 30% travel


EMPLOYMENT
As a condition of employment with Fannie Mae, any successful job applicant will be required to successfully complete a background investigation.
Fannie Mae is an Equal Opportunity Employer.



Req ID: 57643