Business Analyst III

Job Description


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


Examine, assess, and document business operations and procedures of operating or administrative unit. Relate these procedures to IT/IS systems and applications that are designed to enable the operating unit to accomplish its objectives. Assist operating unit staff by developing reports, downloads, and analyses from discipline-specific systems and applications. Provide input to IT/IS specialists in development projects to assist in developing specifications and functionalities in IT systems.




  • Assess business operations and processes of assigned office or business unit to understand procedures, information flows and handoffs, decisions, communications pathways and the like.
  • Participate in meetings and projects with client staff, project managers, and developers to automate, upgrade, or expand applications that accomplish business operations of assigned work unit(s).
  • Create, design, and format technical specification documentation including architecture diagrams, process flows, and other information or processes needed to describe required system changes for development, QA, and other internal customers.
  • May provide support to applications in production by tracking production problems and troubleshooting them to sustain application in production.
  • Develop queries, analyses, or reports from applications for operations or management staff of assigned business unit(s).
  • Provide guidance or technical supervision to less experienced staff performing similar functions.


Education Level Required (if any) Bachelor Degree or Equivalent



Education Level Preferred(if any)
Master or Other Advanced Degree
Area of Study Preferred(if any)
Accounting, Business, Computer Science or Finance
4-6 years of related experience 
•    Experienced in UAT testing tools, ALM, Rational ClearQuest, JIRA, DOORs
•    Experience in Software Development Life Cycle (SDLC), Waterfall and Agile 
•    Experience in interpret requirements, design applications, build applications
•    5+ years of strong PL/SQL development with Oracle, Sybase, Business Objects database
•    Strong written communication skills with emphasis on Requirement Documents
•    Knowledge and understanding of mortgage industry, secondary mortgage activities and products preferred
•    Knowledge of financial applications preferred


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: 57975