Hiring During COVID-19: Fannie Mae is hiring for all open positions as we deliver on our mission of providing stability, liquidity, and affordability to the housing market during this critical time. All interviews and onboarding are conducted virtually. We look forward to connecting with you. Learn more

Sr. Digital Product Manager

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.


Our Digital Engineering team is looking for a Sr. Digital Product Manager on my leadership team in Plano, TX. This person will be a key partner in mission-critical initiatives across the Enterprise. You would be working with cross-functional teams to deliver on Fannie Mae’s most important digital transformation products with a keen focus on Inner Sourcing and keeping our Customers at the center of everything we do.

We are looking for people who don’t just know product ownership but have a strong engineering foundation to help us quickly move through our digital transformation journey. 

  • Establishes product vision and strategy for high complexity products and/or multiple products. This includes product vision, benefits, capabilities, value metrics, competitive landscape, current state landscape.
  • Partners with Business and Enterprise Architecture on definition of target architecture for product and ensures alignment while executing product roadmap. Drives discovery of product capabilities
  • Continually educates product team members on business process and customer value of product capabilities.
  • Leads multiple product owners and product analysts. Multiple products or single highly complex product with multiple capabilities
  • Works with key stakeholders to define product roadmap, high level prioritization, product value metrics. Leads stakeholder collaboration to make execution trade-off decisions (e.g., achievement of target architecture vs. business value vs. infrastructure complexity). Leads continuous stakeholder engagement for the product team to understand needs, define epics and features, and gain feedback on design and working software.
  • Reduces product roadmap dependencies across products over time
  • Establishes target product value metrics and tracks them throughout the lifecycle of the product. Communicates product vision, capabilities and value to various audiences. Reports on product metrics, roadmap, and financials to tribe leads and governing bodies (PEO, EPMO)
  • Partners with SIM on insights gathering strategies, customer research and testing strategies, design thinking strategies, and marketing strategies. Communicates product release roadmaps and pilots to SIM.
  • May be responsible for product resource level financial plan and oversight. Establishes and manages product roadmaps. Establishes and gains executive approval for product business cases and manages business cases thereafter. Leads first time and annual funding approval process for products
  • Makes product prioritization decisions. Leads discovery efforts for major capabilities, engaging external and internal stakeholders and product teams. Owns product backlog
  • Bachelor's Degree or equivalent required
  • 6 - 8+ years of related experience
Required Skills
  • At least 8+ years of experience in Digital Product Management
  • At least 5+ years of experience leading high performing product owner teams including coaching, mentoring, and training  
  • Engineering background and has experience with hands-on development in previous roles 
  • Serve as subject matter expert, contributing practitioner, and thought leader
  • In-depth knowledge of Agile process and principles such as LeanStack (Lean Canvas)
  • Lead Product teams through rigorous process of test and learn with focus on identifying and developing a minimum viable product (MVP)
  • In-depth knowledge of customer-centric product development (Design Thinking)
  • Solid understanding of the product lifecycle
  • Ability to be creative in strategy and execution tactics, and not afraid to discomfort the status quo
Desired Skills
  • Experience enabling an enterprise-wide digital transformation such as building out an API ecosystem, AWS implementations, etc.
  • Experience eliminating product roadmap dependencies
  • Experience as a Scrum Master would be a plus
  • Experience with Product DOJO would be a major plus
  • Hands-on engineering would be highly desirable 

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: 58961