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Vice President of Diversity - Office of Minority & Women Inclusion

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.


JOB INFORMATION

Under the direction of the Senior Vice President & Chief Compliance Officer, the Vice President - Office of Minority and Women Inclusion (OMWI) leads the day-to-day operations of OMWI. The OMWI has the responsibility to promote and ensure a diverse culture at Fannie Mae in balance with financially safe and sound business practices. It will also oversee the inclusion of minorities, women, individuals with disabilities, and minority-, women-, and disabled-owned organizations in all business activities and at all levels of the regulated entity, including in management, employment, procurement, insurance, and all types of contracts. Together with the SVP, this officer will promote non-discrimination, diversity, and inclusion, and will develop and implement strategies to ensure that diversity and inclusion is embedded in the company’s initiatives, programs and practices.



KEY JOB FUNCTIONS

• Develops, implements, manages, and evaluates Fannie Mae’s Diversity and Inclusion (D&I) Strategic Plan.
• Implements the standards and requirements under the Minority and Women Inclusion Final Rule, including the development of appropriate governance documents, policies, and programs to support the Company’s D&I program.
• Keeps abreast of changes to the legal and regulatory environment; assesses implications and revises strategies for Fannie Mae's OMWI program accordingly.
• Builds and maintains an effective relationship with the Federal Housing and Finance Agency (FHFA) Fannie Mae’s regulator, specifically with its OMWI office.
• Leads Fannie’s Employee Resource Program inclusive of all 11 ERGs which are led by passionate team members and executive sponsors.
• Creates and supports strategies to recruit and retain a diverse, inclusive, and talented workforce while ensuring compliance with equal employment opportunity and other requirements.
• Partners with the business units to drive the development, interpretation and implementation of plans for compliance with regulatory obligations and identify areas for improvement.
• Cultivates work and learning environments that encourage and support diversity and inclusion, including in Human Resources (HR) programs such as new employee orientation, performance management, training and development, and succession planning.
• Leads the OMWI Strategy, Metrics & Reporting team, overseeing D&I activities, compilation of the annual report, and other reporting on regulatory-mandated metrics, D&I Strategic Plan Tactics, Conservator Scorecard D&I initiatives, and other D&I initiatives and activities as appropriate.
• Acts with the SVP as the company spokesperson for media concerning the Company's commitment to diversity & inclusion programs.
• Supports all other D&I efforts in the Company, including efforts under the Conservator Scorecard
• Leads the OMWI Outreach & Engagement team, overseeing specific outreach programs to the marketplace, workplace, and workforce, including development of external relationships to increase business in underserved communities by leveraging lender partners through initiatives such as financial literacy, foreclosure prevention, and increasing consumers' trust in the housing market.
• Ensures effective execution of the company’s Diversity Advisory Council.

    EDUCATION
    
    BA or BS degree required and/or an advanced degree in business, behavioral/social science, HR management or another relevant field is preferred.

    MINIMUM EXPERIENCE • 5-7 years of experience managing corporate diversity and inclusion programs, specifically in the areas of procurement, recruiting, employee development, engagement, and retention.
    • 5+ years of experience in a compliance-related field, 15+ years of business leadership experience in a position of strategy development, plan implementation, and operations.
    • Strong executive communication skills and experience with Board exposure and is highly desired.
    • Understanding of EEO and contracting concepts and requirements.
    • Ability to understand and utilize data (both quantitative and qualitative) to accurately diagnose key issues and develop strategies and plans.
    • Project management experience with ability to implement corporate change strategies in partnership with senior leadership and across functions.
    • Proven ability to build successful and effective relationships with individuals at all levels of an organization; promote ideas persuasively and effectively, win buy-in for initiatives and work through conflicts, in order to ensure operational alignment and high impact execution.
    • Strong business acumen and executive presence along with demonstrated facilitation and presentation skills.
    • Relevant work within a top financial institution or complex, highly regulated corporation is preferred.


    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: 59546