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

Ops Risk Analyst IV - Policies, Standards and Governance Lead

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.

Identify, measure, and monitor the company's operational risk in how its transactions and infrastructure function. Assess risks from unauthorized trading, software or hardware failures, lack of oversight of operations, or contingencies that would prompt disaster recovery programs. Assess threats to data integrity and security of networks and the consequences of failures or breaches. Recommend or implement risk mitigation strategies or practices.


  • Study and review business processes in assigned business unit; examine documentation and flow of work through systems.
  • Confer with business unit staff on business problems or the execution of unusual transactions. Coordinate across business and corporate units, and with customers in ensuring that these less common transactions or exchanges are executed appropriately.
  • Where required by internal policies or external agencies, develop documentation of business processes and safeguards. May prepare reports for inclusion in larger mandated report(s).
  • Plan and facilitate presentations and workshop sessions on process analysis, risk identification, assessment, control and mitigation. May use formal process improvement methodologies to assess and improve operating procedures in work unit(s).
  • Confer with business unit management and staff by scoping business problems, analyzing processes, losses and risk exposure and sharing lessons learned. Identify key problem drivers, and reinforce operational procedures with appropriate internal controls.
  • As needed, participate in or play technical lead in disaster recovery effort.
  • Measure and analyze performance improvement results in a business or corporate unit. Support overall IT control practices, and remediation action plan execution, and integration and systems development life cycle testing and systems certification.


Education Level Required (if any)
Bachelor Degree or Equivalent

Education Level Preferred(if any)
Master or Other Advanced Degree

Area of Study Required (if any)

Area of Study Preferred(if any)
Accounting, Business, Economics or IT/IS

Certifications Required (if any)

Certifications Preferred(if any)

6-8 years of related experience


·       Experience with implementing and executing operational risk management frameworks at a complex, interconnected, matrixed enterprise, required

·       Experience in a highly dynamic environment undergoing change; ability to function effectively at all levels of the organization in a highly complex business environment, dealing with competing priorities, strongly preferred.

·       Energetic, self-motivated and effective under pressure with little direction, must enjoy fast paced environment with ever changing priorities and requirements; must thrive in matrixed reporting structure with stakeholders at all levels of the enterprise

·       Experience with the preparation and delivery of presentations to senior executives, required

·       Strong written and verbal communication, problem solving, collaboration and negotiation skills, required

·       Assist in providing guidance and training to operational risk management staff on how to adhere to requirements within the operational risk management framework.



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: 59877