Financial Engineering Manager, Cloud Migration

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

Manage a unit of Engineers who use advanced mathematical, analytical, or econometric tools to create and/or implement algorithms that will be used in analytical or product development processes. Using these tools, develop or refine computer applications that provide deeper analysis of prospective asset performance, asset pricing, new asset classes, or information needed to measure or hedge risk. The engineer must demonstrate the ability to efficiently code, test & certify technology platforms, software and applications. Provide ongoing analysis of new products or asset classes, and suggest software modifications as necessary. May test applications for accuracy and functionality before putting them into service.

KEY JOB FUNCTIONS

• Assign staff to confer with financial modelers, risk managers, product managers, marketing staff, capital market staff, or business unit management to determine analytical or product-related forecast needs regarding investment instrument, market activity, or complex transaction to be analyzed.
• Use one or more analytical tools from a suite of mathematical/application tools to support analysis on specified product, transaction, market activity, or investment vehicle that has multiple variables affecting potential outcomes.
• Assign self or staff to participate with enterprise modeling, model risk management, product management, treasury, or capital markets staff in exercises to revise model implementations used to perform loss allowance, credit forecasting and/or valuation analyses.
• Perform loss forecast analysis and reporting; perform ongoing ad hoc model development and analysis for specific clients needing high level quantitative analysis of credit risk, product valuation, asset analysis, and the like.
• Design, build and test applications used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented.
• Partner with and influence stakeholders to promote simplification, standardization and innovation of model-related applications and to ensure risks are understood and minimized.
• Document design and engineering standards; develop key performance metrics and operational guidelines for consistent & stable design, build, implement and operational processes supporting model-related applications.
• Establish strategic direction for model-related applications including technology reviews, analysis and selection in order to ensure that current applications can continue to evolve into the next generation.
• Provide technical guidance or consultation to less senior staff. Serve as technical lead on projects or assign other unit staff to projects to develop/ refine analytical applications used in pricing, valuation, risk assessment, and the like.
  

EDUCATION
Bachelor Degree or Equivalent

MINIMUM EXPERIENCE

6-8 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

• 10+ years of development leadership in financial industry required
• Experience in leading Agile teams of 5-10 members
• Strong influencing and customer relationships skills with business and technical partners and software stakeholders
• Knowledge of AWS development 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.