Senior Associate, Enterprise Risk Management Technology

Job Description

At Fannie Mae, futures are made. The inspiring work we do makes an affordable home a reality and a difference in the lives of Americans. Every day offers compelling opportunities to modernize the nation's housing finance system while being part of an inclusive team using new, emerging technologies. Here, you will help lead our industry forward, enhance your technical expertise, and make your career.

This role is essential for MRP Platform in support of Hedge Accounting (HA) Initiative. The person will be responsible for new enhancements, releases & maintenance activities; which will assist in filling the gap created by additional demand due to HA.

• Use advanced requirements analysis and data analytics to create business process flows and algorithms that will be used in analytical or product development processes.
• Develop or refine computer applications that provide deeper analysis of prospective financial asset performance, asset pricing, new asset classes, or information needed to measure and hedge risk.
• Provide ongoing analysis of new financial asset classes and suggest program modifications as necessary.
• May test applications for accuracy and functionality before putting them into service.

The Senior Associate, Financial Engineer role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• Confer with product managers, business unit management and capital markets staff to determine analytical or product-related needs regarding product features, investment instruments, market activity, or complex transactions to be analyzed.
• Report in quantitative manner on data attributes and parameters of proposed purchase, sale, market transactions, or risk factors and the degree to which they could affect outcomes.
• Perform ad hoc analyses as needed and assist managers of specific product lines with analytical, valuation, or pricing projects.
• Redefine and implement the components of new risk indicators. Consult with the business owners, design and implement an interface to record key indicators, research industry best practices of analyzing and reporting key performance indicators.
• Design test cases and test applications for systems used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 4 years
• Bachelor's Degree in Computer Science, Information Systems, Finance, Business, Mathematics, Statistics, or related

• 4-6 years of related experience
• Experience with requirements analysis and documentation
• Exposure to relational and dimensional data model concepts
• Technical skills: Data analysis using SQL, Excel, Business Intelligence Reporting using MicroStrategy/Tableau
• Excellent communication skills (written and verbal)
• Strong collaboration and organizational skills
• Experience with business process re-engineering and/or continuous process improvement preferred
• Experience with Fixed Income Instruments, Risk Management, System & Data Analysis, preferred
• Subject matter expertise in mortgage finance, fixed Income analysis and risk management, mortgage instruments (MBS, Loan, CMO) data, hedging principles and hedging instruments using swap and swaptions, preferred
• FRM or CFA Certification is a plus

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

Successful job applicants will be required to successfully complete a background investigation.