Job Detail
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Career Level Others
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Experience 2 Years
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Qualifications Degree Bachelor
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 impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will help lead our industry forward and make your career.
As a valued colleague on our team, you will contribute to risk monitoring and reviews for the organization, coordinate risk mitigation activities, and provide risk mitigation assistance to other groups.
THE IMPACT YOU WILL MAKE
The Counterparty Risk Analyst – Senior Associate 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:
- Conduct operational risk-based reviews on Sellers to evaluate compliance with Fannie Mae’s Selling Guide and assess operational effectiveness.
- Perform reviews of lender quality control plans and procedures to ensure compliance with requirements outlined in the Fannie Mae Selling Guide.
- Evaluate a lenders overall ability and effectiveness to perform their responsibilities as a Fannie Mae seller and make recommendations for approval to management.
- Participate in projects and collaborate across teams to recommend and implement process improvements on an ongoing basis.
- Manage multiple tasks with shifting priorities.
- Monitor and identify risks to a group or the organization.
- Coordinate risk activities across groups.
- Analyze risks and collaborate with team to develop solutions.
- Partner with teams and business groups on risk mitigation strategies.
- Implement plans or decisions to avoid risks or mitigate their impact.
Required Experiences
- 2 years relevant experience
- Prior experience or knowledge of the mortgage loan quality control and underwriting processes. Needs to understand the loan manufacturing and QC processes.
- Prior experience evaluating compliance and recommending changes to improve lender processes.
- Excellent verbal and written communication skills required. Can clearly articulate messages to lenders, management, and colleagues.
- Ability to work well independently and manage multiple tasks with shifting priorities.
- Ability to provide insights and influence lenders regarding their mortgage loan quality and underwriting processes. Skilled at persuading others, facilitating meetings, and resolving conflict.
- Able to interact respectfully with others and work cooperatively towards a common goal.
Desired Experiences
- Bachelor degree or equivalent
- Experience in the mortgage loan selling process required; servicing experience highly desired
Additional Information
The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.
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 careers_mailbox@fanniemae.com