MF Risk - Risk Analysis - Senior Associate

Fannie Mae • Washington, DC

2d • $96,000 - $124,000 • Onsite

About The Position

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home. Job Description As a MF Counterparty Risk Analysis Senior Associate, you will play a critical role in supporting the evaluation of the operational and compliance risks associated with MF Delegated Underwriting and Servicing (DUS) Lenders. The Senior Associate role contributes to the assessments, monitoring and reporting of risks across Fannie Mae’s Multifamily counterparties and supports risk-based oversight activities that protect the safety and soundness of the DUS platform. You will also contribute to strategic technology and infrastructure initiatives aimed at enhancing risk analytics and reporting capabilities. Please note: This is an in-office position based out of the Fannie Mae Washington, DC office or Plano, Texas.

Requirements

• 3-5 years
• Bachelor’s degree or equivalent in Finance, Business, Risk Management, or a related field.
• Basic understanding of Multifamily lending/servicing or Commercial Real Estate Finance sector, (Agency exposure a plus).
• Experience supporting counterparty, operational or credit risk assessments.
• Strong analytical skills with ability to synthesize quantitative and qualitative information.
• Exposure to data driven analysis and reporting.
• Policy interpretation and risk governance support.
• Strong written and verbal communication skills.
• Ability to manage multiple projects with high attention to detail.
• Intellectual curiosity and willingness to learn.

Responsibilities

• Counterparty Risk Assessments Assist in conducting comprehensive evaluations of DUS lenders and servicers including detailed operational performance reviews and compliance risk assessments.
• Support analysis of counterparty risk, evaluate counterparties’ adherence to and compliance with MF DUS Guide and Program Rules requirements and regulatory obligations.
• Gather and analyze documentation relating to review of Lender’s operational controls, governance framework and performance metrics.
• Risk Monitoring and Surveillance Track and report lender performance including operational and financial risks utilizing dashboards and risk indicators to identify emerging risks and trends.
• Support identification of control gaps, process weakness and adverse risk trends.
• Provide key support to prepare and aggregate data and information for integrated counterparty risk assessments.
• Assist in monitoring corrective action plans and documenting remediation progress.
• Governance and Risk Framework Support Participate in the development and enhancement of compliance test protocols, policies, procedures and risk controls governing counterparty risk management.
• Contribute to decision forums to present findings and provide detailed insights into Lender performance.
• Collaboration and Relationship Management Partner with internal and external stakeholders to ensure consistent understanding of counterparty strength and risk exposures.
• Participate in meetings to communicate key risk insights and feedback to Lenders to promote strong and sustainable lender relationships.
• Contribute and provide suggestions to continuous improvement efforts and technology initiatives to strengthen risk assessments.

Benefits

• As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees