Model Governance - Risk Management - Advisor

Fannie Mae • Reston, VA

91d • $138,000 - $180,000 • Remote

About The Position

As a valued contributor to our team, you will advise the team on methods, models, and analytical templates used for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as work with management and team members in communicating and collaborating with key stakeholders across the enterprise, and understand business objectives.

Requirements

• 6 years of experience
• Strong knowledge of model risk management and related regulatory guidance
• Familiarity with Fannie Mae's multifamily business or the secondary mortgage market
• Experience creating and implementing model governance documents aligned with internal policies and standards
• Excellent written and verbal communication skills for technical and non-technical audiences
• Skilled in influencing, negotiating, and resolving conflict
• Strong organizational skills and ability to work independently
• Proficiency in Tableau or other Dashboard/BI reporting tools, Excel, Visio, and PowerPoint
• Ability to understand and implement model risk governance requirements across the end-to-end model lifecycle
• Experience in risk assessment, control design, and compliance evaluation
• Ability to implement model governance requirements across the model lifecycle

Nice To Haves

• Bachelor's degree or equivalent experience
• Prior experience developing best practices and training modeling teams
• Strong proofreading and editing skills for technical modeling documents
• Experience with Risk Works and other business intelligence tools
• Experience with python or other programming languages
• Business insight including forecasting, benchmarking, and interpreting market data
• Experience supporting organizational change aligned with strategic goals
• Relationship management skills across stakeholders and vendors
• Experience gathering and presenting complex information in engaging formats
• Background in model development, governance, testing, and validation
• Knowledge of industry standards and evolving regulatory expectations

Responsibilities

• Advise team on the application of methods, models, and analytical templates used to determine business areas that pose potential risks to the enterprise.
• Collaborate with team to evaluate and advise on the impact of proposed risks to the enterprise.
• Review processes to reduce risk using rigorous analysis.
• Partner with team to review and provide feedback to management on resolutions and control guidelines.
• Partner with the team to review, develop business strategies, and make decisions that will drive success in the face of shifting consumer behaviors and regulations.

Benefits

• 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
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree