SF Operational Risk - Risk Management - Principal
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 In this compelling leadership role, you will lead the development of Single-Family (SF) organizational policies, controls, and guidelines for consumer compliance across business activities impacted by federal and enterprise regulations. These include, but are not limited to, RESPA, FCRA, Privacy, Fair Lending, and Fair Housing requirements. As a Principal within the SF Operational Risk (SFOR) team, you will design and build a new compliance expertise function, establishing the framework, roadmap, and engagement model that will guide implementation and long-term execution. You will operate as a trusted advisor to business leaders, risk partners, and regulators—helping ensure consumer protection risks are effectively identified, managed, and remediated while supporting strategic business objectives.
Requirements
- 8 years of relevant professional experience.
- Strong risk management and compliance expertise, including control design, impact assessments, and risk remediation.
- Experience leading and managing change initiatives aligned to strategic business goals.
- Ability to communicate complex information clearly to diverse audiences.
- Demonstrated leadership, coaching, and mentoring capabilities.
- Strong stakeholder and relationship management skills.
- Experience with documentation, reporting, and data analysis for decision-making.
- Executive-level presentation and communication skills.
- Experience developing and executing compliance-related change management processes.
- Experience identifying and remediating compliance-related issues.
- Experience using Risk Works.
- Experience using SharePoint.
- Proficiency with Microsoft Office tools (Excel, Word, PowerPoint).
- Experience using Visio.
- Consumer Compliance, Fair Lending, Lending Compliance, Regulatory Compliance
- Bachelor's Level Degree (Required)
Nice To Haves
- Bachelor’s degree or equivalent; Master’s degree preferred.
- 10 years of experience within the Single-Family lending discipline or mortgage industry.
- 10 years of experience focused on lending compliance or consumer protection risk.
- Master's Level Degree
- Juris Doctorate
Responsibilities
- Design and implement a framework for the compliance expertise function within the SF Operational Risk (SFOR) team.
- Identify and assess consumer protection–related compliance risks for new and existing SF business activities, ensuring control effectiveness.
- Review existing policies, processes, and governance structures to identify and remediate gaps in controls or oversight.
- Develop tools and processes enabling Business Unit leadership to identify compliance impacts at transactional and programmatic levels.
- Support business rationales through data analysis and stakeholder engagement to align activities with applicable regulations.
- Oversee resolution of compliance issues and manage internal and regulatory reporting obligations.
- Establish and maintain relationships with internal partners, external stakeholders, and regulatory bodies.
- Ensure data quality and integrity for compliance monitoring, reporting, and analysis.
- Maintain current knowledge of enterprise policies, procedures, and regulatory requirements.
- Promote a strong culture of compliance and internal controls.
- Develop and deliver effective compliance training for SF staff.
- Manage responses to inquiries and requirements issued by the Federal Housing Finance Agency (FHFA).
Benefits
- This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program).
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Principal
