SF Risk - Loan Quality Credit Compliance - Senior Associate

Fannie Mae • Plano, TX

118d • $89,000 - $115,000 • Remote

About The Position

As a valued colleague on our team, you will contribute to performing loan reviews in areas of loan origination, credit underwriting, quality control, and loan delivery to ensure that loans adhere to the firm's specific guidelines and requirements related to credit, collateral, and data accuracy. In this position, you will report on credit quality, collaborate with internal policy and strategy teams, communicate loan defects to stakeholders, and work with lenders and internal partners to resolve issues.

Requirements

• 2 Years of experience.
• Bachelor's degree or equivalent.
• Prior Post-Close audit/due diligence experience.
• Familiarity with GSE (Government-Sponsored Enterprise) underwriting and eligibility standards is highly valuable.
• Ability to interpret loan-level data, identify trends, and communicate findings using tools like Excel, SAS, or Tableau.
• Collaboration with credit risk, collateral, fraud, and policy teams is key to resolving complex issues.

Nice To Haves

• Industry certifications (optional but valuable).

Responsibilities

• Review loans for quality assurance, misrepresentation, and risk related to credit, collateral, and data accuracy.
• Draft defect communications, rebuttal responses, and collaborate with internal policy teams.
• Ensure compliance with the firm's eligibility requirements and underwriting standards.
• Identify potential fraud and investigate methods of resolving issues.
• Review work of internal teams for compliance with internal underwriting standards and quality assurance and analyze and report on loan quality issues.
• Review and manage outstanding repurchases and work with lenders to resolve complicated repurchase or make whole requests.
• Investigate lender responses and rebuttals to resolve significant issues.
• Analyze acceptance of repurchase alternatives to offset risk.
• Collaborate with internal partners to identify lender challenges and suggest policy or process changes.

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