Single Family Risk - Policy – Senior Associate
About The Position
As a valued colleague on our team, you will contribute to the development and maintenance of the Single-Family servicing policies and implement changes that align with Fannie Mae’s strategy. In this role, you will ensure policies reflect the appropriate risk tolerance and compliance with all relevant regulatory guidance, as well as provide guidance on internal policies, business standards, and regulatory interpretation. THE IMPACT YOU WILL MAKE The Single Family Risk - Policy - 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: Develop and refine the enterprise's loan servicing policies, in particular policies related to loss mitigation and home retention solutions. Review policies to ensure alignment with internal policies and evolving regulatory landscape. Research regulatory interpretations and leading industry practices and monitor emerging risks and regulatory changes to ensure the enterprise is prepared. Evaluate market trends or other relevant data in developing policy conclusions. Consider, where applicable, relevant enterprise systems and processes to develop optimal policy guidance. Ensure clear and consistent communication of Fannie Mae’s policies through authoring formal policy communications.
Requirements
- 2 years’ experience in the primary or secondary mortgage market.
- Excellent written and verbal communication skills including the ability to present appropriately for varied audiences at all levels of the organization.
- Experience collaborating across different functional areas to achieve a common goal.
- Ability to gather accurate information to explain concepts and answer critical questions.
- Strong time management and prioritization skills.
- Skilled in Microsoft Office Suite.
Nice To Haves
- Bachelor’s degree or equivalent experience.
- 4 years’ experience in the primary or secondary mortgage market.
- Risk assessment and management skills, including evaluating risk and identifying controls.
- Problem solving skills, including identifying problems, developing and evaluating options, and implementing solutions.
- Experience in the development of mortgage loan servicing policies throughout the lifecycle, including consideration of operational impacts and implementation.
- Knowledge of loan servicing policies and practices, in particular loss mitigation and home retention solutions.
- Skilled in SharePoint.
Responsibilities
- Develop and refine the enterprise's loan servicing policies, in particular policies related to loss mitigation and home retention solutions.
- Review policies to ensure alignment with internal policies and evolving regulatory landscape.
- Research regulatory interpretations and leading industry practices and monitor emerging risks and regulatory changes to ensure the enterprise is prepared.
- Evaluate market trends or other relevant data in developing policy conclusions.
- Consider, where applicable, relevant enterprise systems and processes to develop optimal policy guidance.
- Ensure clear and consistent communication of Fannie Mae’s policies through authoring formal policy communications.
Benefits
- 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
Mid Level
Number of Employees
5,001-10,000 employees
