Third Party Risk - Lead Associate

Fannie Mae • Reston, VA

1d • $123,000 - $161,000 • Hybrid

About The Position

As a valued colleague on Fannie Mae’s team, the Third Party Risk - Lead Associate contributes to assessing and identifying potential risks that may threaten the organization’s reputation, safety, security, or financial success. The role collaborates with team members and key stakeholders across the enterprise and develops an understanding of business objectives. It offers flexibility in how each day is organized while working with colleagues to support enterprise risk management.

The position assesses potential risks across business areas, evaluates their impact, monitors and reports on risk-related information and processes, and documents resolutions and control guidelines. It also partners with the team to review business strategies and support decisions amid changing consumer behavior and regulations.

The role is associated with a $123,000–$161,000 hiring range and eligibility to participate in a Fannie Mae incentive program, subject to its terms. Fannie Mae describes a comprehensive benefits package including health, life, voluntary lifestyle, and other benefits and perks. The posting notes that most employees are expected to work onsite regularly at their designated office, with cadence determined by the manager; this role is labeled hybrid.

Requirements

• At least 2 years of experience.
• Curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how work is done.
• Ability to present information or ideas to an audience in an engaging and easy-to-understand way.
• Influencing skills, including negotiating, persuading others, facilitating meetings, and resolving conflict.
• Strong project management skills, including managing project plans and timelines and optimizing resources and people to ensure successful project delivery.
• Tools: Archer, Tableau, SharePoint, Excel, PowerPoint, and Viso.

Nice To Haves

• Bachelor’s degree or equivalent.
• Risk management knowledge and expertise, including third-party risk management, vendor management, procurement, and risk management.
• Risk assessment and management experience, including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating risk.
• Experience creating and implementing governance documents and procedures aligned with internal policies, standards, and regulatory guidance.
• Analytical and problem-solving experience identifying system performance measures or indicators and actions needed to improve or correct performance to achieve desired outcomes.
• Relationship management experience engaging stakeholders, customers, and vendors and building relationship networks.
• Effective verbal and written communication with senior leadership, regulatory bodies, and internal audit, including explaining complex regulations and their application to business stakeholders and processes.
• Experience helping an organization plan and manage change to meet strategic objectives.

Responsibilities

• Determine business areas that pose potential risks to the enterprise.
• Evaluate the impact of proposed risks to the enterprise.
• Monitor and report on information and processes to reduce risk using rigorous analysis.
• Document and report on resolutions and control guidelines.
• Partner with the team to review business strategies and make decisions that support success amid changing consumer behaviors and regulations.

Benefits

• A broad range of health, life, voluntary lifestyle, and other benefits and perks supporting physical, mental, emotional, and financial well-being.
• Eligibility to participate in a Fannie Mae incentive program, subject to program terms.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed