Third Party Risk - Lead Associate

Fannie Mae • Reston, VA

1d • Hybrid

About The Position

The Third Party Risk - Lead Associate contributes to assessing and identifying potential risks that may threaten Fannie Mae’s reputation, safety, security, or financial success. The role collaborates with the team and key enterprise stakeholders to understand business objectives and help manage third-party and other business risks.

The position involves identifying business areas that pose potential risk, evaluating the enterprise impact of proposed risks, and using rigorous analysis to monitor and report on information and processes that reduce risk. It also documents and reports resolutions and control guidelines, and partners with the team to review business strategies and make decisions amid changing consumer behaviors and regulations.

Requirements

• At least 2 years of experience.
• Curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence.
• Skill in presenting information or ideas to an audience in an engaging and easy-to-understand way.
• Influencing skills, including negotiating, persuading, facilitating meetings, and resolving conflict.
• Strong project management skills, including managing project plans and timelines and optimizing resources and people to deliver projects successfully.
• Proficiency with Archer, Tableau, SharePoint, Excel, PowerPoint, and Visio.
• 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 performance measures or indicators and actions needed to improve or correct performance.
• Relationship management skills, including engaging stakeholders, customers, and vendors and building relationship networks.
• Effective verbal and written communication with senior leadership, regulatory bodies, and internal audit; ability to explain complex regulations and their application to business stakeholders and processes.
• Experience helping an organization plan and manage change to meet strategic objectives.

Nice To Haves

• Bachelor’s degree or equivalent.

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 in response to changing consumer behaviors and regulations.
• Collaborate with key stakeholders across the enterprise and understand business objectives.

Benefits

• 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 its terms.

What This Job Offers

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