VP, Technology, Data, and Third-Party Risk Oversight

Fannie MaeWashington, DC
Onsite

About The Position

The VP, Technology, Data, and Third-Party Risk Oversight is responsible for independent second line oversight across key operational risk domains, with a focus on deep-dive risk assessments, clear risk articulation, and business-relevant issue identification. Primary areas of oversight include: Data Management Risk, Technology Risk, and Third-Party Risk. This role is accountable for delivering high-quality risk insights, including comprehensive risk assessments, well-developed narratives, and actionable issue statements that clearly convey risk impact to the business and senior leadership. The VP will lead a team of domain-aligned risk experts with deep subject matter knowledge across technology, data, and third-party ecosystems. The leader will maintain a strong understanding of applicable laws and regulations, industry practices, and the Company’s core technology, data, and third-party environments, enabling effective oversight of risks, controls, and emerging trends.

Requirements

  • 12+ years of experience in operational risk management, with strong focus on technology, data, and third-party risk domains, including leadership experience in complex, regulated environments or financial institutions.
  • Demonstrated ability to perform deep analytical risk assessments and translate findings into clear, compelling narratives and business issues.
  • Proven strength in risk reporting and storytelling, including experience presenting to senior leadership and governance forums.
  • Deep subject matter expertise across one or more domains: Technology (infrastructure, applications, cloud), Data (governance, quality, lineage, usage) and Third-party/vendor risk.
  • Experience operating within a second line risk function, providing independent oversight and effective challenge.
  • Strong understanding of regulatory expectations and experience supporting regulatory interactions and exams.
  • Ability to connect technical and operational risks to business impact and outcomes.
  • Experience building and leading high-performing teams with strong analytical and communication capabilities.
  • Excellent written and verbal communication skills, with emphasis on clarity, structure, and executive-level messaging.
  • Familiarity with financial services and how technology, data, and third-party risks intersect with business operations.

Responsibilities

  • Build, lead, and develop a team of risk professionals with deep domain expertise across technology, data, and third-party risk.
  • Conduct and oversee deep-dive risk assessments that evaluate both the quality and impact of risk across domains.
  • Develop clear, concise, and well-structured risk reports and narratives tailored for senior leadership, committees, and the Board.
  • Apply deep subject matter expertise across: Technology environments and platforms, Data management, governance, and usage, Third-party/vendor ecosystems.
  • Translate complex risk findings into business-relevant issues, ensuring clarity of impact, root cause, and required actions.
  • Identify emerging risks and evolving risk themes, proactively assessing impacts to the business.
  • Ensure consistent, high-quality issue identification, documentation, and escalation aligned to risk frameworks.
  • Drive improvements in risk assessment methodologies, reporting quality, and narrative clarity.
  • Provide independent challenge to the first line and influence risk-based decision making.
  • Support and enhance risk governance practices, including alignment to the three lines of defense model.
  • Contribute to policies, standards, and procedures to strengthen risk management practices and reduce exposure.
  • Engage with regulators, audit, and internal stakeholders, providing clear and credible risk perspectives.

Benefits

  • 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

Executive

Education Level

No Education Listed

Number of Employees

1,001-5,000 employees

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