Fannie Mae

Enterprise Risk - Corporate Governance - Senior Associate

Posted on: 29 Jan 2021

Washington, DC

Job Description

Company Description

At Fannie Mae, futures are made. The inspiring work we do makes an affordable home a reality and a difference in the lives of Americans. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will help lead our industry forward and make your career.

Job Description

As a valued colleague on our team, you will contribute to setting organizational policies and guidelines, and work with your team on overseeing the organization's activities. In this role, you will monitor and document changes in internal and external regulations, collaborate in developing and adjusting governance policies (to align with changing needs and external requirements), and monitor and report on activities that require compliance with policies and regulations. You will participate in meetings with regulators and government groups to establish regulatory requirements and strategic plan implementation, as well as assist with the implementation of strategic plans in partnership with business units to ensure adherence to regulatory requirements.

THE IMPACT YOU WILL MAKE

The Enterprise Risk - Corporate Governance - 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 both regular and ad hoc reports to monitor trends and analyze reports to identify key issues. Distribute reports to appropriate audiences or summarize findings for inclusion in other reports/presentations.
* Serve as a point of contact and subject matter expert to address questions and concerns, provide guidance, and support the communication, awareness, interpretation, and adoption of risk management policies, standards, and procedures.
* Provide support for efforts to maintain policies, standards, procedures, guidance and reporting metrics for Key Business Decisions and the Risk Appetite and Limits Framework.
* Provide support for the administration of the KBD Program.
* Assist in the development and delivery of training to support ERM governance requirements and initiatives.
* Assist with execution of compliance monitoring activities for governance documents owned by the team.
* Support project management efforts related to team activities and remediation of issues identified by internal and external sources.
* Contribute to the process integrity efforts related to policy exceptions and other corporate requirements.
* Support collaboration efforts with Compliance and Ethics and Corporate Governance on matters related to Management Level Governance requirements.
* Support coordination efforts with MLC Business Leads and Committee Administrators on matters related to MLC coordination, including alignment of subordinate risk committee activities with ERC and RPCC requirements.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

* 2 years

Desired Experiences

* Bachelor degree or equivalent

Skills

* Understanding of risk management concepts and experience in policy/standard/procedure development, analysis, and implementation.
* Experience in developing and delivering management and MLC level reporting.
* Familiarity with ERM governance requirements (e.g., Key Business Decisions, Risk Appetite and Limits, Issues Management, Risk Identification and Assessment).
* Strong problem-solving skills and ability to quickly come up to speed on new matters.
* Strong written and verbal communication skills.
* A highly motivated and organized self-starter with the ability to quickly adjust priorities in a demanding and complex environment.
* Strong relationship management skills with the ability to interact effectively and diplomatically with various business units and functional areas, thoughtfully considering and incorporating stakeholder feedback, as appropriate.

Tools

* Skilled in Excel, PowerPoint, Microsoft Teams, and SharePoint

Additional Information

Preferred Qualifications

* Degree in Accounting, Business, Economics or Finance
* Consulting background / experience
* Knowledge of Single Family, Capital Markets, and/or Multifamily businesses
* Project management experience

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.

Fannie Mae

Washington, DC

Federal National Mortgage Association provides a source of liquidity to the mortgage market and supports the availability and affordability of housing in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates in two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S. Department of Agriculture, manufactured housing mortgage loans, and other mortgage-related securities. This segment also provides single-family mortgage, as well as credit risk and loss management services.

The Multifamily segment securitizes multifamily mortgage loans into Fannie Mae MBS; purchases multifamily mortgage loans; and provides credit enhancement for bonds issued by state and local housing finance authorities to finance multifamily housing. This segment also issues structured MBS backed by Fannie Mae multifamily MBS; buys and sells multifamily agency mortgage-backed securities; and offers delegated underwriting and servicing, as well as multifamily mortgage, and credit risk and loss management services. The company serves mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, specialty servicers, insurance companies, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is headquartered in Washington, the District of Columbia.

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