Fannie Mae

Lead Financial Engineer

Posted on: 11 Apr 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 modernize the nation's housing finance system while being part of an inclusive team using new, emerging technologies. Here, you will help lead our industry forward, enhance your technical expertise, and make your career.

Job Description

As a valued colleague on our team, you will provide expert advice and guidance to the team responsible for applying mathematical models, advanced tools or techniques (such as SAS, Python, and R), and financial industry knowledge to business or financial data, including model results.Your efforts will enable the team to analyze or report on business performance, solve business questions, or inform business decisions. Work may include developing models or prototypes to achieve these goals, but is not the core focus in the role.

THE IMPACT YOU WILL MAKE
The Lead Software Engineer 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 approach to processing or analyzing large amounts of data efficiently using advanced financial engineering tools and techniques. Determine customer's intended uses for a financial analysis or model.
* Lead financial analysis or forecasting, which may include scenario or sensitivity analysis, stress testing, or attribution analysis.
* Execute models and/or interpret model results. Translate the results from the analysis or models for the customer into understandable conclusions.
* Work directly with model builders to vet new models, suggest changes to existing models, or analyze model performance data.
* Perform advanced data and systems analysis, validation, and regression testing.

Qualifications

Required Skills:

* 8 years experience
* Background in Finance, Economics, Data Science, Analytics, Forecasting, and/or Software Engineering
* Experience working with Agile technology development teams to implement internal software systems
* Background in mortgage finance or financial analytics/forecasting
* Technical Skills: AWS, Java, API, EDL Data (Python, EMR / Spark), SQL

Desired Skills:

* Bachelor's degree in Computer Science, Information Systems, Finance, Business, Mathematics, Statistics, or related or equivalent
* Experience in Financial Analysis pertaining to Counterparty Risk Management will be a big plus
* Strong verbal/written communication and presentation skills
* Ability to communicate complex topics in a meaningful manner

Skills

* Skills related to Programming including coding, debugging, and using relevant programming languages
* Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
* Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
* Adept at managing project plans, resources, and people to ensure successful project completion
* Skills related to Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict

Tools

* Java
* SQL
* AWS
* Python
* EMR
* Spark

Additional Information

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.

REF3183O

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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