Enterprise Risk – Fraud Risk Analytics & Technology – Principal (Second Line)

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

As a leader within the Analytics & Modeling team in the Second Line of Defense (Enterprise Risk Management), you will lead the strategy and oversight of Fannie Mae’s fraud risk analytics and fraud related technology. You will provide authoritative independent challenge, advanced analytical insight, and credible oversight of the First Line’s fraud detection, prevention, and monitoring capabilities. You will shape the enterprise fraud analytics agenda, strengthen fraud data governance, and ensure our tools and methods align with risk appetite and supervisory expectations. 

The Impact You Will Make 

The Enterprise Risk – Fraud Risk Analytics & Technology – Principal (Second Line) 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:

• • Provide independent oversight and effective challenge of First Line fraud analytics, models, rules libraries, AI/ML algorithms, monitoring logic, and surveillance activities. 
  • Set and execute the Second Line fraud analytics oversight agenda, including thematic reviews, deep dive validations, and targeted examinations of model effectiveness and control design. 
  • Advise and brief the Head of Fraud Risk Oversight on systemic analytics weaknesses, data risks, technology gaps, and control failures requiring escalation. 
  • Drive fraud data governance standards (lineage, quality, completeness, accuracy, availability) critical to detection and reporting. 
  • Translate complex analytical findings into clear, decision useful insights for ERC, senior leadership, and the Board. 
  • Define the enterprise fraud analytics and technology strategy for the Second Line, aligned to fraud taxonomies, risk appetite, and emerging threats. 
  • Oversee development and challenge of advanced fraud analytics, including anomaly detection, behavioral analytics, network/graph analysis, segmentation, and specific risk indicators (e.g., employment fraud, authentication fraud, scams, business email compromise, impersonation of Fannie Mae). 
  • Evaluate, recommend, and oversee the implementation of fraud technology platforms (e.g., case management, detection engines, analytics environments) and the data pipelines that support them. 
  • Assess and challenge AI/ML explainability, fairness, bias, stability, and controls for fraud related analytics, in partnership with model risk management. 
  • Build and maintain risk reporting and dashboards for ERMC, senior leadership, the Board, and supervisory interactions. 

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 8 years of deep expertise in fraud analytics, financial crimes data, and technology enabled fraud controls within large financial institutions or government regulated entities. 

• Hands on experience building or o