Campus - Analytics and Modeling Program Associate (Hybrid)

Company Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. 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’ll have access to continuous learning, grow your career, and help create access to fair, affordable housing finance.

This full-time associate role has a set annual gross base salary of $110,000.00. 

Job Description

As an Analytics and Modeling Program Associate, you will work with cutting-edge technology on diverse teams that foster innovation and collaboration. We offer an opportunity to receive on-the-job training, gain professional development, and build a wide network of peers, managers, and officers who are experts in their fields.  

THE IMPACT YOU WILL MAKE 

The Analytics and Modeling Program offers you an opportunity to develop and implement analytical skills by providing research into analytic capabilities, producing insights and providing consultative services, and leveraging our data and analytic expertise to ultimately power quality and intelligent decisions for managing the business, financial reporting, risk control and delegation capabilities. 

You will participate in a 10-week seminar-style training for both your business knowledge and technical skills. Business courses provide you with comprehensive coverage of key business areas, such as Underwriting and Pricing, Capital Markets, Loss Mitigation, Risk Management, etc. Technical courses include SAS, SQL, R and Python, as well as Business Intelligence tools (Tableau) and an introduction to working with technology and data platforms, including Netezza, Oracle and UNIX. Through hands-on experience and interaction with the analytics teams during the training, you will gain a strong understanding of Fannie Mae’s business and have a quick start on your technical capability.  

The Day-to-Day 

After training completion, you will be assigned an Analytics Team from the below four functions within Fannie Mae: 

• Single Family Analytics – Helping our business partners make decisions through targeted analytics. Providing analysis that is fast, accurate, real-time, easy to access and easy to understand, including econometric models, data visualization, web-based self-service solutions and analytics infrastructure design. 
• Finance Business Analytics – Building and applying models of Single-Family and Multifamily loan performance and valuation, property valuation and home price forecasting to deliver critical estimates for use in financial results and regulatory reporting, perform sensitivity analyses to help inform senior management planning, and provide estimates of the impacts of alternative strategic initiatives, specifically related to capital management. 
• Enterprise Modeling and Analytics – Helping to advance core models using project economic scenarios to predict borrower behavior and develop common modeling applications that host core models and generate common mortgage cash flows. 
• Enterprise Risk Management – Establishing, monitoring and reporting on business performance by leveraging enterprise data to identify emerging risks and trends. Enhancing the company’s risk analytics and capabilities using innovative and predictive capabilities. Reviewing model application implementation and data processing in various technology platforms.   

ADDITIONAL DEVELOPMENT YOU’LL RECEIVE 

First Year Forward (FYF) is a 12-month enterprise-wide professional development program for campus hires that builds foundational industry knowledge, understanding of Fannie Mae culture and core skill development while encouraging cross department connections and collaboration. 

Each month we spotlight a specific area of the business and/or set of skills and provide curated learning resources in our employee development portal, an opportunity to attend a workshop or speaker series to strengthen the capability of that skill, and finally, we make every effort to provide a networking opportunity. 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM 

Minimum Qualifications 

• Be authorized to work in the U.S. without sponsorship 
• Academic achievement (preferred GPA of 3.0 or above) 
• Bachelor’s degree or higher obtained between December 2023 and May 2024 (All Analytics and Modeling Program Associates will have a start date in July 2024)

Preferred Qualifications 

• Economics, Finance, Engineering Computer Science Math and Statistics majors are preferred  
• Strong analytical backg