Director - Financial Engineering

At Fannie Mae, 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 a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access to affordable housing finance.

Job Description

In this compelling leadership position, you will lead the team responsible for applying financial models, advanced tools or techniques and financial industry knowledge to support the single-family business in the structuring of Fannie Mae’s Credit Risk Transfer (CRT) deals to optimize capital efficiency. Your efforts will enable Fannie Mae to optimize its multi-billion-dollar CRT program, which covers both Capital Markets as well as reinsurance executions. Work will include leading a CRT analytics group and working with stakeholder to optimize deal issuance while providing thought leadership to senior management as they incorporate CRT into capital planning activities.

THE IMPACT YOU WILL MAKE

The Director - Financial Engineering 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:

• As the leader providing analytics for Credit Risk transfer issuance, leverage suite of analytics toolkit to optimize CRT structures

• Lead the development, testing, implementation and enhancement of models used for CRT structuring in alignment with model management governance standards, including potential changes needed to optimize the models and processes within the team

• Represent the financial implications of CRT to senior management as they strategize about capital optimization

• Manage relationships across finance, the SF business and the broader analytics user community

• Monitor industry trends in structured products and regulatory risk transfers  to guide future structuring decisions.

• Develop and maintain a diverse team consisting of associates focused on modelling structured products, coding and financial analysis.

THE EXPERIENCE YOU BRING TO THE TEAM

 

Minimum Required Experiences:

• 8+ years experience in financial analysis

• Experience leading analytics team supporting business decision making

• Excellent verbal and written communication skills

Desired Experiences:

• Bachelor degree or equivalent; Master degree preferred

• Expertise in structured products in mortgage space

• Knowledge of Fannie Mae’s credit risk transfer program and products

• Knowledge of mortgage performance modelling 

• Working experience in large financial institutions managing financial models and their implementation

• Expertise in understanding of regulatory capital

Leadership Skills

• Experience leading teams supporting financial analysis to ensure appropriate skillsets, training, and development of the team. 

• Adept at working with teams respectfully and cooperatively while working toward a common goal 

• Proficient written and oral communication skills, particularly the ability to deliver complex technical information to diverse audiences in a meaningful way 

• Bring insight to stakeholders (including our regulators) leveraging financial expertise and understanding of business objectives.

• Demonstrate the ability to build trust and credibility both within the team and with key stakeholder groups through effective collaboration, insightful analysis, and the ability to influence 

Qualifications

Education:

Bachelor's Level Degree (Required), Master's Level Degree

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

For most roles, employees are encouraged to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless