Credit Risk Analyst II
Fannie Mae - Washington, DC

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THE COMPANY

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration's Homeowner Affordability and Stability Plan.

Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation's housing recovery.

For more information about Fannie Mae and our career opportunities, visit www.fanniemae.com.

JOB INFORMATION

Develop, recommend, and implement credit risk standards for products or assets the company finances or underwrites. Assess and approve credit limits and monitor credit exposure for routine and complex transactions. Apply credit management models to current assets or underwritten products to recommend shifts in collateral or reserves to mitigate credit risks.

KEY JOB FUNCTIONS

Conduct credit analyses using standard and more advanced methods and tools of aggregated data provided by lenders, clients of the organization, or other sources of data.

Examine risk elements of proposed deal, purchase, or existing relationship with a client and make recommendations to management regarding continuing to closure, or additional credit enhancements needed to make deal more acceptable.

Create or assign credit scores to aggregated data from multiple loans based on the company's proprietary underwriting or loan origination software.

May take lead in maintaining data integrity of proprietary credit rating or underwriting applications and assist as a business-end user in their systems enhancements.

Research value frauds and patterns, initiate and contribute to new tools for detecting value-related fraud. Make recommendations for new policies to minimize fraud and control other risks more effectively.

May make recommendations on pricing of products or assigning of risk levels based on analysis of credit risk of loans, transactions, or proposed contract.
EDUCATION

Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

2 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

Experience in residential mortgage underwriting and assessing mortgage credit risk

Ability to perform quantitative and qualitative risk assessments of transactions

Excellent underwriting, analytical, financial modeling and risk evaluation skills with demonstrated ability to prepare concise, accurate, well-supported analyses for decision-making.

Thorough knowledge of Fannie Mae underwriting and selling guidelines

Knowledge of 3 rd- party automation tools deployed in the loan origination process

Strong oral/written communications skills

EMPLOYMENT

As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.

Fannie Mae is an Equal Opportunity Employer.

Fannie Mae - 20 months ago - save job - block
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