Financial Engineer Mgr
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

Manage a unit of Engineers who use advanced mathematical, analytical, or econometric tools to create algorithms that will be used in analytical or product development processes. Using these tools, develop or refine computer applications that provide deeper analysis of prospective asset performance, asset pricing, new asset classes, or information needed to measure or hedge risk. Provide ongoing analysis of new products or asset classes, and suggest program modifications as necessary. May test applications for accuracy and functionality before putting them into service.

KEY JOB FUNCTIONS

Assign staff to confer with product managers, marketing staff, capital market staff, or business unit management to determine analytical or product-related needs regarding investment instrument, market activity, or complex transaction to be analyzed.

Use one or more analytical tools from a suite of mathematical/application tools to perform appropriate analysis on specified product, transaction, market activity, or investment vehicle that has multiple variables affecting potential outcomes.

Report in quantitative manner on parameters of proposed purchase, sale, marketing action, structure of transaction or market activity, or risk factors and the degree to which they could affect outcomes.

Assign self or staff to participate with product management, treasury, or capital markets staff in exercises to value derivatives or other complex products, or to revise models used to perform these valuations.

Perform loss forecast analysis and reporting; perform ongoing ad hoc model development and analysis for specific clients needing high level quantitative analysis of credit risk, product valuation, asset analysis, and the like.

Design test cases and test applications for systems used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented.

Redefine and implement the components of new risk indicators. Consult with the business owners, design and implement an interface to record key indicators, research industry best practices of analyzing and reporting key performance indicators.

Provide technical guidance or consultation to less senior staff. Serve as technical lead on projects or assign other unit staff to projects to develop more refined analytical applications used in pricing, valuation, risk assessment, and the like.
EDUCATION

Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

6 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

Manage staff responsible for operational activities associated with the development, deployment and maintenance of web-enabled analytic tools.

Assign tasks to ensure application migrations, production implementation and operational readiness activities are completed in accordance with business plan.

Create and sustain a comprehensive production support function to ensure application availability requirements are met and customer support is provided; function to include automated infrastructure monitoring; support ticket generation and routing, and performance (dashboard) reporting.

Develop strategic partnerships within the technology organization and track partner commitments so that business goals for scaling usage web-based analytical tools (both internally and externally) can be met. .

Serve as senior advisor with management, colleagues and clients on topics related to operational readiness and support.

Possess excellent presentation and communication skills. Must exude an executive presence and be able to influence all levels of leadership.

Demonstrate full knowledge of the Software Development Life Cycle and Agile methodologies

Be able to operate at strategic and tactical levels

Experience in financial services/banking industry highly preferred.

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 - 22 months ago - save job - copy to clipboard - block
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