The hiring group supports the Modeling and Analytics (M&A) division of the company with governance activities related to internal and external oversight and implementation of controls for division activities, which include model and software development, and execution of models to support business decisions and financial reporting. The support covers a broad spectrum of activities including strategic planning and execution of projects to achieve control and compliance objectives, and requires interaction with oversight teams, including model validation group, on behalf of the M&A division.
The candidate for this role will, under limited supervision, plan, manage, and execute varied projects and programs related to model and software development lifecycle, provide oversight and coordination of reviews and validations of models and applications, and monitor on-going execution of financial models to ensure appropriate controls. This role will require the candidate to
Interact with all levels of management within the M&A and Oversight teams to gather information to design programs, determine project parameters and specifications, and budget human, financial and other resources.
Track progress and ensure compliance with program goals and governance requirements and provide report-outs to project stakeholders.
Work is generally high in complexity and requires the individual to develop solutions and resolve a wide range of issues.
Key Job Functions
Meet with Subject Matter Experts and leverage mortgage and finance industry background to understand financial model and modeling application methodologies, functions and uses.
Utilize broad expertise and specialized knowledge to plan and execute assignments including process re-engineering for on-going execution of financial models, operational assessment, risk identification, gap analysis, remediation of controls issues and process documentation.
Plan course of relatively large or complex project(s), including milestones, resources needed in the form of staff hours, budget, use of technology and tools and document in project plan, following established project management methodology.
Track course of project from meetings, conferring with developers, modelers, and oversight groups. Report on progress and update project plan as needed.
Assess compliance of development and/or remediation process with accepted methodology and communicate to responsible managers or staff. Document exceptions or deviations as needed. Convene meetings and plan agenda to ensure important issues are aired and resolved.
Report on progress of project, use of staff, $ expenditures, progress on milestones and the like to key stakeholders.
Provide guidance to project staff and help develop less experienced members of the team; may manage staff of analysts. May plan, document, manage and evaluate staff performance, or contribute to evaluation by their managers.
Contribute to professional or technical development of less experienced staff by mentoring or training.
Job Function Descriptor : Generally functions in a lead role by providing guidance and direction to colleagues/clients in area(s) of expertise. Develops solutions and resolves the most complex issues, as necessary. Uses knowledge of specialty areas and full knowledge of related disciplines. Work is typically performed without direction.
- Bachelor's Degree or equivalent required
SPECIALIZED KNOWLEDGE & SKILLS
- 6 years of related experience
- Excellent written and oral communication skills are required.
- Prior experience and knowledge in modeling and analytics for mortgage or financial services industry is required.
- Experience in developing and/or re-engineering financial models and processes is preferred.
- Experience in technology implementations, SDLC and best practices related to technology infrastructure and controls is preferred.
- Experience with SOX controls, risk management, model validation and oversight is preferred.
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.
As a condition of employment with Fannie Mae, any successful job applicant may be required to pass credit check for positions in some areas of our business.
Fannie Mae is an Equal Opportunity Employer.
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