Operational Risk Manager
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 whose staff identify, measure, and monitor the company's operational risk in how its transactions and infrastructure function. Staff assess risks from unauthorized trading, software or hardware failures, lack of oversight of operations, or contingencies that would trigger disaster recovery programs. Assess threats to data integrity and security of networks and the consequences of failures or breaches. Recommend or implement risk mitigation strategies or practices.

KEY JOB FUNCTIONS
  • Confer with management of units whose operational risk is tracked to understand operational processes and to identify likely intersections, handoffs, bottlenecks and access points where operational risk is greater. Establish metrics for the business unit.
  • Assign staff in assessing, measuring, and reporting operational risk, using established methodology and criteria. Assign and prioritize work to staff according to corporate standards and regulatory reporting requirements.
  • Assess proprietary applications developed for staff to use in aggregating, analyzing, and assessing operational risk in the course of studying assigned units. Suggest business or system requirements to technical staff for refinements of these applications.
  • Prepare assessments or reports for business unit management, division or corporate management. Suggest adaptations to operational risk assessment tools, policies, or procedures based on empirical data generated by current experience.
  • Plan, document, and manage the performance of subordinate managers and/or staff. Provide for professional or technical growth through assignment, mentoring, or training.
  • Represent the unit as an expert or resource to cross-functional project or coordinating teams.
EDUCATION
  • Bachelor's Degree or equivalent required
MINIMUM EXPERIENCE
  • 6 years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
  • MS Excel, MS Access and/or MS Project
  • Experience with Risk Management
  • Experience with Technology Functions
  • Strong communication skills with consultative approach
  • General understanding of Systems Development Life Cycle
  • Experience with Industry controls and frameworks for audit, risk, compliance, security, governance and/or enterprise risk (COBIT, COSO)

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 - 15 months ago - save job - block
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