Financial Engineer III - Multifamily
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

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

Develop pricing analytics to establish target guarantee fees for various segments of the multifamily business. Making modifications and on-top adjustments to our existing credit pricing tools and models to come up with meaningful analytics for new business opportunities.

Develop a market pricing dashboard that tracks relevant market activity and provides the information used to modify our overall pricing strategy.

Develop a portfolio optimization framework designed to maximize value subject to multifamily business constraints. This involves establishing a comprehensive suite of constraints (regulatory or economic capital, staff and capacity, risk appetite and tolerance, etc.) used to set up a maximization algorithm that will determine target volumes and pricing by segment.

Confer with product managers, marketing staff, capital market staff, or business unit management to determine analytical or product-related needs regarding product, 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.

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 ad hoc analyses as needed and assist managers of specific product lines with analytical, valuation, or pricing projects. Collaborate with teams planning or structuring transactions to assist in credit analysis and pricing.

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.

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.

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.
EDUCATION

Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

4 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

Masters degree in Economics, Finance, Financial Engineering, Real Estate or related field

Expertise with SAS, Matlab, SQL, Excel and MS Office Suite

Proven analytical experience

Strong interpersonal skills and ability communicate analysis results with management/internal & external clients

Excellent influencing and communication 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 - 21 months ago - save job - block
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