Senior Associate, Enterprise Analytics and Modeling - Risk Management

Summary

Join Fannie Mae's Enterprise Analytics and Modeling team as a Senior Associate in Model Governance Solutions (MGS). MGS is a first line of defense team focused on driving efficiency, consistency, and compliance in model management, including AI/ML. You will assess and identify model risks, collaborate with stakeholders, and contribute to a comprehensive model inventory. This role offers flexibility and the opportunity to work with a team dedicated to fair and affordable housing finance. You will drive adoption of the model governance framework, execute on governance compliance for AI/ML, and work with stakeholders to identify risks and value in AI/ML use cases. The position requires a bachelor's degree and 2 years of relevant experience.

Requirements

• Bachelor's degree or equivalent
• 2 years of risk management, governance or AI/ML experience

Responsibilities

• Drive adoption and sustainability of the model governance framework by owners and users of models
• Execute on tactical elements of governance compliance for artificial intelligence (AI) and machine learning (ML)
• Work with key stakeholders on identifying heightened risks, controls, and value of prospective AI/ML use cases
• Be part of the team responsible for providing program management and shared services in 1St Line of Defense model management
• Contribute to comprehensive model inventory
• Work with team members and leadership to deliver effective reporting
• Partner with Model Risk Management and other functions performing effective challenge of models and use cases

Preferred Qualifications

• An ideal candidate will have at least 2 years of risk management experience with exposure to model risk and AI/ML
• Experience in the practices, policies, and frameworks that guide the development, deployment, and management of AI/ML models
• Track record of execution, strong prioritization, and effective time management
• Relationship management skills to partner with team members and stakeholders as needed
• Excellent oral and written communication skills, including the ability to explain complex processes in business terms
• Experience in Financial Services or other highly regulated industries
• Strong organizational, analytical and problem-solving skills
• Ability to identify, make recommendations, and implement process improvements in day-to-day activities
• Ability to work independently, but also comfortable working and contributing within a team environment
• Comfortable working in a dynamic and ever evolving environment
• Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
• Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Governance and Compliance skills including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc
• Relationship Management skills including managing and engaging stakeholders, customers, and building relationship networks
• Passion for AI, Machine Learning and Data Analysis. Interest in exploring AI/ML trends and techniques outside of day-to-day job duties
• Learn, provide, and maintain up-to-date knowledge of relevant industry and regulatory standards, best practices, and business processes used in model risk management
• Be a self-starter

Benefits

• This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program)
• As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee’s physical, mental, emotional, and financial well-being