Senior Director, Head of Acquisition Risk and Portfolio Management

Summary

Join Fannie Mae and lead risk monitoring, forecasting, and reviews for the Single Family portfolio. This senior director role involves optimizing the portfolio, collaborating with leadership, and directing teams on risk mitigation strategies. You will review and forecast risks, identify issues hindering goals, and propose actions to mitigate impact. The position requires extensive experience in risk management within a financial institution, strong analytical and communication skills, and proficiency in various software applications. Fannie Mae offers a flexible hybrid work environment and a comprehensive benefits package.

Requirements

• 8 years of experience working in risk management function for a financial institution, 12 years of experience preferred
• Must have adequate knowledge of Single Family mortgage business and risk and understand stress test for financial institutions

Responsibilities

• Review and forecast risks to Single Family business and collaborate with leadership to develop and lead initiatives to change and improve the forecast, monitoring and identification process
• Optimize Single Family portfolio by balancing multiple objectives. Timely report and identify issues that may hinder Single Family achieving its goals
• Understand Fannie Mae’s DU model
• Provide innovative ideas to improve our process and functions to gain efficiency
• Propose actions to execute plans or decisions to avoid risks or mitigate their impact
• Oversee risk analysis, review findings, and assist leadership with developing solutions
• Direct and train teams and business groups on risk mitigation strategies and assist leadership with strategy development

Preferred Qualifications

• Bachelor’s degree, Master’s degree preferred
• Strong written and verbal communication skills
• Skilled in Excel, Power Point, and Tableau
• Skilled in SQL and Python object-oriented programming
• Experience identifying and determining levels of mortgage risk and provide remediation for risk reduction
• Portfolio management skills, understand portfolio optimization framework, able to assess impact on Single Family portfolio when making tradeoff decisions
• Familiar with mortgage loan underwriting model (DU) framework, stress testing, Basel regulatory capital
• Risk assessment and management capability including evaluating and designing controls, conducting impact assessments, identifying gaps, and remediating risk
• Familiar with risk limit setting methods and process
• Understand stress test concept and techniques for financial institutions
• Adequate quantitative knowledge to understand quantitative credit risk models, and their model rationale and applications
• Track record for conducing independent, original research; for example, be able to manipulate data to perform sound analysis that leads to decision making
• Strong presentation skills
• Able to manage project plans, resources, and people to ensure successful project completion
• Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, coaching and mentoring
• Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
• Experience helping an organization to plan and manage change in effort to meet strategic objectives
• Must be able to work with people having a different functional expertise respectfully and cooperatively while working toward a common goal
• Sound relationship management skills including managing and engaging stakeholders, customers, vendors, and building relationship networks

Benefits

• Flexible hybrid company
• Incentive program
• Health, Life, Voluntary Lifestyle, and other benefits and perks