Fannie Mae · 1 day ago
Credit Risk Manager - Lead Associate
Plano, TX
Full-time
Hybrid
Mid, Senior Level
$123K/yr - $161K/yr
4+ years expFannie Mae is foundational to housing finance and is seeking a Credit Risk Manager - Lead Associate to enhance access to homeownership and affordable rental housing. The role involves advising and analyzing business data to manage credit and operational risk, while collaborating with lenders and internal stakeholders.
Financial Services
Responsibilities
Build, maintain, and continually enhance relationships with lender’s senior leadership with minimal assistance
Own periodic lender credit engagements and build relationships with lender’s key risk/policy contacts; explain risk decisions to executive stakeholders
Discuss credit policy and credit risk with lenders and manage communications on selling guide updates, regulatory guidance pertaining to credit flexibility, product enhancements and GSE limitations and/or restrictions and other credit risk changes with minimal assistance from team
Monitor, analyze, negotiate, decision and engage with lenders on credit risk exceptions, profile and performance, loan quality/defects, counterparty financial eligibility and compliance
Collaborate with your team on opportunities to manage risk and support Fannie Mae Mission, products and initiatives
Act as Fannie Mae’s first line of defense by monitoring loan quality measures and counterparty eligibility and compliance
Qualification
Required
4+ years Credit Risk Management and/or Counterparty Risk Management
Strong knowledge of mortgage industry and origination process
Experience building and maintaining internal and external relationships
Proficient written and verbal communication skills; collaborative interpersonal skills and problem solving
Ability to analyze and interpret mortgage origination data and performance trends, and clearly communicate findings to stakeholders
Proficient in evaluating risks within the mortgage origination process and underwriting
Strong ability to interpret Selling Guide policies and explain requirements to partners in clear, practical, and accessible terms
Strong ability to identify opportunities for workflow process efficiencies and assist in implementing improvements that enhance accuracy and operational effectiveness
Proficient at managing a large number of small accounts, ensuring consistent oversight, timely follow‑up, and strong organizational discipline
Bachelor's Level Degree (Required)
Preferred
Knowledgeable in regulatory and operational considerations impacting mortgage originations
Strong knowledge of Fannie Mae's mission and its role in the mortgage industry
Advanced credit risk judgment and decision-making ability
Strong knowledge of Fannie Mae Selling Guide principles, credit policy frameworks, and risk resources, with the ability to interpret policy language and communicate guideline impacts effectively to lenders and internal partners
Ability to quickly ascertain lenders credit risk culture and philosophy
Ability to research industry developments, identify relevant trends, and participate in strategic discussions with chief risk executives and internal stakeholders
Strong analytical skills with the ability to evaluate and conduct a credit risk assessment
Ability to make credit recommendations while effectively engaging with lender partners and multiple internal stakeholders
Ability to negotiate and manage contract related activities
Ability to reason persuasively, make the business case, and influence lender executives and internal stakeholders
Experience monitoring counterparty exposure and collaborating on remediation strategies
Demonstrated ability to make workflow enhancements that improve efficiency and reduce operational friction
Benefits
Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.
Company
Fannie Mae
Fannie Mae creates opportunities for people to buy, refinance, or rent a home.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Franklin Raines
Retired Chairman and CEO
Priscilla Almodovar
Chief Executive Officer
Recent News
2025-10-07
2025-10-07
WSJ.com: Markets
2025-10-07
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