Fannie Mae · 17 hours ago
Credit Risk Manager - Senior Associate
Washington, DC
Full-time
Onsite
Entry, Mid Level
$96K/yr - $124K/yr
2+ years expFannie Mae is foundational to housing finance and is seeking a Credit Risk Manager - Senior Associate to help expand access to homeownership and affordable rental housing. The role involves advising, reviewing, and analyzing business data to improve lender performance and manage credit risk through collaboration with lenders and stakeholders.
Financial Services
Responsibilities
Initiate, develop, and enhance relationships with lender’s senior leadership with assistance from the team
Engage lenders to learn their goals, objectives, challenges, and initiatives
Support discussion on credit risk with lenders and manage communications on selling guide updates, regulatory guidance and other credit risk changes
Monitor and support lender engagement on variances, single loan waivers, profiles, performance, production quality/defects and escalation triggers using risk reports for emerging trends
Engage lenders on Opportunities to manage risk and support Fannie Mae Mission, products and initiatives
Share best practices and insights through profile and performance lender discussions
Act as Fannie Mae’s first line of defense by monitoring loan quality measures, counterparty eligibility and compliance
Qualification
Required
2+ years of experience in Credit Risk Management and/or Counterparty Risk Management
Solid understanding of the mortgage industry and core mortgage origination processes
Ability to build and maintain effective internal and external working relationships
Strong written and verbal communication skills, with the ability to collaborate across teams and support problem‑solving efforts
Ability to analyze and interpret mortgage origination data and performance trends, and clearly communicate findings to stakeholders
Skilled in evaluating risks within the mortgage origination process and underwriting
Solid ability to interpret Selling Guide policies and explain requirements to partners in clear, practical, and accessible terms
Solid ability to identify opportunities for workflow process efficiencies and assist in implementing improvements that enhance accuracy and operational effectiveness
Strong ability to manage a large number of small accounts, ensuring consistent oversight, timely follow‑up, and strong organizational discipline
Bachelor's Level Degree (Required)
Preferred
Bachelor's degree or equivalent
Familiarity with Fannie Mae's mission, products, and role in the mortgage industry, with interest in developing deeper expertise over time
Solid credit risk judgment and decision‑making skills
Working 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 research industry developments and contribute observations on emerging trends during team discussions
Strong analytical skills, with the ability to support credit risk assessments, prepare recommendations, and coordinate contract‑related activities under guidance
Ability to clearly articulate rationale, support business cases, and engage constructively with internal stakeholders and lender partners
Demonstrated ability to support workflow enhancements that improve efficiency and reduce operational friction
Benefits
Health
Life
Voluntary Lifestyle
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
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