Model Risk Analyst Lead jobs in United States
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Fannie Mae · 22 hours ago

Model Risk Analyst Lead

Fannie Mae is foundational to housing finance, and they are seeking a Model Risk Analyst Lead to support the oversight of research in mortgage finance. The role involves managing analytics and reporting functions to support model governance and risk management, while collaborating with stakeholders to identify and mitigate model risks.

Financial Services
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Comp. & Benefits

Responsibilities

Assist team in the identification and reporting of existing and emerging model risks that stem from business activities, internal processes, and changes in the financial services industry, regulatory compliance, or other external environmental factors
Work closely with relevant stakeholders to understand all aspects of the workflow processes managed for model validation, model performance monitoring, and model issue management and generate recommendations for identified patterns
Ensure risks associated with business activities are effectively identified, measured, monitored, reported, mitigated, and controlled
Participate in producing qualitative and quantitative analyses for project management and executive-level reports to provide a strategic view of model risk to key stakeholders; design, implement, and maintain an inventory of processes, controls, metric framework and dashboards supporting portfolio and business process assessments
Collaborate on technology solutions to facilitate accurate and comprehensive data capture for compilation, processing, and interpretation required in regular and ad hoc reporting to stakeholders, executive leadership teams, and regulators. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives
Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques
Perform ad hoc quantitative analyses using SQL and Python with experience in Tableau or other BI tools
Foster a culture of continuous improvement and quality excellence

Qualification

Model governanceQuantitative analyticsSQLPythonTableauSASRAnalytical problem-solvingCritical thinkingCommunication skillsCollaboration

Required

4 years in model governance, validation, reporting or development
Excellent analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines
Proficiency in programming languages such as SAS, SQL, R, or Python
Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking
Skilled in the graphical representation of information in the form of a charts, diagrams, pictures, and dashboards with programs and tools such as Excel, Tableau, or Power BI
Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas
Excellent oral and written communication; experienced at presenting information and/or ideas to an audience in a way that is engaging and easy to understand
Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal
Bachelor's Level Degree (Required)

Preferred

Bachelor's degree or equivalent; Master's degree preferred
Expertise in quantitative analytics applied to one or more areas within credit, interest rate, counterparty credit risk, and/or fixed income valuation in the financial services industry
Expertise in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)

Benefits

Health
Life
Voluntary Lifestyle
Other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being

Company

Fannie Mae

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Fannie Mae creates opportunities for people to buy, refinance, or rent a home.

Funding

Current Stage
Late Stage

Leadership Team

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Franklin Raines
Retired Chairman and CEO
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Priscilla Almodovar
Chief Executive Officer
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Company data provided by crunchbase