Fannie Mae · 19 hours ago
Finance Operational Risk Management - Lead Associate
Washington, DC
Full-time
Hybrid
Mid, Senior Level
$123K/yr - $161K/yr
4+ years expFannie Mae is foundational to housing finance, and they are seeking a Lead Associate for their Finance Operational Risk Management team. The role involves providing expert advice on assessing and identifying potential risks, overseeing operational effectiveness, and ensuring compliance with laws and regulations.
Financial Services
Responsibilities
Act as a source of knowledge related to Finance business process controls by coaching junior staff and monitoring testing progress
Provide day-to-day project management oversight of other Risk and Controls junior analysts and consultants (including project guidance and informal coaching)
Conduct first level review of work and documentation. Communicate project team and risk objectives; inspire and motivate team members to achieve results
Assist with coordinating and administering assignments, monitoring team progress
Partner with Finance Business Partners on issue management, track results of remediation of issues opening, remediation, closure, facilitate appropriate corrective actions
Continually strengthen and improve the governance, risk and control environment of the organization acting as a key driver of change within the FORM team and the Finance division
Build and maintain relationships with business partners at the VP, Director, Manager and staff levels
Provide advice and share knowledge with business partner VP, Directors and Managers to strengthen governance, risk and control environments, as appropriate
Conduct RCSA/Risk Assessment Execution for processes within Finance including process mapping/walkthroughs, identification of risks and controls gaps and improvement opportunities
Qualification
Required
4 years of related experience such as audit, risk assessment, risk management, internal control, etc
Extensive knowledge of risk and controls
Strong written and oral communication skills
Prior experience leading, coaching and training junior staff
Strong project management skills including the ability to manage multiple tasks, self-prioritize tasks, and meet deadlines
Ability to interact effectively throughout the organization, develop cooperative relationships, and collect information
Ability to be flexible and re-prioritize work as the needs of the business change
Skilled in Excel
Bachelor's Level Degree (Required)
Preferred
Bachelors degree or equivalent in business administration, accounting, finance, information systems, computer science
Proven experience managing and leading change with a continuous improvement mindset. Strives to identify and implement best practices
Strong consulting and influencing skills to work effectively at all levels and gain stakeholder buy-in
Demonstrated knowledge of the mortgage industry and Fannie Mae's business operations as it applies to risk assessments is highly preferred
Audit, controls testing and/or financial services experience highly preferred
Prior experience with Workiva and Archer or other enterprise GRC equivalent
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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