Credit Risk Analyst III
Company Name:
Fannie Mae
Position Type:
Full-time
THE COMPANY
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration's Homeowner Affordability and Stability Plan.
Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation's housing recovery.
For more information about Fannie Mae and our career opportunities, visit .
JOB INFORMATION
Develop, recommend, and implement credit risk standards for products or assets the company finances or underwrites. Assess and approve credit limits and monitor credit exposure for routine and complex transactions. Apply credit
management
models to current assets or underwritten products to recommend shifts in collateral or reserves to mitigate credit risks.
KEY JOB FUNCTIONS
Conduct credit analyses using advanced methods and tools of aggregated data provided by lenders, clients of the organization, or other sources of data.
Examine risk elements of proposed deal, purchase, or existing relationship with a client and make recommendations to management regarding continuing to closure, or additional credit enhancements needed to make deal more acceptable.
Create or assign credit scores to aggregated data from multiple loans based on the company's proprietary underwriting or loan origination software.
May take lead in maintaining data integrity of proprietary credit rating or underwriting applications and assist as a business-end user in their
systems
enhancements.
Research value frauds and patterns, initiate and contribute to new tools for detecting value-related fraud. Make recommendations for new policies to minimize fraud and
control
other risks more effectively.
Develop model approaches to new credit enhancement and risk sharing agreements. Work with business unit management to determine appropriate strategies for entering new mortgage markets with high model uncertainty.
Advise marketing staff or customers about corporate credit policies and counsel them to adopt
practices
that assure better chance of success in deals or transactions.
May lead analytical, policy development, or integration effort within unit or with other corporate departments.
Qualifications:
EDUCATION
Bachelor's Degree or equivalent required
MINIMUM EXPERIENCE
4 years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
Recent nationwide appraisal review experience at a lender or AMC is required. Supervisory experience a plus.
Knowledge of appraisal fulfillment, collateral risk management, and primary mortgage market operations is critical to success in this position.
Ability to articulate complex property valuation and risk management concepts to non-appraisers is essential.
Must be a team player, but also a self-starter willing to work independently at times.
Strong oral/written communication skills required.
Prior experience in customer-facing positions a plus. Must be comfortable presenting to small to medium-sized groups of internal and external stakeholders.
Working knowledge of and general familiarity with technology, systems development, and analytics is strongly preferred.
Intermediate experience in PowerPoint and Excel
EMPLOYMENT
As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.
Fannie Mae is an Equal Opportunity Employer.Estimated Salary: $20 to $28 per hour based on qualifications.
Fannie Mae
Position Type:
Full-time
THE COMPANY
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration's Homeowner Affordability and Stability Plan.
Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation's housing recovery.
For more information about Fannie Mae and our career opportunities, visit .
JOB INFORMATION
Develop, recommend, and implement credit risk standards for products or assets the company finances or underwrites. Assess and approve credit limits and monitor credit exposure for routine and complex transactions. Apply credit
management
models to current assets or underwritten products to recommend shifts in collateral or reserves to mitigate credit risks.
KEY JOB FUNCTIONS
Conduct credit analyses using advanced methods and tools of aggregated data provided by lenders, clients of the organization, or other sources of data.
Examine risk elements of proposed deal, purchase, or existing relationship with a client and make recommendations to management regarding continuing to closure, or additional credit enhancements needed to make deal more acceptable.
Create or assign credit scores to aggregated data from multiple loans based on the company's proprietary underwriting or loan origination software.
May take lead in maintaining data integrity of proprietary credit rating or underwriting applications and assist as a business-end user in their
systems
enhancements.
Research value frauds and patterns, initiate and contribute to new tools for detecting value-related fraud. Make recommendations for new policies to minimize fraud and
control
other risks more effectively.
Develop model approaches to new credit enhancement and risk sharing agreements. Work with business unit management to determine appropriate strategies for entering new mortgage markets with high model uncertainty.
Advise marketing staff or customers about corporate credit policies and counsel them to adopt
practices
that assure better chance of success in deals or transactions.
May lead analytical, policy development, or integration effort within unit or with other corporate departments.
Qualifications:
EDUCATION
Bachelor's Degree or equivalent required
MINIMUM EXPERIENCE
4 years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
Recent nationwide appraisal review experience at a lender or AMC is required. Supervisory experience a plus.
Knowledge of appraisal fulfillment, collateral risk management, and primary mortgage market operations is critical to success in this position.
Ability to articulate complex property valuation and risk management concepts to non-appraisers is essential.
Must be a team player, but also a self-starter willing to work independently at times.
Strong oral/written communication skills required.
Prior experience in customer-facing positions a plus. Must be comfortable presenting to small to medium-sized groups of internal and external stakeholders.
Working knowledge of and general familiarity with technology, systems development, and analytics is strongly preferred.
Intermediate experience in PowerPoint and Excel
EMPLOYMENT
As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.
Fannie Mae is an Equal Opportunity Employer.Estimated Salary: $20 to $28 per hour based on qualifications.
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