Financial Engineer II
Company Name:
Fannie Mae Corp
Financial Engineer II 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 Use advanced mathematical, analytical, or econometric tools to create algorithms that will be used in analytical or product development processes. Using these tools, develop or refine
computer
applications that provide deeper analysis of prospective asset performance, asset pricing, new asset
classes
, or information needed to measure or hedge risk. Provide ongoing analysis of new products or asset classes, and suggest program modifications as necessary. May test applications for accuracy and functionality before putting them into service. KEY JOB FUNCTIONS Confer with product managers, marketing staff, capital market staff, or business unit
management
to determine analytical or product-related needs regarding product, investment instrument, market activity, or complex transaction to be analyzed. Use one or more analytical tools from a suite of mathematical/application tools to perform appropriate analysis on specified product, transaction, market activity, or investment vehicle that has multiple variables affecting potential outcomes. Report in quantitative manner on parameters of proposed purchase, sale, marketing action, structure of transaction or market activity, or risk factors and the degree to which they could affect outcomes. Participate with product management, treasury, or capital markets staff in exercises to value derivatives or other complex products, or to revise models used to perform these valuations. Perform ad hoc analyses as needed and assist managers of specific product lines with analytical, valuation, or pricing projects. Collaborate with teams planning or structuring transactions to assist in credit analysis and pricing. Perform forecast analysis and reporting; perform ongoing ad hoc model development and analysis for specific clients needing high level quantitative analysis of credit risk, product valuation, asset analysis, and the like. Propose new risk indicators for senior staff/management approval and implementation. Assist with consulting with the business owners, designing and implementing an interface to record key indicators, research industry best
practices
of analyzing and reporting key performance indicators. Design basic to moderately complex test cases and test applications for
systems
used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented. EDUCATION Bachelor's Degree or equivalent required Advanced Degree Preferred (MBA, Masters in Finance, Masters in Economics) MINIMUM EXPERIENCE 2 years of related experience S PECIALIZED KNOWLEDGE & SKILLS Background in a quantitative field such as economics, finance, statistics, etc. Experience in financial
services
/banking industry required; mortgage industry experience preferred. Experience with analytic and/or reporting tools such as SQL, SAS, R, VBA, Oracle, Business Objects, or Tableau. Great analytic and problem-solving skills. Excellent written and verbal communication skills in explaining analysis, trends and drivers to business partners. Experience in developing, producing and managing enterprise-level risk reports. General financial knowledge. 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. lines housing to with activity BETS_ARC_Setter BACH_a33d1a transaction MYK62683JREstimated Salary: $20 to $28 per hour based on qualifications.
Fannie Mae Corp
Financial Engineer II 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 Use advanced mathematical, analytical, or econometric tools to create algorithms that will be used in analytical or product development processes. Using these tools, develop or refine
computer
applications that provide deeper analysis of prospective asset performance, asset pricing, new asset
classes
, or information needed to measure or hedge risk. Provide ongoing analysis of new products or asset classes, and suggest program modifications as necessary. May test applications for accuracy and functionality before putting them into service. KEY JOB FUNCTIONS Confer with product managers, marketing staff, capital market staff, or business unit
management
to determine analytical or product-related needs regarding product, investment instrument, market activity, or complex transaction to be analyzed. Use one or more analytical tools from a suite of mathematical/application tools to perform appropriate analysis on specified product, transaction, market activity, or investment vehicle that has multiple variables affecting potential outcomes. Report in quantitative manner on parameters of proposed purchase, sale, marketing action, structure of transaction or market activity, or risk factors and the degree to which they could affect outcomes. Participate with product management, treasury, or capital markets staff in exercises to value derivatives or other complex products, or to revise models used to perform these valuations. Perform ad hoc analyses as needed and assist managers of specific product lines with analytical, valuation, or pricing projects. Collaborate with teams planning or structuring transactions to assist in credit analysis and pricing. Perform forecast analysis and reporting; perform ongoing ad hoc model development and analysis for specific clients needing high level quantitative analysis of credit risk, product valuation, asset analysis, and the like. Propose new risk indicators for senior staff/management approval and implementation. Assist with consulting with the business owners, designing and implementing an interface to record key indicators, research industry best
practices
of analyzing and reporting key performance indicators. Design basic to moderately complex test cases and test applications for
systems
used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented. EDUCATION Bachelor's Degree or equivalent required Advanced Degree Preferred (MBA, Masters in Finance, Masters in Economics) MINIMUM EXPERIENCE 2 years of related experience S PECIALIZED KNOWLEDGE & SKILLS Background in a quantitative field such as economics, finance, statistics, etc. Experience in financial
services
/banking industry required; mortgage industry experience preferred. Experience with analytic and/or reporting tools such as SQL, SAS, R, VBA, Oracle, Business Objects, or Tableau. Great analytic and problem-solving skills. Excellent written and verbal communication skills in explaining analysis, trends and drivers to business partners. Experience in developing, producing and managing enterprise-level risk reports. General financial knowledge. 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. lines housing to with activity BETS_ARC_Setter BACH_a33d1a transaction MYK62683JREstimated Salary: $20 to $28 per hour based on qualifications.
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