Finance - Analytics and Modeling - Lead Associate (Flexible Hybrid)

Target Hiring Range (1): 121000

Target Hiring Range (2): 158000

Company Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

Job Description

As a Lead Associate, you will serve as a subject matter expert in analytics and modeling, guiding the team in the application of advanced analytical techniques to solve complex business problems. You will drive innovation and continuous improvement initiatives, ensuring that business usages and modeling / analytical solutions are well articulated, documented, tested and appropriately governed.

Job Responsibilities

• Provide insights and implement model risk management life cycle standards, procedures and best practices from various perspectives such as model owner, lead model user, model developer and application owner.
• Articulate and document business usages and their requirements for a model or analytical tool.
• Assess, test, monitor and document model effectiveness and fit for use across multiple business usages, scenarios.
• Working with cross-functional teams through the model management life cycles, ensuring consistent documentation and alignment of model usages with model changes / adjustments.
• Drive continuous improvement efforts to enhance model risk management workflow, and to promote consistent and transparent documentation across model life cycle stages, roles and models.
• Stay abreast of industry trends and emerging technologies in analytics and modeling, as well as evolving internal standards and best practices, recommending strategies for adoption and implementation.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 4 years

Desired Experiences

• Bachelor degree or equivalent

Skills

• Exceptional written communication skills.
• Strong analytical skills.
• Experience writing technical documents for technical audiences.
• Familiarity with data science and statistical learning models and techniques (regression and classification).
• Familiarity with statistical testing methodologies (hypothesis testing, variable significance testing, collinearity testing, etc.).
• Ability to read and understand Python, R and/or SQL code.
• Knowledge of the mortgage industry and/or MBS markets is desirable but not required.

Additional Information

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

#LI-Hybrid

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.