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Legal and Regulatory Risk Management Advisor (Open to Remote)

AT Fannie Mae
Fannie Mae

Legal and Regulatory Risk Management Advisor (Open to Remote)

Washington, DC
  • Target Hiring Range (1): 135000
  • Target Hiring Range (2): 176000
  • Worker Classification: Open to Remote

  • 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 valued contributor to our team, you will advise on risk monitoring and reviews for the organization, coordinate risk mitigation activities, and provide risk mitigation assistance to other groups.

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    THE IMPACT YOU WILL MAKE

    The Legal and Regulatory Risk Management Advisor role will offer you the flexibility to make each day your own, while working alongside people who care, so that you can deliver on the following responsibilities:

    • Work with the Multifamily division to identify and advise on specialty risks, such as Fair Lending and Fraud in partnership with Legal and Regulatory Compliance.
    • Analyze relevant specialty risks and advise on controls to adequately mitigate and manage risks.
    • Work with Legal and Regulatory Compliance to identify changes to laws and regulations which impact Multifamily's core business activities.
    • Conduct training on law and regulation changes related to specialty risks.
    • Develop and conduct a testing methodology to evaluate the operational effectiveness of controls specifically designed to mitigate law and regulation risks.

    Qualifications

    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experience

    • 6 years of relevant experience in operational or compliance risk; 8 years preferable
    • 4 years of relevant focused compliance risk discipline, such as Fair Lending

    Desired Experience

    • Bachelor's degree or equivalent
    • Compliance Risk Certification
    • Experience gathering accurate information to explain concepts and answer critical questions
    • Determining causes of operational risk events and issue and taking corrective action
    • Risk assessment and management skills including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating risk
    • Documentation and database reporting skills for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS
    • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
    • Strong written and verbal communication skills
    • Experience analyzing data to identify trends or relationships to inform conclusions about the data
    • Adept at managing project plans, resources, and people to ensure successful project completion
    • Able to work with individuals having a different functional expertise respectfully and cooperatively while working toward a common goal
    • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
    • 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
    • Governance and compliance experience including creating policies, evaluating compliance, conducting internal investigations, and developing data governance
    • Relationship management skills including managing and engaging stakeholders, customers, and building relationship networks
    • Experience identifying measures, or indicators of system performance, and the actions needed to improve or correct performance to achieve desired outcomes
    • Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
    • Experience identifying and determining levels of risk to an organization's networks and systems using cybersecurity techniques and tools such as penetration testing, application security, and intel
    • Ability to frame ideas as systems and analyzing the inputs, outputs, and process
    • Experience using RiskWorks
    • Skilled in Tableau
    • Skilled in Excel
    • Experience using APIs for developing or programming software
    • Skilled in ServiceNow to manage digital workflows

    Additional Information

    Multifamily Risk - Risk Analysis - Advisor

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

    Fannie Mae is primarily a hybrid company. We embrace flexibility for our employees while providing office space for in-person work and collaboration. This role is classified as open to remote. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.

    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].

    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.

    Client-provided location(s): Washington, DC, USA
    Job ID: Fannie-744000002653787
    Employment Type: Full Time

    Perks and Benefits

    • Health and Wellness

      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • FSA
      • On-Site Gym
      • Life Insurance
      • Short-Term Disability
      • Long-Term Disability
      • HSA With Employer Contribution
      • Fitness Subsidies
      • Mental Health Benefits
    • Parental Benefits

      • Birth Parent or Maternity Leave
      • Adoption Assistance Program
      • Adoption Leave
      • Non-Birth Parent or Paternity Leave
      • Fertility Benefits
      • Family Support Resources
    • Work Flexibility

      • Flexible Work Hours
      • Hybrid Work Opportunities
      • Remote Work Opportunities
    • Office Life and Perks

      • Commuter Benefits Program
      • Casual Dress
      • Happy Hours
      • On-Site Cafeteria
      • Holiday Events
    • Vacation and Time Off

      • Paid Vacation
      • Paid Holidays
      • Personal/Sick Days
      • Leave of Absence
      • Volunteer Time Off
      • Summer Fridays
    • Financial and Retirement

      • 401(K) With Company Matching
      • Financial Counseling
      • Relocation Assistance
    • Professional Development

      • Tuition Reimbursement
      • Promote From Within
      • Internship Program
      • Leadership Training Program
      • Associate or Rotational Training Program
      • Shadowing Opportunities
      • Access to Online Courses
      • Lunch and Learns