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Third Party Risk Analyst (Flexible Hybrid)

AT Fannie Mae
Fannie Mae

Third Party Risk Analyst (Flexible Hybrid)

Reston, VA
  • Target Hiring Range (1): 75000
  • Target Hiring Range (2): 93000

  • 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 colleague on our team, you will assist the team with identifying and assessing potential risks that may threaten our reputation, safety, security, and/or financial success, as well as participate with the team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectives.

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    THE IMPACT YOU WILL MAKE
    The Third Party Risk Analyst 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:

    • Assist team with determining suppliers that pose potential risks to the enterprise.
    • Review and analyze the impact of inherent third-party risks to the enterprise and third-party controls.
    • Document control guidelines and methods to mitigate risk and resolutions.
    • Maintain processes to comply with regulatory and enterprise requirements.
    • Advise stakeholders on third party risk management
    • Partner with the team to carry out business strategies that will drive success in the face of shifting priorities, risk, and regulations.

    Qualifications

    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experiences

    • Strong project management skills; ability to manage multiple projects effectively, strong time management and prioritization skills.
    • Strong written and oral communication skills, attention to detail and interpersonal skills.
    • Experience gathering accurate information to explain concepts and answer questions.
    • Influencing skills; can negotiate, persuade others to accomplish tasks, facilitate meetings, and resolve conflict.
    • Excellent presentation skills up to Officer level; able to present information and/or ideas to an audience in a way that is engaging and easy to understand.
    • Proven relationship management skills including engaging and managing stakeholders, internal customers, vendors, etc.
    • Ability to work with people with different functional expertise respectfully and cooperatively towards a common goal.
    • Ability to understand complex business process and risk issues.

    Desired Experiences

    • Bachelor's degree or equivalent
    • Experience with third party risk or operational risk management frameworks strongly preferred.
    • Experience in third party risk assessment, supplier management, or operational risk role.
    • Risk management or audit experience including designing or evaluating controls, conducting risk assessments, identifying control gaps, remediating risk, advising, documentation, etc.
    • Experience with statistical/data analysis and reporting; can analyze data to identify trends or relationships to inform conclusions about the data, skilled in creating visual concepts for graphical representation of data.
    • Prior experience helping an organization plan and manage change efforts to meet strategic objectives.
    • Risk certification.

    Skills

    • The group of skills related to Risk Assessment and Risk Management including identifying risk, evaluating control design and effectiveness, identifying control gaps, remediating risk, etc.
    • Adept at managing project pipeline, time, people, and priorities to ensure successful project completion
    • Experience gathering accurate information to explain concepts and answer questions
    • The group of skills related to Relationship Management including managing and engaging stakeholders, customers, and vendors, building and leveraging relationship networks, working with people that have different functional expertise respectfully and cooperatively towards a common goal, etc.
    • The group of skills related to Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
    • Skilled in oral and written communication
    • Skilled in documentation and database reporting with the use of relevant software such as a risk platform, Tableau, or Excel for the purposes of data discovery and analysis to identify trends or relationships to inform conclusions and decision-making
    • Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas
    • Skilled in presenting information and/or ideas to an audience up to Officer level in a way that is engaging and easy to understand
    • The group of skills related to Business Insight including advising, interpreting customer needs and preferences, resource capabilities, etc.
    • The group of skills related to Governance and Compliance including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc.
    • Experience helping an organization to plan and manage change in effort to meet strategic objectives

    Tools

    • Experience using ProcessUnity or risk platforms
    • Skilled in Excel
    • Skilled in Visio
    • Experience using SharePoint
    • Experience using Source-to-pay or Procure-to-pay technology ((e.g., Ivalua/ProcureOne)

    Additional Information

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

    Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

    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): Reston, VA, USA
    Job ID: Fannie-744000024176846
    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