Washington, District of Columbia, USA
12 days ago
Director of Loan Review (Flexible Hybrid)

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

In this compelling leadership position, you will lead efforts to develop and implement strategic plans for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as work with leadership to communicate and collaborate with key stakeholders across the enterprise, and understand business objectives.

THE IMPACT YOU WILL MAKE
The Enterprise SF Risk - Risk Management - Director 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:

Direct the team responsible for determining business areas that pose potential risks to the enterprise, and assist leadership with developing a process to identify threats.Direct team efforts to evaluate the impact of proposed risks to the enterprise.Oversee information monitoring and processes to reduce risk using rigorous analysis, and may assist with implementing updates and changes to the process.Direct efforts to document resolutions and control guidelines.Drive implementation of business strategies that will drive success in the face of shifting consumer behaviors and regulations.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

8 years of risk, audit or regulatory experience Experience leading and managing teamsExperience in credit underwriting to support risk oversight activitiesExperience in Loan Review functionExperience directing a team responsible for providing independent assessment of loan quality reviews performed by the Loan Quality Center (LQC)Experience providing ERM (Enterprise Risk Management) opinion on accuracy and reliability of defect and findings rates used to evaluate lender performance.

Desired Experience

Bachelor's degree or equivalent; Master's degree preferredExperience in the financial services sector or mortgage industry, preferably Single Family Risk, audit, or regulatory experience in the operational risk discipline5 years or more of team leadership experienceExperience leading teams in a rapidly evolving environmentExperience influencing and developing relationships across a broad spectrum of stakeholders in business, risk and regulatory business areasExperience performing or reviewing risk and control self-assessments (RCSA)Experience developing risk measures to quantify risk levels such as key risk indicators (KRIs,) key performance indicators (KPIs,) or early warning indicators (EWIs); must be able to manage loss events and develop or challenge action plans associated with those eventsSkilled in presenting information and/or ideas to a senior management audience in a way that is engaging and easy to understand


Skills

Mortgage Loan UnderwritingLoan ReviewsCredit Risk AnalysisMortgage Loan UnderwritingLoan ReviewsCredit Risk AnalysisMortgage Loan UnderwritingLoan ReviewsCredit Risk AnalysisMortgage Loan UnderwritingLoan Reviews •Credit Risk Analysis

Additional Information

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

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.

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