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Fannie Mae

Financial Engineer IV

Fannie Mae - Washington, DC

Financial Engineer IV','52036','!*!THE COMPANYAre you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.For more information about Fannie Mae, visit http://www.fanniemae.com/progressJOB INFORMATIONUse 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 loss 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.

Design 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.

Redefine and implement the components of new risk indicators. Consult with the business owners, design and implement an interface to record key indicators, research industry best practices of analyzing and reporting key performance indicators.

Provide technical guidance or consultation to less senior staff. Serve as technical lead on projects to develop more accurate or refined analytical applications used in pricing, valuation, risk assessment, and the like.','!*!EDUCATION

 

Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

 

6 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

Excellent written and verbal communication skills in explaining complex analysis to business partners

Prior quantitative and finance training, including forecasting/stress testing (DFAST) knowledge

Background in a quantitative field such as economics, finance, statistics, etc

General financial knowledge, including cash flow modeling and valuation

Experience in financial services/banking industry required; mortgage industry experience preferred

Experience with analytic and/or reporting tools such as SAS, Matlab, R, SQL, MS Excel/Access and Tableau

Experience with programming on UNIX/Linux including shell scripting

Great analytic and problem-solving skills and ability to conduct analysis independently to address complex risk issues

 

 

 

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.

 ','Associate','Associate','Finance','DC-Washington','','Credit Analytics & Servicing','Full-time','','Standard','','Regular','','Yes','Yes','3-Seasoned (over 7 years)','3-Seasoned (over 7 years)','Financial Engineer IV

15 days 22 hours ago

Fannie Mae

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Financial Engineer IV Fannie Mae - Washington, DC, United States

   

Location: Washington, DC

Company Profile:
We serve the people who house America. We are a leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets at all times. Our financing makes sustainable homeownership and workforce rental housing a reality for millions of Americans. We listen to our customers and partners to understand their needs, putting them at the center of everything we do. We apply our experience and expertise to deliver innovative, smart solutions to help our customers succeed. We also help make possible the popular 30-year, fixed-rate mortgage, which provides homeowners with stable, predictable mortgage payments over the life of the loan. Our tools and resources help homebuyers, homeowners, and renters understand their housing options. - See more at: http://www.fanniemae.com/portal/about-fm/who-we-are.html#sthash.TXyFv9xs.dpuf