Model Usage Risk Management - Advisor

At Fannie Mae, 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 a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access to affordable housing finance.

Job Description

As an Advisor in the Analytics & Modeling team, you will play a critical role in shaping the strategic direction of the organization's use and development of models through data-driven insights and business judgement. You will provide expert guidance on complex models and analytical tools to serve business needs in a well governed manner, partnering with senior leadership to drive business and model transformation and innovation.

THE IMPACT YOU WILL MAKE

The Model Usage 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:

• Provide strategic direction and thought leadership in the application of analytics and modeling techniques to address business challenges.
• Synthesize and articulate different business usages and their requirements for shared economic and mortgage cashflow models.
• Assess model effectiveness and fit for use across multiple business usages, ensure that models are appropriately tested and monitored, provide insights into the model drivers and limitations.
• Lead, coordinate and partner with cross-functional teams through the model management life cycles, ensuring alignment of model changes / adjustments with usage goals and objectives.
• Stay abreast of industry best practices, regulatory requirements as well as internal standards and procedures, ensuring compliance with the enterprise standards and escalate non-compliance.
• Serve as a trusted advisor to senior leadership, offering insights and recommendations for prioritizations balancing accuracy, speed, cost and governance.
• Support Model Owner and Lead Model User to drive consensus and prioritize requirements, vetting, testing, and adjustments across user groups, resolve or escalate findings from second line and third line, share/adopt best practices from other team in the company.
• Drive continuous improvement efforts to enhance modeling and analytical capabilities, and to promote the model risk management culture with accountability, transparency and proactivity.
• Represent the Analytics / Modeling team in key internal forums, regulator, and industry conferences, sharing best practices and thought leadership in the application of analytics and modeling in Fannie Mae's business.

• 6+ years of relevant experience in analytics, modeling, or related fields
• Proficiency in R or Python and SQL
• Strong analytical skills to support testing, validation, and business decision-making
• Excellent communication skills to coordinate effectively between model developers and model users
• Bachelor's degree or equivalent

• Experience in Mortgage Cash Flow Analysis, Statistical, Econometric, and Financial Modeling
• Background in Model Risk Assessment, Remediation, and Model Risk Management
• Strong capabilities in technical writing, presentation, and stakeholder communication
• Proven ability to manage relationships across cross-functional teams
• Familiarity with data visualization tools such as Tableau
• Experience with AWS services including SageMaker, Redshift, and S3