Model Validation - Advisor ID-19902

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.

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Job Description

 

 

THE IMPACT YOU WILL MAKE
The Model Validation - 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:

  • Assist team in the identification and reporting of existing and emerging model risks that stem from business activities, internal processes, and changes in the financial services industry, regulatory compliance, or other external environmental factors.
  • Work closely with relevant stakeholders to understand all aspects of the workflow processes managed for model validation, model performance monitoring, and model issue management and generate recommendations for identified patterns.
  • Ensure risks associated with business activities are effectively identified, measured, monitored, reported, mitigated, and controlled.
  • Participate in producing qualitative and quantitative analyses for project management and executive-level reports to provide a strategic view of model risk to key stakeholders; design, implement, and maintain an inventory of processes, controls, metric framework and dashboards supporting portfolio and business process assessments.
  • Collaborate on technology solutions to facilitate accurate and comprehensive data capture for compilation, processing, and interpretation required in regular and ad hoc reporting to stakeholders, executive leadership teams, and regulators. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives.
  • Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques. Oversee ad hoc quantitative analyses, modeling, or programming using Tableau, SAS, SQL, R, or Python.
  • Participate in fostering a culture of continuous improvement and quality excellence.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

  • 6 years in model governance, validation, reporting or development
  • Excellent oral and written communication; experienced at presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Communication including communicating in writing or verbally, copywriting, planning and distributing communication, etc.
  • Skilled in creating visual concepts, creating content, and editing content by hand or with the help with computer software to communicate ideas
  • Adept at engaging with leadership and key stakeholders to drive consensus and action, including the ability to explain technology solutions and processes in business terms
  • Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Excellent analytical problem-solving and decision-making skills, with the ability to effectively prioritize and manage multiple tasks and deadlines.
  • Experience working with people with different functional expertise respectfully and cooperatively to work towards a common goal
  • Adept at analyzing data to identify trends or relationships to inform conclusions about the data; critical thinking
  • Expertise in quantitative analytics applied to one or more areas within credit, interest rate, counterparty credit risk, and/or fixed income valuation in the financial services industry
  • Expertise in developing and testing hypotheses, using experimental design, and applied statistical methods (e.g., regression analysis and AI/ML techniques)
  • 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

Desired Experiences:

  • Bachelor degree or equivalent; Master degree preferred
  • Experience in Governance and Compliance including interpretation of policies, evaluating compliance, creating and enforcing standards and controls, etc.
  • Determining causes of operating errors and taking corrective action
  • Experience with reporting platforms, including Tableau, Excel, and PowerBI
  • Proficiency in programming languages such as SAS, SQL, R, or Python
  • Experience related to Learning and Training including conducting, developing, and evaluating training, instructional design, and learning management systems

Skills

  • Adept at managing project plans, resources, and people to ensure successful project completion
  • Programming including coding, debugging, and using relevant programming languages
  • Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
  • 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
  • The group of skills related to Relationship Management including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc.
  • Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data
  • Focused experience in artificial intelligence (AI), including machine learning and natural language processing (NLP)
  • Expertise in using statistical methods, including: developing and testing hypotheses, using experimental design, and running linear and logistic regressions
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
  • Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance
  • Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc.
  • Working with people with different functional expertise respectfully and cooperatively to work toward a common goal
  • Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Skilled in cloud technologies and cloud computing
  • Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives

Tools

  • Skilled in SAS
  • Skilled in Tableau
  • Skilled in Excel
  • Skilled in R Language Programming
  • Skilled in C++
  • Skilled in ThoughtSpot
  • Skilled in Python object-oriented programming

 

Qualifications

Education:

Bachelor's Level Degree (Required)

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