Enterprise Analytics and Modeling - Risk Management - Senior Associate (Open to Remote)

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

The Enterprise Analytics and Modeling - Risk Management - Senior Associate will join the Model Governance Solutions (MGS) team. MGS is a first line of defense team whose mission is to drive efficiency, consistency, and compliance in first-line model management activities across the enterprise, which includes management of AI/ML. As a valued colleague on our team, you will assist the team with assessing and identifying potential model 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.

THE IMPACT YOU WILL MAKE
The Sr. Associate 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:

• Drive adoption and sustainability of the model governance framework by owners and users of models.
• Execute on tactical elements of governance compliance for artificial intelligence (AI) and machine learning (ML).
• Work with key stakeholders on identifying heightened risks, controls, and value of prospective AI/ML use cases.
• Be part of the team responsible for providing program management and shared services in 1St Line of Defense model management.
• Contribute to comprehensive model inventory
• Work with team members and leadership to deliver effective reporting.
• Partner with Model Risk Management and other functions performing effective challenge of models and use cases.

Qualifications

Minimum Experience

• Bachelor's degree or equivalent 
• 2 years of risk management, governance or AI/ML experience

Desired Experience

• An ideal candidate will have at least 2 years of risk management experience with exposure to model risk and AI/ML.
• Experience in the practices, policies, and frameworks that guide the development, deployment, and management of AI/ML models.
• Track record of execution, strong prioritization, and effective time management 
• Relationship management skills to partner with team members and stakeholders as needed. 
• Excellent oral and written communication skills, including the ability to explain complex processes in business terms. 
• Experience in Financial Services or other highly regulated industries. 

Skills

• Strong organizational, analytical and problem-solving skills 
• Ability to identify, make recommendations, and implement process improvements in day-to-day activities. 
• Ability to work independently, but also comfortable working and contributing within a team environment.
• Comfortable working in a dynamic and ever evolving environment. 
• Working with people with different functional expertise respectfully and cooperatively to work toward a common goal. 
• 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 in a way that is engaging and easy to understand. 
• Governance and Compliance skills including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc. 
• Relationship Management skills including managing and engaging stakeholders, customers, and building relationship networks. 
• Passion for AI, Machine Learning and Data Analysis. Interest in exploring AI/ML trends and techniques outside of day-to-day job duties. 
• Learn, provide, and maintain up-to-date knowledge of relevant industry and regulatory standards, best practices, and business processes used in model risk management.
• Be a self-starter.

Additional Information

REF13680E

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