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The Fannie Mae

SF Operational Risk - Risk Management - Director (Flexible Hybrid)

The Fannie Mae, Plano, Texas, us, 75086


Full-timeTarget Hiring Range (1): 165000Target Hiring Range (2): 223000Company 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 the development of Single-Family’s (SF) organizational policies, controls, and guidelines for compliance with the organization’s activities impacted by policies and regulations, including Fair Lending, Fair Housing, UDAAP and other laws designed to protect against discrimination and unfair practices in housing and lending. In this role, you will build a framework for the new function within the SF Operational Risk (SFOR) team and develop a roadmap and engagement models for implementation.THE IMPACT YOU WILL MAKEThe SF Operational 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:Establish a framework for the compliance expertise function within the SF Operational Risk (SFOR) teamResponsible for identifying Fair Lending, Fair Housing, UDAAP and related compliance risks for new and existing SF business activitiesReview of existing policies and processes to reveal, and then resolve, gaps in controls or governance.Develop efficient tools and processes to close gaps and navigate identified compliance issues on a transaction and programmatic level to resolutionSupport business rationales, identify and gather relevant data, and engage with internal and external stakeholders to align business activities with applicable regulationsOversee resolution of compliance issues and manage internal and regulatory reporting obligationsEstablish and support effective and productive relationships with all internal, external and regulatory stakeholders impacting first-line compliance responsibilities and issuesEnsure data quality for compliance, reporting and analysisMaintain a current understanding of Enterprise policies and procedures relating to applicable regulationsEnsure that business unit-owned policies, standards and procedures for promoting and tracking compliance are developed, as needed, and maintainedCommunicate a culture of compliance and the need for effective internal controlsDevelop and promote effective training for the SF staffManage responses to questions raised by FHFA and requirements imposed by FHFA.Qualifications

THE EXPERIENCE YOU BRING TO THE TEAMMinimum Required Experiences:8 yearsDesired Experiences:4 years relevant experience focused on the single-family lending discipline or mortgage industry4 years relevant experience focused on compliance risk discipline, such as Fair Lending, Fair Housing, UDAAP, or other consumer type of regulationsSkillsStrong Risk Management and Compliance experience including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, and navigating the resolution of potential competing objectivesExperience helping an organization to plan and manage change in effort to meet strategic objectivesSkilled in gathering accurate information to explain complex concepts, and presenting information to an audience in a way that is engaging and easy to understandCollective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoringRelationship Management including managing and engaging stakeholders, persuading and influencing others, and resolving conflictSkilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant softwareWorking together across a team of risk professionals to develop strategic plans, build a function and successfully implement and executeSkilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand, specifically to executive leadershipCommunication including communicating in writing or verbally, planning and distributing communication, etc. with the purpose of educating individuals and influencing decision making process appropriately to ensure outcome incorporates risk considerationsToolsExperience using Risk WorksExperience using SharePointSkilled in MS Office tools such as Excel, Word, PowerPointFannie 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, while 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 careers_mailbox@fanniemae.com.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.

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