Job Information
FANNIE MAE SF Operational Risk - Risk Management - Director (Flexible Hybrid) in Plano, Texas
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 MAKE
The 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) team
Responsible for identifying Fair Lending, Fair Housing, UDAAP and related compliance risks for new and existing SF business activities
Review 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 resolution
Support business rationales, identify and gather relevant data, and engage with internal and external stakeholders to align business activities with applicable regulations
Oversee resolution of compliance issues and manage internal and regulatory reporting obligations
Establish and support effective and productive relationships with all internal, external and regulatory stakeholders impacting first-line compliance responsibilities and issues
Ensure data quality for compliance, reporting and analysis
Maintain a current understanding of Enterprise policies and procedures relating to applicable regulations
Ensure that business unit-owned policies, standards and procedures for promoting and tracking compliance are developed, as needed, and maintained
Communicate a culture of compliance and the need for effective internal controls
Develop and promote effective training for the SF staff
Manage responses to questions raised by FHFA and requirements imposed by FHFA.
Qualifications THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences
- 8 years
Desired Experiences
Bachelor’s degree or equivalent; Master’s degree preferred
4 years relevant experience focused on the single-family lending discipline or mortgage industry
4 years relevant experience focused on compliance risk discipline, such as Fair Lending, Fair Housing, UDAAP, or other consumer type of regulations
Skills
Strong 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 objectives
Experience helping an organization to plan and manage change in effort to meet strategic objectives
Skilled in gathering accurate information to explain complex concepts, and presenting information to an audience in a way that is engaging and easy to understand
Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring
Relationship Management including managing and engaging stakeholders, persuading and influencing others, and resolving conflict
Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software
Working together across a team of risk professionals to develop strategic plans, build a function and successfully implement and execute
Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand, specifically to executive leadership
Communication 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 considerations
Tools
Experience using Risk Works
Experience using SharePoint
Skilled in MS Office tools such as Excel, Word, PowerPoint
Skilled in Visio
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.