Credit Risk Analyst II

THE COMPANY

Are you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.

For more information about Fannie Mae, visit http://www.fanniemae.com/progress

JOB INFORMATION

Develop, recommend, and implement credit risk standards for products or assets the company finances or underwrites. Assess and approve credit limits and monitor credit exposure for routine and complex transactions. Apply credit management models to current assets or underwritten products to recommend shifts in collateral or reserves to mitigate credit risks.

KEY JOB FUNCTIONS

  • Conduct credit analyses using standard and more advanced methods and tools of aggregated data provided by lenders, clients of the organization, or other sources of data.
  • Examine risk elements of proposed deal, purchase, or existing relationship with a client and make recommendations to management regarding continuing to closure, or additional credit enhancements needed to make deal more acceptable.
  • Create or assign credit scores to aggregated data from multiple loans based on the company's proprietary underwriting or loan origination software.
  • May take lead in maintaining data integrity of proprietary credit rating or underwriting applications and assist as a business-end user in their systems enhancements.
  • Research value frauds and patterns, initiate and contribute to new tools for detecting value-related fraud. Make recommendations for new policies to minimize fraud and control other risks more effectively.
  • May make recommendations on pricing of products or assigning of risk levels based on analysis of credit risk of loans, transactions, or proposed contract.

Qualifications:

EDUCATION
  • Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE
  • 2 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS
  • Demonstrated project management experience and ability to coordinate with multiple teams and keep complex projects and deliverables on track
  • Strong oral and written communication skills and the ability to engage with peers and translate processes into documented procedures
  • Prior experience as an Analyst in a Risk Management or Governance group and/or an understanding of risk management best practices is preferred
  • Has a sense of curiosity, probes all sources for answers, sees and anticipates hidden problems, looks beyond the obvious and doesn't stop when obstacles appear
  • Proficient in MS Word, Excel, and PowerPoint and the ability to produce high quality documents and presentations


EMPLOYMENT

As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation.

Fannie Mae is an Equal Opportunity Employer.

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