Fair Lending Risk Management Lead Associate (Flexible Hybrid)

Fannie Mae - Plano, TX

Hybrid - Plano, TX

Credit Intermediation and Related Activities

About the position

As a valued colleague on our team, you will help build and execute a Second Line risk-based oversight model to support Fannie Mae's compliance with fair housing and fair lending laws, regulations, and supervisory guidance. You will lead and assist with assessments of fair housing and fair lending risk for the Enterprise and partner with First Line business units as they identify, mitigate, and correct self- and supervisory- identified risks. Your work will include regular monitoring, testing, and targeted reviews of First Line business risk identification and mitigation, the application of quantitative analyses to advance fair housing and lending, and ensuring effective coordination with business units, legal and audit experts, and other key partners in the execution of focused and sustainable compliance activities. You will engage directly with Fannie Mae's regulators on fair lending matters and help ensure high-quality and timely regulatory reporting. We have one opening for this job and it can be worked on a Hybrid basis from one of our offices.

Responsibilities

• Manage a portfolio of fair lending compliance, risk assessment, and regulatory deliverables.
• Lead and support compliance activities including monitoring, targeted reviews, risk and control assessments, and gap analyses, producing high-quality work products that require minimal review and revision.
• Prepare analyses and reports used to identify and address business activities that pose potential fair housing and fair lending risks to the enterprise and present results to senior management and/or regulator.
• Lead and support management of deliverables related to oversight activities including examinations and other supervisory activities, reviews, and audits.
• Assist in evaluating and enhancing internal policies and procedures.
• Support the development and delivery of training materials to educate internal stakeholders on fair lending principles and regulatory requirements.
• Serve as a resource for employees with questions regarding fair lending compliance and collaborate with internal teams to integrate fair lending considerations into business practices.

Requirements

• 6 years of related working experience including fair lending risk identification and analysis, testing and reporting.
• Bachelor's degree or equivalent.
• Experience preparing reports and documentation summarizing test results and findings.
• Experience communicating (both orally and in writing) with colleagues, senior management and/or regulators.
• Ability to assist with the identification and escalation of compliance issues to management.
• Experience gathering accurate information to explain concepts and answer critical questions.
• Relationship management skills to include managing and engaging stakeholders and building relationship networks.
• Ability to complete projects/tests efficiently with high attention to detail and excellent time management skills.
• Ability to work collaboratively as a team member to facilitate effective enterprise-wide compliance.
• Strong project management skills; ability to manage multiple projects effectively, strong time management and prioritization skills.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

Nice-to-haves

• Master's degree or equivalent.
• Proficiency in Microsoft Teams.
• Experience using SharePoint.
• Experience using Adobe Acrobat and/or Foxit.

Benefits

• Broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.