Model Validator Lead Associate - Flexible Hybrid
Model Validator Lead Associate - Flexible Hybrid
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
As a valued colleague on our team you will validate models through conducting theoretical and empirical research with public and proprietary data in all areas of the mortgage finance business. This may include mortgage products and securities borrower behavior investment and hedging strategies residential property valuation macroeconomic models including housing prices and interest rate financial valuation of finance assets and derivatives economic capital and stress testing.
THE IMPACT YOU WILL MAKE
The Model Validator Lead 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:
- Produce model validation reports and initial/ongoing assessments of models evaluating performanceinuse and whether changes in the environment are creating increased model risk that needs to be mitigated.
- Apply advanced skill knowledge and/or experience to complete model validation projects aligned with established company policies and industrywide modeling practices.
- Contribute to developing validation or testing strategies and assessing the quality and risk of model methodologies outputs and processes and applying understanding of relevant business context to interpret model results monitor performance and assess risks.
- Communicate technical subject matter clearly and concisely to department leadership and teams.
Qualifications :
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences:
- Bachelors degree in a quantitative field
- 4 years in model development or validation in the financial industry
- Ability to program using R and Python
- Skills in technical writing
Desired Experiences:
- Advanced degree (Ph.D. or Masters) in a quantitative field such as Computer Science Statistics Biostatistics Economics (with an Econometrics emphasis) Applied Finance or Applied Mathematics
- Experience in SAS or SQL
- Knowledge of risk management governance (lines of defense)
Skills:
- Proficiency in the mathematical statistical and computer science techniques used in model development
- Ability to understand business contexts which create a need for models to support operations often embedded within software applications used in business processes
- Fastlearning building on a strong foundation of knowledge to continuously learn new techniques for building and managing model risks well
- Communicating technical subject matter clearly and concisely both verbally and through wellwritten communications including Assessment Reviews and Validation Reports
Additional Information :
The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.
Fannie Mae is a flexible hybrid company.We embrace flexibility for our employees to work where they choose while also providing office space for inperson work if desired. At times business need may call for onsite 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
The hiring range for this role is set forth on each of our job postings located on Fannie Maes 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 employees physical mental emotional and financial wellbeing. See more here.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
