SF Operational Risk Risk Management Principal
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Job Location:
Monthly Salary:
Posted on:
18 hours ago
Vacancies:
1 Vacancy
Job Summary
Playing an essential role in the U.S. economy Fannie Mae is foundational to housing finance. Here your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.
Job Description
In this compelling leadership role you will lead the development of Single-Family (SF) organizational policies controls and guidelines for consumer compliance across business activities impacted by federal and enterprise regulations. These include but are not limited to RESPA FCRA Privacy Fair Lending and Fair Housing requirements.
As a Principal within the SF Operational Risk (SFOR) team you will design and build a new compliance expertise function establishing the framework roadmap and engagement model that will guide implementation and long-term execution. You will operate as a trusted advisor to business leaders risk partners and regulatorshelping ensure consumer protection risks are effectively identified managed and remediated while supporting strategic business objectives.
THE IMPACT YOU WILL MAKE
- Design and implement a framework for the compliance expertise function within the SF Operational Risk (SFOR) team.
- Identify and assess consumer protectionrelated compliance risks for new and existing SF business activities ensuring control effectiveness.
- Review existing policies processes and governance structures to identify and remediate gaps in controls or oversight.
- Develop tools and processes enabling Business Unit leadership to identify compliance impacts at transactional and programmatic levels.
- Support business rationales through data analysis and stakeholder engagement to align activities with applicable regulations.
- Oversee resolution of compliance issues and manage internal and regulatory reporting obligations.
- Establish and maintain relationships with internal partners external stakeholders and regulatory bodies.
- Ensure data quality and integrity for compliance monitoring reporting and analysis.
- Maintain current knowledge of enterprise policies procedures and regulatory requirements.
- Promote a strong culture of compliance and internal controls.
- Develop and deliver effective compliance training for SF staff.
- Manage responses to inquiries and requirements issued by the Federal Housing Finance Agency (FHFA).
Minimum Required Experience
- 8 years of relevant professional experience.
Desired Experience
- Bachelors degree or equivalent; Masters degree preferred.
- 10 years of experience within the Single-Family lending discipline or mortgage industry.
- 10 years of experience focused on lending compliance or consumer protection risk.
Skills
- Strong risk management and compliance expertise including control design impact assessments and risk remediation.
- Experience leading and managing change initiatives aligned to strategic business goals.
- Ability to communicate complex information clearly to diverse audiences.
- Demonstrated leadership coaching and mentoring capabilities.
- Strong stakeholder and relationship management skills.
- Experience with documentation reporting and data analysis for decision-making.
- Executive-level presentation and communication skills.
- Experience developing and executing compliance-related change management processes.
- Experience identifying and remediating compliance-related issues.
- Experience using Risk Works.
- Experience using SharePoint.
- Proficiency with Microsoft Office tools (Excel Word PowerPoint).
- Experience using Visio.
Qualifications
Consumer Compliance Fair Lending Lending Compliance Regulatory ComplianceEducation:
Bachelors Level Degree (Required) Juris Doctorate Masters Level DegreeThe future is what you make it to be. Discover compelling opportunities at most roles employees are expected to work onsite on a regular basis at their designated office -office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.
Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race color religion sex national origin disability age sexual orientation gender identity/gender expression marital or parental status or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process please complete this form.
The hiring range for this role is set forth below. 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 well-being. See more here.
Requisition compensation:
175000to
239000
Key Skills
- Computer Science
- Operational Risk Management
- Risk Management
- Six Sigma
- Continuous Improvement
- Lean
- Process Improvement
- Pricing
- Customer Support
- Alteryx
- Kaizen
- Project Management Lifecycle
About Company
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, fle ... View more
