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

The VP Legal and Regulatory Compliance is accountable for the compliance risk management program that assesses prioritizes and manages legal and regulatory compliance risks throughout the enterprise.

This leader will be responsible for overseeing the implementation of the compliance plans at the business unit level as well as conducting assessments to determine the extent of compliance with the plans. They will also provide oversight of the coordination and partnering with necessary support functions within Fannie Mae on specific topics such as training and IT/systems to increase the effectiveness of compliance activities. Lastly this role will interact with regulators or other external stakeholders in planning activities or changes to business processes that are subject to regulation.

Key Responsibilities:

• Design the strategies and key initiatives to guide and lead the compliance team to oversee coordinate and partner with the business units on the development interpretation and implementation of the compliance plans and identify areas for improvement.

• Provide subject matter expertise and guidance on compliance issues to compliance resources within the business units when needed.

• Oversee the coordination activities and develop policies (where applicable) for specific specialist functions based on strategic initiatives.

• Oversee execution of the periodic compliance assessment program in conjunction with other assessment programs within the organization.

• Decide on revisions and changes to the compliance plans for individual business units as necessary.

• Provide leadership in communicating the compliance framework standards and policies to the organization (e.g.: through development of an effective training program).

• Keep abreast of changes to the regulatory legal environment; assess implications and revise strategies for Fannie Maes businesses in conjunction with the Legal department.

• Build relationships and partner with business units and executives to increase compliance effectiveness and ensure adequate leveraging of resources.

• Manage develop motivate and communicate with direct reports and compliance staff.

Candidate Qualifications

• 12 years of progressive experience in legal regulatory compliance or risk management including 8 years of leadership experience within a large complex and highly regulated organization (preferably in the financial services or housing finance space).

• Strong expertise in U.S. financial regulations (e.g. FHFA CFPB SEC banking regulations) and demonstrated ability to interpret and operationalize evolving regulatory requirements.

• Proven track record designing implementing and overseeing enterprise-wide compliance risk management frameworks including assessments monitoring and reporting.

• Demonstrated ability to develop and execute long-term compliance strategies aligned with organizational goals while driving measurable improvements across business units.

• Experience interacting with regulators and external stakeholders including managing examinations responding to findings and influencing regulatory outcomes.

• Ability to partner with Legal Risk IT Audit and business leaders to integrate compliance into business processes and systems effectively.

• Experience developing implementing and maintaining compliance policies standards and governance structures across multiple business units.

• Expertise in conducting compliance risk assessments identifying gaps and driving remediation efforts with a data-driven and risk-based approach.

• Proven ability to lead develop and inspire high-performing teams including building organizational capability in compliance functions.

• Exceptional executive-level communication skills with the ability to translate complex regulatory requirements into actionable guidance and influence senior stakeholders.

Qualifications

Education:

The 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.