SF Risk Loan Quality Compliance Manager
Philadelphia, PA - USA
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
As a valued leader on the Single-Family Risk team you will manage and oversee loan quality and compliance reviews across loan origination property valuation and credit underwriting. You will ensure adherence to Fannie Maes eligibility requirements underwriting standards and quality assurance processes while identifying risks related to misrepresentation and this role you will partner closely with internal policy strategy and business teams to ensure accurate reporting of credit and collateral quality communicate loan defects to internal and external stakeholders and support resolution of issues in collaboration with lenders and internal partners.
This role centers on leading Fannie Maes repurchasing process requiring strong coordination with customers and crossfunctional stakeholders
Key Responsibilities
- Oversee repurchase activity guide lender discussions evaluate responses and rebuttals and resolve complex repurchase and makewhole requests.
- Manage and oversee team reviews of appraisals credit files and complete loan file documentation to ensure compliance with Fannie Mae underwriting standards eligibility requirements and quality assurance expectations.
- Collaborate with senior leaders to evaluate potential fraud risks support investigative methodologies and resolve complex loan quality issues.
- Lead team efforts to research and analyze information from loan documentation public records and proprietary risk models to inform risk and strategy decisions.
- Ensure accurate timely reporting of loan quality findings and trends including reviews of internal work products for consistency.
- Partner with internal stakeholders to communicate findings align on remediation strategies and support riskmitigation outcomes.
- Drive continuous improvement by identifying process enhancements and supporting strategic initiatives.
Minimum Required Experience
- 6 years of related experience in mortgage risk underwriting compliance fraud investigation or quality assurance.
- Shows curiosity and adaptability in learning and responsibly applying new technologies including artificial intelligence to reimagine how we work.
Desired Experience
- Bachelors degree or equivalent combination of education and experience
- Prior people leadership or teamlead experience.
- Experience managing lender relationships and complex stakeholder communications.
Qualifications
Education:
Bachelors Level Degree (Required)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.
Requisition compensation:
123000to
161000Required Experience:
Manager
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