Single Family Deputy General Counsel SVP
Job Location:
Reston, VA - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
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
The Senior Vice PresidentDeputy General Counsel provides and oversees legal advice and other legal services for Fannie Maes Single-Family Business. The Single-Family Business is managed byJake Williamson Executive Vice Presidentand Head ofSingle-Family Business and his leadership team withsupportfrom the corporate finance risk operations and technology human resources legal and other centralized functions. This SVP leads a team of38 legal professionals.
We are seeking an individual who is dedicated to the mission of Fannie Mae and who will be invigorated by the challenge of working within an organization at the forefront of change within the financial services market and the economy.
This executive will be a key advisor to business leaders and will be a person of impeccable judgment professionalism and unquestioned integrity and ethics. Leading by examplethis individualwill be collaborative attuned to building a culture within the legal organization of partnership and trust and will put the needs and interests of the organization abovetheirown.
Servingas the senior legal advisor to the Single-Family business providing strategic counsel across the full residential mortgage lifecycle including loan origination underwriting pricing acquisition servicing asset management and secondary market execution.
Partneringwith executive leadership to advise on legal regulatory and policy mattersimpactingFannie Maes Single-Family business balancing businessobjectiveswith legal compliance and enterprise risk considerations.
Leads develops and mentors a high-performing legal organization responsible for supporting one of the nations largest residential mortgage businesses fostering a culture of collaboration sound judgment and client-focused legal counsel.
Collaborates with Risk Compliance Technology Operations and Enterprise Security leadership toidentifyand mitigate legal and operational risks while enabling innovation and business transformation.
Provides strategic legal counsel on the application of artificial intelligence throughout the Single-Family mortgage lifecycleincluding origination underwriting servicing asset management and secondary market activitieshelping the business navigate a rapidly evolving regulatory landscape while enabling innovation andmaintainingcompliance with applicable legal and policy requirements.
Regularly reportingorallyand in writing to the Fannie Mae Board of Directors and Management-level committees on matterspertaining tothe Single-Family Business.
Serving as the General Counsels proxy and delegate on key mattersrelated to the Single-Familybusinessas needed.
Overseeing and coordinating legal services related to the mortgage selling and servicing contracts and guides and loan documents for the purchase and securitization of single-family mortgage loans.
Overseeing legal services related to lender counterparty management.
Overseeing legal services related to loan surveillance includingbreachreview loan repurchase and legal delegation.
Developing and implementing strategies for litigation and other dispute resolution activities relating toSingle-Familybusiness activities.
Promoting customer engagement with legal counterparts at Fannie MaesSingle-Family customers including but not limited to organizing periodic legal conferences and other external legal events.
Advisingthe General Counsel and other members of the legal department leadership team onSingle-Familylegal and strategic issues.
Overseeing and coordinating legal services related to policy product development and enhancements loanacquisitiondeliveryand servicing.
Developingprovidingand managing training and presentations for internal and external customers at all levels on complex legal matters and policies.
Coordinating and managing outside counsel and alternative legal service providers (including implementation offixedfeeand other alternative billing arrangements whereappropriate).
15 years of legal experience ideally including foundational training at awell-regardedfirm and senior in-house legal experience within a bank non-bank mortgage loan servicer mortgage finance company or other highly regulated financial services environment.
Deepunderstanding ofhousing finance mortgage banking mortgage finance real estate troubled real estate debt asset resolution lending capital markets and the applicable regulatory environment.
Experience building leading and mentoring a large high-performing client-focused legal team. Proven management skills anda strongteam orientation with the ability to foster cooperation and collaboration across organizations and functions.
Strong business judgment and the ability to balance legal regulatory reputational and commercial considerations. Understands how legal advice affects growth scalability operational execution and business outcomes and can translate complex legal issues into practical actionable guidance.
Demonstrated success serving as a trusted advisor to C-suite executives influencing enterprisestrategyand delivering pragmatic business-oriented legal counsel in complex fast-paced environments.
Significant legal leadership experience in mortgage finance consumer lending banking capital markets or other highly regulated financial services businesses.
At least7years of experience leading and developing high-performing legal organizations including responsibility for talent strategy succession planning and organizational development.
At least 15 years of total legal experience ideallya mixwith a premier law firm coupled with substantial in-house legal leadership within a large matrixed organization.
J.D. from an accredited law school and admission to practice in at least one U.S.jurisdiction.
Shows curiosity and adaptability in learning and responsibly applying new technologies including artificial intelligence to reimagine how we work.
Target Pay Range: $400000 - 450000
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.
Required Experience:
Senior Exec
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
