Multifamily Operational and Compliance Risk - Lead Associate

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 member of the Multifamily Operational and Compliance Risk team, you will play a critical role in identifying, assessing, and mitigating operational and compliance risks across the organization. You will lead risk assessments, support governance initiatives, and collaborate with business units to strengthen internal controls and ensure compliance with regulatory requirements.

THE IMPACT YOU WILL MAKE

The Multifamily Operational and Compliance Risk - Lead Associate role will offer you an opportunity to play an essential role in safeguarding the integrity and resilience of our multifamily business operations and delivering on the following responsibilities:

• Conduct operational and compliance reviews including risk assessments, process walk throughs, and control evaluations.
• Identify risk and control gaps, recommend remediation strategies, and monitor their implementation to prevent risks or reduce their impact.
• Partner with business units to ensure effective risk management practices are embedded in daily operations.
• Monitor and report on key risk indicators and operational risk events.
• Perform root cause analysis and support issue management processes.
• Collaborate with Internal Audit, Compliance, and other risk teams.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

• 4 years of relevant experience

Desired Experience

• Strong risk assessment capabilities, including control evaluation, impact analysis, gap identification, and risk remediation.
• Skilled in issue management, including identification, documentation, and independent validation of remediation effectiveness.
• Determining causes of operating errors and taking corrective action.
• Proven relationship management skills, including the ability to engage and influence senior leadership, build strategic stakeholder partnerships, and collaborate across functional business lines to drive alignment and achieve shared objectives.
• Experience gathering accurate information and communicating clearly to explain concepts, resolve conflicts, and address inquiries.
• Project management skills, including managing project plans, resources, and teams to achieve project goals.
• Data analysis experience to identify trends and relationships, draw conclusions, and present information graphically through charts, diagrams, pictures, and dashboards.
• Proficiency with RiskWorks, SharePoint, Tableau, Excel, PowerPoint.

Multifamily Risk - Risk Analysis - Lead Associate

Target Pay Range: $121,000 - $158,000 a year

#LI-NL1 - Hybrid

Qualifications

Education:

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-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 employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:

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