Financial Economist IPosted: November 13, 2009
THE COMPANY Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administrations Homeowner Affordability and Stability Plan. Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nations housing recovery. For more information about Fannie Mae and our career opportunities, please visit www.fanniemae.com JOB INFORMATION Apply advanced financial or economic analytical methods and models to such processes as valuation of assets, projection of pricing or risk under varying economic scenarios. Use these tools to develop and quantify risk management strategies for mortgage-based assets or their derivatives. Assess prospective economic and regulatory capital requirements for portfolio assets under varying economic conditions. Develop, or provide guidance to the development of computer applications that perform or produce various pricing, capital requirements, risk management or hedging analyses. KEY JOB FUNCTIONS Examine data from segment of housing market in order to perform economic analysis of purchase rates, effects of interest rates, prepayment risk, default risk, or other trends that could affect the products or services of assigned business unit(s). Examine particular products of assigned business unit and analyze using standard econometric or quantitative models to assess risk, predict future trends. Contribute to the preparation of periodic analyses or reports regarding operating results used by business unit management to make marketing, pricing, product management or risk management decisions over the short to mid term. Contribute to the update and maintenance of loan default, prepayment and severity models for the update of business unit products in use in client sites for loan application, credit review, underwriting, and the like. Perform economic capital analysis, and other financial analysis when necessary, for review by business unit management in order to support strategic or risk management decisions. Perform ad hoc reports or analyses of various credit, asset performance, risk management or similar data as requested by business unit or client management. Work with large data sets using SAS and SQL to access and manipulate large, complex data sources. Examine data to perform economic analyses of mortgage loan servicing. Qualifications EDUCATION Required Preferred Level Bachelor Degree or Equivalent Area of Study Economics Certifications MINIMUM EXPERIENCE 0-2 years of related experience SPECIALIZED KNOWLEDGE & SKILLS EMPLOYMENT As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business. Fannie Mae is an Equal Opportunity Employer. Manager Level -Associate Job Economics & Analytics Primary Location DC-Washington Organization Business Analysis & Decisions Schedule Full-time Job Type Standard Shift Day Job Employee Status Regular Relocation Available Yes Experience Level 1-Novice (0-3 Years) Please refer to job code 188080 when responding to this ad.
| Category: | Accounting/Banking/Finance/Insurance |
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| | Location: | Washington, DC | | County: | District Of Columbia County | | ZIP Code: | 20001 | | Pay Rate: | Open | | Job Terms: | full time | | Company: | Fannie Mae | | Phone: | email only please | | Fax: | email only please |
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