Financial Engineer III, Capital Markets Finance

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

The Financial Engineer III, Capital Markets will use advanced mathematical, analytical, or econometric tools to create algorithms that will be used in analytical or product development processes. Using these tools, develop or refine computer applications that provide deeper analysis of prospective asset performance, asset pricing, new asset classes, or information needed to measure or hedge risk. Provide ongoing analysis of new products or asset classes, and suggest program modifications as necessary. May test applications for accuracy and functionality before putting them into service.

KEY JOB FUNCTIONS

Confer with product managers, marketing staff, capital market staff, or business unit management to determine analytical or product-related needs regarding product, investment instrument, market activity, or complex transaction to be analyzed.

Use one or more analytical tools from a suite of mathematical/application tools to perform appropriate analysis on specified product, transaction, market activity, or investment vehicle that has multiple variables affecting potential outcomes.

Report in quantitative manner on parameters of proposed purchase, sale, marketing action, structure of transaction or market activity, or risk factors and the degree to which they could affect outcomes.

Participate with product management, treasury, or capital markets staff in exercises to value derivatives or other complex products, or to revise models used to perform these valuations.

Perform loss forecast analysis and reporting; perform ongoing ad hoc model development and analysis for specific clients needing high level quantitative analysis of credit risk, product valuation, asset analysis, and the like.

Design test cases and test applications for systems used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented.

Redefine and implement the components of new risk indicators. Consult with the business owners, design and implement an interface to record key indicators, research industry best practices of analyzing and reporting key performance indicators.

Provide technical guidance or consultation to less senior staff. Serve as technical lead on projects to develop more accurate or refined analytical applications used in pricing, valuation, risk assessment, and the like.

Qualifications

EDUCATION

Bachelor Degree or Equivalent

Master, PhD or Other Advanced Degree Preferred

CPA or CFA preferred

MINIMUM EXPERIENCE

7 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

* Motivated team leader with an exceptional background in quantitative financial analysis with an emphasis on economic capital modeling * Sharp problem solving skills with a firm understanding of accounting concepts * Demonstrated written communication and presentation skills, with an ability to effectively communicate complex analyses to senior management * Proven ability to interface with technology teams for application enhancement and development

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 Finance

Primary Location DC-Washington

Organization Cap Markets Business Unit CFO

Schedule Full-time

Job Type Standard

Shift Day Job

Employee Status Regular

Relocation Available Yes

Experience Level 2-Mid Level (4-7 Years)

Please refer to job code 191780 when responding to this ad.

Category:	Accounting/Banking/Finance/Insurance
	> Financial Analysts      > Other Finance
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