Financial Economist I

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

This position will work on Fannie Maes implementation of the Making Home Affordable initiative which is part of the Housing Affordability and Stability Plan.  Per U.S. Treasury guidelines, United States Citizenship or permanent residency status along with authorization and compliance with a non-disclosure agreement is required.

The analyst will be part of the Home Affordable Modification Program (HAMP) Net Present Value Model (NPV) Team. The team is responsible for developing, maintaining, executing and interpreting the NPV model. The analyst will be responsible for performing analysis on data that are received from the NPV model submissions and handling ad-hoc requests and questions about the NPV model from internal and external customers.

KEY JOB FUNCTIONS

* Perform data analysis on loan data received through the NPV model submissions. * Monitor the input and output data from IR2 to determine whether the model is working as expected; determine if code change or user guide change is necessary. * Perform User Acceptance Testing before each release of the NPV model. * Resolve NPV model production issues with Technology and Communications. * Coordinate, compile and update quarterly supplemental data tables for the NPV model. * Field NPV model related questions from internal and external parties.

Qualifications

EDUCATION * Bachelor Degree or Equivalent Preferred MINIMUM EXPERIENCE * 0-2 years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

* A solid set of SAS and SQL programming skills is required; knowledge of relational database design a plus. * Must possess critical thinking and analytical skills. * Must possess a good knowledge of statistics. * Must be a highly motivated self-starter who can effectively contribute in a team environment. * Excellent abilities to set priorities, meet tight deadlines and deliver high quality results. * Strong written and verbal communication 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 NMP - BA&D

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 191761 when responding to this ad.

Category:	Accounting/Banking/Finance/Insurance
	> 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