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 IMPACT YOU WILL MAKE

As a Single Family – Risk Management - Senior Manager you will play a critical leadership role in helping Fannie Mae identify, assess, monitor, and mitigate risks that could impact the company’s reputation, safety, security, operational effectiveness, and financial performance. You will partner closely with senior leaders and stakeholders across the enterprise to develop and implement strategic risk management frameworks, evaluate emerging risks, and drive informed business decision-making.

The successful candidate will lead a team responsible for identifying potential risk exposures, evaluating business impacts, and supporting enterprise-wide risk management efforts in a dynamic and evolving regulatory environment.

Key Responsibilities

• Provide centralized leadership across governance, operational risk management, AI oversight, and strategic initiatives for the Collateral Policy and Valuation (CPV) organization. Lead and develop a team responsible for identifying, assessing, and monitoring risks across valuation operations, collateral processes, and supporting platforms.
• Partner with leadership to design and implement risk management frameworks, governance structures, and control environments that support business objectives while ensuring compliance with regulatory requirements and enterprise standards. Oversee responsible AI governance, including controls related to model use, data integrity, and emerging technology risks.
• Evaluate existing and emerging risks across business operations, regulatory compliance, financial performance, and valuation processes, with a focus on collateral risk, appraisal modernization, and platform ecosystems including Desktop Underwriter (DU), Collateral Underwriter (CU), Valuation Order Management, and internal tools. Direct team efforts to analyze, monitor, and report risk insights using data-driven approaches.
• Lead the development and delivery of operational and collateral risk reporting, governance materials, and executive-level presentations to inform decision-making. Ensure consistent documentation of risk assessments, issue management, mitigation strategies, and control frameworks.
• Drive strategic initiatives across CPV, including Condo strategy and valuation modernization, ensuring alignment with enterprise priorities and integration into business operations. Provide risk-informed perspectives to guide strategy discussions in response to market conditions, valuation trends, and regulatory expectations.
• Collaborate with cross-functional partners across business, technology, analytics, and operations to ensure risks are appropriately identified, managed, and mitigated. Oversee development of tools, applications, and process improvements that enhance efficiency, strengthen controls, and increase transparency.
• Foster a culture of accountability, collaboration, and continuous improvement while developing team capabilities to meet evolving governance, risk, and strategic needs.

Minimum Required Experience

• 6 years of progressively responsible experience in Risk Management, Enterprise Risk, Operational Risk, Compliance, Internal Audit, Financial Services, or a related field.
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.

Desired Experience

• Bachelor’s degree or equivalent combination of education and experience.
• 10 years of Experience leading teams and developing talent in a risk management or financial services environment.
• Experience partnering with senior leaders and cross-functional stakeholders to drive strategic initiatives.
• Strong analytical, problem-solving, and decision-making capabilities.
• Experience evaluating complex business risks and developing practical mitigation strategies.
• Excellent Executive Communication, including experience presenting to senior leadership.
• Knowledge of risk management frameworks, governance practices, and regulatory expectations within a highly regulated industry.
• Ability to manage multiple priorities and lead through organizational change.
• Strategic Thinking
• Risk Assessment and Mitigation
• Leadership and Team Development
• Stakeholder Management
• Analytical Problem Solving

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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