Sr Business Analyst

FANNIE MAE

THE COMPANY

Fannie Mae is a shareholder-owned company with a public mission: to tear down barriers, lower costs, and increase the opportunities for homeownership and affordable rental housing for all Americans. Over our 65-plus year history, Fannie Mae has worked with housing partners to provide low-cost financing for more than 60 million American families to own or rent a home.



For more information about Fannie Mae and our career opportunities, please visit www.fanniemae.com



MANAGEMENT and REPORTING STRUCTURE

The Senior Business Analyst will lead SFMB in conducting ORM activities, including- process mapping, key risk identification, scenario development, RCSA, loss data collection and identification of risk information/indicators. The individual will also provide advice on improving risk management, provide input to decision making, and ensure that business continuity plans are in place and operational. The Senior Business Analyst will work in a team and report to the Director for OR Strategy & Management.



POSITION RESPONSIBILITIES

The Senior Business Analyst will lead 'business units' in conducting ORM activities, by providing guidance, training, and feedback as appropriate.

More specifically, s/he must :

Administer the Risk Control Self Assessment, oversee/support the collection of data on operational events and/or near misses.

Provide risk management perspective to important decision making, including assessing/mitigating operational risk of new products, by participating in important 'business unit' meetings and discussions.

Ensure that the business continuity plans are in place/operational. Coordinate with the Director of BCP to ensure that areas of concern are addressed immediately and work with the 'business units' in the implementation of appropriate measures.

Provide general advice on improved risk management in SF as prompted by specific events within a 'business unit' or based on guidance from the ORO etc. This will include process improvement and improve mitigation strategies.

REQUIREMENTS


PROFESSIONAL QUALIFICATIONS

The successful candidate will have the following professional qualifications:

A bachelor's degree in Business, Finance or a related field.

A minimum of five years experience in an operational or risk function, within a top financial services, capital markets, or insurance organization with a minimum of two to three years in a leadership/training/management position.

Detailed understanding of operational risk management concepts and methodologies, in general and as applicable to Fannie Mae preferred.

Advanced understanding of the Single Family Mortgage Business.

Ability to learn quickly and establish credibility with people in the 'business unit', in order to ensure buy-in to implementation of the operational risk framework.

Detailed understanding of the current regulatory environment as it relates to operational risk (Basel II).

Strong interpersonal and influencing skills and ability to work with a team.

Strong judgment, customer service, consensus building, interpersonal, and communication (both oral and written)



SUCCESS QUALIFICATIONS

The Senior Business Analyst must exhibit the following success qualities:

The ability to effectively communicate with both internal and external groups.

The ability to make sound judgments and to use problem solving skills that help identify, isolate and resolve problems and issues in a timely fashion to negate or minimize business impact.

The ability to make decisions and recommendations after carefully weighing multiple and sometimes opposing positions while balancing this with corporate and departmental goals and strategies.

The ability to manage projects to aggressive time frames and to ensure that deadlines are met. This is a fast-paced environment with changing priorities, so flexibility, innovation, and team focus are essential qualities for success.



COMPENSATION

Fannie Mae's compensation and benefits package is very competitive. It is designed to help employees meet varying needs throughout their careers and to reward employee's skills, experience, and potential.



Fannie Mae is an equal employment opportunity employer and considers qualified applicants for employment without regard to race, gender, age, color, religion, national origin, marital status, disability, sexual orientation, or any other protected factor.