JOB INFORMATION
The ideal candidate will report directly to the Director of Single Family Credit Risk in Fannie Mae's Enterprise Risk Management division. The ideal candidate will be an important member of the team responsible for Credit Risk, Developing, recommending, implementing and monitoring quality control standards on various Underwriting functions including but not limited to; Loan Quality Review and Compliance, Loan Eligibility, Reporting, and Training.
KEY JOB FUNCTIONS
Conduct credit analyses using advanced methods and tools of aggregated data provided by lenders, clients of the organization, or other sources of data.
May take lead in maintaining data integrity of proprietary credit rating or underwriting applications and assist as a business-end user in their systems enhancements.
Research frauds and patterns, initiate and contribute to new tools for detecting fraud. Make recommendations for new policies to minimize fraud and control other risks more effectively.
Advise marketing staff or customers about corporate quality control policies and counsel them to adopt practices that assure better chance of success in deals or transactions.
May lead analytical, policy development, or integration effort within unit or with other corporate departments.
Specific Responsibilities include:
- Responsible for on-site lender support
- Analysis and reconciliation of information from National Underwriting Centers to lender Quality Control
- Advise and provide recommendations to team members consulting with lenders on improvement of Q.C. , underwriting competency and other related areas
- Working with Account Teams responsible for identification of process gaps and building action plans to help remediate defects, findings, and trends
- Resolving audit QC findings