Senior Associate, Fair Lending Oversight

6 days ago


Washington, Washington, D.C., United States Fannie Mae Full time

Job Description

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We are seeking a Senior Associate to join our Fair Lending Oversight team at Fannie Mae. As a member of this team, you will play a critical role in supporting our fair lending efforts.

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About the Role

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The Senior Associate will assist in fair lending risk assessments and compliance program reviews, and manage data, access, and systems to ensure historical and current analyses are preserved and accessible.

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Responsibilities

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  • Support fair lending risk assessments and compliance program reviews.\
  • Manage data, access, and systems to ensure historical and current analyses are preserved and accessible.\
  • Develop and test hypotheses using experimental design, linear and logistic regressions.\
  • Provide recommendations on modifications to statistical models that further support fair lending objectives.\
  • Design modeling applications that support fair lending risk identification, measurement, and mitigation.\
  • Gather and report on data necessary for fair lending assessments, focusing on data availability, and data quality.\
  • Apply best practices in research and fair lending testing to model, product, and policy development.\
  • Collaborate with the team to design data visualizations, technical documentation, and non-technical presentation materials to communicate ideas and solutions to lawyers, business partners, management, and regulators.\
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Requirements

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  • A bachelor's degree in Computer Science, Data Science, Statistics, or a related field.\
  • 2 years of experience in data analytics and modeling.\
  • Proficiency in Python, R, SQL, and Excel.\
  • Familiarity with AI/ML explainability tools and building challenger models.\
  • Experience with the financial services industry, with a focus on credit risk modeling or mortgages.\
  • Excellent written and oral communication skills.\
  • Ability to work collaboratively with people from different functional expertise.\
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Salary and Benefits

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Fannie Mae offers a competitive compensation package, including a salary range of $110,000 - $140,000 per year, based on factors such as skill set, depth of experience, certifications, and other relevant qualifications. We also offer a comprehensive benefits package, including health, life, voluntary lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.



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