Senior Associate, Fair Lending Oversight
6 days ago
Job Description
\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.
\About the Role
\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.
\Responsibilities
\- \
- 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.\
Requirements
\- \
- 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.\
Salary and Benefits
\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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