Dir, Credit Portfolio

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
Community Lending Risk is responsible for managing the credit decision making process for the Community Lending business line, including providing risk guidelines.  The group also works with the business line to develop a strategy to maximize the value of the Community Lending portfolio while anticipating market trends and remaining within acceptable risk limits.  The Director, Credit Portfolio Management contributes to this effort by monitoring and reporting on trends in the Community Lending portfolio and monitoring adherence to the business unit policies developed in conjunction with HCD Risk Management.  As part of the portfolio monitoring, this individual supports the VP. Community Lending Risk in providing input to regulatory requests.

 

POSITION RESPONSIBILITIES
The Director will:
o Oversee Community Lending portfolio monitoring and reporting:
Lead team responsible for the development of portfolio reporting templates in conjunction with the Reporting & Analytics function of Business Support & Development, for use by the VP, Community Lending Risk and for senior management reporting. Monitor portfolio quality, escalating potential issues, including compliance. Work with the Community Lending business to develop a product strategy, taking credit risk into account and working with RTF to identify options for changing the portfolio risk profile through back-end transactions.
o Provide support for policy development:
Engage with VP, Policy under HCD Risk Management to provide input to policy development discussions, including limit development and taking the lead in ensuring that Community Lending businesses are adhering to policy standards and escalating issues as appropriate.
o Manage analyst team:
Prioritize sub-unit deliverables in the monitoring and reporting of trends in the Community Lending portfolio. Provide guidance and direction to staff in the identification and analysis of Community Lending portfolio trends.  Review all work for thoroughness, quality, and accuracy.
o Coordinate with internal stakeholders:
Support the VP, Community Lending Risk in providing input to regulatory requests. Engage with internal stakeholders to coordinate work, including corporate functions and Multifamily Counterparty.
o Assume responsibility for staff development:
Responsible for development of direct reports. Make recommendations regarding hiring/ retention of staff and manage, motivate, evaluate, train and counsel assigned staff. Manage staff processes.




PROFESSIONAL QUALIFICATIONS
o Seven to ten years experience with a top financial services, capital markets, or insurance organization
o Three or more years in a leadership role
o Significant experience working in a credit risk management function as a portfolio manager for a commercial real estate lender, fund, etc.
o Demonstrated experience in synthesizing information from a variety of sources
o Strong understanding of Community Lending products and financial instruments.  Ability to quickly understand and adapt to changes in business environment such as market movement or changes in the competitive landscape
o Detailed understanding of portfolio management concepts, in general and as applicable to Fannie Mae
o Demonstrated strong leadership, planning and managerial abilities. Strong project management and/or organizational skills.  Empowers others, builds confidence and demonstrates a positive and energizing style
o Strong interpersonal and influencing skills, and ability to work with the business line and corporate staff
o Knowledge of regulatory requirements surrounding the Community Lending portfolio

 

SUCCESS QUALIFICATIONS:

o Business Acumen - Knows how businesses work; Knowledgeable in current and future policies, practices, trends, technology, and information affecting his/her business and organization; Knows the competition; Is aware of how strategies and tactics work in the marketplace

o Process Management - Good at figuring out the processes necessary to get things done; Understands how to separate and combine tasks into efficient workflow; Can simplify complex processes.

o Communicating - Provides the information people need to know to do their jobs and to feel good about being a member of the team, unit, and/or organizations; Provides individuals information so that they can make accurate decisions; Is timely with information

o Strategic Perspective - Looks toward the broadest possible view of an issue/challenge; Can easily pose future scenarios; Can think globally; Can discuss multiple aspects and impacts of issues and project them into the future

o Listening - Practices attentive and active listening; Has the patience to hear people out; Can accurately restate the opinions of others even when he/she disagrees

o Building Effective Teams - Blends people into teams when needed; Creates strong morale and spirit in his/her team; Shares wins and successes; Fosters open dialogue; Lets people finish and be responsible for their work; Defines success in terms of the whole team

o Managing and Measuring Work - Clearly assigns responsibility for tasks and decisions; Sets clear objectives and measures; Monitors process, progress, and results; Designs feedback loops into work

o Project Management - Accurately scopes out length and difficulty of tasks and projects; Sets objectives and goals; Breaks down work into the process steps; Develops schedules and tasks/people assignments; Anticipates and adjusts for problems and roadblocks; Measures performance against goals

o Managing Vision and Purpose - Communicates a compelling and inspired vision or sense of core purpose; Creates milestones and symbols to rally support behind the vision; Makes the vision sharable with everyone

o Motivating Others - Creates a climate in which people want to do their best; Invites input from each person and shares ownership and visibility; Makes each individual feel his/her work is important


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.