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Job Description
The VP, Treasury and Capital Markets Operational Risk Management reports to the EVP, Chief Investment Officer and Head of the Treasury & Capital Markets (TCM) division. The TCM division includes both Single-Family and Multifamily capital markets activities, Treasury operations, and Investment strategy. This includes overseeing liquidity, financing, credit risk transfer, balance sheet management, and derivative activities. The leader is responsible for (1) targeted program initiatives and (2) overall governance, risk, and compliance activities across the TCM business. This position has leadership responsibility for setting the strategic plan to promote and protect the interest of the corporation while driving new business initiatives across the functions, inclusive of ensuring that the business strategies developed and implemented are risk mitigated and managed to provide the appropriate level of safety and soundness.
This VP is tasked with leading the overall efforts for first-line operational risk management, operational compliance, and business resiliency and continuity for the TCM division. Success requires effective communication that is timely, clear, and informative, proactive management of operational risk, collaboration with Enterprise Risk Management (ERM) and Internal Audit, and business level reporting of both status and risk measures / concerns. Additionally, continually evolving and maturing the function to meet the ever-changing demands of Fannie Mae and the respective super-divisions is required.
Ideally this leader will bring a knowledge of Commercial Banking, Capital Markets, and/or Treasury functions, proactive management of operational risk, collaboration with Enterprise Risk Management (ERM) and Internal Audit, the ability to strategize on best practices in risk management and operationalize those practices, and to be able to manage enterprise focused reporting and governance. Additionally, the ability to continually evolve and mature the function to meet the ever-changing demands of Fannie Mae and the TCM business is required.

CANDIDATE QUALIFICATIONS:

15+ years of relevant risk management experience, ideally 10+ in a leadership capacity
Experience working in the mortgage space or adjacent financial services industry space, ideally at a large, complex, and highly regulated financial institution
Significant experience in leading significant transformation efforts; assessing current state and moving towards an ideal, future state target
Experience in the process of analyzing operational risk data to identify trends or relationships to inform conclusions about the division’s risk level and health of operational risk controls
Experience in identifying and selecting strategic options, and identifying resources to meet the defined objectives
Experience in the process of analyzing operational risk data to identify trends or relationships to inform conclusions about the division’s risk level and health of operational risk controls
Experience in control design, execution, and monitoring • A background in managing sizable teams; understands how to successfully attract, develop, and retain talent
A background in Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
Proven track record being a successful Relationship Manager; someone who can foster strong connections to the Single-Family teams as well as manage and engage stakeholders, customers, and vendors
Strong executive influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
The group of skills related to Governance and Compliance including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc.
Adept at managing project plans, resources, and people to ensure successful project completion
Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring
Target Pay Range: $252,000.00 - $341,000.00
Qualifications

EDUCATION:

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For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.
Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.co

Oversee and manage 1st line operational risk management for Fannie Mae’s TCM division
Understand and lead complex risk reviews, including understanding of Model Risk Management, Fair Lending, Third-Party Risk Management, Compliance, and other emerging risk dimensions of operational risk
Set the strategy and vision of operational risk management for TCM as well as lead and coordinate operational compliance across Single-Family, Multi-Family, and Finance divisions
Lead and coordinate project work across the TCM division as requested and/or identified
Ability to problem solve, strategize, and resolve large scale issues or control gap remediation.
Perform analysis in partnership with key stakeholders to identify opportunities to automate controls with new and innovative solutions
Manage governance, risk, and compliance; operational compliance includes, but is not limited to, policies and procedures, records, delegations of authority, privacy, and anti-money laundering
Responsible for TCM operational risk event and incident filing and reporting within requirements and processes of ERM
Overseeing all business resiliency and continuity efforts for TCM
Oversee all engagement for Internal Audit team for audits and exams (internal and FHFA)
Manage all third-party risk management including onboarding and monitoring of TCM counterparties
Manage all TCM process flows and its relevant components
Manage all resolution planning efforts for TCM