Capital Markets Pricing and Valuation - Associate

Fannie Mae; Washington (District of Columbia); On-site; USD 85,000 - 110,000; Full time

Job summary

Fannie Mae in Washington, DC seeks an Associate on the Capital Markets Pricing and Valuation team to help value asset and liability portfolios using fixed income models and financial data.

You will build cash flow models, discuss market trends, perform daily fair-value pricing, and contribute to financial analysis while learning Bloomberg, Intex, and SQL tools.

Qualifications

• 1-2 year of relevant experience.
• Bachelor’s degree or equivalent.
• Fixed income market experience from a trading, portfolio management, securities valuation, or research background.
• Strong interest to pursue CFA, CPA, FRM or CTP designation.
• Basic knowledge and understanding of MBS and financial markets.
• Understanding of fixed income analytics (DCFs, OAS, Duration/Convexity, spreads/Discount Margins).
• Comfortable discussing financial concepts with internal and external participants.
• Strong analytical skills and attention to detail.
• Advanced Excel skills.
• Experience with Bloomberg, Intex and other valuation tools a plus.
• Experience with SQL a plus.
• Ability to work independently to develop market research and analytics.
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.

Responsibilities

• Work as part of a team to create cash flow models, pricing methodologies and valuation techniques to support Fannie Mae's fixed-income portfolios and new business initiatives
• Discuss markets and fixed income concepts and trends with internal and external market participants, including Trade Desk, Risk Groups, and Third-party participants
• Execute daily fair-value pricing for the Company’s loans, securities, debt, and derivative portfolio for use by the Trade Desks, Risk Management, and Financial Reporting
• Research market activity and risk factors that could affect the pricing of the portfolios
• Execute pricing methodologies and strategies to ensure pricing is consistent with current market environment and reduce operational risk
• Document and report on processing or analyzing large amounts of data efficiently using advanced financial engineering tools and techniques.
• Contribute to financial analysis or forecasting, which may include scenario or sensitivity analysis, stress testing, or attribution analysis.
• Participate in executing models and/or interpreting model results. Assist with translating the results from the analysis or models for the customer into understandable conclusions.
• Assist model builders to vet new models, suggest changes to existing models, or analyze model performance data.
• Perform data and systems analysis, validation, and regression testing.

Skills

Analytical skills

Excel skills

Written & verbal communication

Independent work

Adaptability to new tech

Education

Bachelor’s degree or equivalent

Tools

Bloomberg

Intex

SQL

Job description

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

As a valued colleague on the Capital Markets Pricing and Valuation team, you will assist with supporting the team valuing Fannie Mae’s Asset and Liability portfolios using financial industry knowledge and applying mathematical/fixed income models to business or financial data. Your efforts will enable the team to provide market valuations to internal customers, implement business initiatives, analyze or report on business performance, solve business questions, or inform business decisions. Work may include developing models or prototypes to achieve these goals but is not the core focus in the role.

THE IMPACT YOU WILL MAKE

The Capital Markets Pricing and Valuation - Associate role will offer you the opportunity to make an impact, while working alongside people who care so that you can deliver on the following responsibilities:

Responsibilities

• Work as part of a team to create cash flow models, pricing methodologies and valuation techniques to support Fannie Mae's fixed-income portfolios and new business initiatives
• Discuss markets and fixed income concepts and trends with internal and external market participants, including Trade Desk, Risk Groups, and Third-party participants
• Execute daily fair-value pricing for the Company’s loans, securities, debt, and derivative portfolio for use by the Trade Desks, Risk Management, and Financial Reporting
• Research market activity and risk factors that could affect the pricing of the portfolios
• Execute pricing methodologies and strategies to ensure pricing is consistent with current market environment and reduce operational risk
• Document and report on processing or analyzing large amounts of data efficiently using advanced financial engineering tools and techniques.
• Contribute to financial analysis or forecasting, which may include scenario or sensitivity analysis, stress testing, or attribution analysis.
• Participate in executing models and/or interpreting model results. Assist with translating the results from the analysis or models for the customer into understandable conclusions.
• Assist model builders to vet new models, suggest changes to existing models, or analyze model performance data.
• Perform data and systems analysis, validation, and regression testing.

Desired Experiences

THE EXPERIENCE YOU BRING TO THE TEAM

• 1-2 year of relevant experience
• Bachelor’s degree or equivalent
• Fixed income market experience from a trading, portfolio management, securities valuation, or research background
• Strong interest to pursue CFA, CPA, FRM or CTP designation
• Basic knowledge and understanding of MBS and financial markets
• Understanding of fixed income analytics (DCFs, OAS, Duration/Convexity, spreads/Discount Margins, etc.)
• Comfortable discussing financial concepts with internal and external participants
• Strong analytical skills and attention to detail
• Excellent written and oral communication skills
• Advanced Excel skills
• Experience with Bloomberg, Intex and other valuation tools a plus
• Experience with SQL a plus
• Ability to work independently to develop market research and analytics
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work

Note: Some weekend and holiday work may be required to meet production deadlines

Pricing - Financial Engineering - Associate

Target Pay Range: $85,000 - $110,000 a year

Qualifications

Education:

Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

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 and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition Compensation

• 85000
• to
• 110000