SF Risk - Loan Quality Compliance - Lead Associate

The Fannie Mae; United States; On-site; USD 109,000 - 142,000; Full time

Job summary

The Fannie Mae in Plano, TX is seeking a seasoned professional to lead forensic reviews of loan files, ensuring adherence to underwriting standards and effective risk management. You will guide analysts, collaborate with policy and strategy teams, and coordinate with vendor partners to resolve issues affecting loan quality.

The role emphasizes hands-on oversight of risk, accuracy in reporting, and mentoring junior staff in loan review methodologies and fraud controls.

Qualifications

• 4 years of related experience.
• Bachelor's degree or equivalent qualifications.
• Bachelor's Level Degree (Required)

Responsibilities

• Lead forensic reviews of loan files to assess compliance with underwriting standards and quality controls.
• Research a broad range of complex loan scenarios using multiple data sources and risk models.
• Provide guidance and mentorship to team members on loan reviews, methodologies, and underwriting requirements.
• Lead reviews of internal teams and outsourced partners to ensure adherence to underwriting and QA standards.

Education

Bachelor's degree

Job description

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. As a valued colleague on our team in Plano, TX, you will mentor and provide expert guidance to internal team members and outsourced vendor partners in performing loan reviews focused on credit underwriting, quality assurance, misrepresentation, fraud, and adherence to applicable guidelines and requirements. You will oversee and ensure accurate reporting on credit quality, collaborate with internal policy and strategy teams, communicate identified loan defects to key stakeholders, and partner with internal teams and outsourced vendors to resolve issues and support effective risk management.

Impact You Will Make

Lead forensic reviews of credit files and relevant loan documentation to assess compliance with the firm's eligibility requirements and underwriting standards and identify potential fraud, misrepresentation, or other loan quality concerns. Research a broad range of complex loan scenarios using multiple tools and data sources, including loan file documentation, public records, and proprietary risk models. Provide guidance and mentorship to team members on loan reviews, research methodologies, underwriting requirements, and the evaluation of complex or unusual circumstances. Lead reviews of internal teams, outsourced vendor partners, and related processes to assess compliance with internal underwriting standards and quality assurance requirements. Analyze loan-level and portfolio-level findings to identify trends, recurring defects, and emerging loan quality issues. Prepare and communicate accurate reporting on loan quality findings, defects, and areas of risk to appropriate stakeholders. Collaborate with policy, strategy, risk, internal partners, and outsourced vendor partners to research findings, resolve identified issues, and support consistent application of underwriting and eligibility requirements.

Minimum Required Experience

4 years of related experience

Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work

Desired Experience / Education

Bachelor's degree or equivalent Qualifications

Bachelor's Level Degree (Required)

Location

Plano, TX

Compensation

Requisition compensation: 109000 to 142000

Benefits

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.

Work Arrangement

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.

Equal Opportunity

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.