Single Family - Risk Management - Senior Associate

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 home ownership 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 our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success. In this role, you will support risk management activities across the Single-Family business, help evaluate emerging and existing risks, and collaborate with teams across the organization to strengthen risk awareness, controls, and decision-making. You will bring thoughtful analysis, sound judgment, and a collaborative approach to help the organization proactively identify issues and manage risk within a highly regulated environment.

• Assess, analyze, and communicate business and operational risks that could affect the organization’s reputation, safety, security, financial performance, or ability to meet business objectives.
• Support risk identification and evaluation activities within Single-Family Risk, including reviewing trends, issues, processes, and other information to identify potential areas of concern.
• Collaborate with business partners, risk professionals, and other stakeholders to understand risk drivers, evaluate potential impacts, and support appropriate risk responses.
• Contribute to risk monitoring, reporting, and escalation activities by developing clear, concise, and well-supported analyses and recommendations.
• Help identify opportunities to strengthen controls, processes, governance, and risk management practices; support implementation and follow-through on agreed actions.
• Review and synthesize qualitative and quantitative information from multiple sources to support informed risk decisions and management discussions.
• Track emerging risks and changes in the business or external environment and communicate relevant developments to stakeholders.
• Prepare materials, summaries, and presentations for risk leadership and stakeholder discussions, ensuring information is accurate, consistent, and easy to understand.
• Promote a strong risk culture by demonstrating sound judgment, constructive challenge, accountability, and effective partnership across teams.

Position can be based out of one of our 3 offices in Washington, DC, Reston, VA or Plano, TX.

• Bachelor’s degree in a relevant field such as business, finance, economics, risk management, accounting, information systems, or a related discipline, or equivalent experience.
• Relevant experience in risk management, business operations, financial services, governance, controls, audit, compliance, or a closely related area.
• Strong analytical and problem-solving skills, with the ability to evaluate information, identify key risks, and translate findings into practical recommendations.
• Strong written and verbal communication skills, including the ability to present complex information clearly to audiences with varying levels of risk expertise.
• Demonstrated ability to build effective working relationships, collaborate across functions, and influence outcomes without relying solely on formal authority.
• Sound judgment, attention to detail, and the ability to manage multiple priorities in a fast-paced and highly regulated environment.
• Comfort working with data, business documentation, and risk-related reporting to identify patterns, trends, and potential areas requiring additional attention.
• Shows curiosity and adaptability in learning and responsibility applying new technologies, including artificial intelligence, to reimagine how we work.

• Experience supporting risk management within mortgage, housing finance, banking, capital markets, or another regulated financial services environment. Experience working with enterprise or business-level risk frameworks, risk and control assessments, issue management, or risk reporting.
• Familiarity with the Single-Family mortgage lifecycle and the risk…