Director of Financial Modeling (Flexible Hybrid)

• Full-time
• Target Hiring Range (1): 172000
• Target Hiring Range (2): 234000

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

In this compelling leadership position, you will lead the ongoing enhancement of model management practices within Finance to enable a strong environment for model effectiveness, integration, development, governance, and innovation in accordance with the industry, regulatory, and internal enterprise model risk management framework.

This will be done by developing best practices, coordinating cross-group projects, proactively engaging and partnering with the second line and third lines of defense, creating visibility on weaknesses/strengths/opportunities, staying abreast of industry best practices, regulatory requirements, as well as internal standards and procedures, and leading a team to identify and improve model management issues and practices.

• Provide strategic leadership and direction for the organization’s model risk management culture and practices, ensuring full compliance with the company’s model risk management standards and procedures, and escalating/resolving noncompliance timely.
• Collaborate with senior leadership and other stakeholders to define organizational priorities and develop a roadmap to meet the modeling/analytics business need with effective and appropriately governed modeling/tool solutions.
• Build, direct, and empower your team to execute on the strategy, supporting other business teams through expertise in modeling theories, practices, technical documentation, and governance.
• Lead/coordinate with stakeholders across all lines of defense in the plan, development, implementation, use, and governance of modeling and analytics, driving strategic alignment between groups and with business strategy and objectives, sharing and adopting best practices across the company.
• Promote transparency and accountability based on established roles and responsibilities of the various stakeholders, and proactively clarify the roles and responsibilities when they are not established.
• Assess existing software systems and emerging technologies, ensuring the modeling and analytical functions are well supported.
• Foster a culture of innovation and continuous improvement within the analytics function, encouraging experimentation with new technologies and methodologies.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

• 8 years

Desired Experiences:

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

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

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. 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.