Job Description The Collateral Policy and ; Valuations – VP will set collateral and condominium policy for Single-Family (“SF”), lead Single-Family’s collateral valuation activities, execute the multi-year Valuation Modernization plan, and communicate new and emerging risk associated with appraisal or valuation risk. This role will collaborate with stakeholders to prioritize the aforementioned activities and will report to the SVP of SF Collateral Risk. THE IMPACT YOU WILL MAKEThe Collateral Policy and ; Valuations – VP role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:
Sets the strategic direction for collateral risk management and policy; oversees the team responsible for policy and industry engagement for collateral risk, valuation modernization, condo projects and standards, appraiser engagement, and valuations for key liquidation activities
Partners with the Credit Risk Management teams, the Business Account Management Solutions (“BAMS”) teams, the Environmental, Social and Governance (“ESG”) team, and Capital Markets to prioritize and execute collateral and condo policy activities to support the Equitable Housing Finance Plan (“EHFP”), Duty to Serve (“DTS”), and other collateral-related FHFA directives and scorecards
Serves as the business owner for Collateral Underwriter
Manages key appraiser oversight activities such as notification letters, the state referral and tipping process, training, text-scanning, and the Appraiser Diversity Initiative
Partners with the Enterprise Data team to manage the Uniform Appraisal Data and Uniform Property Data standards and support processes
Maintains strong relationships with lenders, appraisers, appraisal management companies, mortgage insurance companies, and servicers to understand emerging risks and opportunities to inform policy and modernization priorities
Qualifications THE EXPERIENCE YOU BRING TO THE TEAM
15+ years of relevant risk management experience, ideally 5+ 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
Experience in control design, execution, and monitoring
A background in managing sizable teams; understands how to successfully attract, develop, and retain talent
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
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
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 careersmailbox@fanniemae.com.
Full-time