Regulatory Compliance Director (Open to Remote)

  • Full-time
  • Target Hiring Range (1): 169000
  • Target Hiring Range (2): 229000

Company Description

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.

Job Description

In this compelling leadership position, you will lead the development of Multifamily's organizational policies, controls, and guidelines for compliance with the organization's activities impacted by policies and regulations, including Fair Lending, Fair Housing, UDAAP and other laws designed to protect against discrimination and unfair practices in housing and lending

THE IMPACT YOU WILL MAKE
The MF Risk - Risk Management - Director 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:

  • Responsible for identifying Fair Lending, Fair Housing, UDAAP and related compliance risks for new and existing Multifamily business activities, including changes to underwriting, asset management and servicing policies
  • Review of existing policies and processes to reveal, and then resolve, gaps in controls or governance
  • Develop efficient tools and processes to close gaps and navigate identified compliance issues on a transaction and programmatic level to resolution
  • Support business rationales, identify and gather relevant data, and engage with internal and external stakeholders to align business activities with applicable regulations
  • Oversee resolution of compliance issues and manage internal and regulatory reporting obligations
  • Establish and support effective and productive relationships with all internal, external and regulatory stakeholders impacting first-line compliance responsibilities and issues
  • Ensure data quality for compliance, reporting and analysis
  • Maintain a current understanding of Enterprise policies and procedures relating to applicable regulations
  • Ensure that business unit-owned policies, standards and procedures for promoting and tracking compliance are developed, as needed, and maintained
  • Communicate a culture of compliance and the need for effective internal controls
  • Develop and promote effective training for the Multifamily staff
  • Manage responses to questions raised by FHFA and requirements imposed by FHFA

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

  • 8 years of experience


Desired Experiences

  • Bachelor degree or equivalent; Master degree preferred.
  • 4 years relevant focused commercial, small business, or multifamily lending discipline, such as underwriting or risk management
  • 4 years relevant focused compliance risk discipline, such as Fair Lending, Fair Housing, Small Business lending, and/or UDAAP


Skills

 

  • The group of skills related to Compliance including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, and navigating the resolution of potential competing objectives
  • Experience helping an organization to plan and manage change in effort to meet strategic objectives
  • Skilled in gathering accurate information to explain complex concepts, and presenting information to an audience in a way that is engaging and easy to understand
  • Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring
  • The group of skills related to Relationship Management including managing and engaging stakeholders, persuading others, and resolving conflict
  • Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software

Tools

  • Experience using RiskWorks
  • Experience using SharePoint
  • Skilled in Excel
  • Skilled in Visio

Additional Information

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

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

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 [email protected].

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. See more here.

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