Business Data Analyst

Business Data Analyst At Fannie Mae, futures are made. The inspiring work we do makes an affordable home a reality and a difference in the lives of Americans. Every day offers compelling opportunities to modernize the nation's housing finance system while being part of an inclusive team using new, emerging technologies. Here, you will help lead our industry forward, enhance your technical expertise, and make your career. This role is essential for MRP Platform in support of Hedge Accounting (HA) Initiative. The person will be responsible for new enhancements, releases & maintenance activities; which will assist in filling the gap created by additional demand due to HA. The key responsibilities include: Use advanced requirements analysis and data analytics to create business process flows and algorithms that will be used in analytical or product development processes. Develop or refine computer applications that provide deeper analysis of prospective financial asset performance, asset pricing, new asset classes, or information needed to measure and hedge risk. Provide ongoing analysis of new financial asset classes and suggest program modifications as necessary. May test applications for accuracy and functionality before putting them into service. The impact you will make: The Senior Associate, Financial Engineer 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: Confer with product managers, business unit management and capital markets staff to determine analytical or product-related needs regarding product features, investment instruments, market activity, or complex transactions to be analyzed. Report in quantitative manner on data attributes and parameters of proposed purchase, sale, market transactions, or risk factors and the degree to which they could affect outcomes. Perform ad hoc analyses as needed and assist managers of specific product lines with analytical, valuation, or pricing projects. Redefine and implement the components of new risk indicators. Consult with the business owners, design and implement an interface to record key indicators, research industry best practices of analyzing and reporting key performance indicators. Design test cases and test applications for systems used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented. United IT