Capital Markets Pricing and Valuation - Lead 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 homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.Job DescriptionAs a valued colleague on the Capital Markets Pricing and Valuation team, you will assist with supporting the team valuing Fannie Mae’s Asset and Liability portfolios using financial industry knowledge, applying mathematical/fixed income models to business or financial data, and advanced tools or techniques (such as SQL, Python, and R). Your efforts will enable the team to provide market valuations to internal customers, implement business initiatives, analyze or report on business performance, solve business questions, or inform business decisions. Work may include developing models or prototypes to achieve these goals but is not the core focus in the role.The Capital Markets Pricing and Valuation - Lead Associate role will offer you the opportunity to make an impact, while working alongside people who care so that you can deliver on the following responsibilities:Create, design, and enhance cash flow models, pricing methodologies and valuation techniques to support Fannie Mae's fixed-income portfolios and new business initiativesDiscuss markets and fixed income concepts and trends with internal and external market participants, including Trade Desk, Risk Groups, and Third-party participantsExecute daily fair-value pricing for the Company’s loans, securities, debt, and derivative portfolio for use by the Trade Desks, Risk Management, and Financial ReportingResearch market activity and risk factors that could affect the pricing of the portfoliosUse fixed income analytics to develop and implement new pricing methodologies and strategies to ensure pricing is consistent with current market environment and reduce operational riskLead periodic market analysis involving the firm’s portfolio for various groups within the companyManage internal team projects and bring value to our external customersProvide market and analytical guidance and training to less experienced staff in unitAnalyze large amounts of data efficiently using advanced financial engineering tools and techniques. Determine customer's intended uses for a financial analysis or model.Conduct financial analysis or forecasting, which may include scenario or sensitivity analysis, stress testing, or attribution analysis.Execute models and/or interpret model results. Translate the results from the analysis or models for the customer into understandable conclusions.Work directly with model builders to vet new models, suggest changes to existing models, or analyze model performance data.THE EXPERIENCE YOU BRING TO THE TEAMMinimum Required Experience4+ years of fixed income market experience from a trading, portfolio management, securities valuation, or research backgroundBachelor's Degree in Economics, Finance, or STEM related areaShows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.Desired ExperienceMBA or Masters in Economics, Finance, or STEM related areaCFA, FRM, or CTP designation desirableStrong knowledge of MBS, CMOs, REMICS, derivative and rate marketsDeep understanding of fixed income analytics (DCFs, OAS, Duration/Convexity, spreads/discount margins, etc.), and valuationsMust be able to explain complex financial concepts with internal and external participantsStrong analytical skills; attention to detail Excellent written and oral communication skillsProficient with Bloomberg, Intex or other valuation tools a plusAdvanced Excel and modeling skills requiredExperience with SQL, Visual Basic , R or Python a plusNote: Some weekend and holiday work may be required to meet production deadlinesPricing - Financial Engineering - Lead AssociateTarget Pay Range: $123,000 - $161,000 a year#LI-Hybrid #LI-MEQualificationsEducation:Bachelor's Level Degree (Required)The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.The hiring range for this role is set forth below. 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.Requisition compensation:123000to161000SummaryLocation: Washington, DC; Reston, VA; Plano, TXType: Full time