Pricing Financial Engineering 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 Description

Job Description

As a valued colleague on the Capital Markets Pricing and Valuation team you will assist with supporting the team valuing Fannie Maes Asset and Liability portfolios using financial industry knowledge and applying mathematical/fixed income models to business or financial data. 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 IMPACT YOU WILL MAKE
The Capital Markets Pricing and Valuation - 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:

• Work as part of a team to create cash flow models pricing methodologies and valuation techniques to support Fannie Maes fixed-income portfolios and new business initiatives

• Discuss markets and fixed income concepts and trends with internal and external market participants including Trade Desk Risk Groups and Third-party participants

• Execute daily fair-value pricing for the Companys loans securities debt and derivative portfolio for use by the Trade Desks Risk Management and Financial Reporting

• Research market activity and risk factors that could affect the pricing of the portfolios

• Execute pricing methodologies and strategies to ensure pricing is consistent with current market environment and reduce operational risk

• Document and report on processing or analyzing large amounts of data efficiently using advanced financial engineering tools and techniques.

• Contribute to financial analysis or forecasting which may include scenario or sensitivity analysis stress testing or attribution analysis.

• Participate in executing models and/or interpreting model results. Assist with translating the results from the analysis or models for the customer into understandable conclusions.

• Assist model builders to vet new models suggest changes to existing models or analyze model performance data.

• Perform data and systems analysis validation and regression testing.

THE EXPERIENCE YOU BRING TO THE TEAM

Desired Experiences

• 1-2 year of relevant experience

• Bachelors degree or equivalent

• Fixed income market experience from a trading portfolio management securities valuation or research background

• Strong interest to pursue CFA CPA FRM or CTP designation

• Basic knowledge and understanding of MBS and financial markets

• Understanding of fixed income analytics (DCFs OAS Duration/Convexity spreads/Discount Margins etc.)

• Comfortable discussing financial concepts with internal and external participants

• Strong analytical skills and attention to detail

• Excellent written and oral communication skills

• Advanced Excel skills

• Experience with Bloomberg Intex and other valuation tools a plus

• Experience with SQL a plus

• Ability to work independently to develop market research and analytics

• Shows curiosity and adaptability in learning and responsibly applying new technologies including artificial intelligence to reimagine how we work

Note: Some weekend and holiday work may be required to meet production deadlines

Pricing - Financial Engineering - Associate

Target Pay Range: $85000 - $110000 a year

#LI-Hybrid #LI-ME

Qualifications

Education:

The future is what you make it to be. Discover compelling opportunities at most roles employees are expected to work onsite on a regular basis at their designated office -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 employees physical mental emotional and financial well-being. See more here.

Requisition compensation:

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Required Experience:

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