Fannie Mae

Position Title/Short Description

Full Text of JOE Listing:

Fannie Mae is the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae supports today's economic recovery and helps build a sustainable housing finance system. We exist to provide reliable, large-scale access to affordable mortgage credit in all US communities at all times so people can buy, refinance or rent homes.

We work to establish and implement industry standards‚ develop better tools to price and manage credit risk‚ build new infrastructure to ensure a liquid and efficient market‚ and facilitate the collection and reporting of data for accurate financial reporting and improved risk management.

Position Purpose
Apply statistical methods and economic intuition to answer questions relating to the valuation of collateral, the expectation of default, etc… as well as improve the efficiency of existing business processes. The Innovation Lab often employs new technology and/or non-traditional data sources in order to solve problems more effectively and efficiently. The candidate would be expected to collaborate on product development with individuals of varied skill sets; from finance subject-matter experts to web developers and database engineers. The ideal candidate features strong analytical and communication skills, with formal coding experience (SAS, R, Java, SQL) a significant bonus.