| 1.28.10 / job2207 / Fannie Mae / Counterparty Risk Analyst II Washington, DC Please apply here THE COMPANY Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration's Homeowner Affordability and Stability Plan. Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation's housing recovery. For more information about Fannie Mae and our career opportunities, visit: www.fanniemae.com JOB INFORMATION This position will be part of a dynamic and fast paced Counterparty Risk Management group. The group is one of the core groups responsible for managing enterprise-wide counterparty credit risks across Fannie Mae's various business units. In this role, the Counterparty Risk Analyst II will provide support to the team in analyzing pertinent financial and macro economic information necessary to evaluate the credit worthiness of national and foreign counterparties, as well as to follow an assigned portfolio of counterparties. The individual will practice and develop his/her analytical skills and build on acquired financial institution credit analysis expertise. He/she will monitor trends in specific portfolios to ensure that risk grading of counterparties and limits are appropriate and prepare credit reviews on US commercial banks as well as foreign banking institutions In addition, he/she will participate in credit meetings with internal and external clients and perform various ad hoc assignments. In particular, the Counterparty Risk Analyst II will: • Apply and develop industry credit analysis expertise on US and foreign & financial institutions, as well as occasionally analyze other corporate counterparties. • Analyze financial statements and prepare concise credit analysis detailing all key risks related to the business, industry and/ or transaction and determine credit worthiness of counterparties. • Monitor a portfolio of counterparty accounts. Assist in the preparation of periodic portfolio reviews for risk committees highlighting key industry drivers and how they impact individual Fannie Mae counterparties. • Evaluate current and potential credit exposure for counterparties and recommend risk grades and limits. • Participate in transaction approvals. • Identify and assess key risk factors and mitigants. • Prepare, review, and recommend terms and conditions on deals and new clients. • Apply and evaluate credit management models developed by analytics group. May participate in developing new procedures, new analytical methods, or enhancements of proprietary systems used to analyze counterparty credit risk. • Conduct due diligence on potential new relationships or business with counterparties and develop recommendations memo to appropriate business unit Credit Committee(s). QUALIFICATIONS / SPECIALIZED KNOWLEDGE & SKILLS • Bachelor's Degree required, Masters Degree or CFA preferred. • A minimum 5-7 years experience in analyzing financial institutions with emphasis on mortgage-related business and the commercial bank sectors. • Demonstrated ability to research, write and present complex financial materials in a concise and coherent manner. • Prior experience in counterparty risk management preferred. • Ability to work effectively in a fast-paced, team oriented environment. • Can take initiative and produce high quality work independently. • Must have comprehensive knowledge of Capital Markets (Fixed Income) products, and/or mortgage products. • Strong written and oral communication skills. • Good interpersonal and influencing skills. • Good financial modeling skills and writing skills. Proficient in Microsoft office. EMPLOYMENT As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business. Fannie Mae is an Equal Opportunity Employer. |
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