Fannie Mae

Capital Markets Pricing and Valuation - Lead Associate

Fannie Mae$123K — $161K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of fixed income market experience in trading, portfolio management, valuation, or research.
  • Bachelor's Degree in Economics, Finance, or STEM.
  • Curiosity and adaptability in learning new technologies, including AI.
  • Desirable MBA or Masters in Economics, Finance, or STEM area.
  • Certifications like CFA, FRM, or CTP are a plus.

Responsibilities

  • Create and enhance cash flow models and pricing methodologies.
  • Engage with market participants to discuss trends and concepts.
  • Execute daily fair-value pricing for loans and securities.
  • Research market factors affecting portfolio pricing.
  • Develop new pricing methodologies to align with market conditions.
  • Lead market analysis for various internal groups.
  • Provide analytical guidance and training to less experienced staff.

Benefits

  • Comprehensive health and life insurance plans.
  • Voluntary lifestyle benefits for enhanced well-being.
  • Incentive program participation based on performance.
  • Flexible work arrangement options including hybrid schedules.
Full 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 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 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 Company's 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
  • Use fixed income analytics to develop and implement new pricing methodologies and strategies to ensure pricing is consistent with current market environment and reduce operational risk
  • Lead periodic market analysis involving the firm's portfolio for various groups within the company
  • Manage internal team projects and bring value to our external customers
  • Provide market and analytical guidance and training to less experienced staff in unit
  • Analyze 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 TEAM

Minimum Required Experience
  • 4+ years of fixed income market experience from a trading, portfolio management, securities valuation, or research background
  • Bachelor's Degree in Economics, Finance, or STEM related area
  • Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.


Desired Experience
  • MBA or Masters in Economics, Finance, or STEM related area
  • CFA, FRM, or CTP designation desirable
  • Strong knowledge of MBS, CMOs, REMICS, derivative and rate markets
  • Deep understanding of fixed income analytics (DCFs, OAS, Duration/Convexity, spreads/discount margins, etc.), and valuations
  • Must be able to explain complex financial concepts with internal and external participants
  • Strong analytical skills; attention to detail
  • Excellent written and oral communication skills
  • Proficient with Bloomberg, Intex or other valuation tools a plus
  • Advanced Excel and modeling skills required
  • Experience with SQL, Visual Basic , R or Python a plus


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

Pricing - Financial Engineering - Lead Associate

Target Pay Range: $123,000 - $161,000 a year

#LI-Hybrid #LI-ME

Qualifications

Education:
Bachelor's Level Degree (Required)

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.

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:
123000
to
161000

About Fannie Mae

As the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's economic recovery and helping to build a sustainable housing finance system. They exist to provide reliable, large-scale access to affordable mortgage credit in all communities across the country at all times so people can buy, refinance, or rent homes. Fannie Mae is working 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. Fannie Mae is committed to being their customers’ most valued business partner and delivering the products, services and tools their customers need to serve the entire market confidently, efficiently and profitably. Ultimately‚ Fannie Mae measures their progress not only by paying taxpayers and improving the housing finance system‚ but also by the difference they make in people’s lives.

Fannie Mae Careers

Join the vibrant team at Fannie Mae, where we are committed to solving the challenges of today's housing market while fostering inclusive growth and innovation. As a cornerstone of the American mortgage system, Fannie Mae offers unparalleled job opportunities that empower you to influence the future of housing finance. Work You’ll Do At Fannie Mae, you will collaborate with some of the brightest minds in the finance and technology sectors. Our mission is to ensure access to affordable housing for people across the United States, and your work here will contribute to that goal. With roles ranging from financial analysis to technology development, your career at Fannie Mae will be marked by growth, leadership, and the pursuit of excellence. Innovate and Lead Fannie Mae stands at the intersection of financial services and innovative technology solutions, making it an ideal place for those who are driven to explore new ideas and push boundaries. Our culture thrives on innovation and leadership, encouraging every team member to bring forward ideas that drive efficiency and effectiveness. Professional Growth and Development Career advancement at Fannie Mae is not just a possibility—it is an expectation. We are dedicated to the professional growth of our employees through robust training programs, leadership workshops, and continuous learning opportunities. Whether you are looking to sharpen your analytical skills, enhance your leadership capabilities, or dive deep into the housing market dynamics, Fannie Mae provides the resources to achieve your professional goals. Diversity and Inclusion At Fannie Mae, we believe that diversity fuels innovation. We are committed to fostering an inclusive environment where diverse voices are heard and valued. Through diversity training and a culture that celebrates unique perspectives, we ensure that all team members can contribute to their fullest potential. Join Our Team Explore the array of job opportunities at Fannie Mae, from internships for budding professionals to full-time positions for seasoned experts. We are hiring individuals who are passionate, curious, and eager to make a difference. Our team is looking for candidates who not only have the necessary skills but also embody our values of integrity, impartiality, and respect. Benefits and Perks Working at Fannie Mae comes with a comprehensive benefits package designed to support the health, well-being, and financial security of our employees and their families. From competitive health benefits and retirement plans to flexible working arrangements and wellness programs, we prioritize the well-being of our team members. Stay Connected Networking and staying connected are key components of building a successful career at Fannie Mae. Engage with us through various professional networking events, online communities, and social platforms to stay updated on new positions, company news, and industry trends. Apply Now Ready to take the next step in your career? Review our open positions, tailor your resume, and prepare for an interview that could set you on a path to a rewarding career at Fannie Mae. We are excited to see how your vision, skills, and enthusiasm can contribute to our team and the broader mission of affordable housing. Explore Fannie Mae Jobs Discover the exciting and impactful career paths available at Fannie Mae. Each position offers the opportunity to challenge yourself, contribute to a significant cause, and work within a culture that values innovation, leadership, and community impact. Join us in shaping the future of housing finance—apply today and be part of a team that is dedicated to making a difference.
Learn more about Fannie Mae
Size
7,400 employees
Industry
Founded
1938
NASDAQ

Similar Jobs

More Jobs at Fannie Mae

More Finance & Insurance Jobs

Find similar Capital Markets Pricing and Valuation - Lead Associate jobs: