Fannie Mae

Technology Risk - Risk Management - Principal

Fannie Mae$175K — $239K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent required.
  • 8 years of relevant professional experience in risk management.
  • Experience managing complex technology or enterprise risk.
  • Proven ability to influence cross-functional outcomes without direct authority.
  • Experience providing strategic risk advice for enterprise-level decisions.
  • Strong skills in communication and stakeholder management.
  • Curiosity and adaptability in learning new technologies like AI.

Responsibilities

  • Shape the strategic direction of Third Party Risk Management capabilities.
  • Influence enterprise risk strategy through evaluation of business needs.
  • Lead complex, cross-functional risk initiatives with diverse stakeholders.
  • Advise senior leadership on complex risk matters and provide recommendations.
  • Identify and mitigate material third-party risks affecting business operations.
  • Build alignment among organizations on Third Party Risk Management approaches.
  • Drive continuous improvement in governance, data, and risk management practices.

Benefits

  • Comprehensive health, life, and voluntary lifestyle benefits.
  • Support for physical, mental, emotional, and financial well-being.
  • Participation in an incentive program (subject to terms).
  • Opportunities for remote work may be available.
Full Job Description


Job Description

In this highly influential role, you will help shape the strategic direction of Third Party Risk Management (TPRM) capabilities, policies, governance, and operating practices. You will work across business, technology, cybersecurity, operational resilience, legal, procurement, and risk functions to address complex third-party and fourth-party risk matters and strengthen enterprise resilience.

This role requires more than deep risk expertise. You will anticipate emerging risks and stakeholder needs, advise senior leaders on complex risk decisions, influence enterprise-wide approaches, and lead high-impact initiatives without relying on direct authority. Your ability to connect business objectives, regulatory expectations, and enterprise risk considerations will help Fannie Mae make informed decisions and continue advancing the maturity and effectiveness of its Third Party Risk Management program.

The Way You Will Make a Difference
  • Shape the strategic direction of Third Party Risk Management capabilities, policies, governance, and operating models by anticipating emerging risks, industry trends, and evolving stakeholder needs.
  • Influence enterprise third-party risk strategy by evaluating business objectives, regulatory expectations, and risk considerations and recommending strategic tradeoffs, governance enhancements, and sustainable solutions.
  • Lead highly complex, cross-functional risk initiatives involving stakeholders across business, technology, cybersecurity, operational resilience, legal, procurement, and risk functions.
  • Serve as a strategic advisor to senior leadership by providing forward-looking perspectives and recommendations on complex third-party and fourth-party risk matters.
  • Exercise independent judgment to identify, assess, escalate, and support mitigation of material third-party risks that could affect business operations, regulatory compliance, security, reputation, financial success, or enterprise resilience.
  • Build alignment across organizations by navigating competing priorities, influencing stakeholders, and helping establish consistent approaches to Third Party Risk Management across the enterprise.
  • Drive continuous improvement in Third Party Risk Management governance, data, automation, analytics, processes, and risk management practices to strengthen program effectiveness and maturity.
  • Strengthen organizational risk capability by sharing expertise, mentoring peers, influencing best practices, and helping teams apply effective approaches to complex risk decisions.


Minimum Required Qualifications
  • Bachelor's Degree or Equivalent
  • 8 years of relevant professional experience
  • Demonstrated experience assessing and managing complex technology, third-party, or enterprise risk matters.
  • Experience providing strategic risk advice and recommendations that support significant business or enterprise decisions.
  • Demonstrated ability to lead complex, cross-functional initiatives and influence outcomes across multiple stakeholder groups without direct authority.
  • Experience evaluating risk and control considerations and developing well-supported recommendations for management.
  • Ability to exercise independent judgment when evaluating complex or potentially material risk matters.
  • Strong communication and stakeholder-management capabilities, including the ability to translate complex risk considerations into clear, actionable recommendations.
  • Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.


Desired Experience
  • Significant experience in Third Party Risk Management, third-party technology risk; or a closely related risk discipline
  • Experience operating within a highly regulated or similarly complex business environment.
  • Experience advising senior leaders on complex risk matters and influencing decisions across organizational boundaries.
  • Experience leading enterprise-level risk initiatives involving multiple business, technology, cybersecurity, procurement, legal, operational resilience, or risk stakeholders.
  • Experience improving risk management governance, processes, data, analytics, automation, or operating practices.
  • Experience mentoring colleagues, sharing subject-matter expertise, and influencing risk management best practices.


Qualifications
Active Directory (AD), Active Directory (AD), Amazon Web Services (AWS), Artificial Intelligence (AI), Atlassian JIRA, Authentication Management, Backup and Recovery (Software), Business Insight Skills, Business Process Management Skills, Calendar and Scheduling Tools, Cleaning and Transforming Data, Cloud Technology, Collaborating Cross-Functionally, Communicating in Technical Writing, Communicating Technical Information, Communication, Configuration Management (CM), Conflict Resolution, Coordination, Customer and Market Insights, Customer Relationship Management (CRM), CyberArk, Cybersecurity Analysis, Data Analysis, Data Analysis Interpretation {+ 60 more}

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:
175000
to
239000

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

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