VP, Enterprise Model Operations

Company Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

Job Description

The Head of Enterprise Modeling Operations is responsible for the implementation and maintenance of Enterprise Models software applications in line with software engineering best practices and model risk management policies. The role will work with many types of models (statistical, econometric, machine learning) and create the appropriate development and implementation standards for each. He/She will serve as a center of excellence for groups outside of Enterprise Models that need assistance bringing their models to production. This role is responsible for supporting the development of modeling products by leading the modeling product management Center of Excellence, project management capabilities and modeling implementation activities.

This individual will work with her/his group of quantitative engineers and the Information Technology team to design and maintain the appropriate infrastructure for deployment of models and ensure access to research and production data sets as well as play a lead role in setting the model implementation strategy for the firm. This leader will be critical in the development of the future state modeling architecture and processes as part of Fannie Mae’s model transformation efforts.   

THE IMPACT YOU WILL MAKE
The VP, Enterprise Model Operations role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• Build and maintain enterprise-wide modeling applications to solve business problems; Support and enhance existing models to ensure optimal performance and resiliency 
• Works in partnership with Enterprise Modeling leadership to develop the roadmaps and the implementation plans for existing models and models in development 
• Ensures model governance and risk management practices are a well-managed foundation and priority to enable reliable models for business use. 
• Promote development and implementation of the modeling lifecycle to ensure that new models and enhancements to existing models are managed in compliance with our policy and regulatory guidelines
• Promote the development and implementation of the modeling lifecycle to ensure that new modeling applications and enhancements to existing modeling applications are managed in compliance with our policy and regulatory guidelines
• Keenly focused on operational excellence and compliance with software development best practices.  Is a leading voice, in partnership with modeling community, IT and risk to develop the future state modeling environments and processes
  Lead the model product management center of excellence to ensure all modeling applications are meeting business users’ needs
• Partner with Information Technology organization to develop and maintain the infrastructure and environments necessary for efficient deployments of many model types (e.g., statistical, econometric, AI/ML)
• Recruit, retain, and grow required talent with a balance between technology, product, data and commercial-minded business expertise 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

• 10 or more years of experience with modeling application development and deployment 
• Master’s or PHD in field of physics, mathematics, statistics, engineering 
• Experience managing large, complex financial applications
• Significant experience in software application development; cloud engineering  
• Experience with machine learning operations (MLOps) 
• Executive management and leadership skills to mobilize and empower teams to achieve, and build and execute on any and all modeling functions        
• Track record of execution focus, strong prioritization, and planning capabilities        
• Proven ability to assimilate quickly into new environments by absorbing information that creates a deep understanding of process, strategic goals, and objectives        
• Relationship management skills to collaborate and partner with lead decision makers        
• Outstanding ability to drive and implement change initiatives and execute organizational change management at the executive level        
• Strong track record of leading, coaching, developing and motivating multi-discipline and multi-cultural teams        
• A calm demeanor and temperament to provide a stabilizing influence for the management team
• Ability to appreciate Fannie Mae’s history and critical role in the housing market, while serving the best interests of the American government and taxpayers.
• Ability to deal with ambiguity and change.
• Collaborative, authentic, relationship oriented; adaptive, empowering, and respectful.
• Exceptionally high ethical standards.
• Unwavering leadership and gravitas.
• Desire and willingness to make progress on key issues as a quiet influencer when required and take personal satisfaction from the outcome not public acclaim

Additional Information

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].
 

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. 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.