Hybrid Senior Credit Risk Manager

at Fannie Mae

• Job title: Senior Credit Risk Manager
• Job type: Full Time
• Experience level: Senior
• Salary: $96,000 - $124,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Plano, United States

About the role

• Credit Risk Manager supporting lenders in risk mitigation and performance analysis. Partnering with internal stakeholders to enhance lender engagement and operational effectiveness.

Responsibilities

• Advise, collect, review, monitor, and analyze business data to solve problems and make recommendations to improve lender’s business performance.
• Identify opportunities to manage risk mitigation through data and technology.
• Partner with lenders and internal stakeholders to manage credit, counterparty, and operational risk.
• Support discussion on credit risk with lenders and manage communications on selling guide updates, regulatory guidance and other credit risk changes.
• Monitor and support lender engagement on variances, single loan waivers, profiles, performance, production quality/defects and escalation triggers using risk reports for emerging trends.
• Engage lenders on Opportunities to manage risk and support Fannie Mae Mission, products and initiatives.
• Share best practices and insights through profile and performance lender discussions.
• Act as Fannie Mae’s first line of defense by monitoring loan quality measures, counterparty eligibility and compliance.

Requirements

• 2+ years of experience in Credit Risk Management and/or Counterparty Risk Management.
• Solid understanding of the mortgage industry and core mortgage origination processes.
• Ability to build and maintain effective internal and external working relationships.
• Strong written and verbal communication skills, with the ability to collaborate across teams and support problem‑solving efforts.
• Ability to analyze and interpret mortgage origination data and performance trends, and clearly communicate findings to stakeholders.
• Skilled in evaluating risks within the mortgage origination process and underwriting.
• Solid ability to interpret Selling Guide policies and explain requirements to partners in clear, practical, and accessible terms.
• Solid ability to identify opportunities for workflow process efficiencies and assist in implementing improvements that enhance accuracy and operational effectiveness.
• Strong ability to manage a large number of small accounts, ensuring consistent oversight, timely follow‑up, and strong organizational discipline.
• Bachelor's degree or equivalent.

Benefits

• Health, Life, Voluntary Lifestyle, and other benefits and perks