Economist II

Fannie Mae
Washington, DC - United States
S: Competitive

Description

THE COMPANY

Fannie Mae provides reliable, large-scale access to affordable mortgage credit in communities across our nation. We are the leading source of funding for housing in America, which means more people can buy or rent a home. We are focused on sustaining the housing recovery, improving our company, and leading change to make housing better.

Join our diverse, high-performing team and make a difference as we work together to enable access to a good home.

For more information about Fannie Mae, visit www.fanniemae.com/progress.

JOB INFORMATION

Conduct analyses or studies on effects of different economic conditions on the company's products, assets, or investments. Identify and evaluate economic trends and their prospective effect on the markets in which the company's goods or service trade. Collaborate on product development, risk management, financial management and capital market projects and exercises with economic analysis and projections. May represent the company in trade associations, professional groups, or to the public.

KEY JOB FUNCTIONS
Conduct economic research on public, proprietary, or lender data to assess trends or patterns in lending, borrowing, and the models used by the company to assess risk or assign risk management policies.
Provide macroeconomic data and interpretation on home prices, home inventories, regional trends and the like, both within organization and to lenders, originators, insurers, and the like.
Perform research and analytics on proprietary system(s) and related issues, including evaluating and implementing new products, model review and updates, and data quality issues.
Review technical requirements written by application development team and insure that they accurately implement credit finance models or model changes.
Using public and proprietary data, assess risks in particular regions, asset classes, types of lenders or borrowers, and the like. Prepare analyses and reports as appropriate.

Qualifications

EDUCATION
Bachelor's Degree or equivalent required
MINIMUM EXPERIENCE
4+ years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
Experience of independently conducting research project with limited instruction
Strong statistical modeling skill with experience of working with large scale data
Good communication skill and able to clearly explain the modeling and analytical results to non-technical audience
Proficient in statistical software is preferred, such as SAS
Knowledge in mortgage in industry preferred

Job summary