VP, SF Collateral Policy & Valuations - Fannie Mae

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.

The Collateral Policy & Valuations – VP will set collateral and condominium policy for Single-Family (“SF”), lead Single-Family’s collateral valuation activities, execute the multi-year Valuation Modernization plan, and communicate new and emerging risk associated with appraisal or valuation risk. This role will collaborate with stakeholders to prioritize the aforementioned activities and will report to the SVP of SF Collateral Risk.

THE IMPACT YOU WILL MAKE

The Collateral Policy & Valuations – VP 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:

• Sets the strategic direction for collateral risk management and policy; oversees the team responsible for policy and industry engagement for collateral risk, valuation modernization, condo projects and standards, appraiser engagement, and valuations for key liquidation activities
• Partners with the Credit Risk Management teams, the Business Account Management Solutions (“BAMS”) teams, the Environmental, Social and Governance (“ESG”) team, and Capital Markets to prioritize and execute collateral and condo policy activities to support the Equitable Housing Finance Plan (“EHFP”), Duty to Serve (“DTS”), and other collateral-related FHFA directives and scorecards
• Serves as the business owner for Collateral Underwriter
• Manages key appraiser oversight activities such as notification letters, the state referral and tipping process, training, text-scanning, and the Appraiser Diversity Initiative
• Partners with the Enterprise Data team to manage the Uniform Appraisal Data and Uniform Property Data standards and support processes
• Maintains strong relationships with lenders, appraisers, appraisal management companies, mortgage insurance companies, and servicers to understand emerging risks and opportunities to inform policy and modernization priorities

THE EXPERIENCE YOU BRING TO THE TEAM

• 15+ years of relevant risk management experience, ideally 5+ in a leadership capacity
• Experience working in the mortgage space or adjacent financial services industry space, ideally at a large, complex, and highly regulated financial institution
• Experience in control design, execution, and monitoring
• A background in managing sizable teams; understands how to successfully attract, develop, and retain talent
• Proven track record being a successful Relationship Manager; someone who can foster strong connections to the Single-Family teams as well as manage and engage stakeholders, customers, and vendors
• Strong executive influencing including negotiating, persuading others, facilitating meetings, and resolving conflict
• Adept at managing project plans, resources, and people to ensure successful project completion
• Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring

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 careers_mailbox@fanniemae.com.

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.