Senior Financial Engineer (Flexible Hybrid)

Company:  Fannie Mae
Location: Washington
Closing Date: 03/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
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
As a valued colleague on our team, you will, under limited supervision, develop and implement all components of financial and macro-economic models including home price forecast (a key driver of financial forecast), cash flow simulations, P&L, and risk metrics calculations in end-user or production computing systems for use in business decisions, financial and regulatory reporting, and risk management.
THE IMPACT YOU WILL MAKE
The Senior Financial Engineer (Flexible Hybrid) 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:
  • Analyze Financial Model with business stakeholders collaboratively to ensure reasonable and accurate outcome
  • Translate moderately complex mathematical, business, and financial modeling logic into software code, as well as design and execute modeling application systems via distributed computing both on premise and on external cloud to achieve efficiency, scalability, and modularity.
  • Design process and framework capabilities to automate business processes.
  • Design and execute test cases for modeling and analytical software applications to ensure they meet business needs and model requirements.
  • Apply experience and skill to assess model implementation quality and production control risk.
  • Evaluate system requirements for model and analytical applications, such as computing power, storage, network, and security. Recommend technology platforms and architecture designs for model applications to ensure robust and scalable execution.
  • Research and evaluate emerging technologies and industry best practices of model and analytical system implementation
Qualifications
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences
  • 2 years experience with designing and implementing effective software solutions to automate business process and produce proper forecast results
  • Advanced proficiency in Object Oriented Languages (i.e. Python & Java) with proper application of Object Oriented Design principles
  • Design and execute unit test cases and contribute to overall risk based testing of the production
  • Experience with data analysis using Python, SQL, etc
  • AWS Services experience
  • Contributes to Agile Process and ceremonies from planning, daily huddles, grooming, retrospectives, demo, and familiarity with Scaled Agile Framework (Product Increment Planning)
Desired Experiences
  • Bachelor degree in Computer Science, Financial Engineering, Quantitative Analytics, Finance, Economics or equivalent experience
  • AWS Services Experiences with Lambda, Step Functions, EC2, ECS, Batch, Route 53, SNS, SQS, S3, Redshift, GLUE, DynamoDB, Aurora, APIGEE, Swagger UI, etc.
  • Document key deliverables such as design, implementation plan, test cases, etc
  • Active participation in production support to help business establish process and procedures as well as troubleshooting issues
  • Experience with financial forecasting

Additional Information
The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.
Fannie Mae is primarily a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.
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
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.
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