Risk Advisor

Fannie Mae

Policy Advisor contributing to Fannie Mae’s policy framework that supports housing finance. Advising on regulatory compliance and risk management in Single-Family Risk team.

Posted 4/23/2026full-timeWashington • Texas, Washington • 🇺🇸 United StatesMid-LevelSenior💰 $141,000 - $184,000 per yearWebsite

About the role

Key responsibilities & impact

Advise team members and business partners on the development, maintenance, and implementation of risk and policy frameworks aligned with Fannie Mae’s strategic priorities.
Ensure Single-Family policies reflect appropriate risk tolerance and comply with applicable regulatory guidance, supervisory expectations, and internal governance standards.
Provide guidance on internal policies, business standards, and regulatory interpretation to support sound risk and compliance decisions.
Support policy change initiatives by assessing impacts, documenting requirements, and advising on implementation approaches.
Develop and maintain policies that effectively balance risk management with business innovation, enabling responsible growth while ensuring regulatory compliance.
Collaborate with Legal, Compliance, Single-Family business teams, and enterprise risk partners to ensure policies are consistent, well-governed, and effectively communicated.
Partner with Digital Product teams to ensure policy requirements are accurately reflected in technology solutions.
Monitor regulatory developments, industry trends, and emerging risks and assess implications for existing policies.
Support audits, examinations, and issue remediation efforts by preparing analysis, documentation, and responses as needed.
Contribute to continuous improvement efforts to enhance policy clarity, usability, and governance effectiveness.

Requirements

What you’ll need

Bachelor’s degree or equivalent experience.
6 years of experience in risk management, policy development, compliance, or regulatory-focused roles within financial services, consulting, or a related industry.
Strong understanding of risk frameworks, regulatory guidance, and governance principles.
Ability to interpret complex regulations and translate them into clear, actionable policy guidance.
Proven ability to collaborate across functions and influence stakeholders.
Comprehensive understanding of the end-to-end mortgage loan lifecycle and secondary market dynamics.
Experience drafting, maintaining, interpreting, or communicating mortgage or financial services policies within a regulated environment.
Familiarity with financial services regulators such as the FHFA.
Experience with policy development, policy implementation, change management, or control frameworks.
Experience supporting internal audits, regulatory exams, or issue management activities.
Familiarity with Fannie Mae’s digital products including DU Validation Services and Income Calculator.

Benefits

Comp & perks

Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

risk managementpolicy developmentcomplianceregulatory guidancepolicy implementationchange managementcontrol frameworksauditingregulatory interpretationmortgage loan lifecycle

Soft Skills

collaborationinfluencecommunicationanalysisdocumentationproblem-solvingcontinuous improvementstakeholder engagementadvisory skillsorganizational skills