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Job Description
The Vice President of Technology and Operations Risk Management is a strategic and experienced leader who will develop a multi-year strategy to ensure effective management of Operational, Technology, Data, Resiliency, and Cyber Security risks across the Chief Operation Office (COO) organization. Reporting to the Chief Control Officer, the VP prioritizes risk issues across COO, encompassing the Chief Information Office and Enterprise Operations), in alignment with strategy, and drive partnership and collaboration with leaders across Fannie Mae to identify emerging risks, improve risk and control management frameworks, and drive enhanced efficiencies through automation. This role will also oversee the development of programs, processes, and tools that raise awareness of relevant risk management issues and enable senior leaders within the Chief Information Office (CIO) to translate risk management into everyday actions.
Key Responsibilities:
- Develop programs, processes, and tools that create a risk management focused culture within COO and enable senior leaders in COO to translate risk management into everyday actions
- Drive the linkage between Technology Risk Assessment and Risk and Control Self-Assessment (RCSA) within Operational Risk Framework
- Assist first-line Operational Risk Officers with establishing and sustaining required control frameworks (inclusive of control evaluation and measurement activities) and determining the appropriate technology risk events
- Provide collaborative assessment of inherent risk, mitigating controls, and residual risk and recommend adjustments as required to meet policy, regulatory requirements, audit (internal and external), and industry best practices
- Work directly with the appropriate functional groups across first and second-line to identify areas with potentially elevated risk concentrations and perform deep dive investigations into the corresponding inherent risks and mitigating controls; approve remediation plans, as applicable
- Drive a number of first-line governance, committees, and working groups, including the COO risk committee
- Lead the transformation of risk practices and processes, including with the use of Gen AI
- Provide input on emerging operational risks, issues, concerns and key business decisions taken to execute the Company's strategies related to COO responsibilities
- Develop, report on, and drive improvement of risk metrics for COO organization based on the multi-year implementation roadmap; support COO risk reporting needs to internal and external stakeholders Identify opportunities for improvement in overall first-line risk management
Candidate Qualifications:
- 10+ years of leadership experience in risk management, technology risk, operational risk, or related disciplines.
- 5+ years of progressive human capital leadership.
- Demonstrated ability to develop and execute multi-year risk strategies aligned with organizational goals.
- Strong background in technology risk strategies and business casing on technology risk.
- Deep understanding of integrated risk management frameworks, including Operational Risk, Technology Risk, Cybersecurity Risk, Data Risk, and Business Resiliency.
- Proven experience with Risk and Control Self-Assessments (RCSA), risk metrics development, and regulatory compliance requirements.
- Familiarity with risk assessment methodologies, control evaluation, and risk mitigation strategies.
- Experience leading cross-functional teams and driving cultural change toward risk-aware decision-making.
- Excellent verbal and written communication skills, with the ability to present complex risk concepts to senior executives and stakeholders.
- Experience leveraging automation and technology to enhance risk management processes and reporting.
- Ability to build strong relationships with senior stakeholders and influence at executive levels.
- Proven experience in organizational design and leading through change in effort to meet strategic objectives.
- Strong Influencing and diplomacy skills including negotiating, persuading others, facilitating meetings, and resolving conflict.
Qualifications
Education:
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Fannie Mae is 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, while 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 careers_mailbox@fanniemae.com
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