|
Pricing Analyst II
From:
Company: Fannie Mae (see all of this employer's jobs)
Phone: 2027525501
Fax: 2027525665
 Apply by eMail:do_not_reply@invalidemail.com
|
Job Reference ID:
5189778
Category:
Facilities
Duration:
Fulltime, Permanent
City, ST:
Washington, District of Columbia
Country:
United States |
|
Description:
THE COMPANY
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration's Homeowner Affordability and Stability Plan.
Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation's housing recovery.
For more information about Fannie Mae and our career opportunities, please visit www.fanniemae.com
JOB INFORMATION
Fannie Mae issues various types of debt securities (Bullet, Callable, Floating, etc.) to fund its operations. As a member of the Capital Markets Pricing team, the Pricing Analyst will have the responsibility of assigning fair value to Fannie Mae debentures each month in support of financial reporting. Prior pricing experience is not required, but the candidate must be able to demonstrate strong knowledge of the different types of debt securities and the factors that influence the value of those instruments. KEY JOB FUNCTIONS
Execute monthly mark-to-market fair-value-pricing for all Fannie Mae debentures in support of financial reporting and ensure that pricing deliverables meet financial reporting deadlines.
Use applicable pricing software and systems to specify market data and derive current market prices for a variety of Fannie Mae debentures.
Develop and implement new processes and controls to increase accuracy and reduce operational risk; follow established processes and controls.
Create and maintain detailed procedure and methodology documentation to ensure compliance with division, regulator, and audit (internal and external) requirements.
Work with trading desks, middle office staff, third party vendors and other business units regarding debentures that must be priced.
Participate in other projects including, but not limited to improvement and development of pricing system methodologies.
Track values for comparable securities in daily market activity, working with commercial research organizations and applying various financial data and tools.
Apply FASB, SEC, SOX and other federal or market-mandated rules for valuing assets.
Weekend and holiday work is required to meet production deadlines
Apply by eMail:do_not_reply@invalidemail.com
Job Created:
Sat Nov 07 2009 07:32:20 AM
Last Modified: Fri Nov 20 2009 07:51:52 AM
|
