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Salary
≈ $146k – $284k per year (Estimated)
Location
In office (Washington, Reston)
Seniority
Staff · 4+ years exp
Employment
Full-Time

Confirmed on the employer's own hiring board on Nov 2, 2026. First seen by Alion on Oct 27, 2026.

Overview
Company
Impact
Profile match
Fannie Mae is a US government-sponsored enterprise headquartered in Washington, D.C., that supports the housing finance system by buying mortgages from lenders, guaranteeing them and packaging them into mortgage-backed securities. Established by Congress in 1938 as the Federal National Mortgage Association, it serves single-family and multifamily housing and also invests in affordable rental housing through Low-Income Housing Tax Credit equity, with large offices in Reston, Virginia and Plano, Texas. The company hires software, cloud and DevOps engineers, cybersecurity specialists, financial engineers, risk and asset managers, marketers and lawyers.

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

The Product Lead Associate for the Common Cashflow Application (CCFA) Modeling Platform will support with leading the product strategy, delivery, and lifecycle management of Fannie Mae’s largest and most critical modeling application. CCFA supports enterprise-wide functions including single-family credit loss allowance, pricing, and financial forecasting. This lead role will serve as a key point of accountability for all product management and support the broader CCFA team across various strategic and technical responsibilities. The Product Lead Associate will also act as a key liaison between modeling, technology, finance, and business stakeholders to ensure alignment of product vision with enterprise objectives.

THE IMPACT YOU WILL MAKE

The Product Manager Lead Associate (CCFA) 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:

  • Support and evolve the product vision, roadmap, and backlog for CCFA across all releases.
  • Evaluate and support leading prioritization of features and enhancements based on business value, regulatory needs, market analysis, and technical feasibility.
  • Assess and quantify business value for all major initiatives and enhancements, ensuring prioritization aligns with enterprise impact and ROI.
  • Drive convergence and transformation initiatives, including model transformation and model remediation.
  • Drive the completion of the forecast transformation initiative, and alignment with financial planning objectives.

Stakeholder Engagement

  • Serve as the primary interface with model owners, developers, testers, lead model user and other users from finance, risk, single family and audit teams.
  • Communicate product strategy across leadership levels and influence decisions without direct authority
  • Facilitate alignment across modeling, business, and technology teams to ensure delivery of high-impact capabilities.

Agile & Delivery Oversight

  • Ensure agile ceremonies, sprint planning, and backlog grooming are executed effectively.
  • Track delivery metrics and continuously improve product development processes.

Governance & Documentation

  • Ensure compliance with software development lifecycle, model management lifecycle, and audit requirements.
  • Oversee documentation process including creation of model documentation, user guides, vetting logs, and release notes.
  • Maintain Confluence and SharePoint repositories for product artifacts and stakeholder access.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

  • Bachelor’s degree or equivalent; Bachelor's degree in finance, economics, computer science, or related field preferred.
  • At least 4 years of experience in product management, preferably in financial or risk modeling or analytics, or similar experiences in consulting.
  • Strong writing, verbal communication, negotiation, and stakeholder management skills.
  • Proven experience supporting large-scale projects or technology applications.
  • Deep understanding of agile methodologies and product lifecycle management.
  • Proven strategic thinking & execution abilities.
  • Cross-functional execution experience.

Desired Experiences:

  • Master’s degree in a quantitative or business discipline.
  • Experience with credit risk, allowance, or financial forecasting models.
  • Risk & compliance awareness.
  • Technical acumen in modeling platforms.

Enterprise Modeling & Analytics - Product Management - Lead Associate

Qualifications

Education:

Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. 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.

Requisition compensation:

123000

to

161000
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