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Head of Quantitative Products and Project Management (Flexible Hybrid)

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

In this compelling leadership position, you will be accountable for building, developing, or designing functionality for a product, as well as manage and ensure completion of the implementation and ongoing enhancement or maintenance of existing products. 
  
THE IMPACT YOU WILL MAKE 
As a member of the Enterprise Modeling Operations team, the Head of Quantitative Products and Project Management will be responsible for overseeing all core modeling applications.  You will work closely with model owners, business users, technology teams and other stakeholders to document, design and deploy modeling capabilities to the enterprise. This 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:  

  • Oversee and provide guidance on the design strategy for new products. 
  • Oversee and drive the implementation process for new products. 
  • Direct product improvement efforts. 
  • Provide strategic guidance on product lifecycle maintenance. 
  • Define product strategy that is in alignment with business objectives. 
  • Drive a product management mindset through informal and formal trainings and enhancing product lifecycle discipline. 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM 

Minimum Required Experiences: 

  • Bachelor’s degree or equivalent. 
  • At least 8 years of relevant product leadership experience. 
  • Experience in the full lifecycle of product management/development including designing products, developing product roadmaps, translating design requirements, prototyping, demand management, etc. 
  • Deep leadership experience including leading teams, giving feedback, facilitating meetings, and coaching and mentoring. 
  • Highly organized, self-motivated, and effective communicator.   

Desired Experiences: 

  • Master's degree in the field of finance, economics, computer science or business administration. 
  • 10 or more years of Product Management experience, preferably with large, complex modeling applications. 
  • Experience supporting core financial modeling applications such as interest rate, prepayment and valuation models. 
  • Product Management experience including managing demand, releases, and backlog. 
  • Product Development experience including designing products, developing product roadmaps, translating design requirements, prototyping, etc. 
  • Influencing experience including negotiating, persuading others, facilitating meetings, and resolving conflict. 
  • Working with people with different functional expertise respectfully and cooperatively to work toward a common goal. 
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand. 
  • Experience helping an organization to plan and manage change in effort to meet strategic objectives. 
  • Ability to frame ideas as systems and analyzing the inputs, outputs, and process. 
  • Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data. 
  • Relationship management experience including managing and engaging stakeholders, customers, and vendors, building relationship networks, contracting, etc. 

  

Tools: 

  • Advanced skills with Microsoft Project, PowerPoint, JIRA, SharePoint and Confluence. 
  • Skilled in Tableau. 
  • Skilled in Excel. 
  • Skilled in Amazon Web Services (AWS) offerings, development, and networking platforms. 
  •   

  

Additional Information

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

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, 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 [email protected]

 

 

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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Average salary estimate

$125000 / YEARLY (est.)
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$100000K
$150000K

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What You Should Know About Head of Quantitative Products and Project Management (Flexible Hybrid), Fannie Mae

Fannie Mae is seeking an outstanding Head of Quantitative Products and Project Management to join our Enterprise Modeling Operations team in Washington, DC. In this leadership role, you will be pivotal in conceptualizing, designing, and implementing quantitative products that enhance our core modeling applications. With at least 8 years of relevant product management experience, you will oversee new product design strategies and drive the implementation process while also optimizing existing product functionalities. Your expertise will be crucial in aligning product strategy with business objectives, defining product lifecycles, and guiding our teams through formal and informal training. You'll collaborate closely with model owners, business users, and technology teams to document and deploy essential modeling capabilities, ensuring that accessibility and fairness in housing finance remain at the forefront of what we do. This flexible, hybrid position allows you to shape your workday while working with a passionate team committed to making homeownership a reality for millions. If you're organized, self-motivated, and love tackling complex challenges, this is the role for you. Join us at Fannie Mae and make an impactful difference in the housing industry.

Frequently Asked Questions (FAQs) for Head of Quantitative Products and Project Management (Flexible Hybrid) Role at Fannie Mae
What are the responsibilities of the Head of Quantitative Products and Project Management at Fannie Mae?

As the Head of Quantitative Products and Project Management at Fannie Mae, you will oversee the design strategy and implementation process for new products, ensure product improvements, and provide strategic guidance throughout the product lifecycle. Your role includes collaborating with stakeholders to deploy modeling capabilities effectively and instilling a product management mindset across teams.

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What qualifications are needed for the Head of Quantitative Products and Project Management position at Fannie Mae?

To qualify for the Head of Quantitative Products and Project Management role at Fannie Mae, candidates should possess at least a bachelor's degree and have a minimum of 8 years of product leadership experience. Deep expertise in product management lifecycle, strong communication skills, and the ability to lead teams are essential. A master's degree and experience in financial modeling applications would be an advantage.

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How does the Head of Quantitative Products and Project Management contribute to Fannie Mae's mission?

The Head of Quantitative Products and Project Management contributes significantly to Fannie Mae's mission by overseeing modeling applications that directly impact affordable housing finance. By ensuring products are aligned with business objectives and improving functionality, you help create fair access to homeownership opportunities for millions.

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What tools and technologies are used by the Head of Quantitative Products and Project Management at Fannie Mae?

In the Head of Quantitative Products and Project Management role at Fannie Mae, proficiency with tools such as Microsoft Project, JIRA, Tableau, and AWS is required. Familiarity with Excel and other collaborative platforms like SharePoint and Confluence is also valuable for managing projects and engaging with teams effectively.

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What is the work culture like for the Head of Quantitative Products and Project Management at Fannie Mae?

Fannie Mae fosters a flexible hybrid work culture, allowing the Head of Quantitative Products and Project Management to enjoy a blend of remote and in-office work. The organization emphasizes collaboration, inclusivity, and a supportive environment, encouraging employees to thrive while contributing to the mission of making homeownership accessible.

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Common Interview Questions for Head of Quantitative Products and Project Management (Flexible Hybrid)
Can you describe your experience managing product lifecycles?

In response, share specific examples of how you have managed product lifecycles, highlighting your ability to oversee the design, development, and implementation phases. Discuss metrics you used to measure success and how you iterated on product features based on feedback.

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How do you approach stakeholder management in product development?

When answering, emphasize your collaborative approach. Discuss techniques for engaging stakeholders, such as regular communication, gathering feedback, and aligning product objectives with stakeholder needs to ensure project success.

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What strategies do you use for driving product improvements?

You can answer by describing specific frameworks or methodologies you implement, like Agile or Lean. Discuss how you gather user feedback, analyze product performance, and prioritize improvements to meet business needs and enhance user experience.

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Can you provide an example of a challenging product that you managed?

Share a specific example of a challenging product or project, detailing the complexities involved. Discuss the strategies you employed to navigate these challenges, including teamwork, innovative thinking, and effective resource management.

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How do you balance technical requirements with business goals?

Highlight your ability to communicate effectively with both technical teams and business stakeholders. Explain how you translate business needs into technical requirements and vice versa, ensuring that both perspectives are catered to during product development.

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What tools have you used for project management?

Mention specific project management tools relevant to the role, such as JIRA or Microsoft Project. Discuss how these tools have helped in tracking progress, managing teams, and facilitating communication to keep projects on schedule.

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How do you measure the success of a product?

Explain your approach to defining key performance indicators (KPIs) for products. Discuss metrics you focus on, such as user engagement, adoption rates, or financial performance, and how these metrics inform future product decisions.

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What experience do you have with financial modeling applications?

If applicable, describe any relevant experience managing or developing financial modeling applications. Discuss specific types of models you've worked with, such as valuation or prepayment models, and how they relate to housing finance.

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How would you foster a culture of innovation within your team?

Discuss techniques you would use to encourage creativity and collaboration, such as regular brainstorming sessions, cross-functional projects, and recognition of innovative ideas. Highlight the importance of a supportive environment where team members feel safe to share ideas.

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How would you handle conflicts within your team or with stakeholders?

Describe your conflict resolution strategies, emphasizing active listening and empathy. Explain how you would approach mediation to find mutually beneficial solutions while maintaining focus on project goals.

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Fannie Mae’s mission is to facilitate equitable and sustainable access to homeownership and quality, affordable rental housing across America.

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Full-time, hybrid
DATE POSTED
March 19, 2025

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