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Advisor Business Analyst - Modeling & Analytics (Open to Remote)

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

Enterprise Modeling and Analytics is looking for a business analyst to join its Multi Family Credit Works application team. You will be a valued contributor of the application development team and will be developing some of the most critical analytics software to be used by various multi-family business users. You will be responsible to interface with business users of the application to analyze, gather, and documents business requirements. Translate business requirements to software/system requirements for system/software development. Identify and document data requirements, definitions, data dependencies and relevant business rules. Develop data requirements through various methods including individual and group discussions, independent data analysis, and by extracting from a suite of mathematical functions and code.

THE IMPACT YOU WILL MAKE
The Advisor Business Analyst - Modeling & Analytics 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:

  • Analyze, document and articulate multifamily or related mortgage business requirements for complex mathematical, business, and financial modeling logic for software coding. Design and execute test cases for modeling and analytical software applications to ensure they meet business needs and model requirements.
  • Develop detailed specifications of application and document in a form that can be used for coding application. This includes architecture diagrams, process flows, and other information or processes needed to describe required system changes for development, QA, and other internal customers.
  • Collaborate with managers or practitioners in the business unit to determine systems requirements and functionalities needed in new or revised application.
  • Extract data requirements through various methods including individual and group discussions, independent data analysis and by extracting from a suite of mathematical functions and code.
  • Document or review documentation of steps in specification development, coding, testing and user acceptance for future reference and for internal control purposes.
  • Promote productive relationships between stakeholders and technology partners, providing clarity, and ensuring processes are streamlined.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

  • 6 years of experience supporting customer application development lifecycles (e.g., analysis, design, testing)
  • Ability to document highly complex data processing
  • Strong data analysis skills to consolidate date sets, extract data, and data modeling
  • Technical skilled in Oracle, stored procedures & advanced querying
  • Strong verbal and written communication skills
  • Bachelor’s degree or Equivalent in Accounting, Business, Computer Science, Finance, or related field

Desired Experiences:

  • Advanced Degree in Accounting, Business, Computer Science, Finance, or related field
  • Secondary mortgage, finance or economics knowledge or experience. Multifamily data and business experience highly preferred
  • Advanced Oracle / SQL skills
  • Ability to design Python scripts for data analysis and ability to perform existing code analysis in Java and Python
  • Experience providing input to specialists in development projects to assist in developing specifications and functionalities in IT systems

Additional Information

REF13568V

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

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

$100000 / YEARLY (est.)
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$90000K
$110000K

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What You Should Know About Advisor Business Analyst - Modeling & Analytics (Open to Remote) , Fannie Mae

At Fannie Mae, we're all about shaping futures, especially when it comes to making homeownership a reality for millions. We’re on the lookout for an Advisor Business Analyst - Modeling & Analytics to join our talented Multi Family Credit Works application team! In this role, you’ll be an essential part of the application development squad, crafting some of the most impactful analytics software for our multifamily business users. Your day-to-day will involve collaborating with these users to gather and document business requirements, ensuring they translate seamlessly into software requirements for our development team. You'll dive deep into data—analyzing, documenting, and building out crucial data dependencies and business rules. Your ability to interface with stakeholders and streamline processes will help foster strong relationships across our organization. You’ll not only analyze and document complex mortgage business requirements but also design and execute test cases to ensure our applications hit the mark. With your background in data analysis, you’ll be extracting vital data requirements and documenting all our processes thoughtfully for future reference. At Fannie Mae, we prioritize your growth and are excited to offer the flexibility for you to drive your career while contributing to our mission of fair and affordable housing finance. If you're ready to leverage your skills and insights in a meaningful way, we can’t wait to see what you bring to the team!

Frequently Asked Questions (FAQs) for Advisor Business Analyst - Modeling & Analytics (Open to Remote) Role at Fannie Mae
What are the main responsibilities of the Advisor Business Analyst - Modeling & Analytics at Fannie Mae?

As an Advisor Business Analyst - Modeling & Analytics at Fannie Mae, your main responsibilities include gathering and documenting business requirements from multifamily business users, translating those into software/system requirements, and developing test cases for software applications. You'll also be responsible for identifying and documenting data requirements and promoting collaboration among stakeholders to streamline processes.

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What qualifications are required for the Advisor Business Analyst position at Fannie Mae?

To qualify for the Advisor Business Analyst - Modeling & Analytics role at Fannie Mae, candidates should have a minimum of 6 years of experience supporting customer application development lifecycles. A bachelor’s degree in Accounting, Business, Computer Science, Finance, or a related field is also necessary. Strong data analysis skills and technical proficiency in Oracle and advanced querying are essential.

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What skills are ideal for the Advisor Business Analyst role at Fannie Mae?

Ideal candidates for the Advisor Business Analyst - Modeling & Analytics position at Fannie Mae should possess strong data analysis capabilities to consolidate data sets effectively and engage in data modeling. Additionally, proficiency in Oracle and the ability to design Python scripts for data analysis are highly preferred, along with strong verbal and written communication skills.

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Is remote work an option for the Advisor Business Analyst position at Fannie Mae?

Yes! The Advisor Business Analyst - Modeling & Analytics role at Fannie Mae is open to remote candidates, providing flexibility to design your work-life balance while contributing to our mission of affordable housing finance from the comfort of your preferred location.

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What kind of software tools should an Advisor Business Analyst at Fannie Mae be familiar with?

An Advisor Business Analyst - Modeling & Analytics at Fannie Mae should be well-versed in various software tools, particularly Oracle for database management and data processing. Knowledge of programming languages such as Python and Java for scripting and code analysis is also beneficial for this role.

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Common Interview Questions for Advisor Business Analyst - Modeling & Analytics (Open to Remote)
Can you explain your experience with business requirements documentation as an Advisor Business Analyst?

When answering this question, highlight specific projects where you gathered and documented complex business requirements. Discuss the methods you used to interact with stakeholders, and how you ensured the requirements were clearly understood by the development team.

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How do you approach data analysis in your role as a Business Analyst?

Provide a detailed overview of your data analysis process. Describe the tools and techniques you utilize to extract and consolidate data sets, and emphasize your ability to derive actionable insights to inform business decisions.

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What testing methodologies do you employ for software applications?

Discuss your familiarity with various testing methodologies, such as unit testing and user acceptance testing. Share specific examples of how you've designed test cases to ensure software applications meet business requirements.

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How do you handle conflicting requirements from stakeholders?

Talk about your approach to resolving conflicts by facilitating open communication with stakeholders. Emphasize the importance of understanding the underlying needs of each party and finding a balanced solution.

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What experience do you have with programming languages relevant to data analysis?

Mention your proficiency in languages like Python and Java. If possible, provide examples of projects where you used these languages to perform data analysis or automate processes.

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How do you ensure that your documentation is useful for development teams?

Explain the steps you take to create clear and concise documentation. Emphasize the importance of including detailed specifications, architectural diagrams, and process flows to aid developers in understanding system changes.

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Can you describe a challenging project you worked on and what you learned from it?

Share a specific example that outlines the challenges faced and the strategies you employed to overcome them. Focus on key takeaways and how the experience has shaped your approach as a Business Analyst.

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How do you prioritize tasks when working on multiple projects?

Discuss your time management skills and how you assess urgency and importance to prioritize tasks effectively. Mention any tools or techniques you use to stay organized, such as project management software.

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In your opinion, what is the most critical skill for a Business Analyst?

Share your perspective on the most crucial skills, such as strong analytical abilities or excellent communication skills. Provide reasons for your choice and relate it back to your own experiences.

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What strategies do you use to learn about complex business domains?

Discuss your proactive approach to learning by engaging with industry resources, conducting research, and leveraging discussions with subject matter experts. Highlight how this knowledge helps you in your role as a Business Analyst.

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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, remote
DATE POSTED
January 28, 2025

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