Are you a top graduating senior? Consider applying for Fannie Mae's University Relations Program. We're looking for high-performing undergraduate and graduate students with the potential to bring new skills, creativity, and diversity of thought to business units across our company. The program is an integral part of our comprehensive recruiting strategy, and includes the following segments: Direct Placements, Professional Structured Opportunities, and Internships. Fannie Mae is an EEO employer.
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Direct Placements
Direct Placements target new college graduates who are not interested in or, eligible for a structured opportunity or internship, but who have entry-level skills that would be useful to Fannie Mae's business. Positions will be identified, and hiring goals developed to determine the best opportunities for entry-level hires. Please refer to Career Opportunities to search for current entry-level openings
Professional Structured Opportunities
Professional Structured Opportunities are designed to bring a continuous flow of leaders into Fannie Mae and provide a structured developmental framework. Potential participants must be participating in or have completed a graduate program or undergraduate degree with a GPA above 3.0. Rotations operate on a 12-24 month cycle and are supported at the business unit level. Upon successful completion, participants will have the opportunity to interview for a variety of open positions within the respective department.
Finance Associate
The Finance Associate opportunity is intended to create a talent pipeline to help meet our company's growing demand for accounting professionals in an increasingly competitive marketplace. Finance Associates rotate through four different areas in the Finance division, including Accounting Operations, Financial Controls and Processes, Accounting Systems, Financial Reporting, Pricing and Valuation, Corporate Tax, Accounting Policy, Investor Relations, Business Unit CFOs, and Financial Planning and Analysis. Each associate will be exposed to different areas within the Finance division, and ultimately assigned to a specific area to develop a more specialized skill set. Positions are located in the Washington, DC metro area.
Position Qualifications:
- Accounting majors are preferred
- Strong analytical background
- Interest in obtaining a CPA license is encouraged
Credit Loss Management
Beginning in 2009, Fannie Mae will hire recent college graduates into Credit Loss Management. Participants will rotate through four Credit Loss Management areas, including the National Servicing Organization, Credit Loss Management Operations, Real Estate Owned Sales, and National Underwriting Center. Upon completion of the 16-month rotation, participants can interview for a variety of open positions within the department. Positions will be located in our Dallas, Texas offices.
We seek candidates with majors in:
- Business Administration
- Finance
- Accounting
- Economics
Internships
Fannie Mae offers internship opportunities throughout the company to help staff future positions with top-quality candidates and provide students with learning and career development experiences.
Research Analyst Training
This training opportunity is available for a three-month period beginning each June, enabling recent graduates to work together on a Fannie Mae mortgage research project. Research Analysts will learn programming in the SAS language and develop analytical skills through research assignments and generating reports. They also will gain a strong understanding of the mortgage industry, specifically in property valuation, credit pricing, and automated underwriting. Successful candidates will have the opportunity to interview for a variety of open positions within the organization. Positions are located in our Washington, DC offices.
Position Qualifications:
- Graduating seniors with majors in Liberal Arts, Economics, and Business who have an interest in learning and gaining practical training in economic modeling
- Superior communication skills and a goals-oriented mindset
- No previous computer or business training or experience is required
Audit Intern
Audit Interns spend 10 to 12 weeks during the summer assisting professional staff in auditing various aspects of Fannie Mae business operations through participation in projects of Single-Family Business, Finance, Housing and Community Development, Portfolio and Credit Analytics, and Technology divisions. Interns will develop skills in identification and mitigation of risks and evaluation of internal controls through review and documentation of business process and information system procedures and controls, and the communication of audit findings. Successful candidates can interview for a variety of positions within the department upon graduation. Positions are located in our Washington, DC offices.
Position Qualifications:
- BA/BS/MS/MA/MBA Degrees; Majors in Accounting, Finance, Mathematics, Economics, Risk Management, Information Systems, or related fields
- An interest in auditing as a possible career, or an interest in learning more about Fannie Mae and the secondary mortgage industry
- Strong analytical and communication skills
Finance Intern
This opportunity serves as a pipeline for consideration as a Finance Accociate. Finance Interns can assist in one of many areas, including financial analysis, identification and assessment of risks and controls, business process re-design, project management, or preparation of internal and external financial reports. Select candidates will have the ability to learn about our business, further their accounting knowledge, and develop the skills necessary to be successful at Fannie Mae. Positions are located in our Washington, DC offices.
Position Qualifications:
- Majors in Accounting
- Academically successful students with strong analytical skills
- Interest in obtaining a CPA license is encouraged
General Internships
General paid internships may exist outside of our formalized opportunities. To be considered for general internships, please submit your resume to our careers mailbox.
Applying for a University Relations Program
You must be authorized to work in the U.S. without sponsorship to participate in the University Relations program. To apply:
- Submit your resume through your campus career center; Fannie Mae is conducting on-campus interviews at your school.
- Submit your resume to careers mailbox.
