Lead Associate, Capital Markets Pricing and Valuation

Fannie Mae

. Create, design, and enhance cash flow models, pricing methodologies, and valuation techniques for fixed-income portfolios and new business initiatives .

Posted 9/25/2026full-timeUnited StatesSenior💰 $123,000 - $161,000 per yearWebsite

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Create, design, and enhance cash flow models, pricing methodologies, and valuation techniques for fixed-income portfolios and new business initiatives
Discuss markets and fixed-income concepts and trends with internal and external market participants, including Trade Desk, Risk Groups, and third-party participants
Execute daily fair-value pricing for loans, securities, debt, and derivative portfolios
Research market activity and risk factors affecting portfolio pricing
Develop and implement pricing methodologies and strategies using fixed-income analytics
Lead periodic market analysis involving the firm's portfolio
Manage internal team projects and support external customers
Provide market and analytical guidance and training to less experienced staff
Analyze large datasets using advanced financial engineering tools and techniques
Conduct financial analysis or forecasting, including scenario or sensitivity analysis, stress testing, or attribution analysis
Execute models and interpret model results, translating analyses into understandable conclusions
Work with model builders to vet new models, suggest changes, and analyze model performance data

Requirements

What you’ll need

4+ years of fixed income market experience from a trading, portfolio management, securities valuation, or research background
Bachelor's Degree in Economics, Finance, or STEM related area
Curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence
Strong knowledge of MBS, CMOs, REMICS, derivative and rate markets
Deep understanding of fixed income analytics (DCFs, OAS, Duration/Convexity, spreads/discount margins, etc.), and valuations
Strong analytical skills and attention to detail
Excellent written and oral communication skills
Advanced Excel and modeling skills required
Some weekend and holiday work may be required to meet production deadlines
Proficiency with Bloomberg, Intex or other valuation tools a plus
Experience with SQL, Visual Basic, R or Python a plus
MBA or Masters in Economics, Finance, or STEM related area desired
CFA, FRM, or CTP designation desirable

Benefits

Comp & perks

Incentive program eligibility
Health benefits
Life benefits
Voluntary lifestyle benefits
Other benefits and perks supporting physical, mental, emotional, and financial well-being