Attorney-Corporate III – Defined Duration Assignment-36329

Attorney-Corporate III – Defined Duration Assignment-36329
Washington, DC

THE COMPANY

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration’s Homeowner Affordability and Stability Plan.

Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation’s housing recovery.

This is a full time, defined duration opportunity with the potential to be extended further, based on business need. You may also be eligible for the following benefits:

• Medical
• Dental
• 401(k) Plan
• Paid Time Off
• Company Paid Holidays
• Tax-Saver Spending Accounts for Medical and Dental Care
For more information about Fannie Mae and our career opportunities, visit www.fanniemae.com.

The individual in this position will work on Fannie Mae’s implementation of certain programs under the U.S. Department of the Treasury’s (“Treasury”) Making Home Affordable initiative. U.S. citizenship status is required by Treasury for such individual, as is execution of a nondisclosure agreement and compliance with other Fannie Mae requirements per Treasury’s guidelines.

JOB INFORMATION

Operate with considerable latitude in consulting, advising, and representing the company on a variety of highly complex legal matters and projects related to corporate law. Provide legal counsel to management on broad issues affecting the company. Ensure that legal documents regarding board meetings and motions, mergers or acquisitions, contracts, or other corporate actions are prepared properly. Confer with executives regarding corporate initiatives, product development, or regulatory concerns to assess legal risks to the company and plan actions to control or minimize those risks. May act as a subject area/technical expert, or key advisor on significant business or product decisions with or without management responsibilities. May manage a specific unit or specialist function. May directly manage in-house counsel, paralegals and legal support staff.

KEY JOB FUNCTIONS
• May plan, guide, and/or oversee the performance of in-house counsel, team members, and/or legal support staff. Provide legal advice and service by combining skill in corporate law with sound business acumen and knowledge of business goals and objectives of the company or assigned business units.
• Engage with assigned business units to meet goals. Pursue details and achieve closure on various matters. Provide excellent client service.
• Use business and legal judgment to balance an appropriate level of risk against the business needs in a particular situation. Operate within the framework of allowable corporate behavior and governance, and legal and regulatory compliance.
• Supervise and actively direct outside counsel.
• Work closely with business clients and outside counsel to ensure adherence to important corporate and regulatory policies.
• Draft templates. Write documents. May draft comment letters. May analyze legislation that impacts the company and assist the company in responding to inquiries from Congress and government agencies.
• Prepare and manage a due diligence budget. Coordinate with internal departments to ensure proper tracking and accounting of legal due diligence expenses.
Qualifications

EDUCATION
• Bachelor’s Degree or equivalent required
• JD required
MINIMUM EXPERIENCE
• 8+ years of related experience
• Active Washington DC bar required (or eligible to become DC bar member)
SPECIALIZED KNOWLEDGE & SKILLS

Candidate should:
• Have experience working with regulatory agencies and/or oversight bodies and be able to interpret relevant regulations and contractual provisions;
• Have experience with mortgage servicing and policy (ideally), including reviewing, drafting and negotiating servicing policy documents; and
• Have first hand transactional experience, including reviewing, drafting and negotiating various types of agreements.

EMPLOYMENT

As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.

Please note: This position will span a pre-defined duration.

Fannie Mae is an Equal Opportunity Employer.

Please apply online at https://fanniemae.taleo.net/careersection/10000/jobdetail.ftl?lang=en&job=36329