Fannie Mae Financial Engineer Interview Questions | Glassdoor

Fannie Mae Financial Engineer Interview Questions

Updated Oct 31, 2017
11 Interview Reviews

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Financial Engineer Interview

Anonymous Interview Candidate
No Offer
Neutral Experience
Average Interview

Application

I applied through college or university. The process took 1 day. I interviewed at Fannie Mae in October 2017.

Interview

A half hour one-on-one interview. It became clear the job was essentially coding when the interview kept asking me about projects I've coded or databases I've created. Lost my interest after that

Interview Questions

  • Talk to me about your coding experience/projects you've coded with R/SAS/Etc   Answer Question

Other Interview Reviews for Fannie Mae

  1.  

    Financial Engineer Interview

    Anonymous Interview Candidate
    No Offer
    Positive Experience
    Easy Interview

    Application

    I applied through college or university. I interviewed at Fannie Mae in October 2017.

    Interview

    Applied through university. Got an offer for an interview within a couple of days. Fairly straight-forward interview. Mostly behavioral/fit questions. Focused mainly on the technical skills necessary for the role.

    Interview Questions

    • What do you know about Fannie Mae and how do your skills fit with the role?   Answer Question

  2.  

    Financial Engineer Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through college or university. The process took 4+ weeks. I interviewed at Fannie Mae (Washington, DC) in October 2017.

    Interview

    I applied through my college job board and ended up being selected for an in-person interview on campus. The entire process is very competitive. Out of the several hundred students that applied for the position, Fannie interviewed about 10 per campus and invited 2-3 back for a final round in Washington DC. The interviews were overall easy and the method they moved forward with candidates seemed rather arbitrary. The on-campus interview consisted of confessing your knowledge of Fannie Mae and the mortgage market, then walking through your resume for relevant experience. About a week later, you will hear back and if invited to Washington, the interview will consist of three 30 minute 1 on 1 interviews that ask behavioral, educational and case study questions respectively. The enterprise was very accommodating and the process was an enjoyable experience.

    Interview Questions

    • What does Fannie Mae do? How have you demonstrated curiosity, problem solving and quantitative ability? What coding projects have you worked on? Fannie has 17 million mortgage securities, how would you valuate how much they are all worth in total? Derive Black-Scholes (only if strong math background/major).   Answer Question
  3. Helpful (1)  

    Financial Engineer Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through college or university. The process took 2 weeks. I interviewed at Fannie Mae (Washington, DC) in October 2016.

    Interview

    Three different rounds (behavioral, education, and case studies.) Rotated around three different tables to satisfy the three. A mix of basic interview questions and some theoretical concepts. Gave the interviewee a chance to meet three different people doing what they would be doing if hired.

    Interview Questions

    • How would you appraise a property if you can't survey it?   Answer Question

  4. Helpful (2)  

    Financial Engineer Interview

    Anonymous Interview Candidate in Washington, DC
    No Offer
    Negative Experience
    Easy Interview

    Application

    I applied online. The process took 3+ weeks. I interviewed at Fannie Mae (Washington, DC) in December 2012.

    Interview

    found the job posting from internal job database. minimum HR involved. had 2 rounds of panel interviews, during both interviews, management from different teams were arguing with one another, moreover, VP was yelling at one of his director right in front of my face. I was offered 3rd round interview with the VP, I turned down the interview due to obsearvations made in previous 2 interviews. Sensed tight conflicts within the org, and unpleasant management styles.

    Interview Questions

    • The hiring manager told me the job description and responsibilities, those are what I am interested and good at. Then all of a sudden, another manager in the interview asked me if I am willing to do the job if it is nothing like what the hiring manager had said.   Answer Question

  5. Helpful (2)  

    Financial Engineer Interview

    Anonymous Interview Candidate in Washington, DC
    No Offer
    Average Interview

    Application

    I applied through a recruiter. The process took 5 days. I interviewed at Fannie Mae (Washington, DC).

    Interview

    just a phone interview and being rejected

    Interview Questions


  6.  

    Financial Engineer Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through college or university. The process took 1 day. I interviewed at Fannie Mae (Washington, DC) in May 2011.

    Interview

    I got the interview through the director of my program, the interview took one day, we first had lunch with the senior management. then we had two 30 min interview, one is basically behavioral questions like "tell me about this project you did, is there any way you can change the way you did it?"
    Another is sort of technical, I was asked to describe the projects I did in a C++ class, and also asked about the real estate asset valuation method. another is a case interview, asked me how to choose two projects for fannie mae, basically you need to NPV and IRR are the 2 ways to evaluate a project.

    Interview Questions

    • how to evaluate a real estate property   2 Answers

    Negotiation

    no negotiation


  7.  

    Financial Engineer Interview

    Anonymous Interview Candidate in Washington, DC
    Declined Offer
    Negative Experience
    Average Interview

    Application

    The process took 2 days. I interviewed at Fannie Mae (Washington, DC) in October 2010.

    Interview

    3 rounds, mini-presentation to a panel

    Interview Questions

    • What's an example of a time you failed miserably?   1 Answer

    Reasons for Declining

    Seemed like a terrible place to work. People were foolishly arrogant.

  8. Helpful (3)  

    Financial Engineer Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    I applied online. The process took 2 days. I interviewed at Fannie Mae (Washington, DC) in January 2010.

    Interview

    intial phone discussion with recruiter
    1st rd: phone interview with quant team
    final rd: 1:1 interview with vp, laid back...group/panel interview with directors and team members, grilled with math, finance, derivatives, and programming questions...questions focused on bond math, callable/putable bonds, matrix math, coding algorithms, options pricing, and prepayment basics

    Interview Questions


  9.  

    Financial Engineering Interview

    Anonymous Interview Candidate
    No Offer
    Neutral Experience
    Difficult Interview

    Application

    I applied online. The process took 1 day. I interviewed at Fannie Mae in October 2010.

    Interview

    The first round phone interview was very technical. The interviewer was a financial economist. The topics include bond math, options pricing, derivatives on bond, monte carlo simulation, and various other financial math questions. The overall level of difficulty was not that bad. I think I got 80% of the questions right with minimum amount of hint. But, I did not get the offer. No resume questions were asked and there was no room for making personal connections through a more casual conversation.

    Interview Questions

    • How to model the prepayment risk and default risk on a bond using calls and puts?   Answer Question

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