Average Salary for Fannie Mae Corporation Employees

Washington, District of Columbia-based Fannie Mae Corporation hires for positions ranging from Loan Operations Specialist to Economist in the financial services. With a reputation for handing out six-figure salaries (median pay is $104K), Fannie Mae Corporation is a strong magnet for those looking to increase their earning potential. Though your experience level and your city do impact pay, your job title is the primary influence on employee salary at Fannie Mae Corporation. This report is based on responses to the PayScale salary survey.

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Employer: Fannie Mae Corporation
Average Salary Range by Job
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About This Company

Washington, District of Columbia 

Financial Services

fannie Mae


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Nearing the top of the pay scale are Information Technology Directors, Business Analysis Managers, Senior Business Analysts, and Internal Auditors; while the first receives the highest median pay at $153K per year, the other salaries come in at $126K, approximately $125K, and about $97K, respectively. Financial compensation for Loan Operations Specialists is rather low — on average only $64K — relative to the rest of the company.

Years of Experience

For those who claim five to nine years of work experience, pay on average amounts to around $98K annually. Workers who have been with the company for more than one year but less than five can make $71K per year on average. Broken down by tenure, the largest share of Fannie Mae Corporation employees (33 percent) have 10-19 years of experience and earn $117K annually on average.

Locations

When it comes to location, the highest average paycheck (approximately $127K per year) can be spotted in Bethesda, Md.; Arlington, Va. (around $122K), Reston, Va. (about $110K), and Washington, DC ($101K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Dallas, Texas — at $88K, salaries are some of the lowest in the country. By state, the highest pay levels are found in Maryland, where the average Fannie Mae Corporation employee makes $127K annually.

Certifications and Degrees

Certified ScrumMasters are compensated at a much higher rate than non-authorized workers, bringing in close to $134K per year. Project Management Professionals also rank high on the pay scale, with expected average earnings of around $129K annually. The best paid folks at Fannie Mae Corporation have a Doctorate (PhD), earning approximately $134K per year.

Skills

In this position, it pays to have Program Management in your toolkit; employees who claim proficiency enjoy a higher median salary of about $150K annually. Data Analysis is a popular skill among Fannie Mae Corporation workers, with slightly more than a fifth of those surveyed reporting using it on the job. Some other standard skills here are Project Management, Microsoft Excel, and Financial Analysis.

Benefits and Perks

Benefits packages do tend to lack paid time off; Fannie Mae Corporation gives paid vacation days to 30 percent and sick leave to two-fifths of respondents. A large number of employees plan for retirement by taking advantage of the company-sponsored 401(k) program. For the vast majority of employees, benefits include health insurance, and most employees get dental coverage, too. A few more workplace perks are tuition reimbursement, a casual working environment, life insurance, and flexible hours.

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Key Stats for Fannie Mae Corporation

Gender

Female
39 %
Male
61 %
Salary
$56,673 - $112,657
Salary
$63,616 - $129,598
Less than 1 year
3%
1-4 years
28%
5-9 years
22%
10-19 years
33%
20 years or more
14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

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