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Average Salary for Fannie Mae Corporation Employees

Based in Washington, District of Columbia,financial services industry player Fannie Mae Corporation offers many employment opportunities, including Loan Operations Specialist and Financial Analyst positions. Generous compensation can be found at Fannie Mae Corporation; employee salaries often surpass six figures and average pay comes to $104K annually. Your job title primarily drives compensation; however, how long you've been working and where you live are also reported as secondary influences on salary at Fannie Mae Corporation. This overview is based on answers to PayScale's salary questionnaire.

How This Employer Pays

Fannie Mae Corporation typically pays:
9%
above market

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Employer: Fannie Mae Corporation
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
[-]Loan Operations Specialist (4)
$39,067 - $95,357  
   
[-]Loan Operations Specialist (4)
Salary$38,849 - $88,619  
   
Total Pay$39,067 - $95,357  
[+]Project Manager, Information Technology (IT) (3)
$58,833 - $152,910  
   
[+]Project Manager, Information Technology (IT) (3)
Salary$58,666 - $137,101  
   
Total Pay$58,833 - $152,910  
[+]Financial Analyst (3)
$47,979 - $107,120  
   
[+]Financial Analyst (3)
Salary$48,547 - $99,087  
   
Bonus$756 - $11,248  
Total Pay$47,979 - $107,120  
[+]Application Support Analyst (2)
$57,713 - $113,077  
   
[+]Application Support Analyst (2)
Salary$56,664 - $107,466  
   
Total Pay$57,713 - $113,077  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 11 Nov 2014 | Individuals Reporting: 75
United States (change)

About This Company

Washington, District of Columbia 

Financial Services

fannie Mae


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

Jobs

Typically, Finance Directors are the best paid with salaries hovering at around $165K; Credit Risk Analysts, Financial Analysts, and Application Support Analysts also rank near the top of the list, pulling in about $91K, $85K, and approximately $83K, respectively. Among the lower-paid positions at Fannie Mae Corporation are Operations Analysts — typical salaries for this role approach $56K.

Years of Experience

Workers who have been with the company for more than one year but less than five can typically make $66K. For those with five to nine years of experience, average earnings amount to $97K. The largest fraction of Fannie Mae Corporation people (37 percent) have been working for 10-19 years and earn around $118K annually.

Locations

Median pay is highest in Mclean (approximately $104K per year), followed by Dallas ($104K), Herndon ($102K), and Reston (about $100K). High paychecks are not found in Glendale; in fact, at approximately $70K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of around $125K annually) in Pennsylvania.

Certifications and Degrees

Being a Certified Public Accountant certainly has its perks — salaries approach $126K and far exceed the paychecks of those without certification. Project Management Professionals with credentials can live quite comfortably; salaries come in at about $116K per year. It pays to have a Bachelor of Science in Computer Science (CS) at Fannie Mae Corporation — these employees make the most at $150K annually.

Skills

The highest-paying skill to have may be Project Management; employees who claim proficiency also report a higher average salary of $114K. It's pretty common to find people here who know Microsoft Excel; nearly one-eighth consider it a key competency. Some other standard skills here are Data Analysis, Financial Analysis, and Microsoft Office.

Benefits and Perks

Merely one-half of workers at Fannie Mae Corporation earn paid vacation and paid sick time. The greater part of workers set aside retirement funds in an employer-sponsored 401(k). A strong majority of workers report having health insurance, and a solid majority of workers report having dental coverage. Fannie Mae Corporation folks also make good use of a casual working environment, life insurance, tuition reimbursement, and flexible hours.

Key Stats for Fannie Mae Corporation

Gender

Female
42 %
Male
58 %
Salary
$55,687 - $114,926
Salary
$61,118 - $127,601
Less than 1 year
2%
1-4 years
20%
5-9 years
21%
10-19 years
38%
20 years or more
20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.

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