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      Fannie Mae

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      Financial Engineer Interview

      25 Mar 2010
      Anonymous employee
      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 Jan 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 [2]

      Question 1

      derive black scholes
      Answer question

      Question 2

      here's an equation (that has no analytical solution)... solve it
      Answer question
      3