Principal - Multifamily Credit Risk Internal Audit (Open to Remote)

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.
 

In this highly visible leadership position, you will be responsible for providing expertise and thought leadership across a range of risk topics, which will play a key role in guiding our audit strategy for the Multifamily line of business.

THE IMPACT YOU WILL MAKE

The Principal, Multifamily Credit Risk Internal Audit role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• Provide subject matter expertise and strategic direction for auditing the Multifamily line of business and other credit risk related areas in Fannie Mae (e.g., Single Family, ERM), influencing the audit approach to address emerging risks, and developing audit hypotheses on existing processes and emerging risks.
• Serve as a key expert and advisor to the Chief Audit Executive and audit teams regarding credit risk management, commercial real estate underwriting, deal review and performance monitoring, and fraud risk controls.
• Solves complex, undefined problems by applying specialized expertise to develop innovative solutions that impact the audit approach.
• Mentors and develops others, enhancing technical expertise and influence within the team.
• Provide critical support for remediation initiatives, leveraging expertise.
• Establish high impact relationships with key members of management, regulators, and external auditors. 

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

• 8+ years’ working experience in audit, control, or risk roles and/or public accounting
• Expertise in credit risk management and commercial real estate
• Working experience in large multi-national financial institutions (e.g., SIFI) with detailed understanding of the policies, processes and risks within a wide variety of functional areas, and their impact on the business control environment
• Excellent verbal and written communication skills 

Preferred Experience  

• Knowledge of mortgage industry and relevant financial products 
• Experience dealing with time sensitive enterprise-wide remediation projects and providing real time feedback on the remediation actions and progress 
• Must understand how businesses operate in general; must be able to learn new methods and technologies easily  

Leadership Skills 

• Team player who can collaborate with peers effectively 
• Adept at working with individuals having a different functional expertise respectfully and cooperatively while working toward a common goal 
• Proficient written and oral communication skills, particularly the ability to deliver complex technical information to diverse audiences in a meaningful way 
• Bring insight to stakeholders (including our regulators) through audit deliverables and real time feedback during governance meetings and ad hoc discussions. Demonstrate the ability to build trust and credibility. 

Education 

• Bachelor’s degree in Accounting, Management, Finance, Business or related major 

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, while business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee’s physical, mental, emotional, and financial well-being. See more here.