Internal Auditor III-Specialty
Location:
Washington , District of Columbia
Posted:
October 16, 2017
Reference:
51543
THE COMPANY

Are you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.

For more information about Fannie Mae, visit http://www.fanniemae.com/progress

JOB INFORMATION

The Auditor - Specialty III assists with planning, executing and reporting audits of complex functionalities and output of various information technology systems, applications or platforms/operating systems, financial and statistical models, or risk management activities for compliance with corporate policies and procedures. Fully demonstrate generalized knowledge of the mortgage industry and Fannie Mae's business operations. Demonstrate developing specialized knowledge of the mortgage industry and Fannie Mae's business operations as it relates to models, risk management, or technology systems.

KEY JOB FUNCTIONS

  • Apply specialized technical knowledge and expertise to perform reviews relating to the full life cycle of models, information technology applications, or risk management/analysis used across the company.
  • Successfully perform all key job functions of the Internal Auditor - Specialty role at a higher level of complexity, scope and autonomy. Coordinate and lead audit team meetings to discuss the audit plan, including audit background, preliminary objectives/scope (identified during the Annual Audit Planning process), audit budget, audit execution schedule, affected departments, contacts and expectations. Take ownership and independently manage subsets of audits with minimal oversight from Audit Manager/Director - Specialty.
  • Conduct first-level review of Internal Auditor - Specialty work and documentation; leverage Internal Audit Manager/Director - Specialty guidance as needed. Review audit documentation; begin to determine risks and the potential impact of risks on the organization. Perform root cause analysis on exceptions identified during audits. Validate and document Risk Control Matrix; write test procedures based on Risk Control Matrix. Draft audit reports; revise and finalize with Audit Manager/Director - Specialty.
  • Write ICIs, discuss with audit management and validate issues with customers; assist with additional report writing as needed. Assist with tracking results of prior audits, identifying audit themes across organizations and determining if appropriate corrective action has been taken regarding significant audit concerns. Contribute to strengthening and improving the governance, risk and control environment of the organization; share issues, ideas and recommendations with the Internal Audit Manager/Director - Specialty and Internal Audit teams.
  • Provide informal, day-to-day coaching and guidance to Internal Auditor - Specialty. Share knowledge of specialty areas to build knowledge and capabilities across Internal Audit. Build and maintain relationships with business partners at the manager and staff levels. Provide advice and share Internal Audit knowledge with business partner managers and staff to strengthen governance, risk and control environments, as appropriate.

Qualifications:
EDUCATION
  • Bachelor's Degree or equivalent required
CERTIFICATE
  • CFA, FRM/PRM, CIA, CPA, CFE, CISA, CISM, CISSP
MINIMUM EXPERIENCE
  • 4 years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
  • Strong critical thinking and analytical skills required
  • Experience in IT general controls, including performing suitability of design and operating effectiveness testing
  • Ability to work independently and effectively apply judgement to reach appropriately reasoned conclusions required
  • Advanced experience with MS Excel functions
  • Experience with data analytics
  • CIA, CISA, or other relevant industry certifications required
  • Knowledge in the mortgage industry a plus


EMPLOYMENT

As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation.

Fannie Mae is an Equal Opportunity Employer.

A little about us:
We’re leading the way to provide safe, affordable, and reliable credit, so people across the U.S. have opportunities to buy, refinance, or rent homes.

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