Description

Description

THE COMPANY

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America’s secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

For more information about Fannie Mae and our career opportunities, please visit www.fanniemae.com

The Staff Auditor will assist in completion of specific sections of the risk based audit plan for the Internal Audit division. Staff Auditors support audit teams in projects beginning with scope definition through the communication of results to customers in the business/support functions. Specific responsibilities include:

* Participate in audits of financial records, operating procedures and internal controls for assigned business units.
* Assist Senior Auditors or Team Leads in the identification and assessment of inherent risks and controls.
* Contribute to development of audit programs and test plans to evaluate the effectiveness of control activities.
* Develop comprehensive documentation of processes, audit procedures and testing analysis for assigned areas, ensuring compliance with department standards.
* Contribute to the escalation of audit issues, drafting written communications to the customer, as assigned.
* Establish productive working relationships with the customers during audit assignments.
* Work effectively in a team environment.
* Perform other duties and projects as assigned

Qualifications

* BA or BS degree in accounting, finance, technology, business or other related discipline required. Advance degree preferred.
* One or more years of public accounting, internal audit, technology or other related business experience preferred.
* Professional designation (e.g., CIA, CPA, CISA) preferred.
* Strong written and verbal communication skills; ability to present analysis and conclusions with clarity and professionalism.
* Developing knowledge of execution of audits in accordance with professional standards.
* Ability to work in a fast paced environment focusing on producing high quality results.

Required / Preferred Experience

* Knowledge of the mortgage or financial services industries a plus.
* Experience in one or more of the following is preferred:
* GAAP/accounting research and financial services related accounting, (e.g., securitization, impairments, amortization, fair value accounting, etc.).
* Assessment of financial models, including validation of key assumptions and understanding of models’ proper uses and limitations.
* Counterparty credit analysis and credit risk management practices
* Underwriting of Commercial Real Estate or Multifamily credit analysis

COMPENSATION

Fannie Mae is an Equal Opportunity Employer.

Fannie Mae’s compensation and benefits package is very competitive. It is designed to help employees meet varying needs throughout their careers and to reward employee’s skills, experience, and potential.

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, which may also include a credit check for positions in some areas of our business.

Job
4 – Professional
Primary Location
DC-Washington
Organization
Auditing
Schedule
Full-time
Job Type
Standard
Shift
Day Job
Employee Status
Regular
Relocation Available
No
Experience Level
2-Mid Level (4-7 Years)

http://fanniemae.taleo.net/careersection/10000/jobdetail.ftl?lang=en&job=177520

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