Principal – Multifamily Credit Risk Internal Audit

Job Description

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. 

Qualifications

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