Senior Auditor (Capital Markets - Credit Risk Management)

FANNIE MAEThe Company Fannie Mae is a shareholder-owned company with a public mission. We exist 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 market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. In 2008, we mark our 70th year of service to America's housing market. 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 Senior Auditor will contribute to completion of a risk based audit plan, focusing on analysis of the credit risk functions in the Credit Risk Management sections for the Internal Audit division of the company. Senior auditors, under general direction, are key persons that support team leads in audit projects beginning with scope definition through the communication of results to customers in the business areas. They will work closely with senior management and business professionals within the Capital Markets and Chief Risk Office, as well as the Single Family and Multifamily business of Fannie Mae. Conduct audits of operating procedures and internal controls for the mortgage credit and counterparty risk management business areas and structured mortgage credit products. Assist team lead in the identification and assessment of inherent risks and controls. Develop audit programs to evaluate the effectiveness of control activities. Review and maintain comprehensive documentation of processes, audit procedures and testing analysis for the audit, ensuring compliance with department standards. Provide initial assessment of the relevancy of audit findings; identify potential risk exposures and their materiality, and spot trends. Support team lead in communication of audit issues and final results to the customer verbally and in written forms; may participate in writing portions of the final audit report. Work effectively in a team and may coordinate work assignments among team members as assigned. Establish productive working relationships with the customers during audit assignments. Coach and train associate and staff auditors in executing and documenting audit work and results. BA or BS degree in finance, economics, or other related discipline required. Advance degree preferred. Three or more years in public accounting, internal audit or other related business field. Professional designation preferred (i.e. CIA, CPA, CFE, CFA) Strong analytical and critical thinking skills. Strong written and verbal communication skills; ability to present analysis and conclusions with clarity and professionalism. Demonstrated proficiency in execution of audits in accordance with professional standards. Demonstrated ability to communicate across business lines, with all levels of management. Ability to work in a fast paced environment focusing on consistently producing high quality results.  Required / Preferred Experience  Three to five years of experience in credit analysis or related field; financial services company credit training preferred. A strong working knowledge of mortgage credit markets and counterparty credit analysis. Knowledge and experience in the mortgage industry a plus. COMPENSATION 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.  Fannie Mae is an equal employment opportunity employer and considers qualified applicants for employment without regard to race, gender, age, color, religion, national origin, marital status, disability, sexual orientation, or any other protected factor.  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 if the position is sensitive in nature.