Company Description

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.
 

Job Description

As a valued colleague on our team, you will provide expert advice on examining and analyzing accounting and operational records; determine financial status, efficiency, and effectiveness of operating and reporting procedures.

THE IMPACT YOU WILL MAKE

The Lead Internal Auditor - Capital Markets 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:

Collaborate with business partners to assess the process risks and controlsWork closely with team members to develop strategies and methodologies to assess design of the controls and operating effectiveness.Develop conclusions based on outcome of work and data to provide recommendations and support business partners in achieving their objectives.

 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience 

4 years of relevant experience

Desired Experience

Bachelor's degree or equivalentMaster's and/or MBA, preferredEducational focus on finance, accounting, and/or business administrationProfessional certification, such as CPA, CIA, CIDA, FRM, PRM, CFA, preferredUnderstand audit process (planning, fieldwork, and reporting)Demonstrate an understanding of the Money Markets: Agency Securities, Treasury Bills, Repurchase Agreements, Fed FundsDemonstrate an understanding of Capital Market Classification, Primary Market, Secondary MarketDemonstrate an understanding of Fixed Income Securities: Treasury Bond, Agency Bonds, Mortgage Backed SecuritiesDemonstrate an understanding of the derivatives instruments (Swaps, Forwards, Futures, Options), categories (Option and forward type contracts), Exchange Traded and Over the CounterDemonstrate an understanding of hedging theory (hedge constructing, long vs short)  and related strategies to manage risksDemonstrate an understanding of the Mortgage Pass Through Securities including related risks such as negative convexity, Yield Uncertainty, prepayment speed estimatesDemonstrate an understanding of Structured Finance, such as Credit Risk Transfer, Collateralized Mortgage Obligations (CMO)Demonstrate an understanding of Risk Management (Liquidity Risk Management, Interest Rate Risk Management), Performance Reporting, Asset and Liability ManagementDemonstrate an understanding of Trading Infrastructure including but not limited to trading function, portfolio management, trade settlement

Skills

Risk assessment and management skills including evaluating and designing controls, conducting impact assessments, identifying control gaps, and remediating riskSkilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understandExperience gathering accurate information to explain concepts and answer critical questionsStrong written and verbal communication skillsExperience analyzing data to identify trends or relationships to inform conclusions about the data

Tools

Skilled in TeamMate for audit solutionsSkilled in ExcelSkilled in Microsoft Teams

Additional Information

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.