IT - Internal Audit - Senior Associate (Flexible Hybrid)

Target Hiring Range (1): 94000

Target Hiring Range (2): 122000

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

Our team of trusted audit professionals evaluates various aspects of Fannie Mae's business and IT environments. From complex business processes to cutting edge technologies, our audits cover a broad range of topics which provides a challenging environment with tremendous opportunities for personal growth.

Within IT Audit, our integrated team focuses on evaluating Fannie Mae's complex environment of business processes and the supporting technology and services. We conduct audits focused on highly visible topics from Finance, Single-Family, Multifamily, and Capital Markets to user access, change management, resiliency, cyber security, data management, and cloud technologies. Our team also focuses on supporting business audit teams with the planning, executing, and reporting the results of these business centric audits.

THE IMPACT YOU WILL MAKE

The IT - Internal Audit - Senior Associate 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:

• Apply specialized technical knowledge and expertise to perform reviews relating to the full IT life cycle of models, information technology applications, or risk management/analysis used across the company.
• Successfully perform all key job functions of the Staff IT Auditor 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 IT Audit Management.
• Provide day-to-day project management for assigned areas. Prepare high-quality work papers and other documentation, leveraging manager guidance as needed. Timely address work paper review comments.
• Assist with identifying risks and assessing the potential impact of risks on the organization; Follow a risk-based approach to execute audit plans as appropriate and suggest areas requiring additional analysis.
• Review process and procedure documentation to determine risks and the potential impact of risks to 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.
• Write audit issues, 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 Management and other Internal Audit teams.
• Provide advice and share Internal Audit knowledge with business partner managers and staff to strengthen governance, risk and control environments, as appropriate.
• Assist the audit team in creating regular points of view by compiling and analyzing relevant data.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 2 years

Desired Experiences

• Bachelor degree or equivalent
• Minimum 2 years IT Audit experience in a professional services firm or larger corporation
• Studying towards or having a CISA qualification is a distinct advantage.
• In-depth knowledge of various IT infrastructure, applications, and operating systems.
• In-depth knowledge of IT General Controls (ITGCs) scoping, defining audit approach (design assessment and operational effectiveness testing).
• Direct experience with conducting design walkthroughs and ITGC operational effectiveness testing.
• Understanding of secondary mortgage market is highly desirable.
• Experience with audit finding identification, documentation, and root cause analysis.
• Experience with risk analysis.
• Understanding of the relationship between the risk and the control.
• Proficient with audit exception follow up and exception resolution.
• Able to work effectively as individual or in group.
• Tableau & Power BI Desired.

Skills & Tools

• Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
• Governance and Compliance including creating policies, evaluating compliance, conducting internal investigations, developing data governance, etc.
• Experience gathering accurate information to explain concepts and answer critical questions.
• Information Retrieval including fact gathering, conducting focus groups and interviews, designing surveys, etc.
• Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data.
• Proficiency in Excel, Word, and PowerPoint.
• Experience with SQL or other scripting languages.
• Strong time management & critical thinking skills.
• Strong verbal and written communication.
• Strong collaboration skills.

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.