Job Information
FANNIE MAE Lead Internal Auditor - Capital Markets (Flexible Hybrid) in Plano, Texas
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 controls
Work 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 equivalent
Master's and/or MBA, preferred
Educational focus on finance, accounting, and/or business administration
Professional certification, such as CPA, CIA, CIDA, FRM, PRM, CFA, preferred
Understand audit process (planning, fieldwork, and reporting)
Demonstrate an understanding of the Money Markets: Agency Securities, Treasury Bills, Repurchase Agreements, Fed Funds
Demonstrate an understanding of Capital Market Classification, Primary Market, Secondary Market
Demonstrate an understanding of Fixed Income Securities: Treasury Bond, Agency Bonds, Mortgage Backed Securities
Demonstrate an understanding of the derivatives instruments (Swaps, Forwards, Futures, Options), categories (Option and forward type contracts), Exchange Traded and Over the Counter
Demonstrate an understanding of hedging theory (hedge constructing, long vs short) and related strategies to manage risks
Demonstrate an understanding of the Mortgage Pass Through Securities including related risks such as negative convexity, Yield Uncertainty, prepayment speed estimates
Demonstrate 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 Management
Demonstrate 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 risk
Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
Experience gathering accurate information to explain concepts and answer critical questions
Strong written and verbal communication skills
Experience analyzing data to identify trends or relationships to inform conclusions about the data
Tools
Skilled in TeamMate for audit solutions
Skilled in Excel
Skilled in Microsoft Teams
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 careers_mailbox@fanniemae.com.
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