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Fannie Mae
Fannie Mae

Internal Audit Associate

RoleFinance
LevelEntry
LocationWashington; Reston; Plano
WorkOn-site
TypeFull-time
Posted1 week ago
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Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description:

As a valued colleague on our team, you will support the execution of risk-based internal audits with a primary focus on single-family and multifamily operations, capital markets back-office functions, and payment processing activities. This role assists in evaluating the effectiveness of internal controls, operational efficiency, regulatory compliance, and risk management practices across business and support functions.

THE IMPACT YOU WILL MAKE

The Internal Audit 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:

  • Perform audit fieldwork, including process walkthroughs, control testing, data analysis, and issue documentation.
  • Apply data analytics techniques to identify trends, anomalies, and potential control gaps using large datasets.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience:

  • Curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work
  • Strong communication skills

Desired Experience:

  • Bachelor’s degree or equivalent
  • Strong analytical skills, attention to detail, and the ability to interpret data

Operations – Internal Audit – Associate

#- Hybrid

Qualifications:

Education:

Bachelor's Level Degree:

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. 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.

Requisition compensation:

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About Fannie Mae

Fannie Mae

Fannie Mae is a government-sponsored enterprise that purchases mortgages from lenders and securitizes them into mortgage-backed securities. The company operates in the secondary mortgage market to provide liquidity and stability to the U.S. housing finance system.

5,001-10,000

Employees

Washington

Headquarters

Reviews

10 reviews

3.8

10 reviews

Work-life balance

4.0

Compensation

2.5

Culture

4.2

Career

2.8

Management

3.9

68%

Recommend to a friend

Pros

Supportive management

Good work-life balance and flexibility

Job security and stability

Cons

Low/uncompetitive compensation

Limited advancement opportunities

Heavy workload and long hours

Salary Ranges

0 data points

Junior/L3

Mid/L4

Principal/L7

Senior/L5

Junior/L3 · Data Scientist

0 reports

$113,650

total per year

Base

-

Stock

-

Bonus

-

$96,402

$130,898

Interview experience

4 interviews

Difficulty

3.0

/ 5

Interview process

1

Application Review

2

Recruiter Screen

3

Technical Phone Screen

4

Onsite/Virtual Interviews

5

Final Interview

6

Offer

Common questions

Technical Knowledge

Behavioral/STAR

Past Experience

Coding/Algorithm

Culture Fit