Audit Director for Treasury and Capital Markets

About the role

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.

Responsibilities

• Audit Leadership: Develop and execute a risk-based audit plan for treasury and capital markets activities, including pricing, hedging, structured transactions, credit risk transfers, interest rate risk management, liquidity risk management, and related activities. Oversee planning, fieldwork, and reporting for audits, ensuring adherence to professional standards and internal policies.
• Risk and Control Assessment: Conduct continuous risk monitoring and maintain an up-to-date risk profile for the Treasury and Capital Markets division. Identify emerging risks and recommend proactive control enhancements. Ensure a solid understanding of the key controls in place to prevent or detect unauthorized trading. Develop an audit approach to review front, middle, and back-office controls, including valuation, settlement, and risk limit framework development and monitoring.
• Stakeholder Engagement: Build and maintain strong relationships with senior business leaders, regulators, and external auditors. Communicate audit findings and recommendations clearly and effectively to executive management.
• Team Management: Lead and mentor a team of audit professionals, fostering a culture of excellence and continuous improvement. Provide coaching and career development opportunities to team members.
• Regulatory and Industry Expertise: Stay current on regulatory developments (SEC, FINRA, CFTC, FHFA, etc.) and industry best practices impacting treasury and capital markets. Ensure audit methodologies align with IIA Standards and applicable regulatory guidance.

Requirements

• 8 years of experience in internal audit or risk management within financial services, with significant exposure to complex treasury and capital markets activities (i.e., investment banking).
• Deep understanding of trading products, market risk, credit risk, and operational risk in capital markets and treasury activities.
• Strong leadership, communication, and stakeholder management skills.
• Ability to influence senior leaders and drive change across complex organizations.
• Experience interacting directly with regulators.
• People leadership experience, including direct management or supervision of a team.
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.
• Professional certification (e.g., CIA, CPA, or equivalent) or expected within a defined timeframe.
• Bachelor's degree or equivalent experience.

Qualifications

• Education: Bachelor's Level Degree (