Audit Associate

Freddie Mac

1d

About The Position

Freddie Mac is seeking an Audit Associate for its Counterparty Risk & Compliance (CRC) group’s Audit team. This role requires a self-motivated critical thinker with a passion for multifamily real estate and strong analytical and interpersonal skills. The Audit Team performs annual operational audits of Freddie Mac’s Multifamily Seller/Servicers to assess their compliance with contractual eligibility, loan origination, and loan servicing requirements, as well as to evaluate operational risks posed by the Seller/Servicer network. As an Audit Associate, you will analyze and test Seller/Servicers' compliance with the Multifamily Seller/Servicer Guide and governing securitization documents in areas such as Overall Control Environment, Underwriting, Loan Administration, Asset Management, Accounting, and AML, OFAC and Fraud. You will also assist Audit Leads with discussions with Freddie Mac Partners and Business Units regarding customer attributes and potential shortfalls, ensuring test work is completed within predetermined timeframes. Your contributions will help identify areas for Seller/Servicers to strengthen controls and improve processes, supporting the team's ongoing monitoring of operational risks.

Requirements

• Bachelor’s degree in a business-related discipline (Finance, Accounting, Real Estate, etc.)
• 0-2 years of experience in commercial real estate
• Proficiency with Microsoft Office products, especially Excel and Word
• Demonstrated ability to work accurately and timely on projects with specific and measurable due dates and goals
• Strong written and verbal communication skills with strong attention to detail
• Ability to prioritize and be self-directed
• Excellent critical thinking skills
• Strong organizational and time management skills

Responsibilities

• Analyze and test each Seller/Servicer’s compliance with the Multifamily Seller/Servicer Guide and governing securitization documents in the following areas: Overall Control Environment, Underwriting, Loan Administration, Asset Management, Accounting, and AML, OFAC and Fraud.
• Assist Audit Leads with open discussions with Freddie Mac Partners and Business Units regarding specific customer attributes and potential shortfalls.
• Complete test work within predetermined timeframes.
• Identify areas where Seller/Servicers can strengthen their controls and improve their processes.
• Support the team’s ongoing monitoring of operational risks posed to Freddie Mac by our Seller/Servicer network.

Benefits

• Competitive compensation
• Market-leading benefit programs
• Eligible to participate in the annual incentive program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees