Audit Product Owner - Principal

Fannie Mae • Washington, DC

3d • $175,000 - $239,000 • Hybrid

About The Position

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. As a valued contributor to our Internal Audit team, you will advise the team on processes and methods for building, developing, or designing functionality for Audit AI, Analytics and Data products, as well as create processes and procedures for the ongoing implementation, enhancement, or maintenance of existing products.

Requirements

• 8 years of experience in product ownership/product management leading audit transformation, strategy and governance.
• 6 years of Audit experience in Big 4 or internal audit functions.
• Strong written and verbal communication skills, including the ability to explain complex audit, risk, data, AI governance, system, and operational concepts clearly to business, technology, regulatory and leadership stakeholders.
• Advanced business analysis skills, including elicitation, requirements decomposition, stakeholder interviews, workshop facilitation, traceability, gap analysis, and impact assessment.
• Proven experience converting strategic objectives and governance requirements into clear functional and non-functional requirements, user stories, acceptance criteria, features, epics, controls, and development specifications.
• Experience establishing or managing governance routines, controls, OKRs, operational metrics, executive reporting, stakeholder forums, and escalation paths to drive well-managed product outcomes.
• Experience working with cross-functional teams, including Audit SMEs, data and analytics teams, technology leads, model owners and users, operations, risk, compliance, and Audit practices partners.
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.

Nice To Haves

• Bachelor's Degree or equivalent; Accounting, Finance, Business, Information Systems, Data Analytics, or a related field preferred.
• Expertise in Audit and deep understanding of audit methodology.
• Expertise leading and supervising audit engagements, with a demonstrated ability to assess audit execution, evidence, documentation, and deliverables for alignment with audit methodology and quality standards.
• Expertise in Generative AI product governance and change management.
• Experience managing budget, financials, and contractors / vendors.
• Risk and compliance stakeholder management.
• Technical acumen in AI platforms.

Responsibilities

• Serve as a Product Owner for Audit AI, Analytics, and Data products; accountable for Product definition, requirements, delivery, governance, and adoption.
• Lead discovery sessions with Audit, risk, compliance, model, data, technology, and business stakeholders to identify user needs, automation / analytics objectives, data needs, system impacts, and product opportunities.
• Define, refine, and maintain the product vision, roadmap, Program Increment (PI) plan, and prioritized backlog in alignment with Audit strategy, AI governance expectations, data and tool standards, customer outcomes, and technology strategy.
• Write detailed features, user stories, acceptance criteria, development specifications, data requirements, process requirements, control requirements, and implementation notes for engineering and testing teams.
• Lead and document Lean Business Cases and value realization for Audit AI and analytics initiatives, including benefits, costs, data needs, dependencies, assumptions, risks, controls, and traceability.
• Create and document current-state and future-state process flows, decision flows, system interaction flows, data movement flows, governance routines, and system state transition diagrams.
• Monitor product performance, strategic objectives and key results, stakeholder feedback, release readiness, training needs, and adoption outcomes to drive continuous product enhancement and well-managed innovation.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal