Internal Audit Operations Lead Associate

Fannie Mae • Reston, VA

1d • $109,000 - $142,000 • Hybrid

About The Position

As a valued colleague on Fannie Mae’s Internal Audit Operations audit team, the Internal Audit Operations Lead Associate leads and executes risk-based internal audits across the organization. The role evaluates the effectiveness of internal controls, risk management practices, and governance processes, and provides oversight throughout the audit lifecycle. It supports compliance with regulatory requirements, corporate policies, and industry standards while identifying opportunities to improve operational efficiency and mitigate risks. The role also supervises and mentors audit team members and works with business leaders, risk management teams, and senior management to communicate audit findings and recommendations.

For most roles, employees are expected to work onsite regularly at their designated office location. The in-office cadence is determined by the manager. Proximity within a reasonable commute to the designated office is preferred unless the position is noted as open to remote.

Requirements

• At least 4 years of audit experience.
• Knowledge of the audit lifecycle, including planning, design assessment, operating effectiveness testing, reporting, and issue monitoring.
• Prior experience leading a team of auditors and reviewing audit materials.
• Strong critical-thinking and analytical skills to evaluate risks, controls, business processes, and data sets.
• Strong written and verbal communication skills, including the ability to clearly document and share audit results.
• Ability to collaborate effectively with business partners, audit team members, and management.
• Curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence.
• Bachelor’s degree or equivalent; the Qualifications section specifies a bachelor's-level degree.

Nice To Haves

• Audit experience within the financial services or mortgage industry.
• CIA, CPA, or CISA certification, or being in the process of obtaining one.

Responsibilities

• Lead end-to-end audit engagements, including risk assessments, audit planning, control testing, documentation, and reporting.
• Evaluate the design and operating effectiveness of internal controls, identify control deficiencies, and recommend corrective actions.
• Supervise and mentor audit team members, review workpapers, and ensure engagements meet quality standards and deadlines.
• Assess adherence to applicable regulatory requirements, internal policies, and established risk management frameworks.
• Collaborate with business leaders, risk management teams, and senior management to communicate audit findings and recommendations.

Benefits

• Broad range of health, life, voluntary lifestyle, and other benefits and perks supporting physical, mental, emotional, and financial well-being.
• Eligible to participate in a Fannie Mae incentive program, subject to its terms.

What This Job Offers

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