Compliance Controls Testing - Senior Associate

At Fannie Mae, we are looking for a highly motivated and experienced Senior Associate to join our Compliance Controls Testing team. The ideal candidate should possess an understanding of the compliance, regulatory, and operational risks related to the financial services industry, and have a passion for ensuring that our organization meets the highest standards of compliance. The Senior Associate will work closely with our Compliance and Business teams to assess our control environment and identify opportunities for improvement. To be successful in this role, the Senior Associate must have a minimum of five years of experience in compliance, internal audit, or related fields and have a bachelor’s degree in accounting, finance, business, or another related field. Furthermore, the candidate should have excellent analytical and critical thinking skills to help identify and address any compliance risks. An individual with strong organizational and communication skills, who enjoys working collaboratively to solve complex regulatory challenges, is the ideal candidate. We look forward to welcoming an enthusiastic and driven individual to our team. If you are interested in joining our dedicated Compliance team and think you possess the necessary qualifications, please apply today!

Responsibilities:

1. Analyze and evaluate our organization’s compliance, regulatory, and operational risks.
2. Work closely with Compliance and Business teams to assess control environment and identify opportunities for improvement.
3. Develop and implement processes and procedures to strengthen the organization’s compliance posture.
4. Monitor and review new and existing regulations to ensure compliance.
5. Prepare and present reports to management on compliance-related matters.
6. Analyze and evaluate internal audit and risk management processes.
7. Serve as a subject matter expert on compliance-related matters.
8. Identify and address potential compliance risks.
9. Collaborate with other departments to ensure compliance with internal policies and procedures.
10. Maintain up-to-date knowledge of relevant laws, regulations, and industry best practices.

According to JobzMall, the average salary range for a Compliance Controls Testing - Senior Associate in Washington, DC, USA is $81,400 - $99,600. This salary range is based on salaries reported by JobzMall users who have the job title "Compliance Controls Testing - Senior Associate" in Washington, DC, USA.

The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise and, since 1968, a publicly traded company. It engages in the provision of access to affordable mortgage credit and indirectly enables families to buy, refinance or rent homes. It operates through the following segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets.