Director - Internal Audit Quantitative Modeling

Fannie Mae is looking for a highly motivated and innovative Director of Internal Audit Quantitative Modeling to join our team. The successful candidate will provide independent, objective assurance and consulting to evaluate and improve the effectiveness of risk management, control, and governance processes. This position requires a combination of strong technical expertise in quantitative modeling and financial operations understanding, excellent communication skills, and the ability to work independently and collaboratively.The ideal candidate will possess a Bachelor’s Degree in Finance, Accounting, Economics, or a related field as well as have at least 10 years of experience in internal audit, quantitative modeling, and financial operations. In addition, experience with financial institutions and/or public accounting is preferred. The candidate should have a strong working knowledge of risk management practices, regulatory compliance, and internal control framework. Furthermore, the candidate should have excellent interpersonal and communication skills, be highly organized, and demonstrate the ability to work independently and collaboratively in a team environment.

Responsibilities:

1. Provide independent and objective assurance and consulting services related to risk management, control, and governance processes.
2. Develop and maintain quantitative models to evaluate and improve the effectiveness of internal audit processes.
3. Utilize strong technical expertise and financial operations understanding to review and analyze data.
4. Keep abreast of industry trends and best practices related to internal audit, quantitative modeling, and financial operations.
5. Monitor regulatory compliance, internal control framework, and risk management practices.
6. Communicate effectively with various operational teams and stakeholders.
7. Prepare reports and present findings to executive management.
8. Work independently and collaboratively in a team environment.
9. Develop and maintain relationships with external auditors, regulators, and other stakeholders.
10. Develop and implement internal audit policies and procedures.

According to JobzMall, the average salary range for a Director - Internal Audit Quantitative Modeling in Washington, DC, USA is between $97,000 and $125,000. This range varies depending on the company's size, the sector they are in, and the individual's experience and qualifications.

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.