Audit Director for Treasury and Capital Markets

The Audit Director for Treasury and Capital Markets is responsible for leading internal audit functions within Fannie Mae's Treasury and Capital Markets division. This position requires extensive experience in internal audit or risk management, particularly in financial services, along with strong leadership and stakeholder engagement skills.

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 home ownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

In this compelling leadership position, the Audit Director for Treasury and Capital Markets will lead and oversee internal audit coverage for Fannie Mae’s Treasury and Capital Markets division, including pricing, trading, credit risk transfers, structured transactions, and related oversight and support functions. This role ensures compliance with regulatory requirements, evaluates risk management practices, and provides strategic insights to senior leadership to strengthen governance and control frameworks.

This role also encompasses auditing treasury operations, ensuring robust control over liquidity management, funding, and balance sheet management.

The Audit Director for Treasury and Capital Markets role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• Develop and execute a risk-based audit plan for treasury and capital markets activities, including pricing, hedging, structured transactions, credit risk transfers, interest rate risk management, liquidity risk management, and related activities.
• Oversee planning, fieldwork, and reporting for audits, ensuring adherence to professional standards and internal policies.

• Conduct continuous risk monitoring and maintain an up-to-date risk profile for the Treasury and Capital Markets division.
• Identify emerging risks and recommend proactive control enhancements.
• Ensure a solid understanding of the key controls in place to prevent or detect unauthorized trading.
• Develop an audit approach to review front, middle, and back-office controls, including valuation, settlement, and risk limit framework development and monitoring.

• Build and maintain strong relationships with senior business leaders, regulators, and external auditors.
• Communicate audit findings and recommendations clearly and effectively to executive management.

• Lead and mentor a team of audit professionals, fostering a culture of excellence and continuous improvement.
• Provide coaching and career development opportunities to team members.

• Stay current on regulatory developments (SEC, FINRA, CFTC, FHFA, etc.) and industry best practices impacting treasury and capital markets.
• Ensure audit methodologies align with IIA Standards and applicable regulatory guidance.

• 8 years of experience in internal audit or risk management within financial services, with significant exposure to complex treasury and capital markets activities (i.e. investment banking).
• Deep understanding of trading products, market risk, credit risk, and operational risk in capital markets and treasury activities.
• Strong leadership, communication, and stakeholder management skills.
• Ability to influence senior leaders and drive change across complex organizations.
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