Fannie Mae Careers

Vice President, Deputy Chief Audit Executive - Strategic Solutions & Innovation

Washington, District of Columbia

Job Description


Fannie Mae provides reliable, large-scale access to affordable mortgage credit in communities across our nation. We are the leading source of funding for housing in America, which means more people can buy or rent a home. We are focused on sustaining the housing recovery, improving our company, and leading change to make housing better.
Join our diverse, high-performing team and make a difference as we work together to enable access to a good home.
For more information about Fannie Mae, visit

Overview of Job / Management and Reporting Structure

The VP, Deputy Chief Audit Executive-Strategic Solutions & Innovation reports to the SVP & Chief Audit Executive and is accountable for a team of internal audit professionals supporting our professional practices, strategic planning, analytics and administrative functions.  The Deputy CAE will be specifically focused on strategic commitments around innovation, methodology, quality, and talent enhancement of the Internal Audit function.  As one of the executives in the third line of defense, this individual will have responsibility and accountability for directing these functions to support delivery of best-in-class, value-added assurance and advisory services across the enterprise.  Working collaboratively with Internal Audit business-line Audit executives, she/he will take a significant leadership role in managing the annual audit plan, driving the strategy, enhancing audit quality, developing talent, being agile, embracing innovation, and promoting the Fannie Mae Internal Audit brand.

Key Job Functions & Duties

Responsibilities include:

  • Manage a team of audit professionals to execute projects in conformance with professional, regulatory and department standards, budgets and deadlines using a flexible resourcing strategy, optimizing the use of highly-qualified professional staff and third-party resources.
  • Support the Chief Audit Executive with Audit Committee matters and meetings as necessary to present and discuss Internal Audit’s point of view on keys risks and relevant audit and advisory project results.
  • Drive the implementation of audit methodology and quality assurance programs to increase audit execution effectiveness and quality.
  • Drive implementation of the Internal Audit strategic plan.
  • Investigate and integrate disruptive audit technologies to increase efficacy of audit methodology, innovation, and quality assurance such as RPA, Machine Learning, Artificial Intelligence, and other emerging technologies.
  • Manage and coordinate the data and analytics subject matter experts to deliver a collaborative audit approach while continuing to explore innovative ways improve delivery and reporting
  • Manage Internal Audit’s relationships with the company's primary regulator and coordinate related regulatory and stakeholder Internal Audit reporting.
  • Manage Fannie Mae oversight/support responsibilities to Common Securitization Solutions (CSS) for audit quality requirements and additional Audit Committee reporting responsibilities as it relates to CSS
  • Keep up-to-date on current developments, industry best practices, and regulatory requirements and assess potential implications to the enterprise and the internal audit function.
  • Support Audit leadership in the recruitment, coaching, development and retention of high-performing teams and the definition of our talent strategy to build ‘The Auditor of the Future’.
  • Recognize and capitalize on the unique position of the Internal Audit function to provide value–added insights on risk, controls and operations by leveraging innovative audit approaches and technology.
  • Manage special reviews at the request of the Chief Audit Executive, senior management, and the Audit Committee.


Minimum Education/Certification:

  • BA/BS required, MA Preferred
  • Concentration in Finance, Accounting and/or business related required
  • Current professional certification in auditing or accounting required – Certified Public Accounting and/or Certified Internal Auditor

Minimum Experience Required:

  • 10+ years of combined experience with a Big Four accounting firm and/or internal audit department of a complex organization
  • At least 5 years in a leadership or executive role within a financial services organization, preferably in Finance, Risk Management or Internal Audit.

Type of Experience Preferred: 

  • Demonstrated experience and ability to build, develop and motivate teams to execute strategy and goals to achieve desired results.
  • Relevant work within financial services and understanding of the mortgage finance industry (Commercial and Residential), including significant exposure to housing financing, real estate securitization, and capital markets products and services.
  • Relevant work within financial services, capital markets, insurance, or regulatory organization in an audit, risk measurement, management or oversight capacity, involving advanced modeling and analytics.  Demonstrated ability to function effectively in this role in large and complex organization.
  • Understanding of Data & Analytics support, structured mortgage products, related economic principles to the secondary mortgage market, and public policy issues.
  • Substantive and frequent experience in dealing with senior business management, regulators and other industry bodies.
  • Demonstrated knowledge or experience in managing efforts or teams relating to emerging data and auditing technologies.
  • Demonstrated ability to lead or play a major role in taking an organization through significant change while maintaining accountability for progress and completion of required duties.
  • Experience in a highly dynamic environment undergoing change.
  • Excellent written and oral communication and presentation skills to clearly frame and interpret issues.
  • Experience working in a highly regulated financial services firm with Sarbanes-Oxley requirements

Strategic Mindset

Seeing ahead to future possibilities and translating them into breakthrough strategies.  Formulates a clear strategy and maps the aggressive steps that will clearly accelerate the organization toward its strategic goals

Manages Ambiguity

Operating effectively, even when things are not certain or the way forward is not clear. Makes significant progress and remains calm and composed, even when things are uncertain. Deals constructively with problems that do not have clear solutions or outcomes.

Builds Effective Teams

Building strong identity teams that apply their diverse skills and perspective to achieve common goals. Develop teams through: establishing a culture of trust and transparency to enable effective coaching relationships; providing coaching; creating learning opportunities; building competence; exchanging feedback; and advising.


Decision Quality

Making good and timely decision that keep the organization moving forward.


Cultivates Innovation

Creating new and better ways for the organization to be successful. Communicating the case for change, interpreting voice of the customer, and linking strategy to individual goals. Making decisions based on customer value and careful risk considerations, even if those decisions are difficult. Using solutions-focused inquiries to challenge colleagues and hold others accountable.


Drives Vision & Purpose

Painting a compelling picture of the vision and strategy that motivates others to action.


Optimizes Work Process

Knowing the most effective and efficient process to get things done, with a focus on continuous improvement. Employing “go-and-see” observation tactics to understand system health, actively discuss insights, and inform perspectives for collaborative problem solving with team.


Ensures Accountability

Holding self and others accountable to meet commitments. Encouraging and supporting teams in taking responsibility while setting challenging goals for self and team. Setting and revising metrics and targets to create more transparency and certainty around accountability for expected results.


Fannie Mae's compensation and benefits package is very competitive. It is designed to help employees meet varying needs throughout their careers and to reward employee's skills, expertise, and potential.

Fannie Mae is an equal employment opportunity employer and considers qualified applicants for employment without regard to race, gender, age, color, religion, national origin, marital status, disability, sexual orientation, or any other protected factor.

As a condition of employment with Fannie Mae, any successful job applicant will be required to successfully complete a background investigation. 

Req ID: 54591