Audit Associate
Freddie Mac
McLean, VA0–2 yrs3d agovia LinkedIn
Position Overview
Freddie Mac is seeking an Audit Associate for the Counterparty Risk & Compliance (CRC) group’s Audit team. This role involves performing operational audits of Freddie Mac’s Multifamily Seller/Servicers to assess compliance with contractual requirements and operational risks.
Key Responsibilities
- Analyze and test Seller/Servicer compliance with the Multifamily Seller/Servicer Guide and governing securitization documents in areas including:
- Overall Control Environment
- Underwriting
- Loan Administration
- Asset Management
- Accounting
- AML, OFAC, and Fraud
- Assist Audit Leads with discussions with Freddie Mac Partners and Business Units regarding customer attributes and potential shortfalls.
- Complete test work within predetermined timeframes.
- Identify areas where Seller/Servicers can strengthen controls and improve processes.
- Support ongoing monitoring of operational risks posed to Freddie Mac by the Seller/Servicer network.
Qualifications
- Bachelor’s degree in a business-related field (Finance, Accounting, Real Estate, etc.) or a non-business-related field that required critical thinking skills (e.g., Psychology).
- 0-2 years of experience in commercial real estate.
- Proficiency with Microsoft Office products, especially Excel and Word.
- Proven track record to work accurately and timely on projects with specific and measurable due dates and goals.
Keys to Success in this Role
- Strong written and verbal communication skills with strong attention to detail.
- Ability to prioritize and be self-directed.
- Excellent critical thinking skills.
- Strong organizational and time management skills.