Experience:
No experience
Employment Type:
Intern/Co-op
Posted:
10/20/2019
Job Category:
Accounting
Internal Audit Intern
(This job is no longer available)
Freddie Mac | Mc Lean, VA
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Job Description

Freddie Mac's Internal Audit Division (IAD) is currently seeking business and information technology (IT) audit interns to join our business and IT audit teams. Freddie's audit teams play a critical role in the company's approach to managing business and IT risk by providing independent, objective, and value-added assurance of risk management, governance, and controls. The interns will support IAD by assisting in defining the scope of audits, identifying key risks, and testing the operating effectiveness of relevant controls while working with seasoned IAD professionals.

Your Work Falls into Three Primary Categories:

Audit Execution

* Participating in meetings with process owners to understanding key risks and controls
* Preparing documentation which clearly describes the audit procedures performed, results of testing and conclusions reached for various processes
* Preparing and presenting audit findings and recommendations to management and business stakeholders
* Demonstrating an understanding of business processes, internal control risk management, and controls

Audit Issue Follow-up

* Assisting IAD professionals with the evaluation of the effectiveness of management's issue remediation
* Monitoring open issues and management's remediation

Intern Project

* Collaborating with other interns to compete an intern project assigned at the beginning of the internship

Qualifications

* Minimum cumulative 3.2 GPA
* Pursuing a bachelor's or master's degree in Accounting, Finance, Audit, Management Information Systems, Data Analytics, or Business Administration with an emphasis in Technology, Computer Science, Accounting Information Systems or related discipline
* Target graduation date Fall 2020 or Spring 2021

Keys to Success in this Role

* Must work well in a team-oriented environment as well as individually
* Must work creatively and analytically in a problem-solving environment
* Must demonstrate effective verbal and written communication and interpersonal skills

Top 3 Personal Competencies to Possess

* Growth and Development: Know or learn what is needed to deliver results and successfully compete
* Drive for Execution: Be accountable for strong individual and team performance
* Seek and Embrace Change: Actively support culture change initiatives

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

The hired candidate must be legally authorized to work in the United States without restriction. Freddie Mac does not intend to support hiring any students, exchange visitors, or recent graduates on F-1, J-1, or M-1 visas, or any individuals requiring sponsorship for an employment based visa application (such as H-1B) in connection with these openings.

About Freddie Mac

Freddie Mac is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multifamily mortgage-related securities for its mortgage-related investments portfolio. It also purchases multifamily residential mortgages in the secondary mortgage market and hold those loans either for investment or sale. Freddie Mac finances purchases of its mortgage-related securities and mortgage loans, and manages its interest-rate and other market risks, primarily by issuing a variety of debt instruments and entering into derivative contracts in the capital markets. The Company operates in three segments: Investments, Single-family Guarantee and Multifamily. (Source: 10-K)