Freddie Mac Work Values

Daily Duties at Freddie Mac:

•Report directly to Senior Vice President and General Auditor of Internal Audit Division with divisional budget of $36 million, 140 full time staff and 30-50 consultants. •Developed framework to establish Professional Practices Group within Internal Audit Division and built out the division through hiring full time professional staff •Enhanced quarterly Audit Committee Reporting for division •Created reporting for company committees and conduct ad-hoc reporting for Internal Audit senior leadership team •Developed robust weekly “Audit Plan Dashboard” reporting for division senior leadership team •Established mechanism to track $12-$19 million in consultant spend by project and department to facilitate meeting budget targets •Assigned as liaison for Federal Regulatory Agency (FHFA) on examinations of Internal Audit , and to provide audit plan progress, Audit Committee updates, and resolution of Matters Requiring Attention (MRA’s) •Facilitated process to enhance current policies and procedures to comply with the Institute of Internal Auditors Standards of Professional Practice and linked each policy to both performance and attribute standards •Created Internal Audit Division rotational assignment program •Enhanced Quality Assurance and Improvement Program to drive consistency in audit quality and to advance the division to best in class •Directed oversight of divisional annual compensation process including merits, incentive compensation, performance awards, premier achievement awards and crystal award •Developed divisional program to increase number of Certified Internal Auditors •Coordinated 2,000 hour cross-departmental annual risk assessment for development of the Annual Audit Plan for Internal Audit Division •Created cascading goals for division by role for 2009 and 2010 •Managed the divisional “Entity Level Controls” to ensure compliance with SOX 404 requirements •Implemented software upgrade to Governance, Risk and Compliance (GRC) audit software for work papers and to integrate Internal Audit issues into enterprise-wide database

What they like about Freddie Mac:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Internal Audit, Professional Practices, CPA, SAP

Skills

These are some of the questions we asked our climbers about their experiences with Freddie Mac: