Audit Product Owner - Principal

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Job Description

As a valued contributor to our Internal Audit team, you will advise the team on processes and methods for building, developing, or designing functionality for Audit AI, Analytics and Data products, as well as create processes and procedures for the ongoing implementation, enhancement, or maintenance of existing products.

THE IMPACT YOU WILL MAKE

The Audit Product Owner - Principal 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:

• Serve as a Product Owner for Audit AI, Analytics, and Data products; accountable for Product definition, requirements, delivery, governance, and adoption.

• Lead discovery sessions with Audit, risk, compliance, model, data, technology, and business stakeholders to identify user needs, automation / analytics objectives, data needs, system impacts, and product opportunities.

• Define, refine, and maintain the product vision, roadmap, Program Increment (PI) plan, and prioritized backlog in alignment with Audit strategy, AI governance expectations, data and tool standards, customer outcomes, and technology strategy.

• Write detailed features, user stories, acceptance criteria, development specifications, data requirements, process requirements, control requirements, and implementation notes for engineering and testing teams.

• Lead and document Lean Business Cases and value realization for Audit AI and analytics initiatives, including benefits, costs, data needs, dependencies, assumptions, risks, controls, and traceability.

• Create and document current-state and future-state process flows, decision flows, system interaction flows, data movement flows, governance routines, and system state transition diagrams.

• Monitor product performance, strategic objectives and key results, stakeholder feedback, release readiness, training needs, and adoption outcomes to drive continuous product enhancement and well-managed innovation.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• 8 years of experience in product ownership/product management leading audit transformation, strategy and governance.

• 6 years of Audit experience in Big 4 or internal audit functions.

• Strong written and verbal communication skills, including the ability to explain complex audit, risk, data, AI governance, system, and operational concepts clearly to business, technology, regulatory and leadership stakeholders.

• Advanced business analysis skills, including elicitation, requirements decomposition, stakeholder interviews, workshop facilitation, traceability, gap analysis, and impact assessment.

• Proven experience converting strategic objectives and governance requirements into clear functional and non-functional requirements, user stories, acceptance criteria, features, epics, controls, and development specifications.

• Experience establishing or managing governance routines, controls, OKRs, operational metrics, executive reporting, stakeholder forums, and escalation paths to drive well-managed product outcomes.

• Experience working with cross-functional teams, including Audit SMEs, data and analytics teams, technology leads, model owners and users, operations, risk, compliance, and Audit practices partners.

• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.

Desired Experiences

• Bachelor's Degree or equivalent; Accounting, Finance, Business, Information Systems, Data Analytics, or a related field preferred.

• Expertise in Audit and deep understanding of audit methodology.

• Expertise leading and supervising audit engagements, with a demonstrated ability to assess audit execution, evidence, documentation, and deliverables for alignment with audit methodology and quality standards.

• Expertise in Generative AI product governance and change management.

• Experience managing budget, financials, and contractors / vendors.

• Risk and compliance stakeholder management.

• Technical acumen in AI platforms.

Internal Audit – Product Management - Principal

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Qualifications

Education:

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For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:

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