Risk and Audit Program Manager

Pennsylvania Housing Finance Agency; Harrisburg, Northern (Dauphin County, KY); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Welcome Home culture

Diversity and inclusion programs

Job summary

Pennsylvania Housing Finance Agency is seeking a Risk and Audit Program Manager to design and maintain an agency-wide risk framework, lead risk-based internal audits, and assess compliance across HUD, GSE, and state housing regulations. The role oversees risk assessment for single-family and multifamily programs, ensures effective controls, and reports to executive leadership and the Board.

A strong background in risk, audit, and leadership is required.

Qualifications

• Bachelor's degree required; finance, accounting, business, public administration, or JD preferred.
• 7+ years of progressive experience in risk management, internal audit, or compliance, with at least 3 years in a supervisory role.
• Experience in finance across single-family and multifamily programs or public finance.
• Working knowledge of HUD, GSE, and/or state housing finance regulatory frameworks.
• Experience building or managing enterprise risk frameworks (COSO ERM or similar).

Responsibilities

• Design, implement, and refine an enterprise-wide risk framework for agency operations, programs, and lines.
• Plan and execute risk-based internal audits with scoping, fieldwork, and reporting.
• Assess controls across lending, servicing, finance, IT, and compliance functions; identify gaps and drive remediation.
• Assess compliance risks with HUD, GSEs, and state housing regulations; monitor regulatory changes.
• Perform risk assessments across single- and multifamily programs to identify vulnerabilities.
• Prepare risk and audit reports for executive leadership and governance committees; maintain audit trails.

Skills

Risk management

Internal audit

Compliance

Regulatory knowledge

COSO ERM

Vendor risk management

Data analysis

Leadership

Education

Bachelor's degree in Finance, Accounting, Business Administration, Public Administration, or a JD

Job description

## Risk and Audit Program ManagerApply: Harrisburg, PA: Full time: Posted 2 Days Ago: JR317It's fun to work in a company where people truly BELIEVE in what they're doing!*We're committed to bringing passion and customer focus to the business.*# **Job Description****Key Responsibilities****Enterprise Risk Framework**Design, implement, and continuously refine an enterprise-wide risk mitigation framework covering all agency operations, programs, and business lines.Develop and maintain a risk taxonomy and risk register in partnership with executive leadership. Establish key risk indicators (KRis) and reporting dashboards to monitor emerging risks in real time.**Internal Audit & Controls**Plan and execute a risk-based internal audit program, including scheduling, scoping, fieldwork, and reporting.Evaluate the design and operating effectiveness of internal controls across lending, servicing, finance, IT, and program compliance functions.Identify control gaps and partner with business unit leaders to develop corrective action plans; track remediation to closure.**Regulatory & Program Compliance Risk**Assess risks related to compliance with HUD, GSE (Fannie Mae/Freddie Mac), state housing finance regulations, bond covenants, and applicable federal/state fair lending and consumer protection laws.Monitor changes in regulatory requirements and assess their impact on agency risk posture. Support external audits, regulatory examinations, and rating agency reviews.**Operational & Program Risk Assessment**Conduct periodic risk assessments across both single-family programs (homeownership lending, down payment assistance, mortgage servicing) and multifamily programs (loan underwriting, construction/permanent financing, asset management, rental assistance, bond issuance) to identify vulnerabilities.Evaluate credit risk exposure and underwriting quality across the single-family and multifamily loan portfolios.Evaluate third-party and vendor risk, including single-family mortgage servicers and originating lenders, multifamily loan servicers and property management agents, and contracted program administrators.Assess fraud risk and support investigations as needed across both business lines.**Reporting & Governance**Prepare risk and audit reports for executive leadership, the Board, and/or Audit/Risk Committees.Present findings, trends, and recommendations in clear, actionable formats for both technical and non-technical audiences.Maintain documentation supporting audit trails, risk assessments, and control testing in accordance with professional standards (e.g., IIA Standards).**Culture & Training**Promote a strong risk-aware culture across the agency through training, policy development, and cross-departmental collaboration.Serve as a subject matter resource to program and operations staff on risk identification and mitigation best practices.Bachelor's degree in Finance, Accounting, Business Administration, Public Administration, or a JD (Master's degree preferred).7+ years of progressive experience in risk management, internal audit, or compliance, with at least 3 years in a supervisory/managerial capacity.Experience finance strongly preferred, ideally spanning both single-family (mortgage banking, homeownership programs) and multifamily (affordable housing development, loan underwriting, asset management) business lines, or public finance more broadly.Working knowledge of HUD, GSE, and/or state housing finance agency regulatory frameworks. Demonstrated experience building or managing enterprise risk frameworks (COSO ERM or similar).# **Qualifications**Bachelor of Science, Experience (7-10 years)# **Experience**Experience (7-10 years)# **EEO Statement**As an employer, PHFA is committed to having a workforce that is diverse and reflects the residents that it serves. We strive to maintain a workplace where all employees and applicants for employment receive equal opportunities in all aspects of employment. There are numerous policies in place at PHFA to help us honor this commitment.The Pennsylvania Housing Finance Agency is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, disability, family status, gender, national origin, political affiliation, race or religion.# # **Diversity Statement**PHFA values, honors and commits to the equitable treatment and elimination of discrimination in all forms. We are committed to the diversity of all staff, and in all programs and services offered.### Our BenefitsEmpowering Our Employees for Success, Inside and Outside of Work!PHFA invests in its employees' physical health and financial well-being to help them reach their full potential in life by providing necessary support and resources to achieve greatness.### WELCOME HOME to our Agency of diversity, equality, and communityEquality is a core value of PHFA. We firmly believe that we are and will continue to be a powerful platform for social change, diversity and inclusion. We celebrate and value the differences of our employees, homeowners, and clients. We not only want to build homes and make them more affordable, we want to build bridges and two way streets. We want to strengthen and build up our employees allowing them to feel included and valued. To support this effort and create this environment, employees have the ability to engage in this process by sharing experiences and ideas. We strive to build and nurture a culture where we are not only allies but our reciprocal caring, respect and support for all our employees and customers is genuine. We want employees to feel pride and empowered knowing their experiences along with the ability to give voice to building our work environment and position in the community is not only an asset but appreciated. This is not just a statement but a culture. WELCOME HOME!