J. Douglas “Doug” Watt is Fannie Mae’s Senior Vice President and Chief Audit Executive. Reporting to the Chair of the Audit Committee of the Board of Directors, as well as to the President and Chief Executive Officer, he is responsible for all internal audit activities throughout the company, including internal controls and operational processes.
Watt has 35 years of audit experience. Before joining Fannie Mae in July 2016, he was Managing Director and Audit Executive for the Americas at GE Capital. In that position, he oversaw the internal auditing of GE Capital’s North American commercial lending and leasing businesses and helped lead the audit function’s critical regulatory initiatives. Prior to that, Watt served as Vice President – Bank Audit Group at Capital One, where he led the retail bank and commercial bank audit teams. Before that, he was a partner in the Banking and Capital Markets practice at PricewaterhouseCoopers LLP.
Watt has a bachelor of business administration in accounting from Pace University’s Lubin School of Business.