Rusty Kerr
About Rusty Kerr
Rusty Kerr is an Operational Risk Manager at Fannie Mae in the Dallas/Fort Worth Area, with a background in risk management and governance.
Current Position at Fannie Mae
Rusty Kerr currently serves as an Operational Risk Manager at Fannie Mae in the Dallas/Fort Worth Area. In this role, Rusty oversees and manages regulatory matters for engagements and handles regulatory issues for various bodies including Internal Audit, the Federal Housing Finance Agency (FHFA), the Office of Inspector General (OIG), Compliance and Ethics, among others. Rusty also provides dashboard reporting to Loan Quality Center (LQC) management to track remediation activities, ensuring timely completion and validation to mitigate risks.
Previous Roles at Fannie Mae
Rusty Kerr has an extensive history with Fannie Mae, having previously worked as a Governance Specialist III/Operational Risk Analyst II from 2008 to 2012 in the Dallas/Fort Worth Area. During this time, Rusty developed a control testing process that identifies gaps, risks, and the effectiveness of controls. Additionally, Rusty managed process reengineering efforts with business units to address identified gaps. Rusty also served as a subject matter expert and liaison in the Loan Quality Center, successfully achieving satisfactory ratings for audits between 2012 and 2016.
Professional Experience at Countrywide Home Loans
From 2006 to 2008, Rusty Kerr worked as an AVP, Operational Risk at Countrywide Home Loans in the Dallas/Fort Worth Area. This role involved responsibilities related to managing and mitigating operational risks. Specific details about accomplishments during this time period were not provided.
Educational Background
Rusty Kerr earned a Bachelor of Science degree in Government and Public Administration from Evangel University, studying there from 1996 to 1999. Prior to that, Rusty attended Applied Life Christian College from 1994 to 1996. These educational experiences laid the foundation for Rusty's career in operational risk management and governance.
Risk Management Initiatives
Rusty Kerr has implemented several significant risk management processes throughout his career. Notably, Rusty developed a Risk Control Matrix process to identify all risks and controls across departments, fostering a more comprehensive approach to risk management. Additionally, Rusty was instrumental in creating a control testing process aimed at identifying gaps, risks, and assessing the effectiveness of controls. These initiatives have played a crucial role in the ongoing efforts to manage and mitigate operational risks.