Chief Audit Executive
Frederick Udochi enjoys his job as NeighborWorks America’s chief audit executive because he says it “lets you see the mission being carried out from various perpectives.”
His responsibilities include reporting to the board and audit committee, conducting audit reviews and ensuring that the corporation is in compliance with relevant policies, regulations and laws. To carry out this work, he meets with NeighborWorks America staff at all levels and in every department. He says that while the programs and people are different, “what unites everyone is a sense of the common mission.”
His personal mission as the chief audit executive is to make NeighborWorks America “the gold standard” for accountability, transparency and exceptional performance in its industry. To do that, he makes sure that effective risk and control decisions have been made and he prepares and submits periodic reports with recommendations for improvements. “To be the gold standard, we need to continually improve,” Udochi says.
Udochi joined NeighborWorks America in 2000 after years working as a finance professional in the health care industry. He was chief financial officer for the WoodBourne group, a healthcare organization, and director of finance at the Kennedy Krieger Institute, an affiliate of the Johns Hopkins medical system. Both nonprofit organizations are located in Baltimore, Maryland.
Udochi holds two masters degrees, one in business administration from the University of Baltimore and the other in health financial management from the Johns Hopkins University. He holds professional designations of Certified Internal Auditor (CIA) and a Certification in Risk Management Assurance (CRMA) from the Institute of Internal Auditors.