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Position Overview:

We provide strong operational risk management knowledge and advice to the Multifamily Business and optimally manage risk in line with the 2nd Line of Defense, policies and standards with the targeted use of innovative strategies and techniques.

Your Impact:

As an integral part of our high performance team, you will proactively assist the team in managing operational risks. Your primary categories of work include:

Operational Risk Management

• Identify and assess relevant risks in business, design adequate controls that mitigate risks

• Prepare, conduct, and document Risk Control Self-Assessment for business areas

• Provide end-to-end support to business throughout the issue management lifecycle

• Investigate operational risk events, prepare concise event report, document relevant issue, and guide the development of adequate remediation actions

• Support business implementation of significant changes involving new product or regulatory requirement

• Support business during oversight activities performed by the Internal Audit, 2nd Line of Defense, or Regulator

• Monitor, track, and report on risks, issues, and issue remediation status

• Maintain operational risk data stored in BWise, update system as needed to ensure data completeness and accuracy

• Support Divisional reporting of risk assessments to Divisional Leadership

Engage Business Area, Lines of Defense

• Work individually and with the business to identify, develop and implement operational efficiency and controls.

• Engage with Enterprise Risk Management and Internal Audit

• Present to senior management analysis over divisional risks, controls, and projects.

• Develop innovative reporting and analytics related to Multifamily risk

Qualifications:

• Bachelor's degree in Business, related field, or equivalent work experience in operational risk

• 5-7 years related experience

• Experience in operational risk and project management

• Ability to evaluate and review the compliance against established policies and standards

• Ability to see the big picture and synthesize information from various sources into concise written documents

• Must be able to work independently with minimal direction and collaborate effectively

• Experience in conducting and documenting risk assessments.

• Excellent written and verbal communication skills

• Strong Excel, PowerPoint, and SharePoint skills

Keys to Success in this Role:

• Curiosity and interest in Operational Risk Management in Multifamily.

• Detail oriented and result driven

• Ability to multi-task and prioritize

• Team player with positive attitude

• Strong work ethic

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

CA Applicants:  Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $96,000 - $144,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.