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Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Benefits include:
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At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
The Enterprise Models and Methods Operations and Governance team within Enterprise Risk Management (ERM) division has an opening for a Risk Governance and Reporting Senior. This dynamic and highly collaborative team operates the integrated Financial Risk and Control Function for the ERM financial risk areas. The team also implements and performs oversight of the models and methods risk governance across the company and in line with Federal Housing Finance Agency (“FHFA”) expectations.
We're building a better housing finance system that's providing global investors innovative opportunities to invest in the U.S. housing market. Pair your passion with purpose!
Our Impact:The team has two primary objectives:
Recommend, improve, and maintain operational risks and controls (including quarterly Risk Control Self-Assessment) for the entire financial risk areas (credit risk, market risk, liquidity risk, etc.) including model risk of ERM.
Develop the governance requirements on non-model methods and implement the oversight and governance of the methods across the company.
This individual will partner to implement and support risk and controls activities across processes within the Financial Risk department. Key responsibilities include:
Assist the team lead in supporting Financial Risk processes to assess risk, design and implement appropriate controls, coordinate remediation efforts, investigate operational events, and report risk assessment results
Support maintenance of Process, Risk and Controls inventory for Financial Risk processes
Help the team lead in execution of quarterly Risk and Control Self-Assessment (RCSA) across Financial Risk departments and consolidation of Financial Risk RCSA quarterly results for senior management
Aid Financial Risk team leads in Internal Audit/FHFA examination preparations
Support Financial Risk Independent Risk Assessment Reviews
Provide support responding to ORSS and/or Compliance requests on ERM oversight related activities
Handle and support projects and ad-hoc tasks as assigned
Bachelor’s Degree in related field or equivalent experience
5 -7 + years of experience in operational risk/process management and/or audit experience.
Confirmed understanding and experience in audit and/or operational risk management, covering the full lifecycle of activities, including risk identification, assessment, mitigation, monitoring, and reporting, including relevant GRC tools.
Familiarity with COSO internal control framework and risk management industry best practices
Relevant professional certifications (CPA, CIA, etc.) a plus
Self-motivated, pro-active, and dedicated problem solver with the capability of balancing multiple priorities without heavy supervision
Ability to take ownership and collaborate with diverse group of partners
Ability to adapt to change while continuing to deliver on assigned task
Ability to communicate concisely and efficiently
At Freddie Mac, our inclusive and diverse culture drives our success and makes us a stronger company. Collectively, we are both leaders and collaborators who work together to meet our mission of Making Home Possible for families across the U.S.
Apply now and learn why there’s #MoreAtFreddieMac!
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 timeFLSA Status:ExemptFreddie 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 $112,000 - $168,000 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.Careers with Impact Our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970,... Read more