Onsite
Full Time Posted a month ago
I'm Interested
powertofly approved What Freddie Mac Has to Offer:

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Benefits include:

  • Flexible work arrangements
  • Home benefit program
  • Student loan repayment benefit
  • Paid parental leave
  • Job Type

    Full Time

    Job Details

    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. Position Overview: The Investments & Capital Markets (I&CM) Division at Freddie Mac provides liquidity to the U.S. Mortgage Markets and makes funding more available by purchasing mortgage-related securities guaranteed by Freddie Mac and other financial institutions by issuing corporate debt. The I&CM Risk & Governance team supports the division on all matters related to operational risk management. Our Impact: I&CM Risk & Governance is a first line of defense risk governance team. We act as trusted advisors for our business partners as we proactively support in, assessing and identifying potential risks that may impeded our division from meeting its business objectives. Your Impact: As an Operational Risk & Governance Senior, you will proactively assist the team in managing operational risks. Your work will help us improve our risk management process and make our control environment even stronger. This role will give you opportunities to broaden your business and risk skills while working with an inclusive team that is striving to deliver the following:
    • Identify and assess relevant risks in a business. Develop and document adequate controls that mitigate risks
    • Prepare, conduct, and detail quarterly Risk Control Self-Assessments for relevant business areas
    • Provide support to the business during oversight activities performed by 2LOD and Internal Audit
    • Support the business during the life cycle of an issue i.e., identify, assess, develop, and track remediation action plans
    • Investigate operational risk events, produce concise summaries, and identify remediation activities
    • Update and validate accuracy of risk related data stored in BWise (operational risk database)
    • Conduct control testing i.e., test of design and test operating efficiency
    • Develop divisional risk procedures and job aides, as required
    • Assist with monthly and quarterly divisional reporting
    • Assist in the implementation of risk maturity related activities
    • Challenge status quo and find opportunities to streamline and improve existing processes
    • Undertake ad-hoc projects, as needed
    Qualifications:
    • 5+ years of experience in Capital Markets Operational Risk Management (1LOD), Capital Markets Operations and/or Capital Markets Audit.
    • Strong at critical thinking and problem-solving skills
    • Excellent written and verbal communication skills
    • Proficiency in MS Excel, Word, Visio, and PowerPoint
    Desired Experiences
    • Undergraduate degree in Business, Accounting, Economics, Finance or equivalent
    • CPA, CIA, CFA or FRM certification preferred (or working towards a certification)
    • Gravitas to interact optimally with all levels, including Senior Management
    • Interest and/or has basic knowledge on capital markets including regulations, macro, and business landscape
    Keys to Success in this Role:
    • Proactive thinker and has the ability to think holistically and creatively
    • Produce concise, detailed, and insightful documents
    • Believes in continuous learning, accepts change and innovation
    • Phenomenal teammate with a positive attitude!
    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. 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 $105,000 - $157,000 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.
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    Operational Risk Governance, Senior (Hybrid - 3 days in office - NYC)
    I'm Interested