We will accept applications for this position until January 15th, 2025.

Position Overview:

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. Launch your career by doing more at Freddie Mac! Our internships and graduate programs give you the opportunity to tackle a variety of challenging roles and make your mark on several projects. From day one, you’ll gain confidence, see your ideas take shape and build a network of people who are invested in your success. You will also take part in many interesting learning and development opportunities, including our Leadership Roundtable series hosted by SVPs across from our division.   We're not just the next step, we’re the right step!

Our Impact:

ERM’s objective is to build strong, effective and efficient risk management in order to help manage risk and capital at one of the country’s largest financial institutions. We are responsible for independent oversight and assessment of the company’s financial and non-financial risks. We establish and communicate the enterprise risk framework — including corporate risk policies and standards — while promoting a strong risk culture.

Our internship offers you the chance to make meaningful contributions to our risk management objectives and provides exposure to a wide spectrum of risk disciplines that will allow you to build on the knowledge and analytical skills you have acquired through your advanced studies. You will work with some of the brightest minds in the financial services industry and develop your knowledge of risk management, all while building valuable skills and making lifelong connections.

Upon successful completion of the three-month internship and your advanced degree, you may be extended an opportunity to join our Enterprise Graduate Risk Rotation program – a two-year analyst rotation program that allows you to work in different risk management areas such as Credit, Market and Model risk. Our analyst program is designed to help you build a broad skill set, develop a comprehensive foundation in risk management, and accelerate your career growth by gaining exposure to our enterprise-level risk management function.

Your Impact:

Project Support

As an intern, you will support projects that contribute to division priorities, which may include one or more of the following activities:

• Assist in the assessment of business unit exposures by identifying risks, evaluating their potential impact and reviewing the strengths and weaknesses of the organization's existing controls
• Develop and implement key analytics and other reports
• Support strategic planning and change management initiatives
• Perform budgeting, forecasting and cost monitoring activities
• Work on cross-functional projects and/or teams and assist with project management activities
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes

Professional Development

Participation in the program will support your continued professional development through access to targeted training courses and exposure to senior management. You will gain knowledge of risk management concepts in the financial industry and an understanding of critical organizational business and risk management functions, all while enhancing your own competencies, by:

• Building critical leadership, business and analytical skills
• Creating your personal brand and growing your internal network
• Obtaining support and guidance from dedicated program managers, experienced rotational analysts and knowledgeable mentors
• Enhancing your knowledge of financial and risk concepts and Freddie Mac’s key role in the mortgage market through a custom-designed training curriculum
• Participating in organized community service events to complement your professional development with personal growth

Qualifications:

• Enrolled in a full-time graduate degree program in business administration (MBA), finance, economics, public policy, law or related subject area
• Three to seven years of professional work experience
• Graduating in either December 2025 or May 2026

Preferred Skills:

• Proficient in MS Office Suite, specifically Excel and PowerPoint
• Experience with Microstrategy and/or Tableau
• Strong analytical skills
• Experience working with large data sets

Keys to Success in this Role:

• Execution focused, with proven initiative, personal accountability and leadership
• Strong consultation and influencing skills
• Ability to work with and collaborate within a team and across the broader organization
• Ability to work independently and adapt in a changing environment
• Curiosity to learn and challenge the status quo
• Interest or experience in financial markets, securitization, trading of financial products, or loan and security portfolio management

Graduate Interns are paid at a set, non-negotiable hourly rate. The hourly rate for this role is $40/hr.

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:Non-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 $64,480 - $83,200 . All interns positions are paid at an hourly rate, which can be found in the body of the job description.