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:

Come join our growing team of strategists and problem solvers on the Single-Family Third Party Risk Governance (TPRG) team to support Seller/Servicer on-going monitoring activities, including on-going engagement with risk partners, developing S/S risk aggregation approach, establishing escalation criteria, and reporting. You'll bring together business partners and identify emerging industry trends in a fast-paced and diverse work environment!

Our Impact:

TPRG is responsible for keeping our finger on the pulse of the performance of Single Family Sellers and Servicers, ensuring that they remain within the firm’s risk tolerance.

Your Impact:

Apply sophisticated mortgage-related skills to lead and provide deeper insights into Seller Servicers overall risk trends of by using quantitative and qualitative information and business expertise

Develop SME knowledge about Freddie Seller/Servicer risk, understand the Seller/Servicer Guide and our mortgage products; independently extract data to support related analytics

Maintain and execute the Comprehensive Risk Rating for counterparties

Identify and maintain appropriate controls to ensure business strategies are achieved within the established corporate risk appetite

Ensure processes are in place to provide awareness, monitoring, and responses to address emerging risk or opportunities

Partner with Enterprise Risk Management and Enterprise Third Party Office on oversight reviews, credible challenges, reporting, systems, policies, and standards

Qualifications:

Bachelor’s degree in related field and experience in operational risk management at a large financial services institution(s).

8+ years of relevant experience analyzing counterparty risk and/or mortgage products

5+ years mortgage industry or credit experience

Proficiency in MS Office, especially Excel and Powerpoint is a must; Knowledge of Tableau and Python is a plus

Solid grasp of risk, credit, and the mortgage life cycle

Ability to work effectively, communicate with counterparts, and collaborate with a diverse group of partners

Strong presentation skills both verbal and written

Understanding of counterparty operational risk management practices at large financial services institutions

Understanding of regulatory requirements and expectations related to operational risk of seller servicers (e.g., FHFA)

Keys to Success in this Role:

Highly motivated, proactive, and positive self-starter with strong people skills and the ability to multi-task

Excellent analytical skills and understanding of risk management

Ability to self-teach new technical skills as needed

Willingness to learn and ability to adapt quickly to changing needs and requirements

Excellent communication and interpersonal skills to build and maintain partnerships within and outside the team to achieve desired results

Attention to details and drive to achieve excellence

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 $140,000 - $210,000 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.