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:
Freddie Mac Multifamily is a leading innovator in the Multifamily mortgage market, and we are seeking a motivated and independent professional to join our dynamic risk management team. If you are passionate about finance, eager to learn about commercial real estate, and thrive in a self-driven environment, we want to hear from you. As a member of the Counterparty Risk & Compliance (CRC) team, you will play a crucial role in managing and reporting on third-party risk. This position offers an excellent opportunity to work directly with management, grow your expertise in the commercial real estate industry, and contribute to the success of our risk management efforts. Apply now and learn why Freddie Mac is #HomeToMore!
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Our Impact:
Our team is responsible for reducing counterparty risk to Freddie Mac Multifamily by:
- Evaluating and mitigating risk posed by new counterparties that want to do business with Freddie Mac.
- Performing risk assessments on existing counterparties undergoing organizational changes (e.g., mergers, acquisitions).
- Approving the expansion of loan products that current counterparties can sell to Freddie Mac.
- Implementing third-party risk management strategies for the Multifamily division.
- Reporting on counterparty risk to senior leadership and enterprise stakeholders.
- Designing and implementing technology improvements for managing counterparty risk data.
Your Impact:
You will have an impact in helping to reduce risk by:
- Managing risk reporting processes for both divisional and enterprise reporting.
- Facilitating management reporting meetings and creating meeting materials.
- Documenting risk evaluation of new initiatives by working with business partners within the Multifamily division.
- Managing controls and procedures for the CRC team, and supporting Risk and Control Self Assessments (RCSAs).
- Working with Enterprise Risk Management and Internal Audit to support their testing of the CRC team, and supporting the resolution of issues and incidents.
- Reviewing corporate policies and standards to ensure compliance of the CRC team.
- Supporting inherent and residual risk assessments for Multifamily counterparties.
- Managing ad-hoc projects for the Office of the Chief Operating Officer of Multifamily.
Qualifications:
The ideal candidate will possess the following qualifications:
- College degree in Finance, Business Administration, Economics, Real Estate, or related field.
- 4+ years of experience in risk management, financial services, or management consulting.
- Excellent verbal and written communication skills with the ability to clearly convey complex information to leadership.
- Experience in confidently creating and presenting compelling meeting materials.
- Strong organizational skills, including the ability to prioritize key tasks, work independently, and meet deadlines.
- Experience in project management including the ability to lead multiple projects simultaneously and coordinate across teams.
- Experience with the management of risks, controls and procedures and an understanding of the model of three lines of defense.
- Strong analytical skills with the ability to assess data, identify trends, and provide valuable insights.
- Business aptitude in the Multifamily Commercial Real Estate industry.
- Proficiency in Microsoft Office.
Keys to Success in this Role:
- Commitment to excellence: candidate takes initiative, pays attention to detail, and achieves results.
- Focus on collaboration: candidate shows executive presence, manages collaborative relationships, and facilitates effective meetings.
- Willingness to learn: candidate seeks to gain knowledge of the multifamily business and processes, and uses that knowledge to understand the needs of our business partners.
- Analytical thinker: candidate displays sound professional judgement, identifies solutions, and asks critical questions.
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 $74,000 - $110,000 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.