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 Product and Program Manager will join the I&CM Business Technology Office's Strategic Initiatives and Transformations team. This position offers a chance to influence critical business functions and drive technological advancements within Freddie Mac's I&CM division.
This is an individual contributor role involved in the coordinating I&CM of software solutions for financial and capital analytics and stress testing frameworks across Freddie Mac divisions and products.
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Our Impact:
- Freddie Mac, as mandated by Congress, aims to provide liquidity, stability, and affordability to the U.S. housing market. We help lenders, communities, and families understand sustainable homeownership.
- The I&CM division handles liquidity, financing, credit risk transfer, and hedging transactions, and manages Freddie Mac's portfolios of loans, securities, and derivatives.
- The I&CM Business Technology Office (BTO) is responsible for applications supporting pre-trade and post-trade data and analytics, what-if-scenario-analysis, transactions, operations cash and liquidity management; financial, risk management, and regulatory reporting.
Your Impact:
- Collaborate with Finance and Capital reporting teams, data providers, and Pricing and Analytics teams to support integrated and purpose driven financial and capital reporting platform.
- Perform requirements analysis, individually or collaboratively, translating them into detailed specifications and/or proof-of-concept code.
- Manage a central book-of-work for applications and services using agile practices, while advocating for and implementing high quality workflow and software design and controls and other risk mitigation principles.
- Work with product and program managers, product owners and business stakeholders to support integration and coordination of cross functional deliverables.
- Build and maintain positive relationships with business stakeholders, technology partners, managing resource competition or constraints through transparency to all affected parties.
- Communicate program updates to users and senior management effectively.
- Support technology risk and control processes, contributor to audit and regulatory engagement and remediation, as needed.
- Develop sustainable operating models between business functions and technology.
- Performance based opportunities, through time, to expand scope of responsibilities to cover multiple platforms, applications, and/or programs.
Qualifications:
- 8-10 years in Financial Services technology; 5+ years in the mortgage market preferred.
- Proven success leading and implementing a broad range of strategic and tactical initiatives.
- Excellent presentation, written, and oral communication skills.
- College degree or equivalent experience; advanced degree preferred.
- Strong quantitative, analytic, product management and program management skills.
- Experience in workflow/process re-engineering, technology re-platforming and/or organization overhauls, including rationalizing of human and technology resources.
Keys to Success in this Role:
- Empathetic to business users, understanding both business and technology implications of requirements.
- Investment in understanding the business functions, software and data footprint, end-to-end processes and risk and control frameworks.
- Ability to react to, if not anticipate, business activity levels and implications engagement and other business needs of Technology teams.
- Must be able to plan, coordinate with excellent organizational skills to produce timely results.
- Knowledge of fixed income products, especially mortgages and derivatives.
- Experience supporting financial services domains such as Trading, Finance and Accounting, Middle Office/Trade Support, and Risk Management of Credit, Market, or Liquidity Risk, and Asset Liability Management.
- Experience supporting specialized financial services technology domains, such as quantitative models; analytics, scenario analysis, and stress testing frameworks; data science or data development; or user interface / experience design and development.
- Understand end-to-end content creation, model analytics, financial reporting (e.g. Profit and Loss (P&L)), risk management analytics, how any given application contributes to the end-to-end.
- Able to analyze platforms or applications in relation to business use cases, requiring skills in data, analytics, process, and system workflow analysis. SQL and Python skills are preferred.
- Proficient in industry-standard tools for development tracking and documentation, such as JIRA, Confluence, and SharePoint. Experience with Agile and Scrum practices is preferred.
- Flexible, adaptable, and comfortable with ambiguity, with the ability to provide leadership and continuity during times of change; possessing the vision and sensitivity to enable and sustain cultural transformation.
- Cultivated curiosity and ongoing interest in how technology (applications, services, data, platforms) contributes to investment and capital markets, including trading, portfolio management, finance, accounting, and risk management.
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 $142,000 - $214,000 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.