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Freddie Mac

Operational Risk, Professional (Hybrid - 3 days in office - VA)

McLean, VA

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:

Are you someone who loves to challenge the status quo and use your critical mind? Do you want your work to be meaningful and make an impact in the housing industry? Apply now and learn why there's #MoreAtFreddieMac!

Our Impact:

The Treasury Governance team within the Investment & Capital Market Division sets the policy and requirements that governs the end-to-end payment process and provide oversight and advisory for payment processing activities across Freddie Mac.

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We help the company to manage risks related to payment process to an acceptable level and report on the end-to-end payment risk profile.

Your Impact:

  • Maintain Payment Risk Management Framework that conforms with industry leading practices, standards and specifications
  • Support periodical corporate aggregation assessments of unmitigated payment risks across the company
  • Maintain corporate policies, procedures and standards for corporate payment process
  • Help with periodic reporting of the aggregated payment fraud risks, KRIs, critical metrics, and KCIs for the end-to-end payment management reporting
  • Assist with risk and control assessments for payment processes as outlined in Corporate Risk Assessment Standard
  • Complete the development of end-to-end payment process control testing oversight plan
  • Implement the end-to-end design review of controls for all payment processes
  • Implement manual/automated control testing oversight. Challenging test scripts and test of one and operating efficiency results from an end to end view
  • Review significant changes that impact payment processes or systems to determine that the risk and controls have been adequately assessed from an end-to-end view
  • Support training Freddie Mac staff about payments fraud, industry trends and appropriate safeguards and tips, and support other assigned governance and advisory activities

Qualifications:

  • 2-4 years of operational risk/process management and/or audit experience
  • Bachelor's degree or equivalent experience
  • Detailed, analytical and good written and verbal communication skills
  • Ability to understand and work with a diverse group of partners within first and second line functions
  • Self-motivated, pro-active, problem solver with the capability of managing multiple priorities without heavy supervision
  • Capable of working independently and within a collaborative team environment!

Keys to Success in this Role:

  • Strong working knowledge of Microsoft Office (Excel, PowerPoint, Word, SharePoint, Visio)
  • Previous big four experience and/or relevant professional certifications (CPA, CFA, Six Sigma green belt/black belt, CIA, etc.) a plus
  • Familiarity with the COSO internal control framework
  • Knowledge of business resiliency, third party and information and technology risk and control capabilities (architecture, identity and access management, software/hardware security)
  • Knowledge of mortgage industry

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: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 $73,000 - $109,000 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.

Client-provided location(s): McLean, VA, USA
Job ID: Freddie_Mac-JR12886
Employment Type: Other