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 evolution of model and analytics delivery within an I&CM and enterprise center of excellence function.

Our Impact:

• Freddie Mac 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.

• Leverage subject matter expertise in the advanced principles, theories, and concepts of models, analytics, software, data, and risk governance and control frameworks to lead innovation and transformation program of process and workflow re-engineering, including controls and risk mitigation strategies.
• Collaborate with Modeling, Trading, Portfolio Management, Finance and Capital coverage, Data Services, Pricing and Analytics Technology, and first-, second-, and third-line Risk, Governance and Control functions to support integrated and purpose driven model analytics platform and services, policies and standards, processes and procedures.
• Significant self-direction to devise and execution program solution based on program objectives with accountability to I&CM management team.
• Balance contributing to existing model analytics delivery, risk management and control processes with transformation and remediation program - informing innovation aspects of their mandate with the culture and practical priorities of I&CM and enterprise functions.
• High degree of integrity, value transparency of information
• Perform model, data, or workflow deep dive analysis to provide detailed root-cause and solution recommendations for point points model analytics frameworks.
• 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.

• 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.
• Willingness to travel.
• College degree or equivalent experience; advanced degree preferred.
• Subject Matter Expertise in quantitative, analytic, product management and program management skills.
• Experience developing and supporting model and analytics for mortgage markets, required.
• Experience supporting position management and retained portfolios required, support of trade capture, settlement and delivery is preferred.
• Experience in workflow/process re-engineering, technology re-platforming and/or organization overhauls, including rationalizing of human and technology resources.

• 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.
• Subject matter expertise in Knowledge of fixed income products, especially mortgages and derivatives, macro-economic market data and modeling, and data analysis.
• 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.