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 data analytics, management reporting, and the identification of emerging risks from our loan portfolio are essential to Freddie Mac's success. 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.
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Your Impact:
- Apply sophisticated technical skills to lead and provide deeper insights into overall risk trends of Seller Servicers by using data and business expertise.
- Develop SME knowledge about Freddie Single-Family data, 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 quantitative field or equivalent 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
- 7+ years of data analytics work experience with large data sets and relational database. Knowledge of Python programming language is plus
- Advanced Excel skills
- Proficiency in Powerpoint and Tableau
- Solid grasp of risk, credit, and the mortgage life cycle.
- 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
- Confident speaker, able to facilitate discussions with all levels of staff, including executives
- A leader who embraces risk management and questions the status quo.
- Ability to work effectively, communicate with counterparts, and collaborate with a diverse group of partners
- Strong presentation skills both verbal and written
- Excellent communication and interpersonal skills to build and maintain partnerships within and outside the team to achieve desired results
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: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 $127,000 - $191,000 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.