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Risk Analytics, Senior Director

Risk Analytics, Senior Director

Freddie MacFalls Church, VA, US
12 hours ago
Job type
  • Full-time
Job description

Senior Director Risk Analytics

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview :

Are you an innovative risk leader that wants to make an impact? Do you want to put your passion, talents, and ambitions towards ensuring affordable and sustainable housing for families in all communities nationwide? Join the Enterprise Risk Division and find #MoreAtFreddieMac.

The Senior Director Risk Analytics reports to the Vice President Enterprise Market, Liquidity, Counterparty Risk and Capital in the Enterprise Risk Division led by Freddie Mac's Chief Risk Officer. The position is responsible for leading governance, independent oversight, and effective challenge of the company's processes for conducting stress testing, loss forecasting, capital planning, and credit risk transfer. This role is central to ensuring the institution's resilience under adverse conditions, maintaining prudent capital adequacy, and strategically managing credit exposures through risk transfer mechanisms. The position engages broadly across the company with senior leaders, in addition to industry experts and regulators to ensure effective risk management of these business processes. The successful candidate will combine quantitative expertise, strategic insight, and strong leadership to enhance enterprise-wide risk and capital management capabilities.

Our Impact :

The Financial Risk team within the Enterprise Risk Division is responsible for oversight and effective challenge of the company's most important risks, including credit, market, and liquidity risks. Together, we :

  • Establish governance, policies, and standards that define how the company manages financial risks to support safety and soundness
  • Monitor and report on the risk and control profile, financial risk appetite, and performance of risk indicators and metrics against thresholds and limits
  • Communicate enterprise-wide risk management issues and emerging risks and monitor effective and timely issue resolution
  • Provide timely and independent oversight and effective challenge of the company's financial risk management practices and risk-taking activities
  • Assess risk to earnings and capital across a range of scenarios
  • Execute an integrated oversight plan in collaboration with Operational Risk and Compliance to support the Chief Risk Officer in providing senior management and the Board with an enterprise view of risks

Your Impact :

As the Senior Director Risk Analytics, an influential leader at Freddie Mac, you will :

  • Lead a talented team of professionals to provide governance and independent oversight of the company's design and execution of enterprise stress testing and capital management programs, including scenario design, selection of business assumptions, model management, and results interpretation and assessment against risk appetite
  • Develop and maintain governance, policies, and standards that define how the company executes stress testing and capital planning and manages credit risk transfer in accordance with business strategy to support safety and soundness and comply with legal, regulatory, and conservator requirements
  • Oversee the institution's capital management framework, including capital adequacy assessments and coordination of regulatory capital submissions
  • Provide second-line oversight of credit risk transfer activities such as securitizations and reinsurance arrangements to ensure compliance with risk appetite and regulatory expectations
  • Evaluate processes and risks and assess controls used for managing stress testing, capital planning, and credit risk transfer and develop independent risk oversight processes and controls
  • Conduct independent risk assessments and issue effective challenge as part of monitoring activities
  • Conduct related model use assessments and method reviews
  • Partner with Finance, the business segments, and Enterprise Risk to align stress testing and capital management outcomes with strategic and risk appetite objectives
  • Present analyses and recommendations to senior management, the Board Risk Committee, and regulators as appropriate
  • Monitor industry and sector trends and emerging regulatory developments (e.g., Basel III finalization, Federal Reserve stress testing guidance) to inform stress testing and capital management activities
  • Report to the Chief Compliance Officer on compliance with regulatory obligations
  • Qualifications :

  • 15+ years of experience in a combination of leadership roles in risk management, loss forecasting, capital planning, or related functions within a large, complex financial institution.
  • Quantitative degree preferred in finance, economics, mathematics, statistics, or related field; Master's degree or professional certifications (e.g., FRM, CFA) a plus
  • Ability to understand stress testing methodologies, capital adequacy frameworks, and credit risk management practices
  • Familiarity with relevant regulatory requirements, including CCAR / DFAST and Basel standards
  • Expertise in mortgage and fixed income products, model loss estimation, and loss forecasting
  • Understanding of uncertainties and limitations of models, methodologies, and judgments used to measure and manage stress losses and capital adequacy
  • Strong decision-making skills with the ability to work under pressure effectively to resolve critical issues
  • Strong leadership skills with the ability to influence, drive decision-making, and lead and develop teams managing risk across complex financial portfolios
  • Experience with analyzing complex financial data and risk management software and financial analysis tools (e.g., Python, R, Excel)
  • Excellent verbal and written communication skills with the ability to communicate complex information to a variety of audiences, including senior management and regulators, in a clear and actionable manner
  • Demonstrated track record of innovation in risk analytics, data infrastructure, or model governance practices.
  • Keys to Success in this Role :

  • Effective collaboration to build trust and increase efficiency across the three lines, including the business segment (I&CM, SF, and MF) and Finance Divisions, Enterprise Risk Division, and Internal Audit and with FHFA
  • Ability to communicate effectively and efficiently
  • Expertise and authority to maintain independence, critically review, and provide effective challenge of the company's stress testing and capital management practices and credit risk transfer activities
  • Ability to prioritize across multiple competing tasks, manage teams effectively, and deliver timely, high-quality, and well-documented oversight outcomes
  • Strong organization skills, analytical mindset, and ability to work in a fast-paced environment against tight deadlines
  • Remain current on the latest financial risk management developments, regulations, and industry trends
  • Ability to attract and develop risk talent
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