Credit Policy Business Lead

JOB DESCRIPTION

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:

The Credit Policy Business Lead will play a pivotal role in shaping and managing the credit risk framework of our organization. This position is responsible for developing and maintaining credit risk policies to ensure alignment with regulatory expectations and organizational goals. The candidate will leverage their market experience and expertise to lead cross-functional initiatives, enhance risk mitigation practices, and support strategic business objectives. They will be expected to work collaboratively with stakeholders, balance risk with business needs, and be innovative in creating impactful policies that help achieve organizational goals.

Our Impact:

Our team supports credit and capacity-related initiatives that are key to Freddie Mac’s vision for innovation in the Single-Family space. We are responsible for all income, asset, and employment-related policies and drive industry-leading strategies that enable broader access to sustainable homeownership—while maintaining sound risk management practices.

Your Impact:

• Develop and Maintain Policies: Create and maintain credit and capacity related policies to support new strategies and solutions for borrower income and asset assessment.
• Conduct Research: Stay current on emerging trends, regulatory changes, and market conditions; identify and recommend new policy opportunities.
• Collaborate Across Teams: Partner with the Credit/Capacity Innovation Team to align credit risk policy with broader business and innovation initiatives.
• Engage Stakeholders: Collaborate cross-functionally with Sales, Legal, Product, Legal, Marketing, Policy Implementation, and third-party stakeholders (e.g., MI companies, vendors, Sellers).
• Manage Workload: Prioritize and execute competing priorities efficiently in a deadline-driven environment.
• Coordinate Projects: Communicate dependencies and align deliverables across multiple work streams.
• Report Findings: Track and communicate project metrics and recommendations for innovation, expansion, or policy updates.

Qualifications:

• Bachelor’s degree or equivalent work experience and 8+ years of relevant experience
• 5+ years of experience in consumer mortgage credit and/or real estate
• Proven ability to think strategically with a focus on identifying and mitigating Freddie Mac’s risk exposure, while balancing borrower needs
• Deep subject matter expertise in single-family mortgage credit policy
• Excellent verbal and written communication skills
• Strong collaboration skills with both internal and external stakeholders
• Proficient in Microsoft Office Suite, especially Word, PowerPoint, and Excel

Keys to Success in this Role:

• Thought Leadership:Embrace innovation and lead with forward-thinking, strategic ideas.
• Detail Orientation:Effectively manage multiple tasks while maintaining high attention to detail.
• Independence:Operate with minimal direction while delivering high-quality outcomes.
• Building Trust:Foster strong, reliable partnerships through consistent and transparent actions.
• Customer Focus:Deliver timely, high-quality service to both internal and external stakeholders.
• Adaptability: Embrace change and continuously improving processes instead of maintaining the status quo.

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

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.