Position Overview
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.
Our Impact
We drive effective management of operational risk within the MF division, in line with corporate policies and standards, by identifying, assessing, monitoring, managing and reporting on operational risks, proactively engaging with the business areas and acting as a trusted advisor on operational risk matters.
Your Impact
As an integral part of our high performance team, you will proactively assist the team in managing operational risks. Your primary categories of work include :
- Identify and assess relevant risks in business, design adequate controls that mitigate risks.
- Prepare, conduct, and document Risk Control Self-Assessment for business areas.
- Provide end-to-end support to business throughout the issue management lifecycle Investigate operational risk events, prepare concise event report, document relevant issue, and guide the development of adequate remediation action.
- Support business implementation of significant changes involving new product or regulatory requirement.
- Support business during oversight activities performed by the Internal Audit, 2nd Line of Defense, or Regulator Monitor, track, and report on risks, issues, and issue remediation status.
- Maintain operational risk data stored in BWise, update system as needed to ensure data completeness and accuracy.
- Support Divisional reporting of risk assessments to Divisional Leadership Engage Business Area, Lines of Defense Work individually and with the business to identify, develop and implement operational efficiency and controls.
- Engage with Enterprise Risk Management and Internal Audit Present to senior management analysis over divisional risks, controls, and projects.
- Develop innovative reporting and analytics related to Multifamily risk.
Qualifications
Bachelor's degree in Business, related field, or equivalent work experience in operational risk.5-7 years related experience.Experience in operational risk and project management.Ability to evaluate and review the compliance against established policies and standards.Ability to see the big picture and synthesize information from various sources into concise written documents.Must be able to work independently with minimal direction and collaborate effectively.Experience in conducting and documenting risk assessments.Excellent written and verbal communication skills.Strong Excel, PowerPoint, and SharePoint skills.Keys To Success In This Role
Curiosity and interest in learning the Multifamily business.Desire to understand and apply the Operational Risk Management framework.Detail oriented and result driven.Ability to multi-task and prioritize.Team player with positive attitude.Strong work ethic.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.
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.