I&CM Risk Governance Lead

Position Overview

The Investments & Capital Markets (I&CM) Division at Freddie Mac provides liquidity to the U.S. Mortgage Markets and makes funding more available by purchasing mortgage-related securities guaranteed by Freddie Mac and other financial institutions by issuing corporate debt. The I&CM Risk & Governance team supports the division on all matters related to operational risk management. Apply now and learn why there's #MoreAtFreddieMac!

Our Impact

I&CM Risk & Governance is a first line of defense risk governance team. We act as trusted advisors for our business partners as we proactively support in, assessing and identifying potential risks that may impede our division from meeting its business objectives.

Your Impact

As an individual contributor, you will proactively and independently work to manage operational risks. Your work will help us improve our risk management process and make our control environment even stronger. This role will give you opportunities to broaden your business knowledge of capital markets specifically in Counterparty Credit Risk Management (CCRM) processes and build on your risk competence while being part of an inclusive team targeting to deliver the following :

• Identify and assess relevant risks in CCRM and design appropriate controls to mitigate the risks
• Prepare, conduct, and document quarterly Risk Control Self-Assessments for relevant business areas.
• Support the business during the life cycle of an issue i.e., identify, assess, develop, and track remediation action plans.
• Investigate operational risk events, produce concise summaries, and identify remediation activities.
• Maintain accuracy of risk related data stored in GRC tool (operational risk database)
• Provide support for oversight activities performed by ERM and Internal Audit
• Assist in completing gap assessments against applicable obligations, corporate policies, and standards
• Identify opportunities to streamline governance activities
• Undertake ad-hoc projects, as needed.

Qualifications

Keys to Success in this Role

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.

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.

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.