Freddie Mac

Operational Risk & Governance, Senior


Pay$105000.00 - $157000.00 / year
LocationMclean/Virginia
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: JR14718

      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 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 impeded our division from meeting its business objectives.

      Your Impact:

      As an Operational Risk & Governance Senior with 5 years of overall relevant experience ideally in Capital Markets supporting trading desks, operations and/or capital markets audit or treasury-related activities, you will proactively assist the team in managing 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 and risk competence while being part of an inclusive team targeting to deliver the following:

      • Identify and assess relevant risks in a business. Develop and detail adequate controls that mitigate risks

      • Prepare, conduct, and document quarterly Risk Control Self-Assessments for relevant business areas

      • Provide support for oversight activities performed by 2LOD and Internal Audit

      • 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

      • Update and validate accuracy of risk related data stored in BWise (operational risk database)

      • Conduct control testing i.e., test of design and test of operating effectiveness

      • Assist in the implementation of risk maturity related activities

      • Undertake ad-hoc projects, as needed

      Qualifications:

      • Bachelor's Degree in Business or equivalent and 5 years of overall relevant experience

      • Ideally experience in Capital Markets supporting trading desks, operations and/or capital markets audit or treasury-related activities

      • Strong at critical thinking and problem-solving skills

      • Excellent written and verbal communication skills

      • Proficiency in MS Excel, Word, Visio, and PowerPoint

      • Gravitas to interact optimally with all levels, including Senior Management

      Keys to Success in this Role:

      • Proactive thinker and has the ability to think holistically and creatively.

      • Produce concise, detailed, and insightful documents.

      • Believes in continuous learning, embraces change and innovation.

      • Team player with a positive attitude

      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.

      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 $105,000 - $157,000 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.
  • About the company

      The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise, headquartered in Tysons Corner, Virginia.