Multifamily Operational Risk Senior

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:

This role is in Governance and Business Services (GBS) and is part of 1st Line of Defense (LOD) within the Multifamily Division at Freddie Mac. GBS is responsible for identifying and measuring operational risks, analyzing and reporting on risks, and collaborating with the Three Lines of Defense and management across the company. In this role, operational risks include SOX, data privacy, information security, business continuity, laws/regulations, performing risk assessments, and control design, and implementation. GBS leads the division

with compliance to the Corporate Enterprise Risk Management framework including compliance with Risk Identification and Reporting. The Risk and Control Senior will work on diverse and complex issues, where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trends and emerging risks. The responsibilities are time sensitive and have a high-level of visibility innovative strategies and techniques.

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:

Operational Risk Management

• 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

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 $96,000 - $144,000 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.