At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

Are you a results-focused, thoughtful professional looking to make an impact? Do you want to use your risk, analytics, and organization skills to advance the field of climate risk management at Freddie Mac? This role offers an outstanding opportunity to significantly impact the way Freddie Mac identifies and manages climate risk. We are looking for an organized and collaborative team member with strong communication abilities and intellectual curiosity to support our company-wide response to climate risk. Apply now and learn why there’s #MoreAtFreddieMac!

Our Impact:

Climate change is unquestionably a defining issue of our time. As our climate continues to evolve, it is critical that Freddie Mac understand the risks that climate change poses to our business model and mission, as well as the mortgage industry and the housing market. This role will have a direct impact on our mission to provide liquidity, stability, affordability and equity in the largest mortgage market in the world. In collaboration with leaders across the enterprise, our team developed a climate risk framework defining how Freddie Mac identifies, measures, monitors, controls and reports climate risks. This requires integrating climate risk into existing risk management practices and business processes and ensuring climate risk, including impacts on vulnerable populations, are considered in decision making.

Your Impact:

Support the execution of an enterprise-wide framework for incorporating climate risk into the existing risk management structure, including identification, assessment, control, monitoring, and reporting of climate risks;Identify opportunities to embed the climate risk management framework, including impacts on vulnerable populations, into business processes;Partner with risk functions across divisions to identify gaps in the existing risk management structure and embed climate considerations within processes, risks, and controls;Provide oversight and effective challenge to the assessment of processes, risks, and controls;Recommend, review, and oversee the monitoring of climate risk metrics to the enterprise;Review and challenge climate risk assessments for new and changing company initiatives, programs, policies, and contribute to the expansion of climate risk analysis capacity through training and educational material;Collaborate with cross-divisional partners to compile quarterly deliverables to conservator, FHFA;Monitor industry advancements and the development of best practices in the field of climate-risk management by financial institutions to confirm developments are considered in Freddie Mac's approach and practices; andContribute to the development of education, awareness, and communication activities to promote integration of climate into risk management practices.

Qualifications:

BS/BA degree in Finance, Economics, Statistics, Climate Science / Earth Systems, or other relevant field and 5+ years of relevant experienceExperience/familiarity with climate risk management principles and guidance, risk management, and/or creating risk frameworks or augmenting existing risk frameworks at a financial institutionExperience in financial services, housing, and/or mortgage financeKnowledge of various climate-related physical and transition risks and the transmission channels through which these can manifest for financial institutionsExperience related to process, risk, and controls preferredExperience working collaboratively, across multiples teams, within a large organization and a fast-paced environmentAbility to translate and present complex information in a manner that educates and improves understanding, and influence decisionsExperience creating structure out of ambiguity and developing actionable plansExcellent written and verbal communication, critical thinking, relationship management, and prioritization skills

Keys to Success in this Role:

Passionate about climate resilience and promoting sound climate risk managementSelf-starter, comfortable taking initiative, and navigating new and ambiguous environmentsClear and concise communicator with strong attention to detail and high standards for qualityAbility to build and maintain strong strategic partnerships and to influence others without direct authorityEngaged and collaborative team playerAbility to operate effectively in a fast-paced environment and multi-task / meet strict timelinesIntellectually curious; ability to quickly digest new industry information, data and/or regulations and derive insights and determine impacts to our businessConsistent track record of creative problem solving, ownership, and accountabilityAbility to create executive materials with clear narratives that can be communicated to upper management and a broad audience

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

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

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 $114,000 - $172,000 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.