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:

Do you have a solid expertise in enterprise risk and governance? Our Multifamily (MF) Division Model Governance (DMG) team within the operational risk function are searching for a Risk and Controls Senior!

The role will support key business stakeholders (including the modeling team, business model owners and model users) in managing model risk and performing required governance activities in accordance with the model risk policy, standard, enterprise model governance guidance and related modeling procedures.

Apply and learn why there's #MoreatFreddieMac !

Our Impact:

We are responsible for driving execution of model governance activities throughout the model life cycle, playing a key role in ensuring compliance with model risk governance and regulatory requirement, and acting as trusted advisors to our stakeholders and proactively support them in managing model risk.

Your Impact:

You will execute and align with risk policy and standards while collaborating to develop and implement divisional model governance processes and procedures that meet corporate requirements and create a risk-aware culture. You must proactively work with Model Business Owners, Model Development Owners, and other relevant stakeholders in the division on model risk-related activities in order to contribute to efforts to mature model governance capabilities and find opportunities to innovate, streamline and reduce inefficiencies.

The day to day will include, managing model change pipeline and ensuring timely UAT and implementation, remediating issues and 2LOD findings, providing support to the model stakeholders during 2LOD oversight activities. You will handle internal audit exams and FHFA exams, conduct gap assessments of applicable corporate policies/standards and applicable legal/regulatory obligations, provide model related insights to the GBS Risk & Control team during quarterly Risk & Control Self Assessments, design and produce regular model related reporting, and undertake ad-hoc projects as needed.

Qualifications:

College Degree or equivalent experience; advanced studies/degree preferred.

5 - 7 years of related experience

3+ years of experience in model governance and/or operational risk management

Solid understanding of MF model governance, and three lines of defense risk framework

Understanding and experience with enterprise risk management, covering the full lifecycle of activities, including risk identification, assessment, mitigation, monitoring, and reporting

Exceptional organizational skills and can independently lead a project/assignment

Strong attention to detail with an analytical approach

Self-starter with a positive outlook and a desire to continuously improve

Excellent written and verbal communication skills

Keys to Success in this Role:

Positive, can-do attitude

Diligent, with strong problem-solving and tact

Ability to work quickly and methodically while collaborating across teams

Curiosity to learn and adapt to changes

Diplomacy and persuasion skills

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 $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.