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:

The candidate will have the opportunity to identify continuous improvements in model governance and risk reporting in a fast-paced, highly intellectual, mission focused organization. Apply now and learn why there’s #MoreAtFreddieMac!

Our Impact:Our team is responsible for managing model governance risk across SF Models.Your Impact:Implement Risk and Control related management guidelines and other risk management policies for SF Models to reduce the risks associated with SF modelsProvide oversight and review of action plans for all SF MRAs and audit findings; ensure completion of the action plans in a timely manner.Partner with management to evaluate the progress on risk assessments and remediation of key issues. Facilitate the overall improvement of internal control structures.Raise material breaches of applicable laws, rules, advisory bulletins, policies, or standards with actual or potential impact.Assist management in resolving corrective action for such breaches. Coach employees on risk management activities and sound model development practices.Partner with the Governance Team to serve as another subject matter authority regarding model policies, standards, and procedures.Make presentations to management and staff on industry and regulatory related news and developments.Work with the Governance Team to provide management and/or affected business divisions with summaries, operational and regulatory risk assessment reports, trending, and remedial or mitigation solutions.Staying updated on regulatory (FHFA) policy changes and ensuring the organization’s operational risk management practices are compliant, while assisting in regulatory examinations and internal audits as neededWorking proficiency on Governance, Risk and Compliance (GRC) Tools such as Bwise.Qualifications:Master’s degree with 3 years of equivalent work experience or Bachelor’s degree with 5 years of work experience.Responsible for managing risk and controls with respect to the firm's operations and financial statements by ensuring that adequate controls, risk reporting and analysis are in place.Preparation of timely, accurate and effective risk control analysis and operational procedures is key.Recommend changes to policies and establishes procedures that affect immediate organization's operation and provide resolutions to an extensive range of complicated problems related to monitoring control compliance.Monitor control compliance and the prevalent risk environment to ensure that exposures are kept at acceptable levels; where necessary, work with other risk functions to develop and implement controls that mitigate these risks. Works under limited direction and independently determine and develop approach to solutions.Recommend changes to policies and establishes procedures that affect immediate organization's operation and provide resolutions to an extensive range of complicated problems related to monitoring control compliance.Monitor control compliance and the prevalent risk environment to ensure that exposures are kept at acceptable levels; where necessary, work with other risk functions to develop and implement controls that mitigate these risks. Works under limited direction and independently determine and develop approach to solutions.Keys to Success in this Role:Significant experience handling multi-faceted projects simultaneously that have cross-departmental impact.Shown ability to plan, organize, and effectively complete risk mitigation and operational improvement initiatives.Outstanding communication and negotiation skills Shown ability to influence management decision making.Expert skill in maintaining accuracy with attention to detail and meeting deadlines.Expert skill using innovative thinking to solve problems and facilitate the decision-making process.Exceptional quantitative and analytics skills.Strong knowledge of statistical models, tools and techniquesStrong programming 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.