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- 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.
- Employees, contingent workers and visitors are no longer required to show proof of vaccination to be on-site.
- Effective January 2023, Freddie Mac’s hybrid work arrangement is 3 days in the office (specifically Tuesday, Wednesday & Thursday).
- The Senior Manager of Compliance –Fair Lending Models is responsible for establishing and maintaining compliance model risk management for Freddie Mac, including oversight of third parties such as sellers and servicers.
- This exciting opportunity spans our Multi-Family and Investments and Capital Markets major operating divisions!
- Come join our dynamic team in Plano, TX or McLean, VA - apply now and learn more about our benefits and why there’s #MoreAtFreddieMac!
- Coordinate with Business Divisions in the 1st Line of Defense to effectively adopt an effective Fair Lending related Model Risk Management program.
- Continuously improve and supervise processes and controls in place to align with fair lending regulatory requirements related to model reviews and validation across Multi-Family and Investments and Capital Markets.
- Advise & collaborate with Enterprise Model Risk Management, Analytics, and enterprise divisions (to include Divisional Risk Officers, Enterprise Risk Officers, Legal, and Internal Audit) to manage fair lending model risk, including implementation of new regulatory requirements, oversight of new initiatives, reporting and escalation of regulatory matters and ongoing review of existing regulatory processes and controls
- Build out and implement the fair lending model risk management compliance program for the Multi-Family and Investments and Capital Markets in alignment with the framework pillars: I.) Risk Identification, II.) Risk Assessment, III.) Monitoring/Testing/Controls, IV.) Issues Management, V.) Reporting, and VI.) Risk Appetite.
- Conduct the fair lending related model risk reviews and validations.
- Ensure appropriate compliance policies, procedures and training exist that address model risk management related to fair lending requirements across Freddie Mac and third parties.
- Continuously improve and maintain the model risk management fair lending program.
- Bach Degree or equivalent experience and 10+ years’ experience in quantitative finance, ideally in model development and validation
- PhD or MS degree in Applied Math, Economics (quantitative), Physics, Statistics, Engineering, etc.
- Minimum 2+ years leading risk management functions within large sophisticated financial organizations
- Success operating in a 3 lines of defense framework
- Strong team management and leadership
- Experience in the mortgage industry and credit modeling is preferred
- Proven understanding of model reviews, model risk management and applicable fair lending regulatory framework
- Ability to influence and empower others
- High ethical standards, excellent judgment, sense of personal initiative
- Ability to interact constructively with colleagues at all levels of the organization
- 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.
- 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.
- Freddie Mac provides anticipated base salary ranges where required by law.
Refer code: 2271959. Freddie Mac - The previous day - 2023-01-31 19:45
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