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Form of workPosition Overview:
Freddie Mac Multifamily is a leading innovator in the Multifamily mortgage market, and we are seeking a motivated and independent senior to join our dynamic Risk Management team. If you are passionate about finance, eager to learn about commercial real estate, and thrive in a self-driven environment, we want to hear from you. As a member of the Counterparty Risk & Compliance (CRC) team, you will play a crucial role in managing and reporting on third-party risk. This position offers an excellent opportunity to work directly with management, grow your expertise in the commercial real estate industry, and contribute to the success of our Risk Management efforts.
Our Impact:
- Our team is responsible for reducing Counterparty Risk to Freddie Mac Multifamily by:
- Evaluating and mitigating risk posed by new counterparties that want to do business with Freddie Mac
- Performing risk assessments on existing counterparties undergoing organizational changes (e.g., mergers, acquisitions)
- Approving the expansion of loan products that current counterparties can sell to Freddie Mac
- Implementing third-party Risk Management strategies for the Multifamily division
- Reporting on Counterparty Risk to senior leadership and enterprise collaborators
- Designing and implementing technology improvements for managing Counterparty Risk data
Your Impact:
You will have an impact in helping to reduce risk by:
- Managing risk reporting processes for both divisional and enterprise reporting
- Facilitating Management Reporting meetings and creating meeting materials
- Documenting risk evaluation of new initiatives by working with business partners within the Multifamily division
- Reviewing controls for the CRC team and supporting annual testing on control effectiveness
- Working with Enterprise Risk Management and Internal Audit to support their testing of the CRC team, and leading the resolution of issues and incidents
- Reviewing corporate policies and standards to ensure compliance of the CRC team
- Supporting inherent and residual risk assessments for Multifamily counterparties
- Managing ad-hoc projects for the Office of the Chief Operating Officer of Multifamily
- Supporting the implementation of a technology framework to modernize Multifamily risk reporting capabilities, and confirming data quality used for reporting
Qualifications:
- 5+ years of experience in Risk Management, financial services, or management consulting
- College degree in Finance, Business Administration, Economics, Real Estate, or related field
- Excellent verbal and written communication skills with the ability to clearly convey complex information to leadership
- Experience in confidently presenting and creating compelling meeting materials
- Strong organizational skills, including the ability to prioritize key tasks, work independently, and meet deadlines
- Experience in project management including the ability to lead multiple projects simultaneously and coordinate across teams
- Strong analytical skills with the ability to assess data, identify trends, and provide valuable insights
- Business proficiency in the Multifamily Commercial Real Estate industry
- Proficiency in Microsoft Office
Keys to Success in this Role:
- Commitment to excellence: candidate takes initiative, pays attention to detail, and achieves results.
- Focus on collaboration: candidate shows executive presence, manages collaborative relationships, and facilitates effective meetings.
- Willingness to learn: candidate seeks to gain knowledge of the multifamily business and processes, and uses that knowledge to understand the needs of our business partners.
- Analytical problem solver: candidate displays sound professional judgment, identifies solutions, and asks critical questions
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.
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 $104,000 - $156,000 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.
