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 someone who desires a dynamic work environment that supports a fast-paced business model? Do you have strong attention to detail with a desire to grow and have a passion for Capital Markets? If this describes you, then please apply for the Derivatives Operations Senior position!
Our Impact:
The Investments and Capital Markets (I&CM) Derivatives Operations Team is responsible for back office activities supporting derivatives trading. We perform trade confirmations, process margin movements daily, settle payments, and work together closely as a team to complete our daily functions.
Your Impact:
In this role you will be responsible for the following:
- Trade processing, confirmation and settlement.
- Processing of incoming/outgoing wire activity.
- Tracking and resolution of trade fails.
- Reconciliation and validation of trade data.
- Serve as point of contact with external vendors, and manage external clearing and custodial relationships.
- Maintain internal controls across the full trade life cycle.
- Partner with technology groups to identify workflow efficiency opportunities and enhance straight through processing.
- Provide resolutions to an extensive range of complicated problems. Solutions are innovative, thorough, and practicable.
- Work under limited direction and independently determine and develop approach to solutions. Work is evaluated upon completion for adequacy in satisfying objectives.
- Represent the organization as the principal point of contact on inquiries and often perform project leadership role.
- Interact with senior customer personnel on significant technical matters frequently requiring coordination across organizational lines.
- Serve as an operational liaison for trading staff, counterparties, brokers, clearing agents, internal business areas, and internal/external auditors.
Qualifications:
- Minimum of 5 - 7 years related experience in capital markets operations or finance.
- Bachelor’s Degree in Finance, Business Administration or related field, or an equivalent combination of education and related experience; advanced studies/degree preferred.
- Strong ability to balance baseline activities and prioritize multiple projects simultaneously.
- Effective written and oral communication skills.
- Strong work ethic, positive attitude, teammate with good people and leadership skills.
- Ability to work in a team environment as well as autonomously under pressure situations with sensitive deadlines.
- Ability to communicate effectively with trading personnel, technology staff, accounting, audit, and legal.
- Proficiency with the Microsoft Office suite, especially Microsoft Excel.
Keys to Success in this Role:
- Meticulous attention to detail
- Clear and effective communication skills
- Proactive with the ability to think holistically
- Multi-tasker, self-starter, agile
- Comfortable working in a collaborative work environment
- Trustworthy, dependable, and responsible
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:Non-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 $89,000 - $133,000 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.
What We Do
Freddie Mac is serving America’s homebuyers, homeowners and renters by financing the creation and preservation of more affordable homeownership and rental opportunities, providing liquidity, stability and affordability to the housing market. We are Making Home Possible for families across the nation.