Multifamily Risk and Controls Senior (Hybrid - 3 Days in Office)

Posted 21 Hours Ago
Be an Early Applicant
McLean, VA
96K-144K Annually
Senior level
Financial Services
The Role
The Multifamily Risk and Controls Senior at Freddie Mac will identify and assess operational risks, conduct risk assessments, support issue management, investigate risk events, maintain operational risk data, and develop reporting and analytics related to Multifamily risk across the organization.
Summary Generated by Built In

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:

This role is in Governance and Business Services (GBS) and is part of 1st Line of Defense (LOD) within the Multifamily Division at Freddie Mac. GBS is responsible for identifying and measuring operational risks, analyzing and reporting on risks, and collaborating with the Three Lines of Defense and management across the company.

In this role, operational risks include SOX, data privacy, information security, business continuity, laws/regulations, performing risk assessments, and control design, and implementation. GBS leads the division with compliance to the Corporate Enterprise Risk Management framework including compliance with Risk Identification and Reporting.

The Risk and Control Senior will work on diverse and complex issues, where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trends and emerging risks. The responsibilities are time sensitive and have a high-level of visibility within Multifamily and across the company.

Apply now to learn about our excellent benefits and why there's #moreatfreddiemac!

Our Impact:

We provide strong operational risk management knowledge and advice to the Multifamily Business and optimally manage risk in line with the 2nd Line of Defense, policies and standards with the targeted use of innovative strategies and techniques.

Your Impact:

As an integral part of our high performance team, you will proactively assist the team in managing operational risks. Your primary categories of work include:

  • Identify and assess relevant risks in business, design adequate controls that mitigate risks

  • Prepare, conduct, and document Risk Control Self-Assessment for business areas

  • Provide end-to-end support to business throughout the issue management lifecycle

  • Investigate operational risk events, prepare concise event report, document relevant issue, and guide the development of adequate remediation actions

  • Support business implementation of significant changes involving new product or regulatory requirement

  • Support business during oversight activities performed by the Internal Audit, 2nd Line of Defense, or Regulator

  • Monitor, track, and report on risks, issues, and issue remediation status

  • Maintain operational risk data stored in BWise, update system as needed to ensure data completeness and accuracy

  • Support Divisional reporting of risk assessments to Divisional Leadership

  • Work individually and with the business to identify, develop and implement operational efficiency and controls.

  • Engage with 2nd and 3rd Lines of Defense, including Enterprise Risk Management and Internal Audit

  • Present to senior management analysis over divisional risks, controls, and projects.

  • Develop innovative reporting and analytics related to Multifamily risk

Qualifications:

  • 5-7 years related work experience

  • Ability to evaluate and review the compliance against established policies and standards

  • Ability to see the big picture and synthesize information from various sources into concise written documents

  • Must be able to work independently with minimal direction and collaborate effectively

  • Excellent written and verbal communication skills

  • Strong Excel, PowerPoint, and SharePoint skills

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

Keys to Success in this Role:

  • Curiosity and interest in learning the Multifamily business

  • Desire to understand and apply the Operational Risk Management framework

  • Detail oriented and result driven

  • Ability to multi-task and prioritize

  • Team player with positive attitude

  • Strong work ethic

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.

Top Skills

Excel
PowerPoint
Sharepoint
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The Company
HQ: McLean, VA
9,809 Employees
On-site Workplace
Year Founded: 1970

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.

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