Cash Management Professional

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:

If you are a detail-oriented individual with basic accounting skills, functional understanding of cash management, and can work within defined timeframes you may be a good fit for the Multifamily Cash Management team. Our opening for a Cash Management Professional is to find the ideal candidate who enjoys working on a small team with a large impact to the Multifamily mission - “To keep rental housing available across the country by providing liquidity, stability, and affordability to the market, all while delivering positive returns to our stakeholders.”

Our Impact:

Multifamily Cash Management team is responsible for ensuring all Multifamily activities (incoming and outgoing) are processed in a secure environment with completeness and accuracy. Additionally, provide insight to management regarding the division’s cash position through Cash Flow Forecasting.

Your Impact:

• Perform daily banking and cash reporting for Multifamily, including ACH management, wire transfers, and ensure all negative positions are resolved according to departmental and corporate policies.
• Complete daily bank reconciliations.
• Partner with Accounts Payable to ensure appropriate processing of Multifamily expense payment transactions.
• Track cash movement activities through in-house proprietary systems and external cash management banking applications.
• Process payments for receivables and payables.
• Set up counterparty delivery instructions.
• Assist with all counterparty reviews and validations as precursor to wire instruction setups and maintenance.
• Assist with maintaining the Multifamily Cash Management team’s policies and procedures.
• Participate in departmental audits.
• Provide monthly management metrics.
• Assist with cash flow forecasting of Multifamily' s transactional data. Serve as a departmental day-to-day contact for stakeholders in Corporate Treasury, external banking, and other parts of the Multifamily Division.

Qualifications:

• Bachelor’s degree in a related field such as Finance, Accounting or Business, or equivalent experience, preferred.
• 3 or more years of comparable work in cash management, banking operations, accounting, or accounts receivable.
• Certified Treasury Professional (CTP) or candidate, preferred.
• Intermediate level proficiency with Microsoft Office (Microsoft Word, Excel, and Access database preferred).
• Knowledge of Workday and Compass with Oracle financial software products desired.
• Experience using SQL queries (i.e. Rapid SQL and/or MS Query), preferred.

Keys to Success in this Role:

• Ability to problem-solve.
• Strong communication and interpersonal skills
• Demonstrated ability to work effectively in a team environment.
• Strong organizational skills
• High degree of initiative and self-motivation
• Assist with all counter-party reviews and validations as precursor to wire instruction setups and maintenance.

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

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 $77,000 - $115,000 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.