Enterprise Operational Risk Senior

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:

Are you passionate about operational risk management and ready to deepen your impact in the mortgage finance industry? We are seeking a Senior to join the Enterprise Business Risk and Control Office (EBRCO) Risk Methodology and Practices (RMP) team. In this role, you will support the implementation and execution of consistent operational risk practices across divisions, working closely with both first and second line teams to strengthen risk identification, assessment, monitoring, and governance.

This role operates with strong individual contribution and subject‑matter expertise, while partnering closely with Leads and Directors on enterprise initiatives.

Our Impact:
The EBRCO – RMP team drives the consistent application of operational risk practices across the enterprise, enhancing risk transparency and governance. We collaborate with first line risk and control teams and second line governance functions to ensure alignment with the Enterprise Risk Framework, policies, and regulatory expectations.

Your Impact:

• Support Enterprise Operational Risk Leads and Directors in executing operational risk practices, including participation in material non‑financial risk assessments, development of key risk indicators and other metrics, and contributing to the Enterprise non‑financial risk profile.
• Partner with first line risk and control teams to help embed risk practices, define and operationalize risk metrics, promote transparency, and facilitate timely risk identification and mitigation.
• Develop and maintain operational risk templates, job aids, and documentation, including standardized metric definitions, thresholds, and reporting guidance, to support consistent application across divisions.
• Perform RCSA quality reviews and support thematic risk assessments, levering quantitative analysis and trend data to identify emerging risks or control weaknesses.
• Coordinate with Enterprise Risk Management (second line) to support alignment of governance of risk metrics, alignment of methodologies, data standards and reporting expectations across the enterprise.
• Contribute to risk aggregation reporting, data-driven trend analysis, and preparation of materials for escalation to governance forums, translating analytics into clear decision-ready insights.
• Support the design and enhancement of risk tools, reporting, and technology solutions with a focus on data quality, metric automation, and analytical usabilty.
• Assist in the development of metrics, templates, and governance routines to standardize reporting practices.
• Participate in risk culture initiatives, training, and communications to enhance awareness and accountability and effective use of metrics and analytics in risk management.
• Identify opportunities for continuous improvement and simplification of risk practices, tools, and governance routines including rationalization of metrics and enhancements of analytical insights.

Qualifications:

• 5+ years of experience in operational and/or compliance risk management, enterprise risk management, or related fields within financial services.
• Experience working collaboratively across teams and supporting cross‑functional initiatives.
• Working knowledge of risk frameworks (RCSA, control frameworks, monitoring, etc.), metric governance practices and regulatory expectations.
• Strong analytical, problem‑solving, and communication skills, with the ability to clearly document and explain risk concepts, working with quantitative data, reporting tools or risk systems, to support decision-ready risk insights.
• Demonstrated ability to translate business and risk objectives into measurable metrics with clear definitions, documentation and reporting standards.
• Experience supporting the development, execution, or enhancement of risk frameworks and practices, including designing, defining or governing risk metrics.
• Bachelor’s degree or relevant work experience, preferred

Keys to Success in this Role:

• Strong analytical and critical thinking skills with attention to detail.
• Ability to translate risk concepts into clear, business‑relevant insights.
• Effective relationship‑building and collaboration skills.
• Strong written documentation and verbal communication abilities.
• Commitment to fostering a proactive and consistent risk culture.

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: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 $98,000 - $148,000 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.