Multifamily Risk and Controls Manager

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:

This role is in Governance and Business Services (GBS) and is part of 1st Line within the Multifamily Division at Freddie Mac in McLean, VA. GBS leads the division in managing operational risk, in compliance with the Corporate Enterprise Risk Management framework.

As Risk & Controls Manager in GBS, you will support Multifamily Process Owners in managing operational risks facing their processes using an integrated approach for operational risk frameworks and processes and in collaboration with the 2nd line, 3rd line and other business lines counterparts. You will lead risk assessments, design and implementation of controls, issue remediation and other operational risk management activities. 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 drive effective management of operational risk within the MF division, in line with corporate policies and standards, by identifying, assessing, monitoring, managing and reporting on operational risks, proactively engaging with the business areas and acting as a trusted advisor on operational risk matters.

Your Impact:

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

• Engage business area to identify and assess relevant risks in business and design adequate controls that mitigate risks
• Prepare, conduct, and document risk & control self-assessment (RCSA) for business areas
• Provide end-to-end support to business throughout the issue management lifecycle
• Investigate and document operational risk events and guide the development of remediation actions
• Support implementation of significant changes, such as new products or regulatory requirements
• Support business area during audit and oversight activities and regulator examinations
• Keep abreast of current business trends and emerging risks and assess their impact on operational risk
• Maintain operational risk data stored in BWise, ensuring completeness and accuracy
• Support reporting on risk & control assessments and operational risk to divisional Leadership
• Work individually and with the business to identify, develop and implement operational efficiency
• Provide leadership and guidance to less experienced staff

Qualifications:

• College degree with 8+ years related work experience, such as Risk Management and/or Internal Audit
• 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
• Proven risk literacy – the ability to describe use cases and outcomes, risk sources and management concepts across business and technology domains
• Must be able to work independently with minimal direction and collaborate effectively
• Strong Excel, PowerPoint, and SharePoint skills
• An understanding of the Multifamily space and the key topics impacting Multifamily is a plus

Keys to Success in this Role:

• Curiosity and interest in learning the Multifamily business
• Drive to understand and apply the Operational Risk Management framework
• Taking ownership to drive results delivering high-quality and timely products
• Independent judgment
• Detail oriented
• Ability to multi-task and prioritize

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 $126,000 - $190,000 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.