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.
The Single-Family Professional-level position is responsible for supporting the end-to-end scoping process for counterparty risk reviews within Single-Family Acquisitions. The ideal candidate will have at least 3-5 years of mortgage or financial data experience, demonstrate strong analytical skills, and possess the diplomacy required to interact with a variety of internal and external business partners. This role requires a proactive, accountable, and approachable individual who can drive actionable outcomes, meet deadlines, ensure quality and consistency, and deliver process improvements.
The Counterparty Operational Risk team is responsible for managing third party compliance and operational risk for the division
Risk Identification & Evaluation
Contribute to building and maintaining processes that identify risk using data from collaborative dashboards.
Incorporate contributing risks into a overall risk evaluation.
Gather feedback from business units to generate a comprehensive baseline risk evaluation.
Evaluate and promote opportunities to leverage AI to standardize output and improve efficiency.
Stakeholder Engagement
Conduct calls with business units to align on goals, set expectations, and ask probing questions to gather relevant information.
Follow up with business units to ensure feedback is received, documented, and properly stored.
Send formal engagement letters to initiate communication with counterparties, customizing templates to ensure accuracy and professionalism.
Information Gathering & Documentation
Provide tailored questionnaires to counterparties for efficient information collection.
Send clear, concise information requests to gather all relevant data ahead of exams.
Follow up with counterparties on outstanding items.
Support internal documentation requirements.
Collaboration & Process Management
Collaborate on comprehensive testing matrices to organize test scenarios, track progress, and upload to repositories.
Rotationally support the Scoping Leads in all scoping activities, including counterparty risk analysis, drafting planning memos, engagement notifications, attachments, and testing matrices.
Facilitate the hand-off to Execution teams.
Process Improvement
Participate in process improvement projects, either by assignment or self-identified recommendations, to create efficiencies, promote appropriate use of AI, and standardize outputs.
Mailbox Management
Monitor and respond to emails in the shared mailbox with professionalism and within standard response timeframes.
Bachelor’s degree in business, Finance, Economics, or related field, or equivalent experience.
Minimum 3-5 years of experience working with mortgage originations and/or servicing or in a related financial analytical role.
Demonstrated experience in risk analysis, process management, and project management.
Advanced proficiency with Excel, Word, Salesforce, Power BI, SharePoint, and data visualization tools, such as Tableau.
Strong written and verbal communication skills.
Proven ability to interact diplomatically with a variety of internal and external stakeholders.
Experience with document management systems and secure data handling.
Preferred Qualifications
Experience in counterparty risk management.
Familiarity with AI tools and process automation.
Project management certification or experience.
Accountability: Remains aware of deliverables and deadlines, and follows through on commitments.
Approachability: Builds trust and rapport with colleagues and stakeholders.
Action-Oriented: Proactively identifies and recommends solutions.
Diplomacy: Handles sensitive situations with tact and professionalism.
Attention to Detail: Ensures accuracy and quality in all communications and documentation.
Process-Driven: Focuses on continuous improvement and standardization.
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 timeFLSA Status:Non-ExemptFreddie 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 $80,000 - $120,000 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.