Operational Risk Governance, Senior (Capital Markets)
Posted on: 9 Jul 2021
McLean, VA
Job Description
Position Overview:
Do you enjoy critical thinking, problem solving, and collaborating with teammates? We are looking for an analytical and highly motivated self-starter to join our hardworking and fast-paced I&CM Risk Governance team. Apply now and learn why there’s #MoreAtFreddieMac!
**This position can be performed currently from a remote location in the U.S. but will require presence in a Freddie Mac office in the future.***
Our Impact:
We are the first line of defense team for Investments & Capital Markets. We support our division on all matters and activities related to operational risk management.
Your Impact:
In this role, you will be an integral part of the Investments & Capital Markets risk governance team and will be expected to
Facilitate quarterly Risk and Control Self Assessments
Conduct timely review of incidents and operational risk events to identify and validate risks, determine root cause, assess impact, and produce concise write-ups
Identify, assess and design remediation action plans for issues and monitor their progress to completion
Update, and validate accuracy of risk data in BWise, an operational risk database
Conduct control-based testing for design and operating effectiveness
Undertake gap analysis of corporate policies and standards
Develop, improve and streamline divisional procedures and job aides
Analyze operational risk related data, monitor key indicators and produce monthly risk governance reports and materials for Risk Committees
Collaborate with various partners in Capital Markets and other parts of the organization
Challenge status quo and find opportunities to improve and streamline existing processes
Undertake ad-hoc projects as needed
Qualifications:
Undergraduate degree in Business, Economics, Finance or equivalent
Minimum 5 years’ experience in Risk Management for Capital Markets and/or Audit for Capital Markets
Solid understanding of operational risk management framework
Excellent written and verbal communication skills
Ability to challenge status quo, strong analytical skills and pays attention to detail
Gravitas to interact effectively with all levels, including Senior Management
Keys to Success in this Role:
Strong critical thinking and problem-solving skills
Produce concise and insightful reports/documents
Proactive and has the ability to think holistically and creatively
Growth mindset, accepts change and innovation
Team player with a positive attitude
Freddie Mac
McLean, VA
Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions.
The Multifamily segment engages in the purchase, sale, securitization, and guarantee activities in multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees, as well as post-construction financing to apartment project operators.
The Capital Markets segment invests principally in mortgage-related investments portfolio and single-family performing and re-performing loans. This segment serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and lenders. Freddie Mac was founded in 1970 and is headquartered in McLean, Virginia.
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IndustryPublic Services
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No. of Employees6,600
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Website
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Jobs Posted197
