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You will be updated with latest job alerts via emailAt Freddie Mac you will do important work to build a better housing finance system and youll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Do you enjoy critical thinking problem solving and collaborating with teammates We are looking for an analytical and highly motivated selfstarter to join our dedicated and fastpaced Enterprise Third Party Risk Management team. Apply now and learn why Freddie Mac is #HomeToMore!
The Third Party Risk Manager will assist the team with the development of Freddie Macs approach to managing third party risk in line with leading and evolving industry practices and for reporting and monitoring of the third party specific risk profile.
The Manager will work in collaboration with the business risk leads to oversee the implementation of the third party risk framework policies and standards in the business and monitoring adherence. You will assist the program with oversight of the third party risk type and have a view of the risk profile across the enterprise.
We are the enterprise first line of defense team for Third Party Risk Management. We support our divisions and partners on all matters and activities related to third parties.
You will be an integral part of the team and your work will fall into the following:
Process Management & Implementation
Drive consistent implementation and adherence to the third party risk framework elements in the 1LOD (e.g. policies standards tools etc. across Freddie Mac (in conjunction with businessaligned risk partners who act as the central point of contact for 1LOD)
Provide guidance to 1LOD on implementing and maintaining third party management processes mitigating risks and implementing controls (in conjunction with businessaligned risk partners)
Support development of third party domain risk framework policies risk appetite and risk taxonomy. Collaborate with the divisions second line and third line partners to ensure consistency with the overall operational risk framework policies and standards
Support development of content for the required training for the lines of businesses and supporting functions (e.g. Finance) on third party risk management topics (e.g. framework policies emerging risks) and collaborate with the stakeholders as well as businessaligned risk partners to deliver it
Establishing supporting and promoting standard processes related to third party risk approaches
Subject Matter Advisory Support & Training
Support building of key relationships for the monitoring and assessment of identification severity and remediation of highrisk third party issues across the enterprise
Pursuing coalition building and advising business partners on the implementation of the Third Party framework to ensure adherence to 3rd Party policies standards and procedures
Coordinating efforts for developing facilitating and delivering of training related to the Third Party Risk framework
Communicate and support implementation of any third party risk reporting requirements within the lines of business in collaboration with key partners
Monitor operational risk and optimizing approaches for third party risk reduction interpreting results evaluating third party risk profile impact and identifying trends and emerging risks
Bachelors degree in related field
7 years of demonstrated ability in operational risk management at a large financial services institution(s)
Knowledge of the third party management lifecycle and its overall business processes controls and risk exposure (e.g. third party identification selection management termination) and applicable laws and regulations
Understanding of regulatory requirements and expectations related to operational risk management (e.g. FHFA)
Ability to work optimally and collaboratively with diverse group of partners
Ability to empower and inspire action through interpersonal skills such as relationship building
Strong intuition for business and problemsolving ability
Strong critical thinking and problemsolving skills
Produce concise and insightful reports/documents
Proactive and has the ability to think holistically and creatively
Growth mindset accepts change and innovation
Phenomenal teammate with a positive attitude
Current Freddie Mac employees please apply through the internal career site.
Today Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart creative and dedicated team and youll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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 Macs business. This includes employee commitment to our acceptable use policy applying a vigilancefirst 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 and register with our referral code: MAC.
Timetype:Full timeFLSA Status:ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and marketleading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized marketbased salary range of $124000 $186000 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.Required Experience:
Manager
Full-Time