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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.
Seeking an Operational Risk Senior Business Lead within the SingleFamily Portfolio & Servicing (SFPS) Tech Risk Sustainability & Governance team! This individual will be an advocate and champion of the risk framework and policy driving awareness adoption and in our focus areas across the division. These focus areas include Technology Data Management & Privacy Models NonModels Artificial Intelligence (AI) and Climate Risk. The ideal candidate is a leader with vision who develops and implements solutions to ensure material risks are proactively identified assessed documented and appropriately responded to.
The Tech Risk Sustainability & Governance team supports the SFPS Division to ensure compliance with related emerging corporate operational risk policies and standards and by supporting department leadership in the drive and of strategy and objectives to help ensure efficient and effective of first line of defense 1LOD) operational risk processes and controls.
As a SFPS Operational Risk Senior Business Lead you will be responsible for developing and implementing governance structure and activities to effectively manage model nonmodel and AI usage risks and over time mature these functions. This role will provideopportunities to broaden your business and risk competence skills strengthen your customer engagement and leadership skills. Responsibilities include:
Influence and implement Corporate Model & NonModel Risk AI Guidance and the upcoming associated Policies and Standard(s) which are under development by the Enterprise.
Develop and implement process and procedure that meets corporate requirements and creates a riskaware culture
Significantly contribute to efforts to mature model nonmodel and AI governance capabilities and find opportunities to innovate streamline and reduce inefficiencies
Proactively lead governance activities for SFPS owned models track various activities to ensure their timely
Proactively work with Model Business Owners Model Development Owners and other relevant partners in the division on model riskrelated challenges
Build constructive working relationships within SFPS peers in other divisions Enterprise Model Governance Internal Audit and Regulatory Affairs
Provide support to the model partners during EMR oversight activities Internal Audit exams and FHFA exams
Proactively remediate model issues and partner with SFPS issue owners on remediation activities
Collaborate with relevant partners and divisional governance teams to conduct gap assessments of applicable corporate policies/standards and applicable legal/regulatory obligations
Actively engage in identifying and assessing risks and controls during annual and quarterly SFPS Risk & Control Self Assessments (RCSAs)
Produce model related reporting for various committees and lead the divisional model related forum
Undertake adhoc projects as needed
1012 years of related experience
Degree or equivalent experience in Economics Finance Statistics Information Systems or related fields preferred
Subject Matter Expertise in model governance
Selfmotivated with the ability to interact effectively with various partners
Strong analytical and problemsolving skills with a high level of attention to detail
Growth mindset and desire to continuously improve and innovate
Excellent written and verbal communication skills
Strong Project Management skills
Ability and willingness to tackle complex projects and find practical solutions without a defined script
Lead and adapt to change in a fluid environment while continuing to deliver quality deliverables
Ability to develop positive relationships across the organization to promote a more collaborative environment.
High ethical standards excellent judgment and a sense of personal initiative
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 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 $159000 $239000 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:
Senior IC
Full-Time