At Freddie Mac our mission of Making Home Possible is what motivates us and its 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.
If you are a smart curious self-motivated professional with a passion for multifamily real estate Freddie Mac might be the employer for you! We are looking for a Customer Risk Evaluation Senior to join Counterparty Risk & Compliance (CRC) groups Servicer Compliance team. Strong analytical and interpersonal skills are a must!
As a Customer Risk Evaluation Senior you will evaluate Seller/Servicers compliance to eligibility requirements in the Freddie Mac Multifamily Seller/Servicer Guide and to requirements set forth in Pooling & Servicing Agreements. Your contributions will support the teams ongoing monitoring of operational risks posed to Freddie Mac by our Multifamily Seller/Servicer network.
This team within the Counterparty Risk & Compliance department reviews monitors and reports on counterparty eligibility compliance and maintains the divisions ratings as both a Master Servicer and Special Servicer. Our team is primarily responsible for:
Reviewing annual Seller/Servicer certifications to ensure continued eligibility
Monitoring custodial accounts and depository institutions
Processing organizational change notifications
Coordinating rating agency reviews for our role as Master & Special Servicer
Performing various risk mitigation activities including portfolio seizures and transfers of servicing
Ensuring accuracy of Seller/Servicer data in multiple systems
Approving changes in Special Servicers
Provide audit team with pre-audit information requests for Seller/Servicers
Perform monthly quarterly and annual reporting for internal & external stakeholders
Provide training to new team members
Create job aids process flows and update team procedures annually
Assist with requirements gathering and UAT testing for enhancement releases for proprietary system Multifamily Eligibility System
Create internal job aids and external user manuals for Multifamily Eligibility System
Conduct annual eligibility reviews of Multifamily Seller/Servicers
Review Monthly Quarterly and Annual post-securitization reporting from Seller/Servicers
Review and approve Seller/Servicer Change Notification forms completed by team members
Coordinate departments annual records retention review
Conduct background searches on Multifamily Seller/Servicers and executives
Coordinate and facilitate meetings with our Multifamily customers
Bachelors Degree or equivalent experience
5-7 years of related professional work experience; experience in commercial real estate finance or GSEs strongly preferred
Advanced experience with Microsoft Office products Word Excel and PowerPoint
Proven ability to work accurately on projects with specific and measurable due dates and goals
Experience building and maintaining positive relationships with internal stakeholders and external customers
Knowledge of GSE servicing requirements
Work under limited direction with ability to prioritize effectively
Independently determine and develop approach to solutions
Ability to efficiently handle multiple projects simultaneously and be a flexible team player
Intellectual curiosity
Strong verbal and written communication skills
Excellent customer service
Strong organizational & time management skills
Working knowledge of securitized lending structures such as CMBS and the parties and roles within those structures.
Work product exhibits minimal errors
Stay current on policies and regulations that may affect the industry and be comfortable with transition and change
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 Macs 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 and register with our referral code: MAC.
Time-type:Full timeFLSA Status: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 $109000 - $163000 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.
We are supporting America's homeowners and renters while serving as a stabilizing force in the U.S. housing finance system.