Risk Analytics, Senior Director

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Position Overview:

Are you an innovative risk leader that wants to make an impact Do you want to put your passion talents and ambitions towards ensuring affordable and sustainable housing for families in all communities nationwide Join the Enterprise Risk Division and find #MoreAtFreddieMac.

The Senior Director Risk Analytics reports to the Vice President Enterprise Market Liquidity Counterparty Risk and Capital in the Enterprise Risk Division led by Freddie Macs Chief Risk Officer. The position is responsible for leading governance independent oversight and effective challenge of the companys processes for conducting stress testing loss forecasting capital planning and credit risk transfer. This role is central to ensuring the institutions resilience under adverse conditions maintaining prudent capital adequacy and strategically managing credit exposures through risk transfer mechanisms. The position engages broadly across the company with senior leaders in addition to industry experts and regulators to ensure effective risk management of these business processes. The successful candidate will combine quantitative expertise strategic insight and strong leadership to enhance enterprise-wide risk and capital management capabilities.

Our Impact:

The Financial Risk team within the Enterprise Risk Division is responsible for oversight and effective challenge of the companys most important risks including credit market and liquidity risks. Together we:

• Establish governance policies and standards that define how the company manages financial risks to support safety and soundness
• Monitor and report on the risk and control profile financial risk appetite and performance of risk indicators and metrics against thresholds and limits
• Communicate enterprise-wide risk management issues and emerging risks and monitor effective and timely issue resolution
• Provide timely and independent oversight and effective challenge of the companys financial risk management practices and risk-taking activities
• Assess risk to earnings and capital across a range of scenarios
• Execute an integrated oversight plan in collaboration with Operational Risk and Compliance to support the Chief Risk Officer in providing senior management and the Board with an enterprise view of risks

Your Impact:

As the Senior Director Risk Analytics an influential leader at Freddie Mac you will:

• Lead a talented team of professionals to provide governance and independent oversight of the companys design and execution of enterprise stress testing and capital management programs including scenario design selection of business assumptions model management and results interpretation and assessment against risk appetite
• Develop and maintain governance policies and standards that define how the company executes stress testing and capital planning and manages credit risk transfer in accordance with business strategy to support safety and soundness and comply with legal regulatory and conservator requirements
• Oversee the institutions capital management framework including capital adequacy assessments and coordination of regulatory capital submissions
• Provide second-line oversight of credit risk transfer activities such as securitizations and reinsurance arrangements to ensure compliance with risk appetite and regulatory expectations
• Evaluate processes and risks and assess controls used for managing stress testing capital planning and credit risk transfer and develop independent risk oversight processes and controls
• Conduct independent risk assessments and issue effective challenge as part of monitoring activities
• Conduct related model use assessments and method reviews
• Partner with Finance the business segments and Enterprise Risk to align stress testing and capital management outcomes with strategic and risk appetite objectives
• Present analyses and recommendations to senior management the Board Risk Committee and regulators as appropriate
• Monitor industry and sector trends and emerging regulatory developments (e.g. Basel III finalization Federal Reserve stress testing guidance) to inform stress testing and capital management activities
• Report to the Chief Compliance Officer on compliance with regulatory obligations

Qualifications:

• 15 years of experience in a combination of leadership roles in risk management loss forecasting capital planning or related functions within a large complex financial institution.
• Quantitative degree preferred in finance economics mathematics statistics or related field; Masters degree or professional certifications (e.g. FRM CFA) a plus
• Ability to understand stress testing methodologies capital adequacy frameworks and credit risk management practices
• Familiarity with relevant regulatory requirements including CCAR/DFAST and Basel standards
• Expertise in mortgage and fixed income products model loss estimation and loss forecasting
• Understanding of uncertainties and limitations of models methodologies and judgments used to measure and manage stress losses and capital adequacy
• Strong decision-making skills with the ability to work under pressure effectively to resolve critical issues
• Strong leadership skills with the ability to influence drive decision-making and lead and develop teams managing risk across complex financial portfolios
• Experience with analyzing complex financial data and risk management software and financial analysis tools (e.g. Python R Excel)
• Excellent verbal and written communication skills with the ability to communicate complex information to a variety of audiences including senior management and regulators in a clear and actionable manner
• Demonstrated track record of innovation in risk analytics data infrastructure or model governance practices.

Keys to Success in this Role:

• Effective collaboration to build trust and increase efficiency across the three lines including the business segment (I&CM SF and MF) and Finance Divisions Enterprise Risk Division and Internal Audit and with FHFA
• Ability to communicate effectively and efficiently
• Expertise and authority to maintain independence critically review and provide effective challenge of the companys stress testing and capital management practices and credit risk transfer activities
• Ability to prioritize across multiple competing tasks manage teams effectively and deliver timely high-quality and well-documented oversight outcomes
• Strong organization skills analytical mindset and ability to work in a fast-paced environment against tight deadlines
• Remain current on the latest financial risk management developments regulations and industry trends
• Ability to attract and develop risk talent

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.

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Freddie 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.