Investments & Capital Markets Risk & Governance Associate (Third Party Risk Mgmt.)

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.

Position Overview:

Are you looking for a chance to create a substantial impact to a program supporting Freddie Macs core mission Are you someone who collaborates well with various partners displays excellent communication skills and can quickly adapt to a continuously evolving environment On the Investment & Capital Markets (I&CM) Third Party Risk Management team we partner with I&CM Third Party Relationship Managers and Officers to identify assess and mitigate risks associated with third-party engagements.

Our Impact:

This position will support 1st line of defense (1LOD) third party risk management activities for the Investments & Capital Markets (I&CM) division including trading back office technology and modeling functions. The successful candidate will be responsible for developing their subject matter knowledge in and performing I&CMs third party risk oversight 1LOD strategy and framework.

Your Impact:

• Identifying monitoring and managing risks associated with I&CM third parties

• Responsible for completion of periodic risk assessments of existing I&CM third parties as well as the onboarding and evaluation of new I&CM third parties in collaboration with I&CM Relationship Managers and other partners

• Facilitating timely remediation of gaps and issues related to I&CM third party risk management

• Developing reporting and monitoring KRIs and critical metrics related to I&CM third party risk management and oversight

• Updating and maintaining documentation (including procedures and inventories) in support of I&CM third party risk management

• Contributing to the continuous improvement of I&CMs third party risk management process

• Collaborating with internal stakeholders and external third parties to promote consistent and effective application of third party risk management practices

• Utilizing risk management and AI tools and systems to support execution of third party risk management activities

• Manage the end-to-end process for processing contingent workers within I&CM ensuring Corporate Policy/Standard compliance efficient onboarding and budget approvals

Qualifications:

• 0-2 years of related professional experience

• Bachelors degree or equivalent experience

• Knowledge of third party risk management

• Experience assessing operational risk and internal control environments

• Strong organizational skills and the ability to balance multiple assignments

• Strong written and verbal communication and presentation skills

• Ability to develop effective partnerships across the firm

• Knowledge of secondary mortgage market and Freddie Macs business a plus

Keys to Success in this Role:

• Highly motivated and upbeat self-starter with a proactive mindset! with strong organizational and time management skills

• Ability to operate at high standards of quality and accuracy within a fast-paced changing environment including the ability to manage multiple assignments concurrently

• Demonstrate strong analytical skills to assess and monitor third-party risks including operational reputational and legal & compliance risks.

• Excellent verbal written communication skills

• Exhibit attention to detail when completing third party risk management work products

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.