Associate General Counsel Tax (Employee Benefits & Compensation)
McLean, MD - USA
Job Summary
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 an attorney with substantial tax expertise in complex employee benefits compensation and payroll tax matters Would you enjoy working in a dynamic and mission-oriented Fortune 50 company
The Governance Disclosure and Benefits department in the Freddie Mac Legal Division is seeking a proactive attorney with superior tax analytical and communication skills to join its legal staff as an Associate General Counsel.
Our Impact:
The Governance Disclosure and Benefits team provides critical legal advice and support to key clients within the company on a variety of issues including tax matters affecting the Companys employee benefits compensation executive and other workforcerelated programs or initiatives.
We collaborate with internal stakeholders and external advisors to monitor and respond to evolving tax law developments and provide practical and proactive legal advice aligned with the Companys business objectives and regulatory obligations
Your Impact:
Provide quality timely and value-added legal advice on federal tax laws applicable to employee health and welfare plans retirement plans (tax-qualified and non-qualified) fringe benefits and compensation and deferred compensation programs (including compliance with IRC sections 409A and 162(m))
Support payroll tax compliance by advising on federal and state income tax withholding and reporting and applicable employment taxes
Educate and inform clients including through clear and concise memos charts spreadsheets and similar documents and help them develop compliance approaches
Partner with Human Resources and other clients on the design implementation and administration of employee benefit plans and executive compensation programs
Advise on tax considerations related to corporate restructurings legal settlements workforce changes and other business initiatives affecting employees and executives
Interact directly with outside counsel auditors regulators and thirdparty service providers on tax benefits and compensation matters
Monitor and analyze legal regulatory and policy developments in tax law affecting employee benefits compensation programs and employment taxes and provide timely guidance to stakeholders
Qualifications:
Juris Doctor (JD) degree membership in good standing in a state Bar and a minimum of 10 years of legal experience
Significant experience providing proactive accessible legal advice to business partners on federal tax laws applicable to employee retirement and health & welfare plans fringe benefits and executive and deferred compensation
Expertise with federal and state income and employment tax withholding and reporting
Experience partnering with clients in the design and administration of employee benefit and compensation programs including tax compliance and risk management
Outstanding oral and written communication skills including the ability to explain complex legal concepts in a clear practical and businessfocused manner
Ability to work independently or as part of a team manage multiple complex matters in an ever-changing environment and to adapt to changing circumstances
Substantial experience providing legal advice to and working directly with business teams in areas such as HR payroll and finance
Familiarity with ERISA preferred including fiduciary issues and plan drafting
In-house experience a plus
Keys to Success in this Role:
Intellectual skill experience and judgment to serve as a trusted legal advisor to clients throughout the organization including members of senior management and the board of directors
Demonstrated general knowledge of AI tools and technologies with a strong commitment to continuous learning and staying up-to-date with advancements in AI
Strong attention to detail and ability to identify assess and advise on legal risks
Excellent organizational and project management skills across multiple stakeholders and initiatives
Outstanding oral and written communication skills
Excellent sense of humor
Ability to build and maintain strong collaborative relationships with colleagues and internal clients and to thrive in a dynamic corporate environment
Commitment to track key learning and business initiatives including staying current on tax law developments affecting employee benefits compensation and payroll matters
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 $231000 - $347000 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:
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About Company
We are supporting America's homeowners and renters while serving as a stabilizing force in the U.S. housing finance system.