Operational Risk Business Lead, Exams and Audits

Position Overview:

We areseeking an experienced businessleadto join our Divisional Risk Management team as the Operational Risk Exams and Audit Business this pivotal role you will oversee operational risk activities related to the development implementation and management of business processes across the organization. Key responsibilities include ensuring strong governanceidentifyingand mitigating risks within Single-Family Acquisitions (SFA) operations and supporting internal audits and regulatory (FHFA) examinations. You will coordinate and execute exam and audit activities partner with business units risk and compliance teams tomaintaineffective controls drivetimelyremediation of process issues and promote a culture of operational excellence and compliance throughout the organization.

We invite you to apply and contribute to Freddie Macs mission of making home possible!

Our Impact:

The Single-Family Acquisitions Operational Risk team safeguards Freddie Macs mission by proactively identifying and addressing operational risks. Through rigorous exams and audits we strengthen risk controls enhance compliance and enable confident decision-makingensuring the integrity and resilience of single-family acquisitions.

Your Impact:

The primary responsibilities generally fall into the following two categories:

Regulatory Exams Governance and Audits:

• Facilitate internal meetings to identify document escalate and resolve roadblocks during audits and regulatory exams.

• Collaborate with key stakeholders (process owners project managers enterprise risk Internal Audit and regulatory agencies) to facilitate exam and audit processes end-to-end.

• Partner with the Business areas as an operational risk subject matter expert to provide feedback/input on business process policies standards risks /controls and procedures.

• Work with the Governance Team to deliver management and business divisions with summaries operational and regulatory risk assessment reports trending and remedial or mitigation solutions.

• Maintain a centralized audit trackertomonitorengagement progressevidencesubmission and reporting deadlines.

• Reporting:Ensuretimelyprogress andstatusreporting on exams and audits and any impending issues.

Issue Management/Operational Risk:

• Provide oversight and review of action plans for all audit findings and regulatory issues; ensure completion of action plans in a timely manner.

• Partner with management to evaluate progress on risk assessments and remediation of key issues facilitating the overall improvement of the internal control environment.

• Demonstrate working proficiency with Governance Risk and Compliance (GRC)/Risk Management Tools such as Bwise ServiceNow or similar platforms.

• Review develop and communicate divisional risk and control assessments.

• Assist management in gathering analyzing aggregating and reporting issue remediation progress.

Qualifications:

• Bachelors degree in Risk Management Business Administration Finance or related field preferred

• 8-10 years of experience in operational risk audit compliance or issue management within financial services or banking. Advanced degrees or certifications (e.g. PMP CISA CPA) are preferred.

• Strong understanding of business process-related policies standards and procedures regulatory requirements risk frameworks and internal control best practices.

• Proficient in GRC platforms ( ServiceNow) and reporting tools (e.g. Power BI Tableau).

• Detail oriented with hands-on experience in end-to-end exam/audit and issue management activities.

• Exceptional communication & presentation skills to effectively engage with internal stakeholders and external regulators.

• Superior critical thinking skills with a proactive approach to identify risks and develop mitigation strategies.

• Excellent organizational skills with strong analytical & proven problem-solving abilities

Keys to Success in this Role:

• Significant experience handling multi-faceted projects simultaneously that have cross-departmental impact.

• Detail-oriented with strong quantitative/analytical skills.

• Proven ability to plan organize and effectively complete risk mitigation and operational improvement initiatives.

• Outstanding communication and negotiation skills.

• Expert skill using innovative thinking to solve problems and facilitate the decision-making process.