Professional – Counterparty Risk Management
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.
This position supports the ongoing measurement monitoring and management of counterparty credit risk across multiple portfolios. The role works closely with ALM Cash Window Retained Portfolio and other trading desks to ensure counterparty exposures remain within approved limits and risk appetite. The position offers deep exposure to counterparty risk modeling and regulatory capital frameworks a strong foundation for growth within the capital markets space and opportunities to influence business decisionmaking.
- Act as primary user and model business owner for counterparty exposure models including both stochastic and deterministic methodologies
- Support model change management including development of business requirements (often to support new business initiatives) coordination with technology partners and execution of user acceptance testing
- Develop and maintain a working understanding of ICM technology and data infrastructure relevant to counterparty exposure stress testing and capital calculations
- Provide ad hoc analysis and support to senior management ERM and Trading among other business stakeholders as needed
- Perform daily counterparty exposure calculations and monitor compliance with approved counterparty limits
- Execute periodic stress testing including regulatory and internal scenarios and support related reporting
- Support regulatory capital calculations and methodologies related to counterparty credit risk
- 25 years of relevant professional experience in risk management quantitative analysis finance or a related discipline
- Strong analytical problemsolving and quantitative skills
- Advanced Microsoft Excel skills required
Keys to Success
- Demonstrated written and verbal communication skills with the ability to communicate technical concepts clearly to different audiences
- Ability to manage multiple priorities and perform effectively in a fastpaced environment
- Experience with SQL and Python strongly preferred
- Experience with or strong interest in artificial intelligence / generative AI tools and techniques strongly preferred
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:Non-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 $96000 - $144000 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:
Unclear Seniority
About Company
We are supporting America's homeowners and renters while serving as a stabilizing force in the U.S. housing finance system.