Risk Management Graduate Intern – Business Summer 2027

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.

We are accepting applications for this position until 10/16/2026

At Freddie Mac you will do meaningful work that helps build a stronger housing finance system and supports homeownership and rental housing opportunities across the nation. Launch your career by contributing to one of the most important risk management functions in the financial services industry.

Our internships and graduate programs provide opportunities to tackle complex business challenges collaborate with experienced professionals and make an impact from day one. As an Enterprise Risk Business Intern you will gain exposure to enterprise-wide risk management practices emerging technology risks AI governance and strategic oversight activities while developing valuable analytical communication and leadership skills.

Enterprise Risk Management (ERM) helps build and maintain a strong effective and efficient risk management framework across Freddie Mac. We provide independent oversight and assessment of financial and non-financial risks while promoting a strong risk culture throughout the organization.

As risk management continues to evolve our teams play an increasingly important role in overseeing areas such as artificial intelligence model risk fraud risk data governance and enterprise-wide risk frameworks. We work across business functions to ensure that risk management practices remain effective scalable and aligned with regulatory and business expectations.

Project Support

As an intern you will support projects and initiatives that contribute to Enterprise Risk priorities which may include:

• Contribute to cross-functional projects that help strengthen enterprise-wide risk management capabilities.
• Promote a culture of sound risk management through adherence to corporate standards policies and governance practices.
• Partner with stakeholders across the business to gather information understand risk management practices and support decision-making.
• Utilize tools such as Excel Tableau SharePoint Microsoft 365 applications and AI-enabled solutions to organize information and improve repeatable processes.
• Support sampling reconciliation and review activities related to AI repositories data assets models and program documentation.
• Assist with oversight and governance activities across AI risk model risk fraud risk and other enterprise risk management functions.
• Analyze information and identify opportunities to strengthen risk frameworks governance processes controls and documentation practices.

• Support strategic initiatives involving process improvement governance effectiveness and business oversight activities.

Professional Development

Participation in the program will support your continued professional growth through targeted training mentorship and exposure to senior leadership. You will:

• Gain exposure to Freddie Macs enterprise risk framework governance structure policies and oversight processes.
• Build analytical risk management leadership and business communication skills.
• Develop a deeper understanding of AI governance enterprise risk management and emerging technology risks.
• Participate in AI-focused learning opportunities including introductory generative AI and risk management training.
• Expand your professional network through interaction with risk professionals business leaders and cross-functional partners.

• Enrolled in a full-time graduate degree program in Business Administration (MBA) Risk Management Economics Finance Public Policy Computer Science Data Analytics Information Systems Cybersecurity Technology Risk Program Management or a related field.
• One to three years of professional work experience.
• Expected graduation date of December 2027 or May 2028.
• Strong interest in enterprise risk management governance artificial intelligence data analytics or business process improvement.

• Intermediate to advanced Excel skills including experience working with formulas reconciliation processes and data analysis.
• Proficiency with Microsoft Office applications including Excel PowerPoint Word and SharePoint.
• Familiarity with Tableau Power BI business intelligence tools or data visualization platforms.
• Exposure to AI tools bots agents prompt engineering or automation technologies.
• Experience working with large datasets and business process documentation.
• Coding experience data analytics experience or familiarity with AI governance model risk cyber risk or program management is a plus.

Successful candidates will demonstrate:

• Curiosity and a desire to continuously learn about evolving risk management practices and emerging technologies.
• Strong initiative and the ability to proactively identify opportunities for improvement.
• Excellent written verbal and interpersonal communication skills.
• Attention to detail and strong organizational skills.
• Ability to work through ambiguity and adapt to changing business priorities.
• Strong analytical and critical-thinking capabilities.
• Ability to collaborate effectively across teams and build strong working relationships
• Comfort engaging with a variety of stakeholders and asking thoughtful questions to gain deeper business understanding.
• Interest in the intersection of business technology AI governance and risk management.

Graduate Interns are paid at a set non-negotiable hourly hourly rate for this role is $40/hr.

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.

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.