Operational Risk Manager (Hybrid - 3 Days in Office)

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Headquarters, AZ, USA
In-Office
126K-190K Annually
Financial Services
The Role

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

The Single-Family Crisis Response and Cyber Risk team is seeking a highly motivated Operational Risk Manger that thrives on building cybersecurity risk management programs and processes. The candidate will help foster a collaborative crisis response and cybersecurity risk culture across the team. Advance cybersecurity governance and accountability. Design processes to increase visibility and controls and reduce risks. Partner with stakeholders to align on and implement standards and strengthen preparedness capabilities

Our Impact:

Navigate complex challenges and promote assurance within the Division and among our partners. Through the core disciplines of risk, response, and assurance, catalyze a collaborative culture of cyber risk reduction. Help challenge assumptions, align with standards, evaluate risks, respond to incidents, and prepare for the unexpected.

Your Impact:

  • Design and implement strategies, policies, and procedures for managing cybersecurity risk, response, and assurance.

  • Identify, define, and establish processes to align with industry standards and regulatory requirements.

  • Integrate cybersecurity risks, security trends, industry guidance, regulatory requirements and best practices to advance organizational risk posture.

  • Identify and develop proactive strategies to manage emerging cyber risks and secure business requirements.

  • Review and evaluate the effectiveness of cybersecurity measures and protocols and collaborate with partners to strengthen protections.

  • Effectively manage relationships with key stakeholders to ensure that there is a rich exchange of cyber risk information

Qualifications:

  • Bachelor’s Degree or equivalent work experience.

  • 8-10 years of professional experience (operational risk, process management, audit experience, crisis management).

  • Understanding of risk management practices at large financial services institutions, technology companies, or government agencies.

  • Solid understanding and experience with operational risk management, covering the full lifecycle of activities, including risk identification, assessment, mitigation, monitoring, and reporting.

  • Excellent verbal and written communication skills, including the ability to present content of varying levels of complexity.

  • Highly driven, results oriented, and looked at as a “valued partner” that works effectively and collaboratively with diverse groups of partners.

  • Self-motivated and can inspire action through interpersonal skills, relationship building, and proactive leadership.

Keys to Success in this Role:

  • A leader who can work with multiple partners, develop and execute against strategy while being able to manage day-to-day tactical activities.

  • Professional certifications in project management, security (CISA, CISM, CISSP, CRISC, etc.) or third-party risk.

  • Experienced in leading incident management, crisis management, and/or cybersecurity risk programs.

  • Effectively manage projects using standard project management tools, including business case development, project plans, budget management, issues and risks management and status reporting.

  • Ability to foster teams that can operate as self-motivated and pro-active problem solvers with excellent analytical and interpersonal skills.

  • Strong situational analysis and decision-making abilities during critical events.

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

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 www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

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.

This position has an annualized market-based salary range of $126,000 - $190,000 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.

Freddie Mac Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Freddie Mac and has not been reviewed or approved by Freddie Mac.

  • Healthcare Strength Health, dental, and vision insurance are consistently described as core offerings, supported by disability and life insurance coverage. Wellbeing support is reinforced through resources like a wellness center and related health programs.
  • Retirement Support Retirement benefits are positioned as a standout element, including a 401(k) with a strong match structure and additional retirement-related features. Profit sharing and pension-plan references further increase the perceived depth of long-term financial support.
  • Parental & Family Support Family-oriented benefits are described as extensive, including paid leave for new mothers and parental leave for spouses/domestic partners. Fertility coverage, adoption/surrogacy reimbursement, and back-up child/elder care add practical support across multiple family needs.

Freddie Mac Insights

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The Company
HQ: McLean, VA
9,809 Employees
Year Founded: 1970

What We Do

Freddie Mac is serving America’s homebuyers, homeowners and renters by financing the creation and preservation of more affordable homeownership and rental opportunities, providing liquidity, stability and affordability to the housing market. We are Making Home Possible for families across the nation.

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