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:
As a Manager in the Multifamily (MF) operational risk function within the Technology & Operational Risk department, you will be responsible for the first line of defense operational risk which is constantly evolving Multifamily’s approach to risk management.
The Manager will lead a diverse team and enhance and improve an integrated approach for operational risk frameworks and processes around supplier risk management based on corporate policies and standards and, where applicable, industry risk frameworks. In addition, you will collaborate with the Multifamily Process Owners, other 1st Lines of Business, and 2nd and 3rd Lines of Business. Apply now and learn why there’s #MoreAtFreddieMac!
Our Impact:
Engage and collaborate with the process owners to understand their process areas and provide guidance on managing operational risk, specifically vendor management.
Your Impact:
- Lead the execution of MF’s Supplier Risk Management Program, including managing team assignments and reviewing team’s deliverables.
- Perform supplier risk assessments and develop contingency plans.
- Lead the preparation of divisional reports related to supplier risk management.
- Support issue management throughout the issue life cycle (issue identification through closure) for issues related to supplier risk management program.
- Identify, analyze, and document/report operational events related to supplier risk.
- Ensure compliance with related operational risk frameworks/programs; establish linkages with process and risk and control taxonomies.
- Develop and maintain key risk indicators for supplier risk.
- Enhance current process for developing, approving, and maintaining policies, standards and directives across the MF Division (First Line of Defense)
- Engage and partner within MF division, other 1st line, 2nd line and 3rd line to provide guidance, answer queries, obtain solutions and resolve any concerns related to MF Supplier Risk Management program.
- Participate and represent MF Supplier Risk Management team in various meetings and forums.
Qualifications:
- Bachelor's Degree with 8+ years of overall relevant experience, including 4+ years of operational risk management and/or audit experience
- Sound analytical, collaboration and communication skills
- Proven risk literacy – the ability to describe use cases and outcomes, risk sources and management concepts across business and technology domains
- Consistent track record of effective leadership; build teams and consensus
- A familiarity and understanding of the MF space and the key topics impacting MF is preferred but not required
Keys to Success in this Role:
- Exhibits independent judgment, curiosity, strong problem solving, deep analytical ability to identify, assess, and mitigate risks.
- Motivated and driven to achieve long-term business outcomes.
- Timely completion of high-quality deliverables.
- Effective interactions with various members of management/client organizations.
- Understanding of regulatory compliance, and/or operational risk and controls.
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 $124,000 - $186,000 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.
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.
