McLean, Virginia, USA
23 days ago
SFA Third Party Risk Governance Lead

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s 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.

Position Overview:

Freddie Mac’s Single-Family division is expanding the Third-Party Risk program. The Seller/Servicer Oversight and Governance Lead will play a critical part in the continued development of a divisional 1st line oversight function across all business lines for Single Family! This role will contribute to the leadership of the division to a consolidated risk view of our third parties by developing a repeatable governance and reporting structure while working with multiple business lines and risk types. Responsible for contributing to the process of leading the Seller /Servicer oversight activities and supporting the associated governance process across third-party life cycle phases. The role will work closely with other leadership areas within the existing team, 2nd line and the enterprise for the continued framework development. To learn more about this role based onsite in McLean, VA and our excellent benefits, please apply today!

Our Impact:

The Single-Family Seller/Servicer Risk team is responsible for running and leading all aspects of all of the risks associated with Sellers and Servicers we engage with while supporting Freddie Mac’s primary mission. Our team works with business partners across the enterprise to ensure we can identify, quantify, mitigate and communicate the risk associated with our Seller/Servicers. The Seller/Servicer Oversight team ensures there is single point accountability to lead all risk types and communicate effectively across the organization.

Your Impact:

Freddie Mac’s Single-Family division is expanding the Third-Party Risk program. This role will lead in the continued development of a divisional 1st line oversight and governance functions across all business lines for Single Family. This role will lead the division to a consolidated risk view of our Seller/Servicer by developing a repeatable governance and reporting structure while working with multiple business lines and risk types across the third-party risk lifecycle.

You will be responsible for the following functions as a key member of the Seller Servicer Oversight team:

Strategy, Governance & PolicyDue Diligence & Onboarding oversight activities for Seller/servicersOngoing Monitoring & Performance ManagementIssue Management & RemediationTerminations of entitiesLeadership & Staff OversightCross-Functional & Regulatory CollaborationReporting & Risk TransparencyProgram Improvement & Innovation

Qualifications:

Bachelor’s Degree in related field or equivalent work experience with 8+ years of experience in financial or operational risk management at a large financial services institution(s) including exposure to Third Party risk managementProficiency in Excel and Powerpoint is a mustDeep knowledge and subject matter expertise of the third-party management lifecycle and its overall business processes, controls and risk exposure (e.g., third party identification, selection, management, termination), and applicable laws and regulations.Understanding of regulatory requirements and expectations related to third party risk management (e.g., FHFA)Ability to work effectively and collaboratively with diverse group of partnersAbility to empower and inspire action through interpersonal skillsProactive leadership and partnership capabilitiesStrong written and oral communication skills

Keys to Success in this Role:

Highly motivated and positive self-starter with strong people skills and the ability to multi-taskHighly organized, detailed oriented and able to successfully handle multiple projects at onceWillingness to learn and ability to adapt quickly to changing needs and requirementsConfident speaker that is comfortable facilitating discussions with all levels of staff, including executives.Strong analytical skills and the desire to identify and implement process improvements to build efficiencies and improve our team’s effectiveness

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 Mac’s 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 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 $130,000 - $194,000 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.
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