Counterparty Risk Management Requirements and Reporting Manager (Hybrid – 3 Days in Office – VA)

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:

Freddie Mac Multifamily is a leading innovator in the Multifamily mortgage market, and we are seeking a motivated and independent professional to join our dynamic risk management team. If you are passionate about finance, eager to learn about commercial real estate, and thrive in a hard-working environment, we want to hear from you. As a member of the Counterparty Risk & Compliance (CRC) team, you will play a crucial role in managing and reporting on third-party risk. This position offers an excellent opportunity to work directly with management, grow your expertise in the commercial real estate industry, and contribute to the success of our risk management efforts. Apply now and learn why Freddie Mac is #HomeToMore!

Our Impact:

Our team is responsible for reducing counterparty risk to Freddie Mac Multifamily by:

• Evaluating and mitigating risk posed by new counterparties that want to do business with Freddie Mac

• Performing risk assessments on existing counterparties undergoing organizational changes (e.g., mergers, acquisitions)

• Approving the expansion of loan products that current counterparties can sell to Freddie Mac

• Implementing third-party risk management strategies for the Multifamily division

• Reporting on counterparty risk to senior leadership and enterprise partners

• Designing and implementing technology improvements for managing counterparty risk data

Your Impact:

You will have an impact in helping to reduce risk by:

• Managing risk reporting processes for both divisional and enterprise reporting

• Facilitating management reporting meetings and creating meeting materials

• Documenting risk evaluation of new initiatives by working with business partners within the Multifamily division

• Reviewing controls for the CRC team and supporting annual testing on control effectiveness

• Working with Enterprise Risk Management and Internal Audit to support their testing of the CRC team, and supporting the resolution of issues and incidents

• Reviewing corporate policies and standards to ensure compliance of the CRC team

• Supporting inherent and residual risk assessments for Multifamily counterparties

• Leading ad-hoc projects for the Office of the Chief Operating Officer of Multifamily

• Supporting the implementation of a technology framework to modernize Multifamily risk reporting capabilities, and confirming data quality used for reporting

Qualifications:

The ideal candidate will possess the following qualifications:

• 4+ years of experience in risk management, financial services, or management consulting

• College degree in Finance, Business Administration, Economics, Real Estate, or related field

• Excellent verbal and written communication skills with the ability to clearly convey complex information to leadership

• Experience in confidently presenting and creating compelling meeting materials

• Strong organizational skills, including the ability to prioritize key tasks, work independently, and meet deadlines

• Experience in project management including the ability to lead multiple projects simultaneously and coordinate across teams

• Strong analytical skills with the ability to assess data, identify trends, and provide valuable insights

• Business knowledge in the Multifamily Commercial Real Estate industry

• Proficiency in Microsoft Office

Keys to Success in this Role:

• Commitment to excellence: takes initiative, pays attention to detail, and achieves results.

• Focus on collaboration: shows executive presence, manages collaborative relationships, and facilitates effective meetings.

• Willingness to learn: seeks to gain knowledge of the multifamily business and processes, and uses that knowledge to understand the needs of our business partners.

• Analytical thinker: displays sound professional judgement, identifies solutions, and asks critical question