Credit Strategist – Single-Family Division (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:

We are seeking a dynamic and experienced Credit Strategist - Director to join our Single-Family Division. The ideal candidate will leverage their expertise in credit underwriting and credit policy to identify opportunities within our current requirements and propose innovative solutions. This role requires a strategic thinker who can advocate for changes that enhance our credit policy framework, ensuring it aligns with Freddie Mac’s goals of accessibility and sustainability in the housing market. Apply now and learn why Freddie Mac is #HomeToMore!

Our Impact: The Borrower Strategy team plays a critical role by focusing on innovative approaches to improve borrower experiences and outcomes, enhancing affordability and accessibility of homeownership solutions in today's dynamic housing environment.

Your Impact:  As a Credit Strategist in the Single-Family Division, you will significantly impact Freddie Mac's mission by driving strategic enhancements to credit policies that align with the organization's goals of improving accessibility and sustainability in the housing market, fostering better borrower experiences, and advancing homeownership solutions. Your role will be pivotal in advocating and implementing innovative credit strategies that streamline operations and improve risk management, all while collaborating with key partners and representing Freddie Mac within the industry.

Key Responsibilities:

1. Credit Policy Review and Analysis:

• Conduct comprehensive assessments of existing credit policies and underwriting practices within the Single-Family Division.
• Analyze data and market trends to identify inefficiencies and areas for improvement.

2. Solution Development:

• Propose targeted solutions or revisions to existing credit policies aimed at enhancing operational efficiency and risk management.
• Collaborate with cross-functional teams to develop and refine credit strategies that improve overall performance.

3. Stakeholder Advocacy:

• Advocate for significant changes to credit practices based on well-researched proposals and driven by data analysis.
• Present findings and recommendations to senior management and partners, effectively communicating the benefits of proposed changes.

4. Collaboration and Engagement:

• Work closely with Quality Control, Seller Engagement, Credit Risk Management, and other relevant departments as well as external stakeholders (Sellers, mortgage industry groups, etc) to ensure alignment of credit strategies with broader organizational goals.
• Facilitate discussions and workshops to gather insights and feedback from various stakeholders (Sellers, mortgage industry groups, etc) regarding existing practices and proposed modifications.

5. Performance Monitoring:

• Collaborate with Credit Risk Management for performance metrics to evaluate the effectiveness of implemented credit strategies and policies.

6. Industry Leadership:

• Collaborate with Seller Engagement and Credit Risk Management to proactively engage with Sellers through Freddie Mac forums including Seller Advisory Councils, Credit Advisory Board, on-site Seller visits and industry events/conferences. 
• Stay abreast of industry trends, regulatory changes, and best practices related to credit underwriting and policy.
• Represent Freddie Mac at industry events and forums, sharing insights and engaging with peers in the housing finance space.

Qualifications:

• Bachelor’s Degree in Finance, Economics, Business Administration, or a related field; Master’s degree preferred.
• 12+ years of relevant experience in credit underwriting, credit policy development, or a related area within the mortgage industry.  Prior GSE experience and/or primary (i.e. independent mortgage bank and/or financial institution) Single Family mortgage market experience preferred.
• Strong knowledge of underwriting standards, credit risk assessment, and regulatory requirements in the housing finance sector.
• Proven analytical skills with the ability to transform data into actionable insights and strategies.
• Excellent communication and presentation skills with demonstrated ability to engage diverse partners effectively.
• Strategic mindset with a track record of driving change and innovation in credit practices.
• Strong project management skills and the ability to manage multiple initiatives simultaneously.

Keys to Success: