Third Party Risk - Senior Lead at Freddie

, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

26 Jun, 26

Salary

246000.0

Posted On

28 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Risk Management, Third Party Risk, Program Management, Risk Team Building, Risk Oversight Strategy, Risk Management Framework, Regulatory Requirements, Subject Matter Expert, Advisory Services, First Line Enterprise Governance, Reporting And Analytics, Executive Level Influencing, Communication Skills, GRC System, Situational Analysis, Decision Making

Industry

Financial Services

Description

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: Are you looking to apply your extensive knowledge of Operational Risk to the mortgage servicing industry? We are looking for a seasoned leader to join our Operational Risk Management (ORM) team and design an independent third party risk function that supports all our divisions across Freddie Mac. If you have deep knowledge of third party risk, a strategic program management mentality, with the ability to build a high caliber risk team, come join us. Apply now and learn why there’s #MoreAtFreddieMac! This role is based onsite in McLean, VA. Our Impact: Freddie Mac’s ORM team is an independent second line of defense function responsible for the design, implementation, and oversight of an effective operational risk management framework in line with Enterprise Risk Management (ERM) and Federal Housing Finance Agency (“FHFA”) expectations. Here, passion meets purpose. Talent meets opportunity. Ambition meets success. And if you’re looking for meaning in your work, this is where you’ll find it. Every day, we’re making home possible for millions of families across the U.S. We call it being home to more. We believe you’ll agree! Your Impact: This is a critical role in the Third Party Risk Oversight Program. As a team, we strive to meet corporate and division objectives, with the goal of reducing third party risk to Freddie Mac. Key responsibilities: Supporting Director with developing and operationalizing third party risk oversight strategy, annual plan and quarterly scoping methodology across all third party types (supplier, seller/servicers and other counterparties) Providing challenge to divisions when their risk management activities are inadequate and/or do not adhere to corporate or regulatory requirements Acting as a subject matter expert and providing advisory services and/or training to support our divisions in their management of third party risk Partnering with and conducting oversight of First Line Enterprise Governance Groups and shared services organizations on effective enterprise-wide governance and risk management programs Developing and operationalizing reporting and analytics requirements for metrics and to inform risk profile Escalating gaps and deficiencies to the appropriate partners Building positive relationships with partners across all 3 Lines Qualifications: Bachelor’s Degree or relevant work experience and 10+ years of overall experience 7+ years of experience in Operational Risk Management/third party risk in financial services or Mortgage Servicing Experience with influencing others, including at the executive level, and bringing people together towards a common goal Strong 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” Keys to Success in this Role: Strong understanding of seller/servicer relationships with Freddie Mac Strong, self-motivated and growth-minded leader with deep domain expertise Strong detail orientation with ability to balance against organizational goals/priorities and operational excellence Proven experience building and managing enterprise programs Prior experience using a governance, risk and/or Compliance GRC system Strong situational analysis and decision-making abilities 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 $164,000 - $246,000 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.

Responsibilities

The role involves supporting the Director in developing and operationalizing the third-party risk oversight strategy, including scoping across all counterparty types. Key duties include providing challenge to divisions on risk management activities and acting as a subject matter expert for advisory services and training.