Counterparty Credit Risk Management, Sr

Freddie Mac•McLean, VA

20h•Onsite

About The Position

Freddie Mac is seeking a Senior Counterparty Credit Risk Management professional to identify, measure, and manage credit challenges across banks and corporates. This role involves assessing counterparty credit strength, performing continuous due-diligence, and contributing to the development of risk methodologies and reporting. The team manages Freddie Mac’s counterparty credit risk exposure to Banks and Corporates, ensuring risks are adequately evaluated and adverse trends are identified proactively.

Requirements

BS/BA Degree in finance, economics, accounting, or a related degree or equivalent along with 5+ years of related professional work experience in financial services, consulting, risk management, or a related field
3+ year of Counterparty experience
Ability to assess a company’s financial strength through analyzing its financial documents, statements, and other related materials
Proficient in MS Office with advanced skills in Excel

Nice To Haves

Excellent analytical skills
Good verbal and written communication skills
Ability to work independently with limited direct supervision

Responsibilities

Assess on an ongoing basis the creditworthiness of Banks and Corporate counterparties.
Assign internal counterparty ratings and document the corresponding rationale similar to a rating agency credit opinion.
Conduct due diligence on new counterparty applicants as needed as part of internal approval processes.
Develop recommendations for corrective actions to address counterparty non-compliance.
Assist in the development and improvement of counterparty eligibility requirements and related policies and procedures.
Manage and monitor internal counterparty risk exposures against corporate limits.
Conduct credit risk analyses of emerging industry issues and industry trends.
Find opportunities for operational improvement that streamline or improve existing processes.
Perform periodic management reporting related to counterparty credit risk and assist in developing presentations to senior management.