Enterprise Operational Risk Lead

Freddie Mac • Dallas, TX

1d • $126,000 - $188,000

About The Position

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. Continue your career journey where your work contributes to a greater purpose.
Position Overview:
Are you passionate about operational risk management and ready to make an impact in the mortgage finance industry? We are seeking a Lead to join the Enterprise Business Risk and Control Office (EBRCO). In this role, you will support the Director in implementing and maintaining consistent operational risk practices across divisions, working closely with both first and second line teams to strengthen risk identification, assessment, monitoring, and governance.

Our Impact:

The EBRCO team drives the consistent application of operational risk practices across the enterprise, enhancing risk transparency and governance. We collaborate with first line risk/control teams and second line governance functions to ensure alignment with the Enterprise Risk Framework, policies, and regulatory expectations.

Your Impact:
Support the Director in implementing operational risk practices, including executing material non-financial risk assessments, produce the Enterprise non-financial risk profile.
Partner with first line risk and control teams to embed risk practices, promote transparency, and facilitate timely risk identification and mitigation.
Develop and maintain operational risk templates, job aids, and documentation to drive consistency across divisions.
Assist in RCSA quality reviews and conduct thematic risk assessments to identify emerging risks or control weaknesses.
Coordinate with Enterprise Risk Management (second line) to align risk methodologies and reporting standards.
Support risk aggregation reporting, trend analysis, and escalation of material issues or emerging risks to governance forums.
Collaborate on the design and enhancement of risk tools and technology solutions.
Contribute to the development of metrics, templates, and governance routines to standardize reporting practices.
Participate in risk culture initiatives, training, and communications to enhance awareness and accountability.
Drive continuous improvement and simplification of risk practices, tools, and governance routines.

Requirements

• 8+ years of experience in operational and/or compliance risk management, enterprise risk management, or related fields within financial services.
• Experience supporting cross-functional initiatives and working collaboratively across teams.
• Strong understanding of risk frameworks (RCSA, control frameworks, monitoring, etc.) and regulatory expectations.
• Excellent analytical, problem-solving, and communication skills, including the ability to present complex content clearly.
• Experience developing or maturing risk frameworks and implementing consistent practices.
• Bachelor’s degree or relevant work experience, preferred

Nice To Haves

• Strategic and critical thinking with strong execution discipline.
• Ability to leverage data to inform risk perspectives.
• Skill in translating risk concepts into business-relevant insights.
• Strong relationship-building and stakeholder engagement abilities.
• Effective communication, documentation, and presentation skills.
• Commitment to fostering a proactive risk culture.

Responsibilities

• Support the Director in implementing operational risk practices, including executing material non-financial risk assessments, produce the Enterprise non-financial risk profile.
• Partner with first line risk and control teams to embed risk practices, promote transparency, and facilitate timely risk identification and mitigation.
• Develop and maintain operational risk templates, job aids, and documentation to drive consistency across divisions.
• Assist in RCSA quality reviews and conduct thematic risk assessments to identify emerging risks or control weaknesses.
• Coordinate with Enterprise Risk Management (second line) to align risk methodologies and reporting standards.
• Support risk aggregation reporting, trend analysis, and escalation of material issues or emerging risks to governance forums.
• Collaborate on the design and enhancement of risk tools and technology solutions.
• Contribute to the development of metrics, templates, and governance routines to standardize reporting practices.
• Participate in risk culture initiatives, training, and communications to enhance awareness and accountability.
• Drive continuous improvement and simplification of risk practices, tools, and governance routines.

Benefits

• 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 $126,000 - $188,000 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees