Enterprise Operational Risk Senior

Freddie Mac • McLean, VA

1d • $98,000 - $148,000

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. Join an organization where your work contributes to a greater purpose. Position Overview: Are you passionate about operational risk management and ready to deepen your impact in the mortgage finance industry? We are seeking a Senior to join the Enterprise Business Risk and Control Office (EBRCO) Risk Methodology and Practices (RMP) team. In this role, you will support the implementation and execution of consistent operational risk practices across divisions, working closely with both first and second line teams to strengthen risk identification, assessment, monitoring, and governance. This role operates with strong individual contribution and subject‑matter expertise, while partnering closely with Leads and Directors on enterprise initiatives. Our Impact: The EBRCO – RMP team drives the consistent application of operational risk practices across the enterprise, enhancing risk transparency and governance. We collaborate with first line risk and control teams and second line governance functions to ensure alignment with the Enterprise Risk Framework, policies, and regulatory expectations. Your Impact: Support Enterprise Operational Risk Leads and Directors in executing operational risk practices, including participation in material non‑financial risk assessments, development of key risk indicators and other metrics, and contributing to the Enterprise non‑financial risk profile. Partner with first line risk and control teams to help embed risk practices, define and operationalize risk metrics, promote transparency, and facilitate timely risk identification and mitigation. Develop and maintain operational risk templates, job aids, and documentation, including standardized metric definitions, thresholds, and reporting guidance, to support consistent application across divisions. Perform RCSA quality reviews and support thematic risk assessments, levering quantitative analysis and trend data to identify emerging risks or control weaknesses. Coordinate with Enterprise Risk Management (second line) to support alignment of governance of risk metrics, alignment of methodologies, data standards and reporting expectations across the enterprise. Contribute to risk aggregation reporting, data-driven trend analysis, and preparation of materials for escalation to governance forums, translating analytics into clear decision-ready insights. Support the design and enhancement of risk tools, reporting, and technology solutions with a focus on data quality, metric automation, and analytical usabilty. Assist in 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 and effective use of metrics and analytics in risk management. Identify opportunities for continuous improvement and simplification of risk practices, tools, and governance routines including rationalization of metrics and enhancements of analytical insights.

Requirements

• 5+ years of experience in operational and/or compliance risk management, enterprise risk management, or related fields within financial services.
• Experience working collaboratively across teams and supporting cross‑functional initiatives.
• Working knowledge of risk frameworks (RCSA, control frameworks, monitoring, etc.), metric governance practices and regulatory expectations.
• Strong analytical, problem‑solving, and communication skills, with the ability to clearly document and explain risk concepts, working with quantitative data, reporting tools or risk systems, to support decision-ready risk insights.
• Demonstrated ability to translate business and risk objectives into measurable metrics with clear definitions, documentation and reporting standards.
• Experience supporting the development, execution, or enhancement of risk frameworks and practices, including designing, defining or governing risk metrics.
• Bachelor’s degree or relevant work experience, preferred

Nice To Haves

• Strong analytical and critical thinking skills with attention to detail.
• Ability to translate risk concepts into clear, business‑relevant insights.
• Effective relationship‑building and collaboration skills.
• Strong written documentation and verbal communication abilities.
• Commitment to fostering a proactive and consistent risk culture.

Responsibilities

• Support Enterprise Operational Risk Leads and Directors in executing operational risk practices, including participation in material non‑financial risk assessments, development of key risk indicators and other metrics, and contributing to the Enterprise non‑financial risk profile.
• Partner with first line risk and control teams to help embed risk practices, define and operationalize risk metrics, promote transparency, and facilitate timely risk identification and mitigation.
• Develop and maintain operational risk templates, job aids, and documentation, including standardized metric definitions, thresholds, and reporting guidance, to support consistent application across divisions.
• Perform RCSA quality reviews and support thematic risk assessments, levering quantitative analysis and trend data to identify emerging risks or control weaknesses.
• Coordinate with Enterprise Risk Management (second line) to support alignment of governance of risk metrics, alignment of methodologies, data standards and reporting expectations across the enterprise.
• Contribute to risk aggregation reporting, data-driven trend analysis, and preparation of materials for escalation to governance forums, translating analytics into clear decision-ready insights.
• Support the design and enhancement of risk tools, reporting, and technology solutions with a focus on data quality, metric automation, and analytical usabilty.
• Assist in 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 and effective use of metrics and analytics in risk management.
• Identify opportunities for continuous improvement and simplification of risk practices, tools, and governance routines including rationalization of metrics and enhancements of analytical insights.

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 $98,000 - $148,000 and is eligible to participate in the annual incentive program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level