Fair Lending Compliance Operations Lead

Freddie Mac • McLean, VA

4d • $129,000 - $193,000

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 excited by the chance to create an impact and work in a dynamic environment? Do you have strong experience in fair lending compliance programs, model risk oversight, change management and have strong analytical and interpersonal skills and knowledge of the Single-Family Acquisitions (SFA) business and/or primary and secondary mortgage markets? If so, apply for the Fair Lending Compliance Operations Lead role based in McLean, VA. In this role, you will work in conjunction with Single-Family (SF) Acquisitions business leaders and risk leads to effectively manage fair lending risk for the division. Our Impact: The Single-Family Compliance Risk Governance team is responsible for performing governance activities over the fair lending covered activities for the Single-Family Acquisitions division. Our team works with business partners across the enterprise to identify, manage, monitor, and mitigate the fair lending risk for the division. Your Impact: In this role, you will collaborate with SF Acquisition businesses and other internal stakeholders to: Lead and perform comprehensive fair lending risk assessments of businesses with fair lending risk across the Single-Family Acquisitions division. Identify and evaluate the fair lending impacts of business practices, policies and use of models including artificial intelligence and machine learning tools Serve as a subject matter expert (SME) on fair lending laws (e.g., Equal Credit Opportunity Act, Fair Housing Act, Safety and Soundness Act), providing actionable guidance to first-line business partners and stakeholders. Influence outcomes of internal/external exams, audits and other reviews related to fair lending. Create, prepare and present risk reports and dashboards to management and stakeholders by utilizing Microsoft tools (e.g., Excel, PowerPoint, Power BI, Power Automate) and visualization tools (e.g., Tableau) Periodically participate in operational risk-related projects that impact the SF Acquisitions division. Challenge status quo. Identify opportunities to improve and streamline processes.

Requirements

• Bachelor’s Degree in related field and 8+ years of compliance related experience in the financial services industry.
• 3+ years of demonstrated fair lending related experience.
• Strong understanding and practical application of the Equal Credit Opportunity Act, Fair Housing Act, Safety and Soundness Act and other relevant obligations.
• Demonstrated experience with risk management frameworks including identification, evaluation, documentation, mitigating and monitoring of risks
• Proven ability to serve as a credible SME and influence stakeholders in business decisions related to fair lending.
• Proficiency in data analytics and visualization tools such as Power Automate, Power BI, Tableau, etc.
• Strong Excel, PowerPoint, and SharePoint skills.
• Excellent written and verbal communication skills, with ability to present complex information to diverse audiences.
• Strong organizational and project management skills.

Nice To Haves

• Self-motivated and results-oriented mindset with strong problem-solving, critical thinking, and analytical skills
• Detail oriented with the ability to think holistically and creatively
• Ability to lead multiple priorities and meet strict deadlines
• Ability to work in a dynamic, rapidly changing business environment while producing a high-quality work product
• Passionate about learning
• Team player with an excellent work ethic and a positive, can-do attitude!
• Ability to build successful relationships and collaborate effectively across multiple, diverse teams, as well as work independently

Responsibilities

• Lead and perform comprehensive fair lending risk assessments of businesses with fair lending risk across the Single-Family Acquisitions division.
• Identify and evaluate the fair lending impacts of business practices, policies and use of models including artificial intelligence and machine learning tools
• Serve as a subject matter expert (SME) on fair lending laws (e.g., Equal Credit Opportunity Act, Fair Housing Act, Safety and Soundness Act), providing actionable guidance to first-line business partners and stakeholders.
• Influence outcomes of internal/external exams, audits and other reviews related to fair lending.
• Create, prepare and present risk reports and dashboards to management and stakeholders by utilizing Microsoft tools (e.g., Excel, PowerPoint, Power BI, Power Automate) and visualization tools (e.g., Tableau)
• Periodically participate in operational risk-related projects that impact the SF Acquisitions division.
• Challenge status quo.
• Identify opportunities to improve and streamline processes.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees