Operational Risk Senior Manager

Freddie Mac•McLean, VA

1d•Onsite

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 eager to make an impact in a fast-paced, agile environment? Do you have strong experience in operational risk and controls, model risk, and reporting, along with analytical and interpersonal skills and knowledge of Single-Family Acquisitions (SFA) or mortgage markets? If you are curious, passionate about learning, and customer-focused, apply for the Operational Risk Senior Manager to help lead SFA Risk Management. Our Impact: As part of Freddie Mac’s Single Family Acquisitions (SFA) organization, Operational Risk Management (ORM) drives consistency, transparency, and effectiveness in nonfinancial risk across multiple domains, including People, Reporting, Transaction and Execution, Information, Technology, Third Party, Operational Resiliency, Model, and Physical Security and Safety Risks. This role will focus on Model risk including Model Development, Implementation, Performance, Use, and Governance risks. The role will also support Artificial Intelligence (AI) risk assessments. ORM integrates: Risk and control evaluations across the Single Family Acquisitions Division Management reporting Coordination and escalation management Your Impact: As a SFA ORM Senior Manager, each workday is unique. Your impact will focus on the following key activities: Evaluate and report on operational risks, controls, issues, and policies/procedures. Document operational risks and controls as part of risk and control self-assessments. Perform governance and oversight over model related issues. Evaluate operational risk events related to models. Support the business during Audits, Exams, and Process Design Reviews. Escalate policy/standard non-compliance and at-risk timelines. Manage and develop staff. Evaluate applicability of corporate standards and FHFA directives against process risks and controls Challenge status quo. Identify opportunities to improve and streamline processes, including reporting and process automation. Periodically participate in operational risk-related projects that impact the SF Acquisitions division.

Requirements

Minimum 10 years of relevant experience with a minimum of 5-6 years of operational risk management and/or audit experience
Bachelor’s Degree or equivalent
Extensive experience with risks and controls with a focus on Model and AI risks and controls
Strong Proficiency in MS Office Suite (Excel, PowerPoint, Word, Outlook)
Relationship Management skills including influencing others, facilitating meetings, engaging partners, building relationship networks, and resolving conflict

Nice To Haves

Relevant professional certifications (PMP, CPA, CISA, CIA, etc.) are a plus
Results driven
Ability to motivate and inspire others.
Problem-solving, critical thinking, and analytical skills
Strong oral and written communication skills, including the ability to ask insightful questions
Naturally curious and passion for learning
Team player with a positive attitude

Responsibilities

Evaluate and report on operational risks, controls, issues, and policies/procedures.
Document operational risks and controls as part of risk and control self-assessments.
Perform governance and oversight over model related issues.
Evaluate operational risk events related to models.
Support the business during Audits, Exams, and Process Design Reviews.
Escalate policy/standard non-compliance and at-risk timelines.
Manage and develop staff.
Evaluate applicability of corporate standards and FHFA directives against process risks and controls
Challenge status quo.
Identify opportunities to improve and streamline processes, including reporting and process automation.
Periodically participate in operational risk-related projects that impact the SF Acquisitions division.