Treasury Operations Professional

Freddie Mac•Dallas, TX

12d

About The Position

Freddie Mac is seeking a Treasury Operations Professional to oversee payment execution and ensure cash activity is processed in accordance with corporate compliance and regulatory guidelines, including OFAC requirements. The role supports the firm’s business lines and company-wide Treasury Operations, which is responsible for compliant processing of cash activity. It also supports Investment and Capital Markets, including mortgage-related investments, single-family and securitization activities, and treasury functions. The position focuses on payment execution, operational and fraud risk management, business resiliency, and banking relationships. The professional will help strengthen payment processing, maintain controls and procedures, monitor payment activity, assess risks, support disaster recovery planning and testing, and provide reporting and support to stakeholders.

Requirements

College degree and/or equivalent experience.
At least 2 years of relevant experience.
Understanding of Treasury Services, Cash Management, and Banking Services, including investment instruments, rules, regulations, compliance, fraud prevention, and related risks.
Understanding of Federal Reserve payment systems.
Knowledge of OFAC (Office of Foreign Assets Control) requirements.
Demonstrated strong data and analytical skills.
Strong verbal and written communication skills.
Strong analytical, critical-thinking, and problem-solving skills.
Excellent organizational skills.
Highly motivated, with a desire to learn and adapt.
Customer-service orientation.

Nice To Haves

Banking and financial industry knowledge.
Knowledge of NACHA processes and rules.
Artificial intelligence knowledge.
Microsoft Office skills.

Responsibilities

Process cash and securities wires and ACH payments in support of the firm’s business lines.
Perform daily balancing and reconciliation with banks and clearing firms.
Govern authorized payment approvers, the Electronic Funds Transfer (EFT) Authority process, and payment-instruction setup.
Assist with projects to strengthen payment processing, including completing new business impact assessments.
Develop, modify, and execute departmental controls and procedures.
Conduct detective and preventative payment monitoring to identify fraud and operational errors.
Ensure the integrity of the company’s wire and ACH payment instructions and monitor transactions for OFAC compliance.
Execute risk assessments and document processes to help the firm respond to resilience events.
Partner with Information Technology to develop, maintain, and test disaster recovery and restoration plans.
Design and execute business resiliency and disaster recovery tests.
Perform supplier risk assessments.
Manage banking relationships and bank services, including Federal Reserve services.
Evaluate monthly bank fees.
Prepare and present a monthly Treasury Operations management report focused on key risk indicators, key control indicators, and payment volumes.
Provide strong support to stakeholders.