Treasury Operations Professional

Freddie Mac•Dallas, TX

1d•$77,000 - $115,000

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. The role supports Treasury Operations across the company and includes processing cash and securities wires and ACH payments, reconciling activity with banks and clearing firms, managing authorized payment approvers and payment instructions, and monitoring operational and fraud risks. The position also supports payment-process improvements, control development, business resiliency and disaster recovery planning, supplier risk assessments, and banking relationships, including Federal Reserve services. The successful candidate will prepare monthly management reporting and provide support to stakeholders. Treasury Operations is part of Investment and Capital Markets, which manages mortgage-related investments, single-family and securitization activities, and treasury functions.

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 Asset and Control).
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 oriented.

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 the authorized payment approvers and Electronic Funds Transfer (EFT) Authority processes, and manage associated risks.
Manage payment-instruction setup and ensure the integrity of wire and ACH payment instructions.
Assist with projects to strengthen payment processing, including completing new business impact assessments.
Develop, modify, and execute departmental controls and procedures.
Perform detective and preventative payment monitoring to identify fraud and operational errors.
Monitor transactions for adherence to OFAC requirements.
Execute risk assessments and document processes to support the firm's response 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 monthly Treasury Operations management reports focused on key risk indicators, key control indicators, and payment volumes.
Provide strong support to stakeholders.