Job Description
Job Description
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
* Support the development of enterprise-wide stress testing governance framework
* Provide execution guidance to process owners engaging in stress testing related activities
* Monitor the compliance with regulatory/internal stress testing requirements
* Conduct risk and control self-assessments for the end-to-end stress testing processes
* Assist Business Unit CFOs in identifying and documenting critical data elements used in stress testing and mitigating controls
Our Impact:
* Help to build enterprise-wide stress testing capabilities that will enhance our business decisions and risk management capabilities.
* Collaborate with Finance Business Unit CFOs, Division Risk Officers and Enterprise Risk Management to provide stress testing governance, guidance and process enhancements
* Streamlining the DFAST process by increasing efficiency while maintaining effective risk management practices
* Act as one of the main liaisons with FHFA for stress testing related matters
Your Impact:
* Collaborate with process owners to help ensure execution and documentation consistency
* Drive program level compliance with regulatory requirements and corporate policies/standards
* Identify opportunities to improve process effectiveness and efficiency
Qualifications:
* 4 -8 years' experience in finance or risk management; Stress testing experience preferred
* Bachelor's degree in Finance or related field
* Post graduate degree or professional certification preferred
* Solid understanding of Operational Risk Management Principles
* Strong analytical and problem-solving skills with high attention to details
* Capable of working independently or within a collaborative team environment
* Strong working knowledge of Microsoft Office (Excel, PowerPoint, Word, SharePoint)
Keys to Success in this Role:
* Strong work ethic; Capable of delivering under pressure
* Strong written and verbal communication skills
* Excellent collaborator and teammate with positive attitude
* Critical thinking to identify exceptions and deliver solutions
* Ability to quickly adapt to changes and deal with ambiguity
Current Freddie Mac employees please apply through the internal career site.
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit and register with our referral code: MAC.
Time-type:Full time
Job Category:Finance
FLSA Status:Exempt
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
* Support the development of enterprise-wide stress testing governance framework
* Provide execution guidance to process owners engaging in stress testing related activities
* Monitor the compliance with regulatory/internal stress testing requirements
* Conduct risk and control self-assessments for the end-to-end stress testing processes
* Assist Business Unit CFOs in identifying and documenting critical data elements used in stress testing and mitigating controls
Our Impact:
* Help to build enterprise-wide stress testing capabilities that will enhance our business decisions and risk management capabilities.
* Collaborate with Finance Business Unit CFOs, Division Risk Officers and Enterprise Risk Management to provide stress testing governance, guidance and process enhancements
* Streamlining the DFAST process by increasing efficiency while maintaining effective risk management practices
* Act as one of the main liaisons with FHFA for stress testing related matters
Your Impact:
* Collaborate with process owners to help ensure execution and documentation consistency
* Drive program level compliance with regulatory requirements and corporate policies/standards
* Identify opportunities to improve process effectiveness and efficiency
Qualifications:
* 4 -8 years' experience in finance or risk management; Stress testing experience preferred
* Bachelor's degree in Finance or related field
* Post graduate degree or professional certification preferred
* Solid understanding of Operational Risk Management Principles
* Strong analytical and problem-solving skills with high attention to details
* Capable of working independently or within a collaborative team environment
* Strong working knowledge of Microsoft Office (Excel, PowerPoint, Word, SharePoint)
Keys to Success in this Role:
* Strong work ethic; Capable of delivering under pressure
* Strong written and verbal communication skills
* Excellent collaborator and teammate with positive attitude
* Critical thinking to identify exceptions and deliver solutions
* Ability to quickly adapt to changes and deal with ambiguity
Current Freddie Mac employees please apply through the internal career site.
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit and register with our referral code: MAC.
Time-type:Full time
Job Category:Finance
FLSA Status:Exempt
About Freddie Mac