Counterparty Risk Management Reporting Professional (Hybrid 3 Days in Office VA)

$74,000 - $110,000/Yr

Freddie Mac - McLean, VA

Full-time

McLean, VA

Credit Intermediation and Related Activities

About the position

The Counterparty Risk Management Reporting Professional at Freddie Mac plays a vital role in managing and reporting on third-party risk within the Multifamily division. This position is designed for a motivated individual who is passionate about finance and eager to learn about commercial real estate. The role involves evaluating and mitigating risks posed by counterparties, managing risk reporting processes, and collaborating with various teams to ensure compliance and effective risk management strategies.

Responsibilities

• Manage risk reporting processes for both divisional and enterprise reporting.
• Facilitate management reporting meetings and create meeting materials.
• Document risk evaluation of new initiatives by working with business partners within the Multifamily division.
• Manage controls and procedures for the CRC team, and support Risk and Control Self Assessments (RCSAs).
• Work with Enterprise Risk Management and Internal Audit to support their testing of the CRC team, and support the resolution of issues and incidents.
• Review corporate policies and standards to ensure compliance of the CRC team.
• Support inherent and residual risk assessments for Multifamily counterparties.
• Manage ad-hoc projects for the Office of the Chief Operating Officer of Multifamily.

Requirements

• College degree in Finance, Business Administration, Economics, Real Estate, or related field.
• 4+ years of experience in risk management, financial services, or management consulting.
• Excellent verbal and written communication skills with the ability to clearly convey complex information to leadership.
• Experience in confidently creating and presenting compelling meeting materials.
• Strong organizational skills, including the ability to prioritize key tasks, work independently, and meet deadlines.
• Experience in project management including the ability to lead multiple projects simultaneously and coordinate across teams.
• Experience with the management of risks, controls and procedures and an understanding of the model of three lines of defense.
• Strong analytical skills with the ability to assess data, identify trends, and provide valuable insights.
• Business aptitude in the Multifamily Commercial Real Estate industry, preferred.
• Proficiency in Microsoft Office.

Nice-to-haves

• Business aptitude in the Multifamily Commercial Real Estate industry.

Benefits

• Competitive compensation
• Market-leading benefit programs
• Annual incentive program