Operational Risk Senior Manager

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

Qualifications

• 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
• Relevant professional certifications (PMP, CPA, CISA, CIA, etc.) are a plus

Keys to Success in This Role

• 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

Pay

This position has an annualized market-based salary range of $153,000 - $229,000 and is eligible to participate in the annual incentive program.