Capital Markets Compliance Manager

Freddie Mac   •  

West Mclean, VA

Industry: Finance & Insurance

  •  

11 - 15 years

Posted 32 days ago

If you are a smart, self-motivated professional with a passion for Capital Markets and Compliance, Freddie Mac may be the employer for you! As a key member of the Compliance Team, the primary responsibility of the Capital Markets Compliance Manager will be to design, implement, maintain, and evolve our second line of defense (2LOD) Compliance Risk management program over Freddie Mac's master trust agreement (MTA) framework, which also includes other similar agreements which securitizes single family and multifamily mortgages.

The Manager's focus will be to operationalize and mature Compliance 2LOD Program elements including Governance, Risk Assessments, Regulatory Change Management, Policies, Standards and Procedures, Monitoring, Testing, Data Measurement, Reporting, Training, Issues Management, and Regulatory Interaction. Under Freddie Mac's Enterprise Risk Management's framework, the Compliance Capital Markets Manager will lead and manage a team that emphasizes execution, partnership, flexibility, and excellence. Capital Markets Compliance is responsible for the 2LOD oversight of securities and derivatives compliance risk, which also includes contractual obligation risk in our Single Family, Multifamily and Investments & Capital Markets divisions. This role will have specific focus on holistic, 2LOD oversight of the end-to-end master trust agreement process that transcends most of Freddie Mac major operating Divisions.

Your job will fall into three primary categories:

Obligations of Trustee

  • Ensure obligations of trustee are appropriately carried out as required by the agreements across Freddie Mac
  • Verify obligations are properly mapped, assessed, and timely documented within Freddie Mac's risk management framework

Securitization and Operational Risk

  • Provide oversight of Freddie Mac's securitization businesses and operational teams to ensure compliance with Corporate Policy 4-400 (Mortgage Related Securities Policy), the Trustee Standard, and other applicable policies and procedures
  • Sufficient coordination between the Legal Division and risk management groups to maintain a comprehensive view of securitization arrangements governed by master trust agreements or similar arrangements
  • Collaboration with securitization and operational teams in the Investment & Capital Markets, Single Family, and Multifamily divisions to document compliance with standards and procedures

Trust Cash Administration

  • Oversight of Trust Cash Adminisation team's administration of trust accounts
  • May include oversight of other securitization, funding or financial risk management transaction agreements



Qualifications

  • Typically has a minimum of 10-15 years of leadership experience with subject matter expertise in Asset Securitization, Compliance, Operational Risk Management, or Audit; 2LOD Compliance and/or Operational Risk Management expertise preferred
  • Bachelor's degree or equivalent experience
  • Experience interacting with executive level customer personnel and frequently coordinating across organizational lines
  • Experience in demonstrating exceptional leadership and organizational skills, secondary focus on strong analytical skills
  • Experience with working effectively in a changing environment

Key to Success in this Role

  • Strong communicator with experience working with people at all levels