Position Overview: Are you passionate about counterparty credit risk management? We're looking for someone who can navigate complex credit challenges across banks and corporates - identifying, measuring, and managing risk while delivering solutions that are innovative, thorough, and practicable. If that sounds like you, come join our team! You'll have the opportunity to assess the credit strength of counterparties and perform financial continuous due-diligence activities, while playing an active role in the development of methodologies and related risk reporting on counterparty matters. Apply now and learn why there's #MoreAtFreddieMac!
Our Impact:- Our team is responsible for managing Freddie Mac's counterparty credit risk exposure to Banks and Corporates.
- Ensure that counterparty risks are adequately evaluated, and that adverse portfolio and/or individual counterparty trends are identified in a proactive manner.
Your Impact:- Assess on an ongoing basis the creditworthiness of Banks and Corporate counterparties.
- Assign internal counterparty ratings and document the corresponding rationale similar to a rating agency credit opinion.
- Conduct due diligence on new counterparty applicants as needed as part of internal approval processes.
- Develop recommendations for corrective actions to address counterparty non-compliance.
- Assist in the development and improvement of counterparty eligibility requirements and related policies and procedures.
- Manage and monitor internal counterparty risk exposures against corporate limits.
- Conduct credit risk analyses of emerging industry issues and industry trends.
- Find opportunities for operational improvement that streamline or improve existing processes.
- Perform periodic management reporting related to counterparty credit risk and assist in developing presentations to senior management.
Qualifications:- BS/BA Degree in finance, economics, accounting, or a related degree or equivalent along with 5+ years of related professional work experience in financial services, consulting, risk management, or a related field
- 3+ year of Counterparty experience
- Ability to assess a company's financial strength through analyzing its financial documents, statements, and other related materials
- Proficient in MS Office with advanced skills in Excel
Keys to Success in this Role:- Excellent analytical skills
- Good verbal and written communication skills
- Ability to work independently with limited direct supervision
- Ability to work independently with limited direct supervision
Current Freddie Mac employees please apply through the internal career site.Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $109,000 - $163,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
