Freddie Mac

Operational Risk Management, Senior (Policy Governance)

Freddie Mac$98K — $148K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in a related field
  • Bachelor's degree or equivalent work experience
  • Proven experience in governance processes and procedures
  • Exceptional written and verbal communication skills
  • Strong proficiency in Microsoft Office Suite (Excel, PowerPoint, Word, Outlook)

Responsibilities

  • Support first line review process for corporate policies and standards
  • Develop and maintain adherence procedures for policy reviews
  • Maintain accurate inventory of policies and standards
  • Execute management reporting related to policy reviews
  • Monitor industry best practices and recommend policy updates
  • Collaborate with teams to implement effective policy strategies

Benefits

  • Comprehensive total rewards package
  • Competitive benefits programs
  • Opportunity to participate in annual incentive program
  • Access to career development resources
  • Commitment to diversity and inclusion in the workplace
Full Job Description
Position Overview:

Are you excited by the chance to create an impact and work in a fast-paced, dynamic, and agile environment? Do you have experience in policy governance, other non-financial risk activities, and strong analytical and communication skills? Are you inquisitive, detailed, and passionate about learning? If so, please apply to the Enterprise Business Risk and Control Senior role. Apply now and learn support our mission of #makinghomepossible!

Our Impact:
The Enterprise Business Risk & Control Office is a new function at Freddie Mac responsible for facilitating efficient, effective, and consistent management of non-financial risks across Freddie Mac's first-line divisions. The centralized policy standards governance team within this function is responsible for facilitating policy reviews among stakeholders across the firm and coordinating related first line activities in the policy development lifecycle.

Your Impact:

As a proactive and independent individual contributor, your work will fall into these primary categories:
• Supporting the first line review process for corporate policies and standards
• Developing and maintaining procedures to enforce adherence to the established process for the policy and standard review
• Developing and maintaining an accurate and complete inventory of policies and standards to facilitate timely and efficient review and update
• Developing and executing management reporting related to policy standard reviews
• Actively monitoring changes to industry best practices for large financial institutions and identifying needed updates to policies, standards, and procedures
• Partnering with appropriate groups within the first line to develop and implement effective strategies efficient and effective policy and standard governance

Qualifications:
  • 5 - 7 years of overall relevant experience
  • Bachelor's degree or equivalent work experience
  • Experience developing and maintaining governance processes and procedures
  • Excellent written and verbal communication skills
  • Strong proficiency in Microsoft Office Suite (Excel, PowerPoint, Word, Outlook)


Keys to Success in this Role:
  • Self-motivated and results-oriented mindset
  • Analytical thinker with the ability to collaborate effectively, challenge status quo and drive change
  • Detail oriented with the ability to think holistically and creatively
  • Ability to work in a dynamic, rapidly changing business environment
  • Produce high-quality work products
  • Passionate about learning
  • Team player with excellent work ethics and a positive, can-do attitude
  • Ability to develop effective relationships across the firm
  • Strong critical thinking skills


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 $98,000 - $148,000 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.

About Freddie Mac

Freddie Mac is vital to a strong U.S. housing system, providing liquidity to the mortgage market under all economic conditions while ensuring the safety and soundness. As a trusted leader in housing finance, we guide the industry in meeting the needs of lenders and lowering the cost of housing for America's families.
Learn more about Freddie Mac
Size
7,284 employees
Industry
Founded
1970
NASDAQ

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