Position Overview:Freddie Mac is seeking an Operational Risk Professional to join the Investments & Capital Markets (I&CM) division. Are you someone who loves to challenge the status quo and leverage your critical mind? Do you want your work to be meaningful and make an impact in the housing industry? Apply now and support our mission to #makehomepossible!
Our Impact:The Treasury Governance team within the Investments & Capital Markets Division sets the policy and requirements that governs the end-to-end payment process and provide oversight and advisory for payment processing activities across Freddie Mac.
We help the company to manage risks related to payment process to an acceptable level and report on the end-to-end payment risk profile.
Your Impact:- Support maintenance of Payment Risk Management Framework that conforms with industry leading practices, standards and specifications;
- Support maintenance of Corporate policies, procedures and standards for corporate payment process;
- Support oversight of business area's compliance with Corporate procedures for corporate payment process;
- Support periodic corporate aggregation assessments of unmitigated payment risks across the company;
- Support periodic reporting of the aggregated payment fraud risks, KRIs, KPIs, and KCIs for the end-to-end payment management reporting
- Support periodic risk and control assessments for payment processes as outlined in Corporate Risk Assessment Standard;
- Support the development of end-to-end payment process control testing oversight plan;
- Execute the end-to-end design review of controls for all payment processes
- Execute manual/automated control testing oversight. Challenging test scripts and test of one and operating effectiveness results from an end to end view;
- Review significant changes that impact payment processes or systems to determine that the risk and controls have been adequately assessed from an end-to-end view;
- Support training Freddie Mac staff about payments fraud; industry trends and appropriate safeguards and tips; and
- Support other assigned governance and advisory activities
Qualifications:- Bachelor's degree plus 2-4 years of operational risk/process management and/or audit experience
- Strong working knowledge of Microsoft Office (Excel, PowerPoint, Word, SharePoint, Visio)
- Previous big four experience and/or relevant professional certifications (CPA, CFA, Six Sigma green belt/black belt, CIA, etc.) a plus
- Familiarity with the COSO internal control framework
- Knowledge of payment processing, third party and information and technology risk and control capabilities (architecture, identity and access management, software/hardware security)
- Basic understanding of AI concepts and their business applications is a plus
Key to Success in this Role:- Enthusiasm for learning about AI tools and their practical implementation
- Detail-oriented, analytical and good written and verbal communication skills
- Ability to understand and work with a diverse group of stakeholders within first and second line functions
- Self-motivated, pro-active, and result-driven problem solver with the capability of managing multiple priorities without heavy supervision
- Capable of working independently or within a collaborative team environment
Current Freddie Mac employees please apply through the internal career site.Time-type:Full time
FLSA Status:Non-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 $74,000 - $112,000 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.
