Risk & Governance Senior - Investments and Capital Markets

Freddie Mac   •  

Mc Lean, VA

Industry: Accounting, Finance & Insurance


5 - 7 years

Posted 49 days ago

The Investments and Capital Markets (I&CM) division is currently seeking a Senior to join the Risk and Controls team (first line of defense). The successful candidate willpartner with the I&CM business to conduct on-goingrisk assessments, ensure appropriate controls are implemented and/or enhanced, andcompletes control remediation as needed. The Senior willwork closely with I&CM Front Office (responsible for the management of the retainedportfolio, debt funding, liquidity management, interest-rate hedging and securitization), Operations, BusinessTechnology & Operations and Models teams. The Senior will also interact with I&CM Finance (first line of defense), EnterpriseRisk Management and Compliance (second lines of defense) and InternalAudit (third line of defense). The position willreportto the Risk and Controls Manager for I&CM.

Primary responsibilities include:
* Facilitate the Quarterly Business Area Risk and Control (BARC) assessments and produce quarterly BARC reports
* Conduct timely issues and operational event reviews to assess risk, determine root cause, evaluate controls, monitor and help design remedial actions, and produce concise write-ups.
* Support the establishment and maintenance of SOX and operational controls across all I&CM business activities, including updates in BWise, a risk management tool
* Undertake gap analysis for issued corporate policies and standards as needed
* Develop, enhance and streamline I&CM risk and control procedures and process flows
* Support reporting and monitoring of Key Risk Indicators (KRI)s
* Collaborate with internal Self-Testing and Audit teams and external Auditors
* Undertake ad-hocrisk and controls projects as needed

* Bachelor’s degree in Finance or Accounting
* Minimum of 5 to 7 years’ experience in Risk Management, Compliance, Audit and/or Capital Markets
* Solid understanding of risk and controls environment and three lines of defense framework
* Familiarity with SOX requirements and facilitating Risk and Control Self-Assessments
* Excellent written and verbal communication skills
*Experience in documenting business process flows and procedures

Key to Success
* Self-starter with a positive outlook and desire to solve problems
* Strong analytical skills with an ability to understand complex process flows and pays attention to detail
* Exceptional organizational skills and has the gravitas to interact effectively with Senior Management
* Ability to collaborate effectively, challenge status quo and drive change

Top 3 Personal Competencies:
* Partnership
* Drive for execution
* Customer focus (internal and external)