Freddie Mac

Senior Director, Business Management (Credit Risk Management)

Freddie Mac$212K — $318K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years in business management or related fields, ideally in financial services/regulated environments
  • Proven record in managing complex, cross-functional portfolios
  • Experience in operational leadership including planning, governance, and reporting
  • Strong executive presence for advising and communicating with senior leaders
  • Exceptional communication skills for simplifying complex topics
  • Strong risk and control mindset, particularly in audited environments
  • Familiarity with mortgage industry and related capital markets is preferred
  • PMP or similar change management certifications are desirable
  • MBA or advanced degree in relevant fields is preferred

Responsibilities

  • Lead the operations of the CRM department and maintain its operating rhythm
  • Translate executive priorities into actionable plans for the Chief Credit Officer
  • Oversee the policy development lifecycle and ensure operational effectiveness
  • Drive transformation initiatives and manage the department's project management capabilities
  • Engage with senior stakeholders and represent CRM at various leadership levels

Benefits

  • Comprehensive total rewards package
  • Market-leading benefit programs
  • Participation in annual incentive program
Full Job Description


Position Overview:

Freddie Mac's Single-Family Credit Risk Management (CRM) division is seeking a Business Management Senior Director, reporting to the Chief Credit Officer to serve as the strategic integrator and operational backbone for a 250+ person organization. This leader will own the department's operating rhythm, drive a portfolio of high-impact initiatives, and ensure alignment between executive priorities and day-to-day execution across CRM.

The role blends executive-level partnership with operational leadership and program execution - setting direction, establishing governance, aligning stakeholders, and ensuring measurable outcomes across complex, interdependent workstreams in a highly regulated environment.

Your Impact:
  • Lead department operations (business management): Own the operating rhythm for CRM - strategic planning, prioritization, performance management, budget and resource coordination, training, communications, and executive reporting.
  • Serve as Primary Business Management strategy and execution for the Chief Credit Officer: Translate executive priorities into coordinated execution, represent the CCO in key forums, and enable clarity and alignment across the department.
  • Oversee the policy development lifecycle: Manage the Guide Bulletin process, Terms of Business updates, and FHFA submissions - driving consistency and operational effectiveness from intake through publication.
  • Drive a portfolio of transformation initiatives: Lead and coordinate major programs and the department-wide Project Management capability, including model portfolio oversight across 20+ models.
  • Engage senior stakeholders: Represent CRM with Freddie Mac executive leadership, FHFA, the Board, and internal control functions (audit, compliance, model risk, legal).


Qualifications:
  • 12+ years of experience in business management, chief of staff, strategy, operations, or program leadership roles within financial services, housing finance, fintech, or a highly regulated environment
  • Proven success leading complex, cross-functional portfolios with multiple stakeholders and interdependent workstreams.
  • Demonstrated ability to lead division operations (planning, governance, metrics, executive reporting, budget and resource coordination)
  • Strong executive presence with the ability to advise, influence, and represent senior leaders
  • Exceptional communication skills - able to translate complex topics into clear narratives for executives and broad stakeholder groups
  • Strong risk and control mindset; comfort operating in regulated environments with audit, compliance, and model risk considerations
  • Familiarity with mortgage industry concepts (credit policy, underwriting, loan delivery, model risk, investor guidelines) or adjacent capital markets domains preferred
  • PMP, AMP, ADKAR (or equivalent change management) certifications preferred
  • MBA or advanced degree in business, public policy, analytics, or a related field (or equivalent experience) preferred


Keys to Success in this Role:
  • Operate as the "integrator" for the department: Connect strategy, execution, and day-to-day operations so the CCO and leadership team have clarity, momentum, and control
  • Build trusted partnerships: Earn credibility with policy, product, technology, risk, legal/compliance, FHFA, and enterprise teams to unblock decisions quickly
  • Create a scalable operating model: Standardize governance, intake, prioritization, and communications so business management becomes repeatable and sustainable
  • Lead through change: Drive adoption with strong change management - stakeholder engagement, training, communications, and feedback loops


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 $212,000 - $318,000 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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