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Third Party Risk Governance & Reporting Senior (Hybrid - 3 Days In 0ffice - VA)

Freddie Mac
Freddie Mac Salary
Mc Lean, VA Full Time
POSTED ON 1/12/2025
AVAILABLE BEFORE 2/12/2025
At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

This position will support 1st line of defense (1LOD) third party risk management activities for the Enterprise Third Party Office (ETPO). The successful candidate will be responsible for completing the enterprise third party framework and associated reporting support. The role will collaborate with divisional risk officer delegates, business partners and other key stakeholders to deliver on third party reporting processes for the enterprise. This position will also interact with Enterprise Supply Chain as well as Enterprise Risk Management and Internal Audit. Strong reporting and analytical skills, risk assessment and internal control's experience are essential. Apply now and learn more about our benefits and why there’s #MoreAtFreddieMac!

Our Impact:

ETPO supports Freddie Mac mitigate 3rd party risk on an enterprise level. To help deliver on this commitment, the team engages with divisions, 2nd line and 3rd line partners to identify, assess, supervise, and mitigate risks associated with 3rd party relationships.

Your Impact:

  • Supporting third party risk program infrastructure elements e.g. risk and controls assessments, procedures, reporting, documentation, in collaboration with partners across the 1st, 2nd and 3rd lines of Defense.
  • Updating and maintaining documentation (including procedures and workflows) in support of Audits and Exams
  • Facilitating timely remediation of gaps and issues related to third party program infrastructure
  • Developing reporting and KRIs and critical metrics related to Third Parties
  • Identifying, monitoring and managing process improvement opportunities related to reporting and data quality requirements in our third and fourth party inventories
  • Monitoring and reporting on third party risk trends
  • Contributing to the continuous improvement of Enterprise Third Party Office’s governance and infrastructure processes e.g. risk identification, data management, reporting, metrics, program management
  • Supporting ad hoc projects and other duties as assigned

Qualifications:

  • 5 years of experience in third party and/or operational risk management for a Financial Services firm
  • Bachelor’s degree in Finance, Economics, Accounting or related field
  • Experience understanding data and driving meaningful insights to partners
  • Prior experience completing third party reporting and analytics initiatives
  • Familiarity with reporting tools that drive relevant storytelling for partners
  • Project management experience requiring collaboration and coordination across multiple business areas and partner groups
  • Excellent oral and written communication skills
  • Ability to exercise good judgment and maintain confidentiality
  • Ability to work effectively with continuous change and competing priorities
  • Ability to develop effective relationships across the firm

Keys to Success in this Role:

  • Highly motivated and upbeat self-starter with strong organizational and time management skills!
  • Proven experience operating at high standards of quality and accuracy within a fast-paced changing environment, including the ability to effectively and independently balance multiple projects concurrently.
  • Excellent verbal and written communication skills capable of succinctly communicating complex subject matter; Ability to facilitate group discussions
  • Familiarity with operational risk reporting

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

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 $94,000 - $142,000 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.

Salary : $94,000 - $142,000

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