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:

The Investments & Capital Markets (I&CM) Division at Freddie Mac provides safety and soundness to the U.S. Mortgage Markets. In this role you will get the opportunity to explore different areas of Operational Risk Management in the First Line. The Analyst Program will consist of three, eight-month rotations focusing on overall Operational Risk Management and Third-Party Risk Management. In addition, you will also have opportunities to join and participate in employee network groups that will help in building meaningful relationships across the firm!

Our Impact:

The First Line Operational Risk Management teams act as trusted advisors to business collaborators in I&CM. They proactively manage operational risks in the business and help ensure compliance with relevant business requirements and regulations. The Third Party Risk Management teams consist of domain subject matter experts who focus on governance activities for third-parties both at the enterprise and divisional level.

Your Impact:

As a Risk Governance Analyst, you will support broad operational risk and specific third-party risk management activities. Your work will help us strengthen our operational risk management environment and proactively manage risk. This role will give you opportunities to expand your business and risk competence while being part of a diverse team. Your responsibilities would include:

Operational Risk Governance

• Analyze business processes to identify operational risks and drivers of risk in the business and conduct risk assessments.
• Analyze existing controls and/or develop new controls to help the business manage risks to acceptable level.
• Review and update risks and controls inventory for accuracy and completeness.
• Undertake ad-hoc projects, as needed.

Third Party Risk Management

• Support establishment of consistent third-party risk management activities across the enterprise and executing for the I&CM business.
• Monitor and report third party risk management to support oversight of third parties.
• Update and maintain documents (including procedures and inventories) related to third-party risk management.
• Undertake ad-hoc projects, as needed.

Qualifications:

• Bachelor's degree, preferably but not limited to, Economics, Finance, Business, Data Analytics
• Graduation date of Fall 2023 or Spring 2024 and available to begin full time employment in July 2024
• Excellent written and verbal communication skills
• Strong critical thinking and problem-solving skills
• Proficient in MS Excel, Word, and PowerPoint

Keys to Success in this Role:

• Interest in Capital Markets and/or Risk Management
• Great teammate with a positive attitude
• Proactive, curious and believes in continuous learning
• Deliver high-quality work products

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.

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: 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 $66,000 - $98,000 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.

We are both leaders and collaborators, continuously building skills and pursuing innovative solutions. Above all, we are passionate about our mission of Making Home Possible. Join our inclusive and diverse culture, which is what drives our success and makes us a stronger company.