Operational Risk Business Lead

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:

Are you ready to leverage your expertise in Operational Risk to make a significant impact in the mortgage servicing industry? Freddie Mac is seeking an accomplished Risk Practitioner to join our Enterprise Risk team, providing independent oversight across divisions. This is a unique opportunity to shape risk management practices, influence senior leaders, and drive meaningful change. If you excel at analytical thinking, problem-solving, and persuasive communication, we invite you to join our team and help us advance our risk culture. #MoreAtFreddieMac!

Our Impact:

As an Operational Risk Business Lead, you will:

• Deliver independent oversight of Freddie Mac divisions, ensuring operational risks are identified, measured, monitored, and controlled within established tolerances.
• Apply a robust monitoring framework to challenge and review risk practices.
• Aggregate and communicate independent, data-driven views of operational risk with a forward-looking perspective.
• Build influential relationships with business partners, becoming a trusted advisor and stakeholder in risk management activities.

Your Impact:

• Independently assessing operational risk and control environments through quantitative and qualitative means.
• Review, support, and challenge divisional operational risk profiles, focusing on key drivers, trends, future outlook, and escalation points.
• Coordinate across all non-financial risk domains to develop a holistic risk perspective.
• Foster positive relationships with stakeholders, actively participating in risk discussions and supporting effective challenges to drive actionable outcomes.
• Implement and enhance processes, procedures, and tools that support operational risk oversight routines.
• Bringing a focus upon internal process re-engineering, with a view to making recommendations and enhancements to existing Risk processes where opportunities arise.
• Monitor activities and provide critical inputs for quarterly divisional risk profile reporting, highlighting significant and emerging risks, effective challenges, and first-line risk management strategies.

Qualifications:

• Bachelor’s Degree (or equivalent work experience) and 8+ years of overall relevant experience with 5+ years in operational or compliance risk management.
• Proven ability to influence at all organizational levels, including executives, and unite teams toward common goals.
• Experience in process design and control assessment.
• Preferred experience in the secondary mortgage market, mortgage lending, or mortgage-related securities.
• Highly driven, results-oriented, and recognized as a “value partner” who proactively builds and leverages relationships internally and externally.
• Exceptional problem-solving skills and ability to articulate complex concepts clearly.

Keys to Success in this Role:

• Deliver thoughtful, fact-based challenges to divisions using a clear, concise, and risk-based approach.
• Strong team player and ability to communicate clearly and concisely to senior leadership.
• Strong influencing skills and ability to lead change and deliver results; Ability to multi-task and prioritize.
• Apply data-driven insights to advise on risk perspectives, demonstrating intellectual agility and interpersonal flexibility.
• Exhibit strong situational analysis and decision-making abilities.
• Communicate effectively—both written and verbal—across all levels of the organization, including through impactful visualizations.

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

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

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 timeFLSA 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 $126,000 - $188,000 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.