Operational Risk Senior

Freddie Mac
McLean, VA
Jun 22, 2017
Jul 24, 2017
Full Time
Position Overview
The Finance Division is seeking a Senior level employee responsible for supporting the end-to-end oversight of payment and security processing activities. This individual will be accountable for helping the Director establish a centralized comprehensive governance program over the company’s cash payment activities/systems with objectives to include: * Support establishment of Payment Risk Management Framework and Risk Assessment Methodology that conforms with industry leading practices, standards and specifications;
* Support maintenance of Corporate policies, procedures and standards for corporate payment process;
* Maintain assigned Corporate Payments Process/System flows and risk/control matrices, for all processes linked to bank accounts either managed by Freddie Mac (in corporate capacity or fiduciary capacity) or on behalf of Freddie Mac;
* Support periodic corporate aggregation assessments of unmitigated payment risks across the company;
* Support periodic assessments of the end-to-end design of controls for all payment processes and ensure that business areas (that own payment processes) update their business process flows and perform risk and control assessments on a periodic basis with their IT partners as outlined in Corporate Risk Assessment Standard (currently in draft);
* Support review of changes that impact payment processes or systems before release to a production environment to ensure that the risk and controls have been adequately assessed from an end-to-end view;
* Support maintenance of resiliency/disaster recovery plan for end-to-end payments processes; and
* Support training Freddie Mac staff about payments fraud; industry trends and appropriate safeguards and tips

Basic Requirements
* 5-7 years of operational risk/process management and/or audit experience
* Bachelor’s degree plus
* Sound analytical and communications skills
* Ability to think broadly but also be detail-oriented
* Ability to understand and work with a diverse group of stakeholders within first and second line functions
* Self-motivated, pro-active, and result-driven problem solver with the capability of managing multiple priorities without heavy supervision
* Capable of working independently or within a collaborative team environment

Preferred Skills
* Strong working knowledge of Microsoft Office (Excel, PowerPoint, Word, SharePoint, Visio)
* Previous big four experience and/or relevant professional certifications (CPA, CFA, Six Sigma green belt/black belt, CIA, etc.) a plus
* Familiarity with the COSO internal control framework
* Knowledge of business resiliency, third party and information and technology risk and control capabilities (architecture, identity and access management, software/hardware security)
* Knowledge of mortgage industry

Closing Statement
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. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

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